Christmas Week Trades Add $77.89bn To Bitcoin Market Cap   The market capitalisation of Bitcoin increased by $77.89bn during the week leading up to Christmas. On December 19, BTC had a market cap of $883.01bn. It opened trading at $46,853.87, recorded a high of $48,089.66, but closed...

Bitcoin’s Market Cap Loses $264.28bn In 50 Days   The market capitalisation of bitcoin, the world’s most popular cryptocurrency, fell by $264.28bn in 50 days. The market cap of BTC rose by $250.36bn in October to close at $1.16tn. BTC rose to a high of $67,566.83 on November...

NGX Rebounds As Indices Rise By N276bn   The Nigerian Exchange Limited (NGX) reopened in an upbeat yesterday, occasioned by gains in major highly capitalised (high cap) stocks, as market capitalisation appreciated by N276 billion. Specifically, the All-Share Index (ASI) rose by 528.15 points, representing a growth...

NGX Sustains Rebound With N218bn Gain     The Nigerian Exchange Limited (NGX) sustained a rising profile at the end of yesterday, as bargain hunting in the shares of 20 blue-chip companies lifted market capitalisation further by N218 billion. Specifically, the All-Share Index (ASI) grew by 416.24 absolute...

Equities Halt Losses As Market Capitalisation Rises by N5bn     Following gains recorded by many blue-chip stocks, the equities market halted The upturn was impacted by gains recorded in large and medium capitalised stocks, amongst which are: Lafarge Africa, Zenith Bank, Guaranty Trust Holding Company (GTCO),...

NGX Resumes December Bearish With N410bn Loss     Following losses suffered by many blue-chip stocks, especially MTN Nigeria and African Prudential, the Nigerian equities market resumed trading for the month of December on a negative note yesterday, as market capitalisation declined by N410 billion. In summary, the...