Year: 2024

Bitcoin, Ethereum, and some other cryptocurrencies prices rebounded in the cryptocurrencies markets after massive sell pressure caused by retail investors profit-taking. However, the renewed interest in major cryptocurrencies assets lifted market capitalisation of all digital coins higher, weekend data showed.

The equities market capitalisation of the Nigerian Exchange, NGX, grew by N10.6 trillion as insurance, banking, and consumer goods indices drove rallies that lasted for four out of five days. The local bourse extended its winning streak in the just-concluded week, achieving a historic milestone as the benchmark NGX All-Share Index (ASI).