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Channel: Markets Archives - Nairametrics

Grayscale adds six new Crypto Tokens to its list of Top 20 coins for 2025 

Grayscale Investments has announced the addition of six crypto assets to its curated list of top 20 tokens with high potential for Q1 2025. The post Grayscale adds six new Crypto Tokens to its list of...

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Exchange rate ends 2024 at N1,535/$1, marking a 40.9% depreciation

The exchange rate between the naira and the dollar ended the year at N1,535/$1 representing a 40.9% depreciation for 2024.  The post Exchange rate ends 2024 at N1,535/$1, marking a 40.9% depreciation...

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Buying the Dip: why value beats price in investing

This article explores what it means to buy the dip using practicable illustrations. The post Buying the Dip: why value beats price in investing appeared first on Nairametrics.

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Top 10 best-performing stocks in the Nigerian market in 2024 

The Nigerian stock market, tracked by the All-Share Index (ASI), demonstrated a strong performance in 2024, achieving a growth of 37.65% and continuing a five-year bullish streak. The post Top 10...

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KEKIUS Memecoin surges by 2,600% following Elon Musk’s X Rebrand  

Pepe-themed meme coins, PEPE and KEKIUS, experienced significant gains after tech billionaire Elon Musk rebranded his X profile, igniting a surge of excitement among meme coin enthusiasts.  The post...

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2024 caps 5-year winning streak for Nigerian stocks with 37.65% growth  

The Nigerian stock market, tracked by the All-Share Index, concluded a stellar year in 2024 with a remarkable gain of 37.65%, fueled by resilient bullish momentum.  The post 2024 caps 5-year winning...

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December records the lowest crypto hacks in 2024 -Report 

In December 2024, the crypto industry experienced over 25 hacks, resulting in approximately $24.69 million in losses, a 71% decline compared to November, according to blockchain security firm...

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Oil and gas: The best performing index in 2024 with 160% YtD gain 

The Nigerian oil and gas sector emerged as the best-performing index in 2024, delivering a 160% YtD gain and outpacing its impressive 125% rise in 2023.   The post Oil and gas: The best performing...

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John Holt Plc posts N2.5 billion profit in 2024 amid revenue surge, parent...

John Holt Plc has published its report for the financial year ending September 30, 2024, revealing a pre-tax profit of N2.5 billion. The post John Holt Plc posts N2.5 billion profit in 2024 amid...

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Analyst knocks EU MICA laws, says Spat with Tether (USDT) spells doom for the...

Rume Ophi a renowned crypto market analyst shared his opinions on the MICA vs Tether Spat stressing that MICA’s regulatory framework is actually a nightmare for the crypto industry.   The post Analyst...

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FMDQ Exchange suspends security admission services in the Nigerian commercial...

FMDQ Exchange temporarily suspended security admission Services in the Nigerian Commercial paper Market following new rules by the Nigerian Securities and Exchange Commission.   The post FMDQ Exchange...

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Money supply surges 51% YoY to N108.96 trillion amid rising debts – CBN 

Nigeria’s Broad Money Supply (M2) soared by 51% year-on-year (YoY) to reach N108.96 trillion in November 2024, fueled by increasing domestic borrowings by the Federal Government, according to the...

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What markets are saying about gold buying in 2025

This article explores what the markets are saying about gold in 2025. The post What markets are saying about gold buying in 2025 appeared first on Nairametrics.

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Tether USDT market capitalization drops by $1.4 billion as MICA activates  

Tether’s U.S. dollar stablecoin experienced its sharpest decline since the FTX collapse during the sluggish crypto market of 2022.  The post Tether USDT market capitalization drops by $1.4 billion as...

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Five companies that delivered over N1 trillion to investors in 2024 

In 2024, the Nigerian Exchange (NGX) demonstrated resilience amidst challenging economic conditions, with the All-Share Index (ASI) posting a 37.65% year-to-date (YtD) gain.   The post Five companies...

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Top 5 best-performing African stock markets in 2024 

In 2024, African stock markets delivered a strong performance, with most indices across the continent experiencing significant growth.  The post Top 5 best-performing African stock markets in 2024...

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Market Wrap: All-Share Index climbs to 103,586 points; CHAMS and OMATEK top...

The Nigerian equities market continued its positive momentum on January 3, 2025, with the All-Share Index (ASI) advancing by 406.19 points to close at 103,586.33.   The post Market Wrap: All-Share...

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United States likely to buy up to 400,000 BTC in 2025 — Devere Group CEO  

The United States could potentially acquire up to 400,000 Bitcoins in 2025, according to Nigel Green, CEO of deVere Group.   The post United States likely to buy up to 400,000 BTC in 2025 — Devere...

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Where should Nigerians invest N1 million this year? 

This article gives an insight into where Nigerians can invest N1 Million in 2025. The post Where should Nigerians invest N1 million this year?  appeared first on Nairametrics.

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Do Kwon pleads not guilty to charges following $40 billion Terra USD Collapse 

Do Kwon, the South Korean founder of Terraform Labs, entered a not-guilty plea to a nine-count criminal indictment during a court appearance in the United States.   The post Do Kwon pleads not guilty...

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