Nigeria crypto adoption is increasing, so are fraudsters becoming...
The cryptocurrency market has faced significant challenges since the start of 2025. The post Nigeria crypto adoption is increasing, so are fraudsters becoming sophisticated appeared first on...
View ArticleAnalysts point to Nestlé Nigeria’s strong Q4 results, reveal strategy to...
Analysts have described Nestlé Nigeria Plc as a ‘macro story,’ linking the company’s fourth-quarter profitability to more stable macroeconomic conditions. The post Analysts point to Nestlé Nigeria’s...
View ArticleDrinks and Mics analysts issue “Buy” rating for Seplat
During a recent discussion, analysts unanimously issued a buy rating, citing the company’s expanding gas potential, quarterly dividend payouts, and significant upside in production. The discussion took...
View ArticleExchange rate volatility: Government payments fueling rising dollar demand –...
Bureau De Change (BDC) operators have attributed the recent crash of the naira in the foreign exchange market to the huge demand for forex due to the windfall from some contractual payments and...
View ArticleAfrica Prudential sees 94.94% surge in full year profit, announces final...
Africa Prudential Plc has published its financial statement for the full year ending December 31, 2024, reporting a pre-tax profit of N2.8 billion. The post Africa Prudential sees 94.94% surge in full...
View ArticleSEC warns public on ”Pro-vest” and ”My Share” schemes, urges verification of...
The Securities and Exchange Commission (SEC) has issued a warning to the public regarding the ‘Pro-vest’ and ‘My Share’ investment schemes, both of which operate under names not registered by the...
View ArticleMarket Wrap: All-Share gains 0.08%; ETERNA and TRANSCORP rally, GEREGU trades...
The Nigerian All-Share Index experienced a modest increase of 83.31 points, closing at 106,621.91 on March 10, 2025, signaling a positive start to the week. The post Market Wrap: All-Share gains...
View ArticleBitcoin falls below $77,000 amid market turbulence and Mt. Gox movements
The cryptocurrency market continues to face sharp declines, with its total market cap dropping to $2.44 trillion on Tuesday, the lowest since early November. The post Bitcoin falls below $77,000 amid...
View ArticleCraneburg EKSG Motorway launches 20-year infrastructure bond, targeted at...
Craneburg EKSG Motorway Company has launched an infrastructure bond guaranteed by InfraCredit, with a 20-year tenor. The post Craneburg EKSG Motorway launches 20-year infrastructure bond, targeted at...
View ArticleOando becomes preferred bidder for Guaracara Refining Company in Trinidad,...
Oando PLC has stated that its subsidiary, Oando Trading, was selected as the preferred bidder to lease the refinery assets of Guaracara Refining Company Limited (GRC), according to the Honorable...
View ArticleNaira lukewarm despite weak dollar index
The Nigerian currency showed minimal changes in the Nigerian FX market despite a weaker dollar in the global market. The naira bounced and settled at N1,565/$ in the unofficial market, compared to...
View ArticleAll-Share drops by 0.43%; LIVESTOCK and CORNERSTONE shine; FIDELITY leads volume
On 11th March 2025, the Nigerian All-Share Index experienced a decline of 454.16 points, closing at 106,167.75. The post All-Share drops by 0.43%; LIVESTOCK and CORNERSTONE shine; FIDELITY leads...
View ArticleC&I Leasing issues N10 billion commercial paper: Takeaways for investors
C&I Leasing Plc has issued a N10 billion Series 5 commercial paper (CP) under its N50 billion issuance programme, registered with the FMDQ in 2022. The post C&I Leasing issues N10 billion...
View ArticleUnited Capital declares final dividend of N0.50 per share, reveals...
United Capital Plc has announced a final dividend of N0.50 kobo for the period ended December 31, 2024, designated for shareholders listed on the company’s register. The post United Capital declares...
View ArticleGeregu Power declares final dividend of N8.50, reveals payment date
Geregu Power Plc has announced a final dividend of N8.50 per ordinary share for the period ending December 31, 2024, an increase from the N8.00 per share paid to registered shareholders the previous...
View ArticleBitcoin struggles below $85,000 amid rising sell-off pressure
Bitcoin's price continues to struggle beneath the critical $85,000 level as market sentiment remains shaky amidst rising sell-off pressures. The post Bitcoin struggles below $85,000 amid rising...
View ArticleSeplat Energy CEO Roger Brown acquires 50,000 ordinary shares worth N285...
Seplat Energy Plc has announced to the public and the NGX that its Chief Executive Officer and Executive Director, Mr. Roger Brown, has acquired 50,000 ordinary shares in the company. The post Seplat...
View ArticleAll-Share Index rises 0.12%; TANTALIZER and ACCESSCORP top volume, UPDC shines
The Nigerian All-Share Index closed the trading day on March 13, 2025, in the green, climbing 130.56 points to finish at 106,220.94. This rise signifies a 0.12% increase from the previous day’s figure...
View ArticleRussia using Bitcoin, USDT to facilitate oil trades with China and India –...
Russian companies, including prominent oil traders, are increasingly turning to cryptocurrencies such as Bitcoin and Tether's USDT to facilitate international trade with China and India. The post...
View ArticleSeplat Energy unveils $650 million Senior Notes due 2030, outlines use of...
Seplat Energy Plc has revealed the launch of $650 million in Senior Notes due 2030, intended to refinance and repurchase existing notes maturing in April 2026. The post Seplat Energy unveils $650...
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