Okomu Oil Palm Plc projects revenue to decline by 34.9% in Q3 2024
Okomu Oil Palm Plc has projected its revenue for the third quarter of 2024 to drop by 34.9% in the third quarter of 2024 compared to the same quarter of 2023 The post Okomu Oil Palm Plc projects...
View ArticleTop 5 trending Memecoins to watch out for in June
Memecoins have become an integral part of the cryptocurrency ecosystem with a collective market capitalization of $65 billion. The post Top 5 trending Memecoins to watch out for in June appeared first...
View ArticleMarket loses N32 billion as investors offload stocks
The Nigerian Exchange (NGX) continued its bearish run this week, declining by a marginal 0.07% to close with an All-Share Index of 99,051.02 points, down from yesterday’s 99,118.86 points. The post...
View ArticleNaira stays flat at N1,476.95/$1 on official market as FX turnover nearly...
The naira has shown some form of stability against the US dollar on the NAFEM window, closing at N1,476.95/$1 on June 4, 2024. The post Naira stays flat at N1,476.95/$1 on official market as FX...
View ArticleBitcoin breaks $71k resistance, as 41,265 traders lose all their money
Bitcoin broke the $71,000 resistance line on Wednesday morning, causing significant losses for a large number of short sellers. The post Bitcoin breaks $71k resistance, as 41,265 traders lose all their...
View ArticleMexican billionaire reacts to 1 Nigerian Naira becoming less than a Satoshi,...
Ricardo Salinas Pliego, a Mexican billionaire reacted to the news of the Nigerian naira now becoming worth less than 1 Satoshi, urging his followers to buy more Bitcoin as a hedge against falling fiat...
View ArticleOando resumes trading on the Johannesburg Stock Exchange
Oando Plc has announced the resumption of its stock on the Johannesburg Stock Exchange, less than 3 months after the equity was suspended from listing on the JSE. The post Oando resumes trading on...
View ArticleAgusto & Co. upgrades Wema Bank Plc to “Bbb+”
In its June 2024 report, Agusto & Co., a credit rating agency, upgraded Wema Bank Plc from a “Bbb” rating issued in June 2023 to a “Bbb+” rating. The post Agusto & Co. upgrades Wema Bank Plc...
View ArticleInvestors shun 182-day T-Bills, flock to 364-day bills with N677 billion...
The latest Nigerian Treasury Bills (NTBs) auction held on June 5, 2024, unveiled a significant trend as investors leaned heavily towards the longer-term 364-day bills while showing reluctance for the...
View ArticleNaira hits three-week low at N1,488.60/$1 on official market
The naira depreciated to its lowest level in three weeks on the official market on Wednesday, June 5, 2024. The post Naira hits three-week low at N1,488.60/$1 on official market appeared first on...
View ArticleCrypto market adds $80 billion in one day as Altcoins gain value
The crypto market added $80 billion in one day following a current bull run which resulted in various Altcoins gaining significant value. The post Crypto market adds $80 billion in one day as Altcoins...
View ArticleSEC DG engages Securities Dealing Houses in Nigeria to address N190 billion...
The Acting Director General of the Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, has urged the Association of Securities Dealing Houses of Nigeria (ASHON) and other key stakeholders in...
View ArticleREPORTS: Otedola publishes bank statement as ‘evidence’ accusing Zenith Bank...
Billionaire businessman Femi Otedola has accused Jim Ovia, chairman of Zenith Bank, of engaging in fraudulent activities involving the bank account of his company, Seaforce Shipping Limited. The post...
View ArticleAirtel Africa to pay N276 billion total dividend for 2023, chooses N1,485.99...
Airtel Africa has selected N1485.99/$ as the exchange rate for its 2023 final dividend. The post Airtel Africa to pay N276 billion total dividend for 2023, chooses N1,485.99 as exchange rate for final...
View ArticleBrett coin shines in the Crypto market as total market cap of Meme coins hit...
Brett coin shines in the Crypto market as total market cap of Meme coins hit $70 billion follwing memecoin bull run The post Brett coin shines in the Crypto market as total market cap of Meme coins hit...
View ArticleWhat is Blum and how can you make money from it?
Nigerians are increasingly getting involved in the Web 3 space by participating in various airdrop campaigns launched by budding crypto projects looking to create awareness and grow their user base....
View ArticleNVIDIA: What you need to know about the company that’s 12x the size of...
During trading hours on June 5, 2024, processor maker, Nvidia, surpassed the $3 trillion valuation mark, and became the second most valuable public company in the world, ahead of Apple Inc The post...
View ArticleBitcoin interest strongest in Niger Delta, Southeast lead on Ethereum,...
Nigeria's cryptocurrency market continues to grow despite being cut off from the country's financial system and facing fresh criticism from President Tinubu's administration. The post Bitcoin interest...
View Article5 Crypto Airdrops after Notcoin to watch out for in June 2024
Airdrops are the fastest way to earn free crypto tokens in a crypto project and rewards from airdrops could range from $1 to $10,000 worth of crypto assets. The post 5 Crypto Airdrops after Notcoin to...
View ArticleExchange rate gains now 20% of FAAC allocation from 1.32%- Report
In the one year between May 2023 and April 2024, exchange rates gain as a constituent of the monthly FAAC allocation stood at N4.23 trillion. This represents around 20% of the total FAAC allocation to...
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