Pepe and Bonk memecoins surge by 10% despite general market dip
Pepe and Bonk coin stood out in the market today by surging 10% when the entire crypto market was down in red. The post Pepe and Bonk memecoins surge by 10% despite general market dip appeared first...
View ArticleAsset manager firm says Crypto and AI could add $20 trillion to global GDP by...
Bitwise Asset Management, a leading asset management firm and a heavy investor in Bitcoin Exchange Traded Funds (ETF) has predicted that the cryptocurrency industry and the Artificial intelligence...
View ArticleCrypto market loses $400 million to liquidations as US policy meeting sparks...
The crypto industry lost $400 million to liquidation in two days following an important policy meeting the Federal Open Market Committee (FOMC) held yesterday, which sparked frantic sell-offs. The post...
View ArticleSeplat ExxonMobil $1.28 billion deal gets boost as NNPC moves to withdraw...
NNPC has filed a motion in the High Court of the Federal Capital Territory, Abuja, seeking to discontinue its ongoing legal action against several subsidiaries of Mobil Nigeria and the Nigerian...
View ArticleFX turnover crashes by 75.98% to a three-week low on Thursday
The foreign exchange (FX) turnover on the Nigerian official market crashed by 75.98%, hitting a three-week low on Thursday. The post FX turnover crashes by 75.98% to a three-week low on Thursday...
View ArticleNigerian Breweries posts N29.9 billion equity gain, as stock market...
Nigerian Breweries Plc (NB) was the best-performing stock in the NGX today, gaining 10%, marking a N29.9 billion equity gain. The stock closed at N31.90 from an opening price of N29.00. The post...
View ArticleWole Oshin Custodian Investment Plc, MD/CEO acquires 19.5 million more shares...
The Managing Director of Custodian Investment Plc, Mr. Wole Oshin, has acquired an additional 19,531,250 Custodian Investment shares at an aggregated share price of N10.56. The post Wole Oshin...
View ArticleBig 4 maintain market dominance as audit firms earn N17.34 billion fees in 2023
The big audit firms in Nigeria, KPMG, PWC, Deloitte, and EY, typically referred to as the Big Four maintained industry dominance yet again in 2023, as 50 of the most capitalized companies on the...
View ArticleTranscorp Vs. UAC Nigeria – Who navigated better in 2023?
Amid these turbulent economic conditions, Nigerian conglomerates have showcased resilience and adaptability. The post Transcorp Vs. UAC Nigeria – Who navigated better in 2023? appeared first on...
View ArticleTapswap announces that it will launch on the Open Network (TON) blockchain
Tapswap team announces its plan to launch on the Open Network (TON) blockchain putting an end to previous speculations The post Tapswap announces that it will launch on the Open Network (TON)...
View Article5 things to know about $TON token as it hits a new all-time high of $8
Toncoin is the native cryptocurrency of the Open Network Blockchain (TON) developed by Telegram. The post 5 things to know about $TON token as it hits a new all-time high of $8 appeared first on...
View ArticleFACTCHECK: BlackRock’s ‘$400 million’ ETF is not “leaving Nigeria”
Several media reports stating that a $400 million Exchange-Traded Fund (ETF) owned by BlackRock is “leaving” Nigeria is not true. The post FACTCHECK: BlackRock’s ‘$400 million’ ETF is not “leaving...
View Article“Investing in meme coins, including $Davido, is highly risky”- SEC
The Securities and Exchange Commission of Nigeria (“SEC”) has issued a cautionary statement regarding the significant risks associated with investments in meme coins, including those linked to Afrobeat...
View ArticleNotcoin price surges by 16% as Binance finally lists ‘Token’ for trading
The Native token for Notcoin, the popular Telegram-based clicker game has witnessed a 16% surge in price as Binance finally lists it for trading on its exchange. The post Notcoin price surges by 16% as...
View ArticleNaira prospects dim as inflation rate hit three decade-high
Naira weakened in the official market while Nigeria's headline inflation readings rose to a three-decade high in May, worsening the naira's fortunes in the short term The post Naira prospects dim as...
View ArticleGlobal investments in crypto hit $1 billion in May, driven largely by Ethereum
The research arm of Kucoin, a leading crypto exchange, released a Performance report on cryptocurrency for May, revealing that the industry witnessed an inflow of $1.02 billion in new investments. The...
View ArticleCrypto market loses $200 million as Bitcoin drops to a monthly low of $65,000
The Crypto market lost a whopping $200 million to liquidations as Bitcoin dropped to a monthly low of $65,000 dragging other altcoins along with it. The post Crypto market loses $200 million as Bitcoin...
View ArticleNigeria was spending $1.5 billion monthly to defend the Naira before Tinubu’s...
The special adviser to the President on Information and Strategy, Bayo Onanuga, said Nigeria was spending a whooping sum of $1.5 billion monthly to peg foreign exchange before Tinubu’s unification...
View ArticleMultichoice turns to betting division Kingmakers for growth as DSTV customers...
Pay-TV operator, Multichoice recorded significant growth in its betting business in Nigeria for the financial year ended March 31, 2024, as users of its betting platform, KingMakers, increased by 37%....
View ArticleDangote Sugar Refinery issues N42.79 billion commercial papers at 23% and 25%
Dangote Sugar Refinery announced the successful issuance of its N42.79 billion Series 4 and 5 commercial papers, issued at 23% and 25% respectively. The post Dangote Sugar Refinery issues N42.79...
View Article