3 things we know so far about Tapswap launch date on Ton Blockchain
The much-anticipated day for all crypto enthusiasts participating in the Tapswap project has arrived. The post 3 things we know so far about Tapswap launch date on Ton Blockchain appeared first on...
View ArticleCoronation Insurance posts 192% profit growth in 2023
Coronation Insurance Plc has reported a remarkable year-on-year profit growth of 192% for the fiscal year 2023. The post Coronation Insurance posts 192% profit growth in 2023 appeared first on...
View ArticleBest performing stocks in the NGX in the first half of 2024
In the first half of 2024, the Nigerian Exchange (NGX) advanced by 33.81%. The All-Share Index concluded the first half of the year at 100,057.49 points, a notable increase from its starting position...
View ArticleNigerian cement giants post combined gain of N7.344 trillion in H1’ 2024
Three publicly traded cement companies listed on the Nigerian Exchange Group Plc (NGX) achieved a combined gain of N7.344 trillion by the end of the first half of 2024. The post Nigerian cement giants...
View ArticleAttractive U.S yields add pressure on Nigerian naira
Rising U.S. yields bolstered the dollar index while adding pressure on inflation-prone currencies like the Nigerian naira. The post Attractive U.S yields add pressure on Nigerian naira appeared first...
View ArticleTapswap officially postpones its much-anticipated token launch to Q3 2024
The Tapswap team explains to the Tapswap community explaining why the Token launch did not happen and when the new expected date is. The post Tapswap officially postpones its much-anticipated token...
View ArticleIndustrial & Medical Gases shareholders approve N249 million dividend
Shareholders of Industrial & Medical Gases (IMG) Nigeria Plc, have approved the payment of N249 million declared by the board of the directors of company. The post Industrial & Medical Gases...
View ArticleConoil grows profit by 99% to N9.9 billion in 2023, to pay N2.43 billion...
Conoil Plc has recorded a 99% growth in its profit after tax to N9.87 billion in 2023, from N4.96 billion as of FY 2022. The post Conoil grows profit by 99% to N9.9 billion in 2023, to pay N2.43...
View ArticleBitcoin faces more selling pressure as German govt transfers another $52...
Bitcoin the primary crypto asset has faced the latest bout of selling pressure as a crypto wallet linked to the German government sold another $52 million worth of Bitcoin earlier today. The post...
View ArticleCBN warns banks, FX dealers against rejecting old, lower dollar bill...
The Central Bank of Nigeria (CBN) has issued a stern warning to Deposit Money Banks (DMBs) and authorized forex dealers, emphasizing the mandatory acceptance of old and lower denominations of United...
View ArticleCustoms exchange rate for import duties rises to the highest in three months
The Nigeria Customs Service exchange rate for import duties collection has risen to N1508/$- the highest in the past three months dating back to 21st March, 2024. The post Customs exchange rate for...
View ArticleNigerian stocks you can invest in H2’2024 – Investment analysts
Equities trading on the Nigerian Exchange Limited (NGX) finished the first half of 2024 (January-June) with notable positivity, driven by a significant surge in investor confidence in listed...
View ArticleBitcoin falls below $61,000 following looming activity on Mt. Gox exchange
Bitcoin the primary crypto asset has fallen below its $61,000 price level in the early hours of today with the asset now trading for $60,400 at the time of report. The post Bitcoin falls below $61,000...
View ArticleNotcoin price down by 52% while Hamster Kombat breaks two records
Notcoin, the earliest telegram-based tap-to-earn crypto project is stuck in a bear market as competition in the Tap to earn crypto project category heats up. The post Notcoin price down by 52% while...
View ArticleEcobank is undervalued but its Nigeria business continues to lag
Ecobank Transnational Incorporated’s (ETI) profit before tax rose to a 5-year-high of N263.524 billion ($581.362 million) in FY 2023, according to audited financial statements seen by Nairametrics....
View ArticleSEC declares crypto firms, others operating without office in Nigeria illegal...
SEC mandates all VASPs, including crypto firms, to establish an office in Nigeria under its Accelerated Regulatory Incubation Programme (ARIP). The post SEC declares crypto firms, others operating...
View ArticleBitcoin drops by 3% as 100,565 traders lose $262 million
The early morning trading session saw a 3% loss in Bitcoin price before it partially recovered to trade at $58.8K during the Asian trading session. The post Bitcoin drops by 3% as 100,565 traders lose...
View ArticleNigerians kick as KuCoin announces 7.5% VAT charges on transaction fees from...
Crypto traders in Nigeria have kicked against plans by crypto exchange, KuCoin, to start charging Nigerian users of the platform 7.5% Value Added Tax (VAT) on transaction fees starting from July 8,...
View ArticleFidelity Bank to issue additional N78.35 billion shares, as it anticipates...
Fidelity Bank will issue an additional 8.2 billion shares, worth about N78.35 billion as the bank anticipates an oversubscription of its combined offering. The post Fidelity Bank to issue additional...
View ArticleNGX ends H1 2024 as the best performing stock market in Africa
The Nigerian Exchange was the best-performing stock market in Africa in the first half of 2024, with a 33.81% growth in its All-Share Index. The post NGX ends H1 2024 as the best performing stock...
View Article