Fast-growing Pepe Unchained hits $3 million in ICO, gets its own layer 2...
Pepe unchained (PEPU) which is believed by many experts to be a perfect alternative to the frog-themed meme coin PEPE has crossed a major milestone with its Initial Coin Offering (ICO) raising over $3...
View ArticleGerman government left with $582 million worth of BTC after shedding 80% of...
The German government which has been a source of serious concern for the crypto industry due to its on-chain activity is currently left with $582 million worth of Bitcoin after shedding over 80% of its...
View ArticleBitget hits $700 million in capital inflow in Q2, attracts 10 million monthly...
Bitget, a middle-sized cryptocurrency exchange punched above its weight in the second quarter of the year coming in third in the list of top crypto exchanges based on Q2 capital inflow. The post...
View ArticleTranex Plc shareholders approve increase in share capital to N498.15 million
Shareholders of Trans-Nationwide Express (Tranex) Plc have approved an increase in the company's share capital from N249,075,038.50 to N498,150,077.00. The post Tranex Plc shareholders approve...
View ArticleSeplat’s N185 billion decline drags NGX to lowest level in two weeks
Seplat Energy Plc experienced a significant decline on the Nigerian Exchange (NGX) today, with its share price falling by 8.30% to close at N3,480. This drop also resulted in a market capitalization...
View ArticleSenate rejects bill seeking to monitor, supervise transactions in the FX market
The Senate on Thursday rejected a bill seeking to amend the Foreign Exchange Act of 2004 to introduce provisions for the control, monitoring, and supervision of transactions in the Foreign Exchange...
View ArticleInvestment tribunal has resolved over 480 capital market disputes worth N868...
Chairman of the Investments and Securities Tribunal (IST), Mr. Amos Azi has disclosed that the tribunal has so far given judgment on over 480 capital market disputes worth over N868 billion. The post...
View ArticleAnalysis: Norrenberger grows revenue by 44%, cuts losses by 91% in FY 2023
Norrenberger Pensions published its 2023 corporate and pension fund audited accounts, providing a summary overview of its financial health and fund performance. The post Analysis: Norrenberger grows...
View ArticleAnalysis: Is Seplat Energy a Buy, a Hold, or a Sell?
The year 2023 was fantastic for Seplat Energy, with the share price gaining 110% to reach N2,310. The post Analysis: Is Seplat Energy a Buy, a Hold, or a Sell? appeared first on Nairametrics.
View ArticleSEC approves NGX investment platform to enhance public offerings, rights...
The Securities and Exchange Commission (SEC) has approved the Nigerian Exchange Group investment digital platform- ‘NGX Invest’, designed to streamline Public Offerings and Rights Issues in the...
View ArticleNigeria Infrastructure Debt Fund distributes N8.17 billion to shareholders in...
The Nigeria Infrastructure Debt Fund (NIDF) by Chapel Hill Denham will pay out N8.17 billion as distribution to unitholders for the first half of 2023. The post Nigeria Infrastructure Debt Fund...
View ArticleLunu CEO predicts global crypto holders to triple by 2026
Pavlo Denysiuk, the CEO of Lunu has stated that the number of crypto holders globally is set to cross the much-awaited one billion mark as early as 2026. The post Lunu CEO predicts global crypto...
View ArticleFX rate for customs duties collection rises above official market rate
The exchange rate for the Nigeria Customs Service (NCS) duties collection has risen from N1,520/$ to the current figure of N1,558 to the USD. The post FX rate for customs duties collection rises above...
View ArticleCBN sells $122.67 million to 46 authorized FX dealers
The Central Bank of Nigeria (CBN) has taken a significant step to stabilize the foreign exchange market by selling $122.67 million to 46 authorized dealers. The post CBN sells $122.67 million to 46...
View ArticleElectric cable maker, Cutix Plc, to pay N528.4 million in dividends for FY...
Cutix Plc, the electric cable maker will pay N528.4 million in dividends for the financial year ended April 30, 2024. The post Electric cable maker, Cutix Plc, to pay N528.4 million in dividends for FY...
View ArticleBitcoin price drops from CPI boost as total crypto market cap falls to $2.2...
Bitcoin, the primary crypto asset has lost the momentum it garnered from yesterday’s Consumer Price Index (CPI) numbers which was positive and gave the crypto market a boost. The post Bitcoin price...
View ArticleGeregu Power reports N30.2 billion profit, up by 145% in 6 months
Geregu Power Plc recorded a pre-tax profit of N30.2 billion in the first half of 2024, representing a 145% year-on-year increase from the N12.3 billion posted in the same period in 2023. The post...
View ArticleDespite Central Bank FX sales, exchange rate falls to July low of N1,563.8/$1
The naira hit a new low in July, closing at N1,563.80/$1 on Friday, July 12, 2024, as it recovered from the previous day’s slight appreciation. The post Despite Central Bank FX sales, exchange rate...
View ArticleGerman government wallet left with only 6,146 BTC after fresh selloffs today
The German government resumed the day with more selloffs of its Bitcoin assets reducing the total assets held in the German BKA-linked wallet to 6,146 at the time of the report. The post German...
View ArticleFX turnover rises by 40% this week as CBN boosts dollar supply
The Nigerian official foreign exchange (FX) market witnessed a significant increase in turnover, rising by 40% this week. The post FX turnover rises by 40% this week as CBN boosts dollar supply...
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