Wazir X hacker moves fresh $57 million ETH into new wallet
The crypto world was shocked last week by the hacking and successful looting of about $230 million from WazirX, India’s largest cryptocurrency exchange. The post Wazir X hacker moves fresh $57 million...
View ArticlePixelverse falls out with its community over airdrop claims, gets X account...
Pixelverse, a budding member of the play to earn crypto projects hosted on Telegram has landed in hot water with its community following disappointing conditions given to the community for airdrop...
View ArticleRanking Nigerian Banks that have declared the most dividend in 5 years
The Nigerian banking industry is one of the most lucrative business sectors in the economy, playing a pivotal role in driving growth and development in Nigeria’s economic landscape. The post Ranking...
View ArticleNaira posts best daily gains since March amid increased FX inflows,...
The naira posted impressive gains against the haven currency amid increased inflows from the CBN, recording its best gains since March. The post Naira posts best daily gains since March amid increased...
View ArticleFederal government raises N225.71 billion from July auction as investors shun...
The federal government has raised N225.714 billion in the July 2024 bond auction, which is about 75% of its target as demand for short-term bonds weakens. The post Federal government raises N225.71...
View ArticleEthereum Exchange Traded Funds set to begin trading today after US SEC approval
The long-awaited spot, Ethereum Exchange Traded Funds (ETFs), is finally set to start trading today, following approval from the United States Securities and Exchange Commission (SEC). The post...
View ArticleBitcoin drops below $67,000 as Mt. Gox moves $2.85 billion BTC to new wallet
Bitcoin the primary crypto asset dropped below $67,000 following the Onchain activity of defunct crypto exchange Mt. Gox which moved over $2.85 billion worth of BTC assets to a new wallet earlier...
View ArticleUnilever Nigeria posts N6.28 billion pre-tax profit in 2024 half year
Unilever Nigeria Plc has posted a pre-tax profit of N6.3 billion in the first half of 2024, marking a 7% year-on-year growth from the N5.9 billion posted in H1 2023. The post Unilever Nigeria posts...
View ArticleAnalysis: Fidelity Pension Managers 2023 audited company and fund accounts
Fidelity Pension Managers recently published its 2023 audited accounts, providing a summary overview of its financial health and fund performance. The post Analysis: Fidelity Pension Managers 2023...
View ArticleTranscorp Hotels posts 188% profit growth in 2024 half year
Transcorp Hotel recorded a net profit of N1.6 billion, marking a 22% YoY decline from the N2.04 billion posted in Q2 2023. The post Transcorp Hotels posts 188% profit growth in 2024 half year appeared...
View ArticleExchange rate for Customs duties collection drops by N43 as Naira strengthens
The exchange rate for import duties collection by the Nigeria Customs Service (NCS) has declined from N1,584/$ on the 22nd of July to N1,541/$ today representing a drop of N43. The post Exchange rate...
View ArticleNigeria’s forex utilization for foreign education falls by 83% in Q1 2024
Nigerians spent $38.17 million on foreign education expenses between January and March 2024. The post Nigeria’s forex utilization for foreign education falls by 83% in Q1 2024 appeared first on...
View ArticleMt. Gox transfers another $2.47 billion BTC to an unknown address as Bitcoin...
Mt. Gox, the defunct crypto exchange has moved another fresh $2.47 billion to an unknown address after heavy onchain activities yesterday. The post Mt. Gox transfers another $2.47 billion BTC to an...
View ArticleSpot Ethereum ETFs record a $107 million net inflow on its first day of...
The Much-awaited spot Ethereum Exchange Traded Funds (ETFs) started trading yesterday after an eight-month process of approval with the United States SEC led by Gary Gensler. were launched in January....
View ArticleCBN sells one-year Treasury Bills at 22.1% in July auction
The Central Bank of Nigeria (CBN) has sold one-year Treasury Bills (T-Bills) at a stop rate of 22.1% during its July 24 auction. The post CBN sells one-year Treasury Bills at 22.1% in July auction...
View ArticleOver 73k traders lose all amid uninspiring Ethereum Spot ETFs
A total of 73,704 traders were liquidated for the day, resulting in a total liquidation value of $292.25 million. On Binance, the largest liquidation order ever occurred, with a BTCUSDT value of $11.78...
View ArticleFCMB posts N64.2 billion pre-tax profit in the first half of 2024
FCMB Group recorded a profit before tax of N64.2 billion in the first half of 2024, marking a 68% year-on-year growth from the N38.2 billion posted in the corresponding period of 2023. The post FCMB...
View ArticleTranscorp Power posts 214% profit growth in 2024 half-year
Transcorp Power Plc, the owners of Ughelli and Afam power plants have posted a pre-tax profit of N51 billion, representing a 214% year-on-year growth from the N16.2 billion posted in H1 2023. The post...
View ArticleNigeria may get up to 0.3% of 2024 GDP as revenue from windfall tax on banks’...
Nigeria's proposed windfall tax on foreign-currency revaluation gains of Nigerian banks could generate up to 0.3% of the country's Gross Domestic Product (GDP) in 2024, offering a temporary fiscal...
View ArticleSpot Ethereum ETFs hit $951 million in trading volume on second day of trading
Spot Ethereum Exchange Traded Funds (ETFs) launched for trading by the United States Securities and Exchange Commission on Tuesday recorded a total trading volume of $951 million on the second trading...
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