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Donald Trump pledges to make US the crypto capital of the world at the...

Donald Trump pledges to make the US the crypto capital at the Bitcoin 2024 conference, emphasizing innovation and cooperation. The post Donald Trump pledges to make US the crypto capital of the world...

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WazirX exchange proposes plan to spread $230 million loss among users 

WazirX, the leading cryptocurrency exchange in India has revealed its plan to spread the $230 million loss it incurred following a hack on the platform amongst its users in an equitable manner. The...

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Airtel Africa reports $74 million pre-tax profit as Nigerian subsidiary...

Airtel Africa has recorded a profit before tax of $74 million for the quarter ending June 30, 2024.   The post Airtel Africa reports $74 million pre-tax profit as Nigerian subsidiary struggles...

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OKX lists Hamster Kombat for pre-market futures trading today 

Hamster Kombat crossed another milestone today with the announcement of OKX, a top cryptocurrency exchange in the industry listing it on its platform for Pre-market futures trading.   The post OKX...

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Analysis: NPF Pensions 2023 audited company and pension funds’ accounts

NPF Pensions published its 2023 summary audited accounts, providing a short, but insightful overview of the company’s financial health and pension funds’ performance. The post Analysis: NPF Pensions...

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Berger Paints’ profit declines by 72% in 2024 half-year as inflation, high...

Berger Paints Nigeria posted a pre-tax profit of N122 million in the first half of 2024, representing a 72% year-on-year decline from the N439.7 million pre-tax profit posted in the corresponding...

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Access Holdings turns to social media Influencers to market Rights Issue  

Access Holdings, Nigeria’s largest financial services company, is enlisting the services of social media influencers to promote its substantial N350 billion rights issue.   The post Access Holdings...

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Bitcoin almost hits $70,000 price level following pledges at Conference 

Bitcoin, the flagship cryptocurrency asset has surged in price and is inches away from a new month high of $70,000. The post Bitcoin almost hits $70,000 price level following pledges at Conference...

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Bitcoin Cash surges by 12.8% as it outperforms every other asset in the...

Bitcoin cash, a derivative of Bitcoin has become the top gainer for the day after surging by 15.6% in the past 24 hours. The post Bitcoin Cash surges by 12.8% as it outperforms every other asset in the...

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International Breweries records N61.8 billion pre-tax loss in Q2, 2024 

International Breweries Plc posted its financial result for the second quarter of 2024, recording a pre-tax loss of N61.81 billion. The post International Breweries records N61.8 billion pre-tax loss...

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Total Energies beats forecast, posts N13.730 billion pre-tax profit in Q2 2024 

Total Energies Marketing Nigeria Plc has reported a pre-tax profit of N13.730 billion for Q2 ending June 30, 2024, reflecting a 95% year-over-year increase and surpassing its Q2 pre-tax forecast of...

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Exchange rate crashes to N1,611/$1, worst close since April

The exchange rate between the naira and the dollar fell to a four-month low of N1,611 on the official Investor and Exporter window on Monday, July 29th, 2024. This is according to data from the FMDQ,...

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Nestle’s woes continue as pre-tax loss hit N252.5 billion in 2024 half-year  

Nestle Nigeria Plc posted a pre-tax loss of N252.5 billion in the 2024 half-year, marking a 265% year-on-year decrease from the N69.1 billion pre-tax loss posted in H1 2023.   The post Nestle’s woes...

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US Government moves $2 billion worth of Bitcoin sparking speculation on...

The United States government has stirred the crypto community by moving over $2 billion worth of Bitcoin from its Silk Road crypto stash. The post US Government moves $2 billion worth of Bitcoin...

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Presco Plc Posts N20.781 billion Pre-Tax Profit in Q2 2024

Presco Plc has reported a pre-tax profit of N20.781 billion for Q2 ending June 30, 2024, representing a 159.77% year-on-year (YoY) increase. The post Presco Plc Posts N20.781 billion Pre-Tax Profit in...

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US Ethereum ETFs record $98.3 million in net outflows continuing bleeding...

The newly launched spot Ethereum Exchange Traded Funds (ETFs) in the United States recorded a net outflow of $98.29 million yesterday stretching its bleeding streak to four days now.   The post US...

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Crypto betting platform Polymarket hits $1 billion in all-time trading volume  

Popular crypto-betting platform, Polymarket, has crossed a milestone of $1 billion in trading volume with over one-third of the trading volume generated in the past 30 days alone.   The post Crypto...

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Seplat Energy posts 3,480% profit growth in second quarter of 2024

Seplat Energy Plc posted a pre-tax profit of N140.5 billion in the second quarter of 2024, marking a 3,480% year-on-year growth from N3.9 billion posted in Q2 2023.   The post Seplat Energy posts...

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FBN Holdings reports half year pre-tax profit of N411.9 billion, its best ever

Nigeria's oldest financial institution, FBN Holdings, released its 2024 second-quarter results, showing a pre-tax profit of N177.79 billion, representing an 18.9% year-on-year growth. The post FBN...

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Leveraging Blockchain technology can bring data integrity and stop fraudulent...

Mr. Olayimika Oyebanji is a Web 3 policy expert and award-winning crypto journalist with a deep understanding of how Blockchain technology can be used to improve various industries including the Oil...

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