Mt. Gox transfers over $2 billion worth of Bitcoin to fresh address
Mt. Gox the defunct crypto exchange in its latest on-chain activity moved over $2 billion worth of Bitcoin to a fresh address. The post Mt. Gox transfers over $2 billion worth of Bitcoin to fresh...
View ArticleHamster Kombat players to receive 60% of total token supply
Hamster Kombat, one of the most popular play-to-earn crypto projects on Telegram has stated that its players and users will receive 60% of the total token supply of its HMSTR tokens. The post Hamster...
View ArticleLafarge Africa Plc posts 15.66% pre-tax profit in Q2 of 2024, fueled by new...
Lafarge Africa reported an increase in pre-tax profit for Q2 of 2024 at 37.9 billion, representing a 15.66% year-over-year rise. The post Lafarge Africa Plc posts 15.66% pre-tax profit in Q2 of 2024,...
View ArticleWema Bank Plc reports 270.71% growth in Q2 2024 pre-tax profit
Wema Bank Plc has reported its Q2 2024 results showing pre-tax profits grew by 270.71% year on year to N19.416 billion. The post Wema Bank Plc reports 270.71% growth in Q2 2024 pre-tax profit...
View ArticleMTN posts N175.6 billion pre-tax loss in second quarter, incurs N231 billion...
MTN Nigeria Plc posted a pre-tax loss of N175.6 billion for the quarter ending June 30, 2024, reflecting a 38% year-on-year appreciation from the N282.3 billion pre-tax loss as of Q2 2023. The post...
View ArticleNaira on a 5th losing streak against the U.S. Dollar; Fed interest rate...
The Naira posted its worst dip since April despite the weakening U.S. dollar index. The post Naira on a 5th losing streak against the U.S. Dollar; Fed interest rate decision takes spotlight appeared...
View ArticleEthereum ETFs record $33.6 million net inflow ending 4 days bleeding streak
The nine spot Ethereum Exchange Traded Funds (ETFs) recently launched in the United States have ended its four days outflow streak by recording a net inflow of $33.6 million yesterday. The post...
View ArticleEthereum hits 9 years with Market Cap of nearly $400 billion and over 2.45...
Ethereum the second largest crypto asset and ecosystem crossed a milestone of nine years since its launch in July 30 2015. The post Ethereum hits 9 years with Market Cap of nearly $400 billion and over...
View ArticleStablecoin Issuer Circle prepares for IPO amid valuation dropping to $5 billion
The parent company and issuer of Circle stable coin USDC are preparing for an initial public offering (IPO) amid the market valuation of the company falling to $5 billion. The post Stablecoin Issuer...
View ArticleNigerian Breweries grapples with inflation as pre-tax losses hit N50.8...
Nigeria’s largest brewer by revenue, Nigerian Breweries Plc posted a pre-tax loss of N50.8 billion for the quarter ending June 30, 2023. The post Nigerian Breweries grapples with inflation as pre-tax...
View ArticleOnly 10% of our 2023 FX gains are realized – FCMB Group CEO
The Group CEO of FCMB Group, Ladi Balogun has stated that only about 10% of the bank’s foreign exchange gains recorded in 2023 are realized. The post Only 10% of our 2023 FX gains are realized – FCMB...
View ArticleNigeria’s currency in circulation exceeds N4 trillion in June 2024, first...
The latest data from the Central Bank of Nigeria (CBN) shows that the currency in circulation (CIC) reached a year-high of N4.05 trillion in June 2024, up by 56% from N2.6 trillion in the same month of...
View ArticleLargest health companies in Nigeria by market capitalization
Listing on the Nigerian Stock Exchange (NGX) provides companies with numerous benefits, including increased visibility, access to capital, and enhanced credibility. The post Largest health companies...
View ArticleFidelity Bank’s public offer and rights issue extended by N78.35 billion to...
Fidelity Bank has extended the period of its public offer and rights issue to August 12. The post Fidelity Bank’s public offer and rights issue extended by N78.35 billion to August 12 appeared first...
View ArticleMt. Gox moves fresh $2.25 billion BTC to Bitgo as redistribution process...
On Wednesday, Mt. Gox the defunct crypto exchange moved a fresh 33.96K BTC worth $2.25 billion to a wallet linked to crypto exchange Bitgo. The post Mt. Gox moves fresh $2.25 billion BTC to Bitgo as...
View ArticleNotcoin sets to launch story-driven Web 3 game with two NFT outfits soon
Notcoin, the popular crypto project, and Web 3 game has announced its plans to launch a story-driven Web 3 game in partnership with non-fungible token (NFT) outfits Lost Dogs and Getgems. The post...
View ArticleAIICO’s pre-tax profit soars by 121.55% in the second quarter of 2024, backed...
AIICO Insurance released its 2024 second quarter results, showing pre-tax profit increased 121.55% year-over-year from 6.3 billion reported in 2023. The post AIICO’s pre-tax profit soars by 121.55% in...
View ArticleHawkish U.S. Fed turns Bitcoin red; traders watch $60K support line
Bitcoin’s price swiftly dropped below $64K after the U.S. Fed adopted a more hawkish stance. Following a period of relative calm, the flagship cryptocurrency experienced sharp volatility, plunging by...
View ArticleConoil’s second quarter: 13.34% pre-tax profit increase impresses investors
Conoil Plc posts a 13.34% year-over-year rise in pre-tax profit for the second quarter of 2024 at 4.6 billion, up from 4.1 billion recorded in 2023. The post Conoil’s second quarter: 13.34% pre-tax...
View Article#EndBadGovernance protests: Bankers work from home, as NGX operations...
In response to the ongoing #EndBadGovernance protests, some banks in Nigeria have implemented remote work policies for their employees. The post #EndBadGovernance protests: Bankers work from home, as...
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