Seplat to pay N28 billion in interim dividends for second quarter of 2024
Seplat Energy Plc will pay N28 billion in interim dividends to its shareholders for the second quarter of 2024. The post Seplat to pay N28 billion in interim dividends for second quarter of 2024...
View ArticleJulius Berger’s share price climbs by 34.02% in two weeks
Julius Berger closed trading on August 13, 2024, at a share price of N130.00, continuing a strong upward trend that has gained momentum since the start of the month. The post Julius Berger’s share...
View ArticleGoldman Sachs’s filing reveals $418 million in spot Bitcoin ETF holdings
Global Financial services company Goldman Sachs revealed a $418.65 million position on U.S. spot bitcoin exchange-traded fund shares as of June 30. The post Goldman Sachs’s filing reveals $418...
View ArticleBitcoin surges by 3.2% as Bitgo moves $2 billion of Mt. Gox BTC
Bitcoin, the flagship cryptocurrency surged by 3.2% in price value as Bitgo moves $2 billion of Mt. Gox BTC to another address. The post Bitcoin surges by 3.2% as Bitgo moves $2 billion of Mt. Gox...
View ArticleFidelity Bank “surpasses target”, raises over N127.1 billion in first phase...
Fidelity Bank has surpassed the N127.1 billion target set in its combined offer programme, as the bank concludes the programme. The post Fidelity Bank “surpasses target”, raises over N127.1 billion...
View ArticleFG seeks N190 billion from bond market in August, lowest offer in 2024
The Federal Government of Nigeria, through its Debt Management Office (DMO), has announced plans to raise N190 billion from the bond market in August 2024. The post FG seeks N190 billion from bond...
View ArticleBREAKING: Seplat shares prices crosses N4,000 for the first time ever
Seplat Nigeria Plc has crossed the N4,000 share price for the first time ever, marking a 9% gain in early trading on Thursday. The post BREAKING: Seplat shares prices crosses N4,000 for the first time...
View ArticleBinance to pay $1.7 million fine in Brazil for trading violations
Binance’s global regulatory woes continue with the latest episode happening in Brazil where the largest crypto exchange in the industry is expected to pay a fine of $1.7 million for derivatives trading...
View ArticleSpot Bitcoin ETF ends two days of positive flow as $81 million flows out of...
The 12-spot Bitcoin Exchange Traded Funds ended their two-day positive inflows yesterday with $81 million exiting the funds at the end of the trading hours. The post Spot Bitcoin ETF ends two days of...
View ArticleNigeria to issue $500 million domestic dollar bond on Monday
The Federal Government of Nigeria plans to issue its dollar-denominated domestic bond next week Monday, as it hopes to raise $500 million from local and foreign investors. The post Nigeria to issue...
View ArticleUACN performance review through Q2 2024: Is now the Time to Buy?
UAC of Nigeria Plc recently released its Q2 2024 results, showing a 44% growth in pre-tax profit to N5.92 billion. The post UACN performance review through Q2 2024: Is now the Time to Buy? appeared...
View ArticleConsumer Goods Companies report reduced margins in the first half of 2024,...
Consumer goods companies listed on the Nigerian Stock Exchange (NGX) reported a significant uptick in their cost of production in the first half of the year. The post Consumer Goods Companies report...
View ArticleWhy Nigerians should consider investing in U.S. stocks
The American stock market is the most significant globally, accounting for two-thirds of the global market by value. The post Why Nigerians should consider investing in U.S. stocks appeared first on...
View ArticleStandard Bank Group plans to increase 67.55% stake in Nigeria’s Stanbic IBTC...
The CEO of the Standard Bank Group has announced plans to increase its stake in the Nigerian bank, Stanbic IBTC Holdings. The post Standard Bank Group plans to increase 67.55% stake in Nigeria’s...
View ArticleBybit crosses 40 million users after gaining 10 million new users in less...
Bybit one of the top three crypto exchanges by market share has hit a milestone of 40 million users after it acquired 10 million users in less than a month. The post Bybit crosses 40 million users...
View ArticleSpot Ethereum ETFs end 3-day inflow streak with $39 million exiting the funds
The nine US spot Ethereum Exchange Traded Funds ended their three-day positive inflow streak on Thursday with $39 million leaving the funds. The post Spot Ethereum ETFs end 3-day inflow streak with...
View ArticlePresco shares climb to N477, as gaining streak continues
Presco PLC ends another trading week in the green as its share price increases, continuing a three-month bull run. The post Presco shares climb to N477, as gaining streak continues appeared first on...
View ArticleUnion Bank records 138% profit growth for 2023 as restructuring plans continue
Nigeria’s second oldest bank, Union Bank of Nigeria has reported a pre-tax profit of N71.8 billion in the 2023 full year, marking a 138% growth from the N30.2 billion posted in FY 2022. The post...
View ArticleNigeria’s NGX Index drops 1.51% as investors react to results and Inflation data
The Nigerian Stock Market (NGX) All-Share Index and market capitalization fell by 1.51% this week, closing at 97,100.31 points and N55.132 trillion, respectively, as investors weighed mixed corporate...
View ArticleFederal Government to introduce new tax laws by September, targets regulation...
The Executive Chairman of the Federal Inland Revenue Service (FIRS), Dr. Zacch Adedeji, announced that the Federal Government is set to introduce new tax laws by September, which will include...
View Article