Bitcoin ETFs record fourth consecutive day of positive flow with $88 million...
The 12 spot Bitcoin Exchange Traded Funds (ETF) ended yesterday trading hours on a positive note for the the fourth time in a row. The post Bitcoin ETFs record fourth consecutive day of positive flow...
View ArticleScammers dominate Nigerian crypto trading social media groups
The Nigerian Web 3 space is rife with crypto trading groups promising prospective clients massive returns on investments by joining them. The post Scammers dominate Nigerian crypto trading social...
View ArticleMt Gox moves fresh $784 million worth of BTC to unknown wallet
Mt. Gox now in its ending stages of the redistribution of Bitcoin assets to its creditors moved over $700 million worth of Bitcoin to an unknown wallet on Tuesday night. The post Mt Gox moves fresh...
View ArticleHow Okomu Oil and Presco have become profit powerhouses in Nigeria’s Agro...
Agro-based companies listed on the Nigerian Exchange have reported yet another period of profitability growth in the first half of 2024. The post How Okomu Oil and Presco have become profit powerhouses...
View ArticleNaira lingers at N1600/$ amid improved fundamentals in Nigerian FX market
The Nigerian currency lingers at N1600/$ in the black market on Wednesday morning, despite improved market fundamentals in the country's FX market and the dollar index trading near its 7-month low. The...
View ArticleBVN, NIN required for subscription to Nigeria’s $500 million domestic dollar...
The Federal Government of Nigeria has disclosed the need for specific identification requirements for its latest financial instrument, the Domestic FGN US Dollar Bond. The post BVN, NIN required for...
View ArticleFederal government raises N374.751 billion from August bond auction on...
The Federal Government of Nigeria has raised N374.751 billion in its August 2024 FGN bond auction. The post Federal government raises N374.751 billion from August bond auction on renewed investors’...
View ArticleNigerian businesses expect naira to depreciate in the next three months- CBN...
Businesses in Nigeria say they expect the Naira to continue to depreciate in the next three months beginning from July but will begin appreciation after six months. The post Nigerian businesses...
View ArticleTranscorp Plc reports strong first half 2024 results; stock appears undervalued
Transcorp Plc has once again drawn significant attention with its strong performance in the first half of 2024, showcasing impressive growth and reinforcing market confidence. The post Transcorp Plc...
View ArticleNaira sends mixed signals as Dollar shows some strength
The naira displayed mixed signals against the dollar in Nigerian FX markets on Thursday. The post Naira sends mixed signals as Dollar shows some strength appeared first on Nairametrics.
View ArticleUnited Capital is up 31% since July, holds tight to third best-performing...
United Capital's share price increased by 31% as of the trading day ending August 21, 2024, from its closing price in July, reaching N17. The post United Capital is up 31% since July, holds tight to...
View ArticleHamster Kombat Airdrop threatened by recent internal conflict between...
Hamster Kombat, the biggest play to earn Telegram Web 3 game and its long-awaited airdrop, is threatened by internal conflict between the project investors and the development team. The post Hamster...
View ArticleTop 5 private equity funds in Nigeria based on AUM, AUM Growth, and...
The private equity sector in Nigeria is vital to the nation's economic growth, providing essential capital to businesses across various sectors. The post Top 5 private equity funds in Nigeria based...
View ArticleCrypto trader turns $1000 into $400,000 trading Tron’s memecoin Sunwukong
The crypto community is reeling over an anonymous trader who turned a $1000 investment in a new Tron memecoin into $400,000. The post Crypto trader turns $1000 into $400,000 trading Tron’s memecoin...
View ArticleOando PLC completes acquisition of Nigerian Agip Oil Company for $783 Million
Oando PLC has successfully completed its acquisition of the Nigerian Agip Oil Company (NAOC) from Italian energy giant Eni for a total consideration of $783 million. The post Oando PLC completes...
View ArticleNigeria’s most valuable companies face N4.6 trillion debt surge
As Nigeria's economic landscape continues to shift, the debt profiles of some of the nation's largest and most capitalized companies are climbing to high levels. The post Nigeria’s most valuable...
View ArticleChinese Authorities extradite mastermind behind $14 billion Pyramid scheme
Chinese authorities have successfully extradited a suspect in a $14 billion crypto pyramid scheme from Thailand. The post Chinese Authorities extradite mastermind behind $14 billion Pyramid scheme...
View ArticleBinance Founder Changpeng Zhao moved to Halfway House against a possible...
Binance Co-founder and former CEO Changpeng Zhao has been moved from a prison to a halfway house in preparation for a possible release in September. The post Binance Founder Changpeng Zhao moved to...
View ArticleUS Authorities seize $5 million worth of USDT obtained through Pig Butchering...
United States authorities have seized over $5 million worth of Tether earned through Pig butchering scams in the latest crackdown on bad actors in the crypto space. The post US Authorities seize $5...
View ArticleUS Fed has signalled its time to cut interest rates; Here is what it means...
On Friday, August 23rd, the US Federal Reserve Chair, Jay Powell delivered a much awaited speech at the Jackson Hole symposium hinting at a possible interest rate cut in the coming months. The post...
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