Nigerian Manufacturers ask CBN to wave conditions on forex policy for...
The Manufacturers Association of Nigeria (MAN) has asked the Central Bank of Nigeria (CBN) to wave many conditions of its forex policy for Manufacturers in the country. The post Nigerian...
View ArticleCBN to re-issue N2.2 trillion Treasury Bills in Q4 2024
The Central Bank of Nigeria (CBN) is set to re-issue N2.2 trillion worth of maturing Nigerian Treasury Bills (NTBs) in the fourth quarter of 2024. The post CBN to re-issue N2.2 trillion Treasury Bills...
View ArticleBlum Airdrop set for September 20, reveals new roadmap
Blum one of the budding play-to-earn crypto projects hosted on Telegram has finally announced its much-awaited Airdrop date while revealing a new roadmap for current users. The post Blum Airdrop set...
View ArticleNigerian banking sector: Slow but steady recovery after April’s 24% index drop
The Nigerian banking sector is gradually recovering from a significant decline in April, which saw the sector's index drop by 24% to close at 774 index points. The post Nigerian banking sector: Slow...
View ArticleAustralians lost $122 million to crypto scams in 12 months
Australians lost over $122 million to crypto investment frauds in 12 months with the under 50 years demographic as the primary target of fraudulent crypto investment schemes. The post Australians...
View ArticleThe Open Network Society pens open Letter to France urging Pavel Durov’s...
The Telegram Open Network (TON) society has penned an open letter to French authorities demanding the release of Telegram’s Russian founder Pavel Durov who was arrested on French soil on August 24th....
View ArticleTop 10 performing Stockbrokers in Nigeria by value of transactions (YTD July...
On July 31, the Nigerian Exchange Group (NGX) released a report detailing the top-performing stockbrokers in Nigeria. The post Top 10 performing Stockbrokers in Nigeria by value of transactions (YTD...
View ArticleNigeria’s foreign capital inflow drops by 57.22% to $770 million in April 2024
Nigeria’s foreign capital inflow has decreased to $770 million in the fourth month of 2024. The post Nigeria’s foreign capital inflow drops by 57.22% to $770 million in April 2024 appeared first on...
View ArticleCurrency outside bank drops to N3.66 trillion in July, biggest fall in 2024
The amount of currency outside the banking system in Nigeria decreased to N3.66 trillion in July 2024, marking the second decline this year. The post Currency outside bank drops to N3.66 trillion in...
View ArticleDOGS surged by 21% in last 24 hours as Analysts access community impact
The Open Network (TON) based memecoin DOGS which recently concluded an airdrop surged by 21% to become the highest gainer on the list of top 100 crypto assets by market capitalization. The post DOGS...
View ArticleSouth Korean CEO involved in $826 million crypto fraud stabbed in court
The CEO of Crypto firm, Haru Invest was stabbed in court by a middle-aged man while attending a trial for an alleged $826 million crypto fraud. The post South Korean CEO involved in $826 million...
View ArticleUK Crypto user loses $7,620 to new TikTok Ads Scam targeting job seekers
A new brand of crypto-related scams is sweeping across the TikTok scene in the UK which targets job seekers with fake ads. The post UK Crypto user loses $7,620 to new TikTok Ads Scam targeting job...
View ArticleSEC approves Quidax and Busha as legally recognised crypto exchanges in...
Nigeria’s Securities and Exchange Commission (SEC) said it has granted an Approval-in-Principle to two crypto exchanges Quidax and Busha, giving them the status of legally recognised crypto trading...
View ArticleAnalysts’ recommendation on FUGAZ Stocks this week
First Bank, UBA, GTCO, Access HoldCo, and Zenith Bank, collectively known as FUGAZ, continue to garner favourable attention from analysts. The post Analysts’ recommendation on FUGAZ Stocks this week...
View ArticleUS court drops $258 Billion Dogecoin manipulation case against Elon Musk
A United States court has dropped a $258 billion class action lawsuit on Elon Musk and his companies over claims that they promoted a “Crypto Pyramid Scheme” The post US court drops $258 Billion...
View ArticleOKX to list Hamster Kombat token on September 26
Leading Crypto Exchange OKX has announced that it would finally list the Hamster Kombat token (HMSTR) on September 26 making the crypto exchange amongst the first exchanges to list HMSTR on its spot...
View ArticleNigeria’s $500 million domestic dollar bond offering ends today, with...
Nigeria’s $500 million domestic dollar bond offering is set to close its subscription period today, Friday, with the settlement date scheduled for September 6, 2024. The post Nigeria’s $500 million...
View ArticleBUA Cement announces ₦2 per share dividend despite FX challenges
BUA Cement has announced a dividend payment of N2 per ordinary share to its registered members during the 8th Annual General Meeting held on August 29, 2024. The post BUA Cement announces ₦2 per share...
View ArticleFX turnover falls by 25% in August as official market struggles for...
The Nigerian official foreign exchange (FX) market experienced a marked decline in turnover in August, despite the initial Retail Dutch Auction conducted by the Central Bank of Nigeria (CBN). The...
View ArticlePZ Cussons records N76 billion after-tax loss in FY 2023/24
Soap manufacturer, PZ Cusson has posted a loss after tax of N76.02 billion in the financial year ending 31 May 2024. The post PZ Cussons records N76 billion after-tax loss in FY 2023/24 appeared...
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