Geregu Power surges to N2.8 trillion market cap in September
Geregu Power Plc, a key player in Nigeria’s electricity generation sector, saw its market capitalization soar to N2.8 trillion in September 2024, driven by strong investor confidence and bullish market...
View ArticleFidson, Meyer, and Caverton lead gains as All-Share Index rises by 0.25%
The Nigerian All-Share Index (ASI) continued its upward momentum in another trading session, gaining 244.24 points, supported by a significant increase in trading volume. The post Fidson, Meyer, and...
View ArticleNaira appreciates to N1,541.52 at I&E window on positive economic news
The exchange rate between the naira and the US dollar appreciated N1,541.52 at the official Investor and Exporter (I&E) window on Friday, September 20, 2024. The post Naira appreciates to...
View ArticleAccess Holdings posts N146.1 billion pre-tax profit in Q2 2024, reports N412...
Access Holdings Plc, Nigeria’s largest bank by total assets reported a pre-tax profit of N146.1 billion in the second quarter of 2024. The post Access Holdings posts N146.1 billion pre-tax profit in Q2...
View ArticleMicrostrategy buys additional $458 million worth of Bitcoin, now holds...
Michael Saylor’s Microstrategy has ramped up its stash of Bitcoin assets by purchasing an additional 7,420 Bitcoin worth $458 million. The post Microstrategy buys additional $458 million worth of...
View ArticleMan ordered to pay $36 million by California judge over multimillion Crypto...
William Koo Ichioka has been ordered by Judge Vince Chhabria of the U.S. District Court for the Northern District of California to pay $36 million to his clients and victims after been accused of...
View ArticleInvestors sell off Nigerian bonds over good governance concerns amid high...
Nigerian bonds faced selloffs in the second quarter of 2024, as investors increasingly prioritized good governance over high yields. The post Investors sell off Nigerian bonds over good governance...
View ArticleWeekly Market Report: Nigerian stock market closes on a positive note with...
The Nigerian stock market closed the third week of September on a positive note, with the All-Share Index (ASI) rising by 0.81% as it inches closer to the 100,000-point milestone. The post Weekly...
View ArticleNaira loses over half of its value in Cardoso’s one year in office
The Naira has lost over half of its value in one year since Yemi Cardoso assumed office as the Governor of the Central Bank of Nigeria (CBN). The post Naira loses over half of its value in Cardoso’s...
View ArticleWhy Gold’s outlook is still bright in 2024/25
Gold is enjoying a great outlook, this article explores the reason behind this continuous achievement. The post Why Gold’s outlook is still bright in 2024/25 appeared first on Nairametrics.
View ArticleRipple Co-Founder Chris Larsen transfers 20 million XRP sparking sell-off...
The Co-founder of Ripple and one of the largest holders of XRP Chris Larsen has sparked sell-off speculation by transferring 20 million XRP assets in less than 48 hours. The post Ripple Co-Founder...
View ArticleBNB coin surged by 17.6% following Changpeng Zhao’s release slated for Sept 29
Binance coin (BNB), the native token of Binance has surged by 17.6% in the last days following the proposed release of its founder and EX CEO Changpeng Zhao slated for September 29. The post BNB coin...
View ArticleForex volatility remains major constrain to our operations- MAN
The Manufacturers Association of Nigeria (MAN), Cross River and Akwa Ibom branch, has highlighted foreign exchange market volatility as a major threat to its operations. The post Forex volatility...
View ArticleNigerians Lament poor Hamster Kombat allocation ahead of September 26 airdrop
Hamster Kombat, the biggest play to earn Web 3 project at the moment carried out its token allocation to its miners over the weekend. The post Nigerians Lament poor Hamster Kombat allocation ahead of...
View ArticleNaira depreciates to N1,562.66 at the I&E window as market turnover declines
The exchange rate between the Nigerian naira and the US dollar depreciated to N1,562.66 at the official Investor and Exporter (I&E) window on Monday, September 23, 2024. The post Naira...
View ArticleCoinbase and the US SEC clash over crypto regulation, makes court appearance...
Coinbase, a leading crypto exchange in the global and United States market has clashed with the US Security and Exchange Commission over the lack of a clear crypto regulatory framework in the country....
View ArticleKamala Harris makes first Pro Crypto statement in Public signaling shift in...
Kamala Harris the flagbearer of the Democratic Party in the upcoming United States elections has made her first public statement in support of the crypto industry signaling a shift from the Anti Crypto...
View ArticleNigerian stock market climbs by 0.18% as banking stocks shine
The Nigerian All-Share Index (ASI) continued its positive trend on Tuesday, closing up +181.99 points at 98,568.59, marking a 0.18% increase from the previous close. Banking stocks, particularly FBNH...
View ArticleRocky Rabbit Airdrop comes to an end, team rolls out a new game
Rocky Rabbit Airdrop event which was launched on September 23 has come to an end with the team behind the project rolling out a new set of games. The post Rocky Rabbit Airdrop comes to an end, team...
View ArticleExcelsior request to buy out Flour Mills’ minority shareholders, fuelling...
Flour Mills of Nigeria has announced that its majority shareholder, Excelsior Shipping Company Limited, has offered to acquire all shares held by minority shareholders. The post Excelsior request to...
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