CBN sold $543.5 million FX to Nigerian banks in September to stem volatility
The Central Bank of Nigeria (CBN) announced it sold $543.5 million to authorized dealer banks between September 6 and September 30. The post CBN sold $543.5 million FX to Nigerian banks in September...
View ArticleNigerian stock market gains 0.47% as trading activity surges by 20%
The Nigerian stock market closed on a positive note on October 4, 2024, as the All-Share Index (ASI) advanced by 0.47%, adding 456.12 points to settle at 97,520.54. The post Nigerian stock market...
View ArticleNaira rises 1.69% in I&E Window as global crude prices approach $80
On October 4, 2024, the naira gained against the U.S. dollar, closing at N1,631.21 in the official Investor and Exporter (I&E) window, as global crude oil prices eye $80 per barrel. The post...
View ArticleFidelity announces N200.8 billion pre-tax profit for period ending June 30,...
Fidelity Bank PLC has announced a pre-tax profit of N200.8 billion in its recently published financial statements for the period ending June 30, 2024. This represents a significant 163%...
View ArticleDetained Binance Executive in Nigeria is a hostage, former IRS chief declares
Former Internal Revenue Service (IRS) Chief of Investigations Richard Weber has reacted to the continued detention of Tigran Gambaryan in Nigeria following a trade spat between Nigeria and Binance...
View ArticleBitcoin ETF outflow surpasses $300 million in three days
The 12 spot Bitcoin ETF has witnessed over $300 million leave the funds from Oct 1 to Oct 3 as analysts point out selling pressure and warn of key price levels. The post Bitcoin ETF outflow surpasses...
View ArticleWeekly market report: All-Share Index sheds 0.95% as large-cap stocks...
The Nigerian stock market ended the first week of October in the red, as the All-Share Index (ASI) dipped by 0.95%, surrendering some of the gains it had accumulated in previous weeks due to sell-offs...
View ArticleWeekly NFT sales surged by 10.10% to $85.9 million
The Nonfungible token (NFT) market has witnessed a 10.10% surge in the last 7 days hitting $85.9 million in sales. The post Weekly NFT sales surged by 10.10% to $85.9 million appeared first on...
View ArticleSeplat Energy reignites gains in early October, soars over 20% amid wave of...
Seplat Energy's stock gained over 20% in the first week of October, fueled by renewed bullish momentum that began in late September following a period of stagnation throughout July and August. The...
View ArticleIndian officials probe WazirX over $235 million hack
India’s largest exchange WazirX has been probed by Indian authorities over the hack that led to the loss of $235 million in customer funds on their platform. The post Indian officials probe WazirX...
View ArticleMetaplanet adds fresh $6.7 million BTC to its Bitcoin reserves
Japanese investment firm Metaplanet has added an additional $6.7 million BTC to their Bitcoin reserves taking their total Bitcoin assets to 639.50 BTC. The post Metaplanet adds fresh $6.7 million BTC...
View ArticleUS files complaints to seize $2.7 million assets stolen by North Korea’s...
The United States government has officially made a move to tackle the menace caused by the dreaded and notorious Lazarus group with strong ties to North Korea. The post US files complaints to seize...
View ArticleSiBAN blames ‘fraudulent’ meme coins creators in Nigeria for disruption in...
The group advocating for cryptocurrency recognition and regulation, Stakeholders in Blockchain Association of Nigeria (SiBAN) has blamed some individuals believed to be creators of meme coins and other...
View ArticleNigerian stock market closes positive on Monday, as ASI gains 0.19%
The Nigerian stock market ended positively on October 7, 2024, with the All-Share Index (ASI) advancing by 0.19%. The post Nigerian stock market closes positive on Monday, as ASI gains 0.19%...
View ArticleDMO launches October FGN savings bonds with up to 18.084% interest
The Federal Government of Nigeria, through the Debt Management Office (DMO), has officially opened the window for subscriptions to the Federal Government of Nigeria (FGN) savings bonds for the month of...
View ArticleNaira expected to stabilize against the dollar in the fourth quarter of 2024...
The naira is projected to stabilize against the US dollar by the end of the fourth quarter of 2024, finishing the year strongly. The post Naira expected to stabilize against the dollar in the fourth...
View ArticleX Empire Airdrop slated for October 15, Here is how to join
X Empire is a Tap-to-earn crypto project hosted on Telegram and inspired by the world’s richest man Elon Musk. The post X Empire Airdrop slated for October 15, Here is how to join appeared first on...
View ArticleCATS Airdrop goes live today, as players await TGE event
CATS a telegram-based crypto project is launching its Airdrop event today as millions of its players anticipate its Token Generation Event (TGE). The post CATS Airdrop goes live today, as players await...
View ArticleFTX cleared to repay billions to customers following bankruptcy plan approval
FTX, the collapsed crypto exchange founded by now-jailed Sam Bankman Fried has been cleared to repay its customers using up to $16.5 billion in assets recovered since the exchange collapsed. The post...
View ArticleAll-Share Index dips 0.12% despite trading surge, ends Tuesday in the red
The Nigerian stock market closed in negative territory on October 8, 2024, as the All-Share Index (ASI) slipped by 0.12%. The post All-Share Index dips 0.12% despite trading surge, ends Tuesday in...
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