What is Polymarket and how did it become the biggest predictor of the US...
The run-up to the United States elections slated for Tomorrow November 5 has been rife with many polls predicting the outcome of the elections. The post What is Polymarket and how did it become the...
View ArticleTraders reduce U.S. Dollar exposure as Kamala Harris’ prospects brighten
The U.S. dollar fell in the first trading session of the week as currency traders pulled out of "Trump trades" that had benefited in recent weeks from speculation that former Republican President...
View ArticleOando Plc reports N45.5 billion in pre-tax profits, as Supply and Trading...
Oando Plc has released its unaudited financial result for the first half of the year recording a pre-tax loss of N281.03 billion. The post Oando Plc reports N45.5 billion in pre-tax profits, as...
View ArticleMemecoins market capitalization surges to $62.3 billion ahead of US elections
The memecoin category of cryptocurrencies is currently experiencing a strong surge in price levels going into the United States election day. The post Memecoins market capitalization surges to $62.3...
View ArticleAnthony Scaramucci predicts Bitcoin to go higher regardless of the outcome of...
Anthony Scaramucci a trusted crypto voice, founder of Skybridge Capital, and a former Communication director at the White House has stated that Bitcoin is bound to surge in price level regardless of...
View ArticleExperts weigh in on the dangers of unregulated P2P trading in Nigeria
On the 28th of February, the Nigerian crypto community was shocked by the news that Binance, the World’s leading cryptocurrency exchange was delisting the Naira Peer to Peer option on its platform. The...
View ArticleAccess Holdings reports N209.2 billion profit for the third quarter, with...
Access Holdings PLC has released its financial results for the third quarter of 2024, recording a pre-tax profit of N209.2 billion, a 65.01% increase from N126.8 billion in the same period last year....
View ArticleConoil Plc amends Q3 2024 financials blames “system-related errors and power...
Conoil Plc has amended its third-quarter 2024 financial report following the discovery of system-related errors attributed to power challenges, which resulted in the duplication of some transactions....
View ArticleNet forex inflow into Nigeria increases by $17 billion in Q2 2024
Nigeria recorded a significant increase in its net foreign exchange (forex) inflows in the second quarter of 2024, marking a notable improvement in the nation’s forex dynamics amidst ongoing currency...
View ArticleNigeria posts $5.14 billion in Current Account Surplus, bolstering forex...
Nigeria recorded a current account surplus of $5.14 billion, or 11.46% of GDP, in Q2 2024, representing a significant improvement from the $3.38 billion (7.35% of GDP) surplus reported in the previous...
View ArticleTrump’s Presidency: Naira faces more headwinds as U.S. Dollar rallies strongly
The naira faces more headwinds as the safe-haven currency rallied strongly amid rising odds of Donald Trump’s return to the U.S. presidency. The post Trump’s Presidency: Naira faces more headwinds as...
View ArticleInvestors prefer longer-term government securities amid inflation concerns –...
The Central Bank of Nigeria (CBN) has reported a noticeable increase in investor demand for longer-tenured government securities. The post Investors prefer longer-term government securities amid...
View ArticleAXA Mansard reports N34.4 billion pre-tax profit for 9-month period,...
AXA Mansard Insurance Plc has reported a pre-tax profit of N34.4 billion for the nine-month period ending September 30, 2024, according to its latest financial report. The post AXA Mansard reports...
View ArticleBitcoin hits $75,000 smashing all-time high as Donald Trump leads in the polls
Bitcoin, the flagship cryptocurrency, has finally reached its all-time high of $73,737, touching $75,000, as Donald Trump leads in the exit polls. The post Bitcoin hits $75,000 smashing all-time high...
View ArticleHamster Kombat loses nearly 260 million players in 3 months
Hamster Kombat, the once touted biggest crypto project in history has become a shadow of itself losing nearly 260 million players in the space of three months. The post Hamster Kombat loses nearly...
View ArticleShort sellers lose over $557 Million as Bitcoin hits an all-time high
Over the past 24 hours, the cryptocurrency market became unfriendly to short sellers, with 124,686 traders losing $557.42 million. The post Short sellers lose over $557 Million as Bitcoin hits an...
View ArticleExchange rate falls to record low of N1,681/$1 on official market
The naira slipped to an all-time low of N1681 per dollar at the official Investor and Exporter (I&E) window on Tuesday, November 6, 2024, according to data from the FMDQ Exchange. The post...
View ArticleWhat Donald Trump’s second Presidency means for Nigerian economy
We analyze what it could mean for the Nigerian economy with focs on Exchange Rate, Interest Rate, Inflation, Immigration, Geopolitical, and foreign aid. The post What Donald Trump’s second Presidency...
View ArticleMarket Wrap: EUNISELL tops gainers as Nigerian All-Share Index sheds 556.37...
The Nigerian All-Share Index (ASI) ended the day on a bearish note, retreating by 556.37 points to close at 96,567.24. The post Market Wrap: EUNISELL tops gainers as Nigerian All-Share Index sheds...
View ArticleBitcoin surpasses $76,000 in new record high as Trump’s win rally continues
Bitcoin, the flagship cryptocurrency, continues its upward surge, surpassing $76,000 for the first time ever. The post Bitcoin surpasses $76,000 in new record high as Trump’s win rally continues...
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