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XRP sinks to $1.10 after three-year highs, whales take profit

XRP faced strong selling pressure after reaching a three-year high of $1.26, amid profit-taking. The post XRP sinks to $1.10 after three-year highs, whales take profit appeared first on Nairametrics.

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Top 3 Altcoins with over 100% surge in price last week 

The crypto market has been quite eventful this November experiencing a strong Bullish run which is a result of many factors. The post Top 3 Altcoins with over 100% surge in price last week  appeared...

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Nigerian Crypto industry endorses bill proposal to jail Ponzi operators  

The Nigerian cryptocurrency industry has applauded a fresh proposal to clamp down heavily on operators of Ponzi schemes and other illicit activities in the country.   The post Nigerian Crypto industry...

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Crypto whale rakes in $180 million after holding BTC for 14  years  

A crypto whale has shocked the global crypto market by awakening from a 14-year snooze to cash in on its long-term BTC holdings. The post Crypto whale rakes in $180 million after holding BTC for 14...

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MTN Nigeria raises N75.18 billion in oversubscribed commercial paper issuance 

MTN Nigeria Communications PLC has formally notified the Nigerian Exchange (NGX) and the investing public of the successful completion of its Series 11 and Series 12 commercial paper issuances, raising...

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Market Wrap: JOHNHOLT tops gainers as ASI edges up 0.03%; MECURE, TIP drag...

The Nigerian All-Share Index (ASI) kicked off the week on a positive trajectory, edging higher by 24.99 points to conclude Monday’s trading session in the green. The post Market Wrap: JOHNHOLT tops...

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Microstrategy acquires fresh 51,780 BTC worth $4.6 billion  

Microstrategy, the largest corporate holder of Bitcoin, has acquired a fresh batch of 51,780 BTC taking its total BTC holding to a networth of nearly $30 billion.   The post Microstrategy acquires...

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FBI investigates $5 million romance scam schemes

The Federal Bureau of Investigation (FBI) is investigating a ring of crypto romance scammers behind up to $5 million in scams through fraudulent investment schemes.   The post FBI investigates $5...

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Top 5 apps to convert your gift cards to Naira  

Asides the use of crypto and stablecoins to facilitate transactions in Nigeria, another fast-rising means of payment in Nigeria and Africa as a whole is the use of gift cards. The post Top 5 apps to...

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Lafarge Africa shares surge over 31% in November following strong...

Shares of Lafarge Africa have surged by over 31% month-to-date as of the market opening on November 19, 2024, driving its year-to-date performance to over 60%. The post Lafarge Africa shares surge over...

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Market Wrap: UNILEVER and WAPCO shine as All-Share Index gains 0.23%; PZ, TIP...

The Nigerian All-Share Index (ASI) ended the trading session on Tuesday, November 19th, with a bullish stride, climbing 225.06 points to close the day in positive territory.   The post Market Wrap:...

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Naira gasps for breath on the black market, trading at N1,750/$

The Naira faced more headwinds in the unofficial market amid high demand for the dollar and a widening supply gap. The post Naira gasps for breath on the black market, trading at N1,750/$ appeared...

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Three African countries with legal status for cryptocurrency  

Cryptocurrency adoption in Africa has been increasing with the continent housing some countries that made the top 5 list of countries with highest crypto adoption in the world.   The post Three African...

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Bitcoin hits $94,000, sets a new all-time high 

Bitcoin, the flagship cryptocurrency smashed a new all-time high touching $94,000 yesterday evening. The primary crypto asset continues to surge following the bull run currently sweeping through the...

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 Popular Youtuber Logan Paul accused of earning $120,000 from misleading...

Logan Paul, a popular American YouTuber and brother to Jake Paul, the boxer who just defeated Mike Tyson has been accused of using his massive audience to profit off shady crypto deals.   The post...

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Cocoa futures rise 16% in November, surpassing 100% year-to-date gains amid...

Cocoa futures have surged by over 16% month-to-date in November, making it the best-performing commodity with a market volume of 6,800 units traded so far.  The post Cocoa futures rise 16% in November,...

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Conoil declares N3.50 dividend at Annual General Meeting, adopts other...

Conoil Plc has announced a dividend of N3.50k (three naira fifty kobo) per share from its 2023 profits, payable to shareholders recorded in the company’s books by November 18, 2024.  The post Conoil...

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Market Wrap: AUSTINLAZ and WAPCO lead gains as All-Share Index rises by...

The Nigerian All-Share Index (ASI) ended the trading day on November 20, 2024, with a 255.17-point gain, marking its fourth consecutive day of growth and closing at 98,227.50.  The post Market Wrap:...

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Naira within striking range of N2,200 against the British Pound

The naira broke through the N2,180 barrier and began Thursday's session at the lower end of its range against the British pound sterling. The post Naira within striking range of N2,200 against the...

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Trader turns $865 to $6.4 million trading Chill Guy meme coin  

A savvy crypto trader has turned an initial investment of $865 into $6.4 million trading Chill Guy meme coin which soared by 511% in the last 24 hours.   The post Trader turns $865 to $6.4 million...

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