CBN’s rate hike, Trump’s tariffs unchanged Naira’s fortune in the black market
The Nigerian currency showed strength in the official currency market but remained lukewarm in the black market following the CBN’s interest rate hike. The post CBN’s rate hike, Trump’s tariffs...
View ArticleDOGE listed on Swedish Stock Exchange
Investors now have more access to Dogecoin in Sweden's stock exchange amid the introduction of an exchange-traded product on Tuesday, announced by Valour, a division of the Canadian cryptocurrency...
View ArticleSolana’s Pump.fun faces heavy backlash as memecoin creation turns into a...
Solana’s memecoin generator Pump.fun has been in the news for all the wrong reasons lately as a growing percentage of the global crypto community calling for the platform to be shut down. The post...
View ArticleTron Founder joins Trump-backed crypto project after investing $30 million in...
Justin Sun, the founder of the Tron Blockchain has joined the World Liberty Financial project as an advisor after investing $30 million into the project. The post Tron Founder joins Trump-backed...
View ArticleChangpeng Zhao knocks Memecoins, calls for more Utility Blockchain...
Changpeng Zhao the Ex CEO and founder of Binance has subtly knocked the concept of memecoins calling for more real applications backed by Blockchain technology. The post Changpeng Zhao knocks...
View ArticleMarket Wrap: All-Share Index sheds 0.35% as SUNUASSUR tops gainers and HMCALL...
The Nigerian All-Share Index (ASI) closed the trading session on November 27, 2024, in the red, shedding 343.31 points to settle at 97,296.57—a dip of 0.35%. The post Market Wrap: All-Share Index sheds...
View ArticleAccess Bank completes acquisition of Standard Chartered’s Angola and Sierra...
Access Holdings PLC has announced that its main subsidiary, Access Bank Plc, has successfully completed the acquisition of Standard Chartered Bank Angola S.A. and Standard Chartered Bank (Sierra Leone)...
View ArticleTelegram wins big on crypto bet, pulls in $225 million in one partner deal
Telegram’s decision to pivot into the world of cryptocurrency and blockchain services seems to be paying off as the app continues to rake in profits from crypto deals and activities of its very own...
View ArticleStock market attracts N502 billion inflow in October, but foreign investors...
The Nigerian Exchange (NGX) recorded a total transaction value of N502.73 billion (approximately $300.05 million) for domestic and foreign portfolio investments in October 2024. The post Stock market...
View ArticleDomestic & foreign portfolio participation in equity trading increased by 1.97%
The Nigerian equities market saw a 1.97% rise in total domestic and foreign participation in equity trading, reaching ₦502.73 billion in October 2024, according to a report by the Nigerian Exchange...
View ArticleTop 10 performing stockbrokers in Nigeria by value of transactions in Q3 2024
On September 30, 2024, the Nigerian Exchange Group (NGX) released a report showcasing the top-performing stockbrokers in Nigeria for the third quarter of 2024, ranking them based on both the volume and...
View ArticleChill guy memecoin slump by 14.4% as largest holders start taking profits
The Chill Guy memecoin which shot to the limelight after surging by over 511% a few weeks ago is currently facing a risk of price slump as data shows its largest holders are all taking profit. The...
View ArticleBitcoin price rebounds to $94,941 after Tornado Cash victory in court
Bitcoin, the flagship cryptocurrency has rebounded from its recent slump following a major win secured by Crypto mixer Tornado Cash in the courts. The post Bitcoin price rebounds to $94,941 after...
View ArticleMarket Wrap: All-Share Index gains 487.24 points as VITAFOAM leads gainers,...
The Nigerian All-Share Index (ASI) closed on a positive note on November 28, 2024, rising by 487.24 points to settle at 97,783.81, reflecting a modest gain of 0.5% and signalling a subtle but steady...
View ArticleDaily average forex turnover on FMDQ hits year high $294 million in November
Daily average forex turnover on the FMDQ platform for the month of November has reached $294 million, making it the highest recorded so far this year. The post Daily average forex turnover on FMDQ hits...
View ArticleFugitive founder of One Coin behind $4 billion crypto scam could be in Russia
Ruja Ignatova, the fugitive founder behind the One Coin crypto project that fleeced investors of $4 billion is reportedly in Russia according to fresh reports. The post Fugitive founder of One Coin...
View ArticleTop 3 crypto Presales to watch out for in December 2024
Presales create an avenue for smart crypto enthusiasts to jump on a project and buy its native token before its listing. The post Top 3 crypto Presales to watch out for in December 2024 appeared...
View ArticleMara Holdings buys the dip, acquires fresh 6,474 BTC valued at $615 million
Leading Bitcoin mining company Mara Holdings increased its Bitcoin portfolio by buying an additional 6,674 BTC. The new Bitcoin acquisition by the company is valued at $615 million at an average price...
View ArticleAnalysis: As Nigeria’s trade shifts East, do we still need the US Dollar?
A review of Nigeria’s trading partners over the past decade shows that in recent times, specific to Imports, the proportion of goods being imported has shifted from the western countries to the east of...
View ArticleJustin Sun eats Banana art he bought for $6.3 million
Tron blockchain founder Justin Sun has consumed the Banana art he acquired for a whopping $6.3 million. The Crypto billionaire promised to eat the fruit which made up a $6.3 million artwork he...
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