Nigeria raises $2.2 billion from latest Eurobond auction
Nigeria has raised $2.2 billion through its latest Eurobond auction, marking a pivotal moment in the country’s ongoing efforts to address its growing fiscal deficit. The post Nigeria raises $2.2...
View ArticleMarket Wrap: LAFARGE soars as All-Share Index gains 226.99 points, ETRANZACT...
The Nigerian All-Share Index (ASI) concluded the trading session on December 2, 2024, with a strong rise, advancing by 226.99 points to settle at 97,733.86. This marked an encouraging gain of 0.23%,...
View ArticleTop 3 Altcoins that surged by over 20% in the last 7 days
Altcoins are currently outperforming other crypto assets in the market surging by double digits and contributing greatly to the inflow of funds into the crypto sector. The post Top 3 Altcoins that...
View ArticleAnalysts criticize US government for selling $1.9 billion BTC, call it a big...
Crypto Analysts, Founders, and observers have all called out the US government for transferring $1.9 billion BTC to Coinbase Exchange on Monday. The post Analysts criticize US government for selling...
View ArticlePenCom lifts suspension on PFA’s investment in commercial papers in Nigeria
The National Pension Commission (PenCom) has lifted its suspension on investments in commercial papers by Licensed Pension Fund Administrators (LPFAs) where non-bank capital market operators act as...
View ArticleWhat is Hyperliquid, the network behind a $1.2 billion airdrop
Hyperliquid is a perpetual future trading decentralized finance protocol that operates on a layer 1 blockchain using a proof-of-stake consensus mechanism. The post What is Hyperliquid, the network...
View ArticleNaira muted in Black Market despite successful NGN Eurobond Issuance
The Nigerian currency was largely muted in the unofficial market on Wednesday, oscillating around N1,750/$ despite improved fundamentals in the country’s foreign exchange market. The post Naira muted...
View ArticleFCMB reports 63% pre-tax profit growth for third quarter, amid surge in fees...
FCMB Group Plc has announced a pre-tax profit of N27.6 billion for the third quarter of 2024, up from N16.9 billion in the same period last year. The post FCMB reports 63% pre-tax profit growth for...
View ArticleOnly 15% of players now engage in Tap to Earn crypto games Daily — Report
In the middle of this year, Nigerian youths and a handful of elders were locked in a tapping frenzy, However, a November 8 report carried out by Chainplay, a leading curator of Blockchain and NFT games...
View ArticleXRP 4X bigger than Nigeria’s stock market
XRP continued its upward trajectory this month despite a recent market correction, putting the token's market valuation at 3X larger than Nigeria's major stock market. The post XRP 4X bigger than...
View ArticleSouth Korean martial law pushes crypto trading volume to record $34 billion
South Korea’s martial law which lasted for six hours created panic in the crypto market pushing trading volumes in the country to a record $34 billion. The post South Korean martial law pushes crypto...
View ArticleNew CBN guidelines: BDC operators say buying forex from authorized dealers is...
Forex traders under the aegis of the Association of Bureau De Change Operators of Nigeria (ABCON) say the permission of BDCs to purchase foreign exchange directly from authorized dealers by the Central...
View ArticleHydra Darknet Founder sentenced to life imprisonment for running $5 billion...
The mastermind behind one of the largest and most sophisticated black-market operations in the industry has been handed a life sentence by a Russian court. The post Hydra Darknet Founder sentenced to...
View ArticleNigeria’s treasury bills are the safe bet for investment in 2025 – Egie Akpata
Nigeria’s treasury bills are poised to be an attractive investment option for Nigerians in 2025, offering over 30% returns in one year present a low-risk investment option. The post Nigeria’s treasury...
View ArticleNaira appreciates to N1,640 from N1,730 at parallel market as supply...
The naira recorded a huge gain against the US dollar at the parallel market, hitting N1640/$1, at the close of business on Wednesday, December 4, 2024. The post Naira appreciates to N1,640 from N1,730...
View ArticleMarket Wrap: All-Share Index climbs 472.43 points to 98,174.99 as GOLDBREW...
The Nigerian All-Share Index (ASI) wrapped up trading on a positive note on December 4, 2024, climbing by 472.43 points to reach a robust 98,174.99—surpassing the crucial 98,000 mark. The post Market...
View ArticleBitcoin records new all-time high surpassing highly anticipated $100,000 mark
Bitcoin the flagship cryptocurrency has finally crossed the $100,000 mark putting an end to a full month's wait. The post Bitcoin records new all-time high surpassing highly anticipated $100,000 mark...
View ArticleTop 5 high utility apps used for daily crypto transactions in Nigeria
Nigeria has the highest rate of crypto adoption in Africa and the second largest in the world. The post Top 5 high utility apps used for daily crypto transactions in Nigeria appeared first on...
View ArticleNaira gains for the third straight day against dollar in new EFEM window
The exchange rate between the naira and dollar appreciated yet again on the official EFEM market closing at N1,567/$1 on Thursday December 5, 2024. The post Naira gains for the third straight day...
View ArticleMarket Wrap: UPL leads gainers with 10% surge as All-Share Index dips,...
The Nigerian All-Share Index (ASI) wrapped up trading on December 5, 2024, on a slightly negative note, retreating by 60.88 points to close at 98,114.11. The post Market Wrap: UPL leads gainers with...
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