Trader loses $19 Million in leveraged market, Bitcoin dips below $100K
Traders in the crypto leveraged market posted heavy losses in the aftermath of Bitcoin’s sudden fall below the psychological $100K support line. The post Trader loses $19 Million in leveraged market,...
View ArticleConsolidated Hallmark shares surge 20% five days into December following...
Shares of Consolidated Hallmark Insurance Limited have climbed more than 20% week-to-date five days into December, bringing year-to-date performance to 67%. The post Consolidated Hallmark shares surge...
View ArticleCrypto intelligence firm analyze future Bitcoin price based on its new...
In the early hours of Thursday, Bitcoin crossed the much anticipated $100,000 price mark hitting a new all-time high. The post Crypto intelligence firm analyze future Bitcoin price based on its new...
View ArticleGeregu Power PLC wins “Most Compliant Listed Company” at 2024 Made of Africa...
Geregu Power PLC has been named the “Most Compliant Listed Company” at the 2024 Made of Africa Awards, a recognition for adherence to corporate governance and regulatory standards. The post Geregu...
View ArticleMarket Wrap: All-Share Index rises with 1 billion in trading volume as...
The Nigerian All-Share Index (ASI) closed on a positive note on December 6, 2024, advancing by 96.64 points to settle at 98,210.75. The post Market Wrap: All-Share Index rises with 1 billion in trading...
View ArticleNaira gains rapidly against the dollar as sellers struggle to find buyers
The exchange rate between the naira and the dollar continued its rapid appreciation on the official EFEM market, closing at N1,535/$1 on Friday, December 6, 2024. This marks a significant milestone, as...
View ArticleWeekly Market Wrap: Nigerian stock market gains 0.72% as All-Share Index eyes...
The Nigerian stock market concluded the trading week ending December 6, 2024, on a buoyant note, as the All-Share Index (ASI) surged by 703.88 points, settling at 98,210.75. The post Weekly Market...
View ArticleNaira trades below N2,000 against the British Pound for the first time since...
The naira broke below the N2,000 barrier for the first time in five months amid ongoing reforms in Nigeria's currency market. The post Naira trades below N2,000 against the British Pound for the first...
View ArticleSkybridge Capital founder says Bitcoin remains volatile despite hitting...
Anthony Scaramucci, the founder of Skybridge Capital, has shared fresh insights on Bitcoin as an asset class, focusing on its volatility despite its price surge. The post Skybridge Capital founder...
View ArticleNaira gains N126/$ in less than a week amid CBN’S Reforms in Nigerian FX Market
The Nigerian naira broke key resistance levels at the Nigerian Autonomous Foreign Exchange Market as the Central Bank of Nigeria implemented the new Electronic Foreign Exchange Matching System this...
View ArticleBaby Doge coin surges by 75% following Elon Musk’s subliminal tweet
Baby Dogecoin a younger member of the Dogecoin memecoin family has surged by over 75% following a new suggestive tweet by Elon Musk perceived as an endorsement of the memecoin by the Billionaire. The...
View ArticleForex market: BDC operators warn that speculators will resist naira appreciation
Currency traders under the aegis of the Association of Bureau De Change Operators of Nigeria (ABCON) have warned that forex speculators will resist the rapid appreciation of the naira to cover their...
View ArticleNew SEC framework to boost cryptocurrency investment in Nigeria – Buchi Okoro
Speaking in an interview with Nairametrics, Okoro said that the introduction of the SEC’s structured licensing framework in 2024 represents a watershed moment for the industry. The post New SEC...
View ArticleNaira hits back on Euro at black market, sells for N1,690/€
The Nigerian currency posted strong gains against the European currency at the parallel market on the weekly spectrum amid ongoing reforms in Nigeria’s foreign exchange market and political uncertainty...
View ArticleMichael Saylor of Microstrategy urges the US to sell Gold and buy Bitcoin...
The Chairman of Microstrategy and the foremost Bitcoin voice has urged the United States to consider selling its gold and acquiring Bitcoin. The post Michael Saylor of Microstrategy urges the US to...
View ArticleTop 6 crypto assets set to surge in the 2025 Bull run
Given the upcoming bull run predicted to intensify following Donald Trump’s inauguration. Here are 6 crypto assets that are likely to perform highly by 2025. The post Top 6 crypto assets set to surge...
View ArticleBetaglas shares climb 15% in early December amid strong glassware and bottle...
Shares of Betaglas, a leading glassware company, have climbed over 15% month-to-date, bringing its total growth for November and December to 27%, with the stock currently priced at N57. The post...
View ArticleMarket Wrap: GOLDBREW and NGXGROUP lead gainers with 10% surge as NSLTECH...
The Nigerian All-Share Index (ASI) closed on a negative note on December 9, 2024, declining by 103.23 points to settle at 98,107.52, reflecting a modest 0.11% decrease. The post Market Wrap: GOLDBREW...
View ArticleEllah Lakes shareholders approve debt conversion to equity, raise share...
Ellah Lakes, at its Annual General Meeting (AGM) held on December 5, 2024, in Victoria Island, Lagos, Nigeria, received approval from shareholders for the conversion of the company’s outstanding debt...
View ArticleNaira loses steam, drops against the dollar at parallel market as speculators...
The naira crashed to N1640/$1 at the parallel market at the close of business on Monday, December 9, 2024, ending four consecutive days of exchange rate appreciation since the Central Bank of Nigeria...
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