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Seplat Energy releases prospectus for Mobil acquisition, targets $1.45...

Seplat Energy Plc has announced the release of its prospectus for the acquisition of Mobil Producing Nigeria Unlimited (MPNU).  The post Seplat Energy releases prospectus for Mobil acquisition, targets...

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Investors rake in N1 trillion from FUGAZ investments in 2024 

The FUGAZ banks; First Bank, UBA, Guaranty Trust Holding Company (GTCO), Access Bank, and Zenith Bank have continued to create wealth and add value to investors.  The post Investors rake in N1 trillion...

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$LUIGI Memecoin inspired by the alleged killer of American CEO hits $60...

$Luigi, a memecoin inspired by Luigi Mangione, the alleged killer of Brian an American CEO has hit a market capitalization of $60 million barely two days after its launch.   The post $LUIGI Memecoin...

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 5 high utility crypto tokens used by Nigerians daily  

This article features the  5 high utility crypto tokens used by Nigerians daily   The post  5 high utility crypto tokens used by Nigerians daily   appeared first on Nairametrics.

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TRON maintains 47.3% surge, projected to hit $0.46 by 2025  

Tron, a network famous for its utility as a payment facilitator hit a new all-time high on December 3 2024 exchanging hands for 0.4407 USDT. The post TRON maintains 47.3% surge, projected to hit $0.46...

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Market Wrap: All-Share Index up 0.10% as GOLDBREW leads gainers, JOHNHOLT...

The Nigerian All-Share Index (ASI) concluded trading on December 10 with a positive performance, gaining 99.45 points to close at 98,206.97, reflecting a slight increase of 0.1%.   The post Market...

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Dangote Sugar launches Series 6 and 7 commercial papers, targets N50 billion...

Dangote Sugar Refinery has unveiled its Series 6 and 7 commercial paper offerings, seeking to raise up to N50 billion from the debt market.   The post Dangote Sugar launches Series 6 and 7 commercial...

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Forex crisis: “You can only operate between 8am and 6pm”– ABCON to BDC operators

The Association of Bureau De Change Operators of Nigeria (ABCON) has directed its members to strictly operate within the business hours of 8 am to 6 pm or face disciplinary actions. The post Forex...

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Naira falls again to N1,685/$1 at the parallel market as volatility persists

The naira depreciated further at the parallel market to close at N1685/$1 at the end of business on Tuesday, December 10, 2024 with the exchange rate falling for the second time since the Central Bank...

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56 stocks outperform ASI year-to-date in November 

As of November 30, 56 stocks listed on the Nigerian Exchange (NGX) outperformed the All-Share Index (ASI) year-to-date (YTD), according to Nairametrics Research.   The post 56 stocks outperform ASI...

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President Tinubu embraced Crypto long before Donald Trump — Agama  

The Director General of the Nigerian Securities and Exchange Commission, Emomotimi Agama has stated that Nigerian president, Bola Ahmed Tinubu endorsed the cryptocurrency industry long before Donald...

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Naira plummets to N1,745/$1, traders blame speculators

The exchange rate between the naira and dollar slid back to around N1,745/$1 on the parallel market a sharp reversal from the sub N1,600 levels recorded at the end of last week. The post Naira plummets...

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Access Holdings unveils first fully owned Malta subsidiary, targets...

Access Holdings Plc has announced that its banking subsidiary, Access Bank UK Limited, has established its first fully owned subsidiary in Malta.  The post Access Holdings unveils first fully owned...

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3 US companies spend $3.26 billion buying Bitcoin in first week of December 

Three Top US companies heavily involved in Bitcoin acquisition doled out a collective $3.26 billion to increase their bitcoin holding in the first week of December.  The post 3 US companies spend $3.26...

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Microstrategy acquires fresh 21,550 BTC worth $2.1 Billion  

Microstrategy, the largest corporate holder of Bitcoin, added to its stash by buying an additional 21,550 BTC worth 2.1 billion USDT from Dec 2 to 8 at an average price of 98,783 USDT per BTC.  The...

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Nigerian All-Share Index gains as market capitalization hits N59.7 trillion,...

The Nigerian All-Share Index (ASI) concluded trading on December 11, 2024, with a positive performance, gaining 302.71 points to close at 98,509.68, reflecting an increase of 0.31%.  The post Nigerian...

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Aradel Holdings to acquire 5.14% minority stake in Chappal Energies Mauritius...

Aradel Holdings has announced plans to acquire a 5.14% stake in Chappal Energies Mauritius Limited, a company investing in high-value and established upstream energy projects across Africa.  The post...

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Aradel: From NASD dominance to NGX triumph

Aradel Holdings Plc, formerly Niger Delta Exploration & Production Company (NDEP), has undergone a remarkable transformation, evolving from a dominant OTC player to a key contender on the Nigerian...

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Naira’s exchange rate between official and black market widens again

The Central Bank of Nigeria’s unification of the official and parallel foreign exchange market rates is proving unsuccessful, as shown by the market spectrum. The post Naira’s exchange rate between...

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PNUT memecoin surges by 13.7% following Coinbase listing  

Peanut the Squirrel (PNUT), a memecoin that shot to fame during the United States election campaign period has grown by 13.7% following a listing by a leading crypto exchange in the industry.  The post...

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