Top 4 crypto platforms focused on payment processing in Africa
The African crypto scene is well recognized and has attracted lots of investors and founders both local and foreign. Nigeria in West Africa has the highest rate of crypto adoption in the continent and...
View ArticleUS Bitcoin mining firm buys $1.1 billion worth of BTC as buying spree...
Marathon Digital Holdings (MARA) a leading Bitcoin mining firm in the United States recently purchased 11,774 Bitcoin for around $1.1 billion. The post US Bitcoin mining firm buys $1.1 billion worth...
View ArticleNigerian All-Share Index gains 250 points as TANTALIZER tops gainers,...
The Nigerian All-Share Index (ASI) concluded trading on December 12, 2024, with a notable positive performance, gaining 250.91 points to settle at 98,760.59, reflecting a 0.25% increase. The post...
View ArticleAfrica Prudential’s shares surge over 40% month-to-date after strong Q3...
Shares of Africa Prudential, a top registrar, have surged by over 40% month-to-date, bringing its year-to-date performance to over 90%. The post Africa Prudential’s shares surge over 40% month-to-date...
View ArticleNigeria’s money supply falls to N107.66 trillion, second decline in 2024
Nigeria’s money supply (M3) dropped to N107.66 trillion in October 2024, reflecting a 1.6% month-on-month (MoM) decrease from N109.41 trillion in September 2024. The post Nigeria’s money supply falls...
View ArticleDangote Sugar’s debt, FX, and losses: What is the way out?
Dangote Sugar Refinery Plc has seen contrasting fortunes over the past two years. The post Dangote Sugar’s debt, FX, and losses: What is the way out? appeared first on Nairametrics.
View ArticleAll-Share Index surges past N60 trillion market cap as CAVERTON dominates...
The Nigerian All-Share Index (ASI) delivered an impressive performance on December 13, 2024, surging by 617.69 points to close at 99,378.28—a 0.63% gain. The post All-Share Index surges past N60...
View ArticleTop 3 crypto presales to follow for cheap tokens this December
Crypto presales are a perfect way to get involved in a Web 3 project from its onset extracting maximum value and full opportunities. In most presale campaigns the native crypto asset of the project is...
View ArticleBlackrock analysts want allocation of 2% of portfolios to Bitcoin
Analysts from Blackrock, one of the world’s largest asset managers have suggested that 1% to 2% of portfolios should be allocated to Bitcoin. The post Blackrock analysts want allocation of 2% of...
View ArticleWeekly Market Wrap: Nigerian stock market gains 1.19% as All-Share Index...
The Nigerian stock market wrapped up the trading week ending December 13, 2024, with a stellar performance, as the All-Share Index (ASI) recorded an impressive gain of 1,167.31 points to close at...
View ArticleMTN Nigeria raises N72.1 billion in Series 13 and 14 commercial paper...
MTN Nigeria Communications PLC has announced to shareholders and the Nigerian Exchange (NGX) the successful completion of its Series 13 and 14 Commercial Paper (CP) issuance, raising N72.18 billion....
View ArticleWild Week for Naira as Exchange Rate Rebounds to N1,660/$1 at parallel market
The naira had a turbulent trading week as the exchange rate to the dollar experienced sharp fluctuations in both official and parallel markets. The post Wild Week for Naira as Exchange Rate Rebounds to...
View ArticleGolden Guinea Breweries stock jumps over 40% in a week, amid major 2024 wins
Shares of the indigenous company, Golden Guinea Breweries Plc, have surged by over 40% week-to-date on the Nigerian Exchange, following an impressive streak of nine positive trading days. The post...
View ArticleNigeria leads worldwide in Crypto ownership
Nigeria leads the world in crypto ownership, according to ConsenSys' second annual Global Survey. The post Nigeria leads worldwide in Crypto ownership appeared first on Nairametrics.
View ArticleBitcoin surges past $106,000 amid strategic reserve speculations under Trump
Bitcoin soared to a record high above $106,000 on Monday following comments from U.S. President-elect Donald Trump suggesting plans to establish a U.S. Bitcoin Strategic Reserve, akin to the nation’s...
View ArticleBinance records a $24 Billion inflow in 2024
Binance, the largest crypto exchange in the world pulled in a record $24 billion from its 250 million global user base according to data from Defilama. The post Binance records a $24 Billion inflow in...
View ArticleCurrency outside banks hit all time high N4.2 trillion as POS operators...
Nigeria’s currency outside the banking system hit an all-time high of N4.2 trillion as of October 2024, despite several policies aimed at sterilizing cash. The post Currency outside banks hit all time...
View ArticleEthereum crosses the $4000 mark for the second time in three months
Ethereum, the second largest crypto asset by market capitalization surpassed the $4000 price level for the second time in over three months today. The post Ethereum crosses the $4000 mark for the...
View ArticleFlour Mills relaunches Honeywell brand, rules out price increase in noodle...
Flour Mills of Nigeria (FMN) officially relaunched the Honeywell brand in mid-December 2024, reaffirming its commitment to delivering high-quality products and strengthening its market presence. The...
View ArticleCocoa hits record $11,839 per ton, amid pricing challenge for Chocolate...
Cocoa futures surged to a new record in New York, driven by growing supply concerns that could deepen the financial challenges already facing chocolatiers and consumers alike. The post Cocoa hits...
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