Oil and gas: The best performing index in 2024 with 160% YtD gain
The Nigerian oil and gas sector emerged as the best-performing index in 2024, delivering a 160% YtD gain and outpacing its impressive 125% rise in 2023. The post Oil and gas: The best performing...
View ArticleJohn Holt Plc posts N2.5 billion profit in 2024 amid revenue surge, parent...
John Holt Plc has published its report for the financial year ending September 30, 2024, revealing a pre-tax profit of N2.5 billion. The post John Holt Plc posts N2.5 billion profit in 2024 amid...
View ArticleAnalyst knocks EU MICA laws, says Spat with Tether (USDT) spells doom for the...
Rume Ophi a renowned crypto market analyst shared his opinions on the MICA vs Tether Spat stressing that MICA’s regulatory framework is actually a nightmare for the crypto industry. The post Analyst...
View ArticleFMDQ Exchange suspends security admission services in the Nigerian commercial...
FMDQ Exchange temporarily suspended security admission Services in the Nigerian Commercial paper Market following new rules by the Nigerian Securities and Exchange Commission. The post FMDQ Exchange...
View ArticleMoney supply surges 51% YoY to N108.96 trillion amid rising debts – CBN
Nigeria’s Broad Money Supply (M2) soared by 51% year-on-year (YoY) to reach N108.96 trillion in November 2024, fueled by increasing domestic borrowings by the Federal Government, according to the...
View ArticleWhat markets are saying about gold buying in 2025
This article explores what the markets are saying about gold in 2025. The post What markets are saying about gold buying in 2025 appeared first on Nairametrics.
View ArticleTether USDT market capitalization drops by $1.4 billion as MICA activates
Tether’s U.S. dollar stablecoin experienced its sharpest decline since the FTX collapse during the sluggish crypto market of 2022. The post Tether USDT market capitalization drops by $1.4 billion as...
View ArticleFive companies that delivered over N1 trillion to investors in 2024
In 2024, the Nigerian Exchange (NGX) demonstrated resilience amidst challenging economic conditions, with the All-Share Index (ASI) posting a 37.65% year-to-date (YtD) gain. The post Five companies...
View ArticleTop 5 best-performing African stock markets in 2024
In 2024, African stock markets delivered a strong performance, with most indices across the continent experiencing significant growth. The post Top 5 best-performing African stock markets in 2024...
View ArticleMarket Wrap: All-Share Index climbs to 103,586 points; CHAMS and OMATEK top...
The Nigerian equities market continued its positive momentum on January 3, 2025, with the All-Share Index (ASI) advancing by 406.19 points to close at 103,586.33. The post Market Wrap: All-Share...
View ArticleUnited States likely to buy up to 400,000 BTC in 2025 — Devere Group CEO
The United States could potentially acquire up to 400,000 Bitcoins in 2025, according to Nigel Green, CEO of deVere Group. The post United States likely to buy up to 400,000 BTC in 2025 — Devere...
View ArticleWhere should Nigerians invest N1 million this year?
This article gives an insight into where Nigerians can invest N1 Million in 2025. The post Where should Nigerians invest N1 million this year? appeared first on Nairametrics.
View ArticleDo Kwon pleads not guilty to charges following $40 billion Terra USD Collapse
Do Kwon, the South Korean founder of Terraform Labs, entered a not-guilty plea to a nine-count criminal indictment during a court appearance in the United States. The post Do Kwon pleads not guilty...
View ArticleWeekly Market Wrap: All-Share hits N63 trillion, gains 1.42% as insurance...
The Nigerian stock market concluded the trading week ending January 3, 2025, on a notably positive note, with the All-Share Index (ASI) increasing by 1,453.03 points to close at 103,586.33. This...
View ArticleNGX delists Flour Mills of Nigeria from Daily Official List after December 16...
The Nigerian Exchange has informed investors and the public that the entire issued share capital of Flour Mills of Nigeria has been delisted from the Daily Official List of the NGX. The post NGX...
View ArticleNigeria’s 2025 budget bill: A boon or bane for the stock market?
Nigeria’s 2025 budget bill, with its mammoth N49.740 trillion expenditure and N13.388 trillion deficits, presents a fiscal puzzle with high stakes for the stock market. While the government heralds it...
View ArticleSui’s 20% surge sparks frenzy in the global crypto community
Sui, a prominent layer-2 blockchain network, has resumed its strong upward trajectory, surging nearly 20% to trade at approximately $5.13 as of Saturday. The post Sui’s 20% surge sparks frenzy in the...
View ArticleKenya Airways resumes trading after 5-year suspension
After a five-year suspension, shares of Kenya Airways (KQ) are back on the Nairobi Securities Exchange (NSE) following a recent announcement from the markets regulator. The post Kenya Airways resumes...
View ArticleNew Cannabis $CANA Memecoin surges by 400% in first two days
$CANA, a new memecoin, entered the market just two days ago and has already surged by an astonishing 400% within 24 hours. The post New Cannabis $CANA Memecoin surges by 400% in first two days...
View ArticleNGX Insurance Index gains 26.9% in first week of 2025 after stellar 2024...
The NGX Insurance Index, which tracks the performance of the insurance sector, began 2025 with remarkable momentum, wrapping up the first trading week ending January 3 with an impressive week-to-date...
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