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Dangote cement

Dangote, BUA and Lafarge Africa gain N7.921 trillion in market value in Q1’2024

Three cement companies listed on the Nigerian Exchange Group Plc (NGX) (Dangote Cement Plc, BUA Cement Plc, and Lafarge Africa Plc) collectively gained approximately...
Association of Bureau De Change Operators of Nigeria (ABCON)

ABCON: CBN’s BDC recall into forex exchange boosted naira

The Association of Bureau De Change Operators of Nigeria (ABCON) has stated that the inclusion of Bureau De Change operators (BDCs) back into the...
Investing

How To Start Investing In 2025: A 5-Step Guide For Beginners

Do you want to start investing but don't know how? Here is A 5-step Guide that will help you kick-start your investing journey in...
United State US diplomat

USA and UK investigating Russian cryptocurrency exchange linked to $20 billion in USDT transfers

The Russian cryptocurrency exchange Garantex is under investigation by authorities in the USA and the UK following its facilitation of $20 billion worth of...
Dangote, Elumelu, Economic Coordination Council Team

Dangote, Elumelu, and Others Make Tinubu’s New Economic Coordination Council Team

President Bola Ahmed Tinubu has approved the establishment of the Presidential Economic Coordination Council (PECC) and the formation of the Economic Management Team Emergency...
Changpeng Zhao

Binance founder, Changpeng Zhao gains $8.42 billion in 2 days

Troubled billionaire and founder of Binance, Changpeng Zhao, has seen his wealth grow by $8.42 billion, bringing his total fortune to almost $50 billion....
Nigerian stocks Market

Bears return as stock markets open the week, resulting in a loss of N289...

Yesterday, the Nigerian stock market kicked off the week on a negative note, with Dangote Sugar Refinery Plc and 29 other companies recording losses...
Biguncle Homes

Estate Firm BigUncle Homes To Launch Operations In Canada, US

BigUncle Homes, a real estate company based in Nigeria, is gearing up to expand its operations into Canada and the US, aligning with the...
Bank Savings

Banking not route to billionaire status, says Sterling Bank MD

Banking Notion: The Managing Director/Chief Executive Officer of Sterling Bank, Abubakar Suleiman, cautioned newly inducted members of the Chartered Institute of Bankers of Nigeria...
Naira

Naira Gains 12% In 5 Days As FX Inflow Rises To $1.5bn

Following the Central Bank of Nigeria's (CBN) announcement that it had resolved all legitimate foreign exchange backlog, the value of the naira experienced an...
Equities Market

Equities Market Closes Negative, Down By N168bn

Yesterday, the Nigerian equities market concluded on a negative trajectory as selloffs in Julius Berger Plc and 23 other stocks led to a loss...
Naira

Naira Gains To N1,560.57/$1 At Official FX Market

The Naira has experienced a strengthening trend on the official market, reaching N1,560.57 against the dollar, driven by foreign exchange (FX) reforms. Tuesday's FX trading...
Yen

Yen drops, Asian markets mixed as Japan hikes interest rates

The yen lost strength and Tokyo stocks saw an increase on Tuesday following the Bank of Japan's decision to raise interest rates for the...
IPayBTC

iPayBTC: Economic Hardship Encouraged Nigerians to Adopt Bitcoin, Digital Currency Investments

As the cost of goods and services continues to surge daily in Nigeria, posing challenges for individuals and households in meeting their basic needs,...
Drupa 2024

Drupa 2024: 1,427 Participants To Exhibit New Printing Technologies

The prominent trade fair for print technologies, Drupa 2024, is gearing up to host 1,427 exhibitors from 50 countries during an eleven-day exhibition from...
Binance Nigeria

Binance to Discontinue Nigerian Naira (NGN) Services

Binance, one of the world's leading cryptocurrency exchanges, has recently announced the discontinuation of all Nigerian Naira (NGN) services, marking a significant shift in...
Nigeria map

Nigeria and other nations set to gain from the UK’s £37.3 million Mobile for...

Nigeria and other developing nations are poised to receive support from the UK government's £37.3 million backing for the Mobile for Development Program. The funding,...
Dr. Olayemi Michael Cardoso

Cardoso advocates for increased hot money inflows, but foreign investors remain cautious

Cardoso advocates for the regulation and increased hot money inflows, but foreign investors remain cautious Data released by the Nigerian Exchange (NGX) indicates a decrease...
Bitcoin futures

Top Key factors driving Bitcoin’s near-record trading levels

On Monday morning, Bitcoin surged beyond $65,300, marking a significant step towards its all-time high of $69,000 achieved in November 2021. In the last 24...
Binance Nigeria

CBN: Illicit $26 billion passed through Binance Nigeria within one year

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Central Bank of Nigeria (CBN) Governor Yemi Cardoso revealed that more than $26 billion in illicit flows has transpired through the cryptocurrency platform Binance...
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