Author: Julius Alagbe

Binance Coin (BNB) price dipped by about 3% to $577.93 in response to Binance expanding….

Bitcoin price fell by about 2% to $63,039, underperforming a slightly negative broader market

NGX All-Share Index Declines as Investors Book Profit The Nigerian Exchange (NGX) All-Share Index (ASI) declined further on Friday as investors continue to take profit amidst Q2 earnings releases from listed companies. The stock market closed trading activities for the month of July on a negative note, with key performance indicators showing mixed outcomes. The NGX-ASI declined by -0.03%, while the stock market capitalisation decreased by -0.01%, a divergence attributed to the listing of AVA Capital Plc’s 5,000,000,000 Ordinary Shares of N1.00 each at N7.50 Per Share on the Main Board of Nigerian Exchange Limited. The market index fell by…

Ripple (XRP) price is down less than 1% in 24 hours, hovering around $1.08 on Friday…

Transcorp Hotels Shareholders Barely React to H1-2026 Earnings At N241.9 per share, there has been little reaction to Transcorp Hotels Plc’s earnings performance after the hospitality company released its first-half 2026 scorecard. Details from the unaudited financials release indicated that Transcorp Hotels recorded a resilient performance in H1 2026, with revenue declining by 5.33% year-on-year to ₦44.43 billion due to weaker performance in its International Business segment. However, improved cost management supported the hospitality company’s profitability, as cost of sales and operating expenses declined by 8.02% and 12.79%, respectively. Transcorp Hotels’ stronger finance income and improved operational efficiency helped drive…

Binance today announced that bStocks, its tokenised securities offering, has surpassed $500 million in assets under management (AUM), seven weeks after launch.

Apple Beats Q3 Earnings Expectations, EPS Surges 29% Apple released its results for Q3 2026, ending June 30, 2026. The company reported strong financial performance, with revenue up 16% year-over-year to $109.4 billion, exceeding expectations of $108.9 billion. Earnings also grew by 28.7%, reaching $2.02 per share (EPS), surpassing the forecast of $1.89. The company’s revenue growth was driven by strong demand for both products and services across various regions. Notably, the iPhone outperformed estimates and achieved a record for June quarter sales, providing stability for the overall group. The Mac line also exceeded consensus estimates, while the Wearables, Home…

Amazon Delivers Impressive Earnings Performance in Q2 Amazon released its Q2 2026 results for the period ending June 30, 2026. The e-commerce and cloud giant showcased strong growth in both earnings and revenue, surpassing market expectations. Earnings increased by 244% to $5.78 per share, compared to a consensus estimate of $2.30, while revenue rose by 20% to $200.6 billion, beating the expected $197 billion. Broad-based demand fueled double-digit growth across all geographic regions, with Advertising showing notable momentum at a 26% year-over-year increase. AWS (Amazon Web Services) experienced its fastest growth in 18 quarters, particularly driven by advancements in AI…

Nigerian Treasury bill yields slipped as investors moved newly issued papers into the secondary market following more than N2.4 trillion in subscription rejections at the midweek auction.

The Central Bank of Nigeria (CBN) has placed a ban on some ‘win’-related promotions by some local deposit money banks (DMBs), sources said.