Economy
Exchange Ethereum (ETH) to Tether TRC20 (USDT)
Crypto conversion may be required for diverse causes. Any user wants to do it fast and profitably. In this circumstance, you can use different ways. Using individuals is operated caustically since it does not ensure security at all. There are many scammers on the Internet, so you can lose your funds in a few minutes.
You can use crypto exchanges or exchangers to profitably swap Ether cryptocurrency to Tether USDT stablecoin in TRC-20 network. Both choices are quite trustworthy, so the user can be certain of the security of transactions. Nevertheless, there are distinctions between them.
How is a crypto exchange distinct from an exchanger?
If you swap Ethereum to Tether TRC20, you must select a more profitable key. Not all users manage to fill out a charge correctly on exchanges, so you need to wait until you come across a promising deal. This may take several days, but you can wait if conditions allow. In this case, although longer, the user can swap crypto at the rate he prefers. Transactions should not be anonymous, and signup and confirmation should be required.
You won’t have to search for swap services for a long time. Just go to www.bestchange.com/ethereum-to-tether-trc20.html. Here, you can select an exchanger to exchange Ethereum (ETH) to Tether TRC20 (USDT). Such services have the next benefits:
1. To purchase Ethereum (Ether) cryptocurrency, you do not need to study the intricacies of trading. The interface is easy: the user chooses the exchange direction and enters the needed amount.
2. When selling and purchasing, the user uses his own crypto wallet; it does not require to transfer funds to the service. In this case, he can be sure that they will not fade.
3. The exchangers present several exchange directions at once, and the user can pick just the one requires.
A tremendous benefit is the lack of registration and identity validation with documents. This permits you to save time and keep the anonymity of transactions. In addition, there are no extra payments in the exchangers. The principal commission is already included in the exchange rate. There is also an option to acquire extra bonuses for regular cooperation.
How to convert cryptos?
The process is very fast. Just go to Bestchange, where the rating of confirmed exchangers is shown. Next, choose the proper service and click on its name to go to the official website. Be sure to read the terms of service. After that, the user fills out an application with the swap direction, amount, and crypto wallet number. The application is sent for validation; the user contacts the service representative to obtain payment details. It must be satisfied within a certain period; otherwise, the application will be canceled. Next, you need to wait until the crypto arrives in the wallet. For all questions, you can reach technical support around the clock.
Economy
Xenergi in Talks to Acquire 51% Stake in Premier Paints
By Aduragbemi Omiyale
One of the paint makers in Nigeria, Premier Paints Plc, is currently in talks with a new investor, Xenergi Limited, for the purchase of 51 per cent stake in the company.
Xenergi Limited intends to acquire shares of Clover Global Resources Limited and TGHL Capital Limited in the organisation.
Business Post gathered that the new investor will buy 39.02 per cent from Clover Global Resources Limited and 15.20 per cent from TGHL Capital Limited.
The deal, according to a regulatory notice issued on Tuesday on the Nigerian Exchange (NGX) Limited, will involve about 63 million shares of Premier Paints.
At the current share price of the paint producer, this should be about N630 million as it closed at N10.00 per unit on NGX on December 16, 2025.
“Subject to obtaining required regulatory approvals, the transaction is expected to close before January 31, 2026.
“The company will continue to inform the public of the progress of the transaction,” the disclosure signed by the company secretary, Alozie Nwokoro, said.
Economy
Naira Trades Flat Across FX Market Windows as CBN Moves to Ease Pressure
By Adedapo Adesanya
The Naira was flat against the US Dollar in the Nigerian Autonomous Foreign Exchange Market (NAFEX) on Tuesday, December 16, retaining the previous closing value of N1,451.82/$1.
In the same vein, the local currency saw no movement against the Pound Sterling and the Euro in the spot market during the session at N1,943.98/£1 and N1,705.74/€1, respectively.
Also, the Nigerian Naira remained unchanged in the black market yesterday at N1,475/$1 and was N1,460/$1 at the GTBank forex counter.
The Central Bank of Nigeria (CBN) has strengthened US Dollar supply with $250 million to authorised dealer banks at the official window cumulatively as foreign portfolio investors, exporters and non-bank corporate supply dripped.
The spread between official and other non-regulated markets decreased to N30.59$/1 from N44.57/$1, from the previous week, research subsidiary of Coronation Merchant Bank Limited said in a report.
FX analysts said foreign exchange inflows through the Nigerian Foreign Exchange Market decreased to $716.3 million from $844.70 million in the previous week , a 15 per cent drop in a week.
Foreign portfolio investors accounted for the highest share of inflows at 32.98 per cent, followed by exporters at 30.84 per cent, the CBN (17.36 per cent), Non-bank Corporates (16.94 per cent), others (0.72 per cent) and Individuals (0.63 per cent).
On Monday, Nigeria’s headline inflation rate eased to 14.45 per cent in November 2025, down from 16.05 per cent recorded in October, according to the latest Consumer Price Index (CPI) report released by the National Bureau of Statistics (NBS), representing a decrease of 1.6 percentage points month-on-month and marks a significant moderation compared to the same period last year.
As for the cryptocurrency market, there was some recoveries after overall capitalization falling below $3 trillion for the third time in a month. Large-cap assets, particularly those with Exchange Traded Fund (ETF) exposure, are experiencing selling pressure as institutional investors reassess risk.
Ripple (XRP) appreciated by 1.5 per cent to $1.92, Litecoin (LTC) expanded by 1.5 per cent to $78.91, Dogecoin (DOGE) rose by 0.8 per cent to $0.1308, Solana (SOL) went up by 0.4 per cent to $127.60, Binance Coin (BNB) grew by 0.3 per cent to $865.40, and Bitcoin (BTC) gained 0.2 per cent to sell at $86,735.17.
On the flip side, Cardano (ADA) depreciated by 1.0 per cent to $0.3802 and Ethereum (ETH) slumped by 0.4 per cent to $2,935.85, while the US Dollar Tether (USDT) and the US Dollar Coin (USDC) were flat at $1.00 each.
Economy
Stock Investors’ Portfolios Swell N14bn as Index Rises 0.01%
By Dipo Olowookere
A marginal 0.01 per cent rise was recorded by the Nigerian Exchange (NGX) Limited on Tuesday. This was different from the flattish mode of the market the previous day.
Investor sentiment remained bullish as Customs Street finished with 31 price gainers and 26 price losers, implying a positive market breadth index.
Aluminium Extrusion topped the gainers’ log after it improved its price by 10.00 per cent to N9.35, Guinness Nigeria appreciated by 9.98 per cent to N263.40, Multiverse expanded by 9.95 per cent to N12.15, MeCure Industries also soared by 9.95 per cent to N45.85, and Sovereign Trust Insurance advanced by 9.89 per cent to N4.11.
Conversely, Haldane McCall led the losers’ chart after it shed 9.93 per cent to settle at N3.72, Veritas Kapital lost 9.09 per cent to close at N1.60, LivingTrust Mortgage Bank also declined by 9.09 per cent to N3.50, and Linkage Assurance depreciated by 5.71 per cent to N1.65.
During the trading day, the All-Share Index (ASI) went up by 21.23 points to 149,459.11 points from the previous day’s 149,437.88 points and the market capitalisation increased by N14 billion to N95.281 trillion from N95.267 trillion.
Yesterday, traders transacted 1.0 billion equities for N21.8 billion in 23,701 deals compared with the 553.1 million equities valued at N13.3 billion traded in 28,907 deals on Monday, representing a decline in the number of deals by 18.01 per cent, and a surge in the trading volume and value by 80.80 per cent and 63.91 per cent apiece.
Access Holdings traded 385.8 million stocks worth N7.7 billion, Champion Breweries transacted 111.8 million shares valued at N817.8 million, Sterling Holdings exchanged 85.5 million equities for N589.9 million, FCMB sold 74.7 million shares valued at N791.5 million, and First Holdco transacted 51.9 million equities worth N1.8 billion.
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