Section

MARKETS

News from Nigeria’s capital, currency, commodities, cryptocurrencies and money markets.

Company News 1 min
IMG Nigeria to raise N6.5 billion via Rights Issue, approves dividend for shareholders 
By Izuchukwu Okoye
Equities 1 min
SEC tenure rule: Panic grips capital market operators 
By Idika Aja
Equities 1 min
Weekly Market Wrap: SEPLAT, two other heavyweights soar as ASI rakes in 2,708 points; banking sector recovers 
By Izuchukwu Okoye
Currencies 1 min
Naira falls N2,200 against British Pound Sterling 
By Olumide Adesina

More Stories

Currencies

Exchange rate disparity returns as Naira appreciates to N1,545/$ officially, depreciates to N1,605/$ on parallel market 

Cryptos

SEC warns Nigerians against unregistered trading platform CMTrading 

Company Results

InfraCredit reports N1.8 billion profit in the first Q1 2025, down 95% YoY 

Company Results

Sterling reports N18.2 billion profit in Q1 2025 as loan income soars; declares dividend 

Equities

FUGAZ share price surge despite CBN Forbearance issues 

Fixed Income

PenCom unveils Pension Boost 1.0, raising monthly payouts for over 233,000 Nigerian retirees 

Fixed Income

Sovereign green bond offer records N91.42 billion, oversubscribed by 183% – DMO 

Currencies

BNY Mellon, Standard Bank launch naira-denominated notes for global investors 

Cryptos

Hawkish Fed, Israel–Iran conflict cage Bitcoin

Equities

SEPLAT and ARADEL rally as All-Share Index breaks 116,000; FUGAZ stocks rebound