Section

MARKETS

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

Currencies 1 min
Naira weakens as exchange rate hits N1,605/$1 at official market 
By Olalekan Adigun
Cryptos 1 min
Bitcoin holds at $94K as market sentiment remains bullish 
By Israel Ojoko
Company News 1 min
BUA Cement pre-tax profit surges by 368.58% to N99.741 billion in Q1 2025
By Idika Aja
Company Results 1 min
Lafarge reports 739% surge in Q1 2025 profit as revenue hits N248.3 billion, on booming cement sales 
By Izuchukwu Okoye

More Stories

Company Results

Transcorp Power reports N43.283 billion pre-tax profit in Q1 2025, up 50.43%

Fixed Income

DMO allots N4.34 billion in April 2025 FGN savings bonds   

Equities

All-Share corrects back to 105,000 as trading volume spike; ABCTRANS and VFDGROUP top advancers  

Cryptos

FBI report reveals crypto investment scams accounted for $5.8 billion of 2024 fraud losses 

Currencies

Nigeria records $15.2 billion net FX inflow in Q1 2025 as reforms deepen market liquidity 

Fixed Income

FG eyes up to N1.2 trillion from FGN bond market in Q2 2025 

Fixed Income

FG seeks to raise N350 billion in April 2025 FGN bond auction 

Breaking News

UBA’s pre-tax profit surges by 30.65% to N204.27 billion in Q1 2025 

Financial Analysis

Government earned N1.2 trillion from Nigerian banks in 2024, more than shareholders 

Company Results

Japaul Gold reports N1.8 billion in full-year 2024 profit as equipment rental revenue soared