Section

MARKETS

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

Cryptos 1 min
Hawkish U.S. Fed turns Bitcoin red; traders watch $60K support line
By Olumide Adesina
Company News 1 min
AIICO’s pre-tax profit soars by 121.55% in the second quarter of 2024, backed by an upgrade 
By Izuchukwu Okoye
Cryptos 1 min
Notcoin sets to launch story-driven Web 3 game with two NFT outfits soon  
By Michael Ndu-Okeke
Cryptos 1 min
Mt. Gox moves fresh $2.25 billion BTC to Bitgo as redistribution process continues 
By Michael Ndu-Okeke

More Stories

Bank Recapitalization

Fidelity Bank’s public offer and rights issue extended by N78.35 billion to August 12 

Exclusives

Largest health companies in Nigeria by market capitalization 

Breaking News

Nigeria’s currency in circulation exceeds N4 trillion in June 2024, first time in history 

Companies

Only 10% of our 2023 FX gains are realized – FCMB Group CEO  

Company Results

Nigerian Breweries grapples with inflation as pre-tax losses hit N50.8 billion in second quarter of 2024 

Cryptos

Stablecoin Issuer Circle prepares for IPO amid valuation dropping to $5 billion 

Cryptos

Ethereum hits 9 years with Market Cap of nearly $400 billion and over 2.45 billion transactions  

Cryptos

Ethereum ETFs record $33.6 million net inflow ending 4 days bleeding streak 

Currencies

Naira on a 5th losing streak against the U.S. Dollar; Fed interest rate decision takes spotlight

Company Results

MTN posts N175.6 billion pre-tax loss in second quarter, incurs N231 billion FX losses