Section

MARKETS

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

Bank Recapitalization 1 min
Zenith Bank’s capital raise Hybrid Rights Issues and PO: The Takeaways 
By Idika Aja
Cryptos 1 min
Why the Crypto market is crashing
By Michael Ndu-Okeke
Company Results 1 min
AXA Mansard’s pre-tax profit grows by 57.79% in the second quarter of 2024, as revenue skyrockets 
By Izuchukwu Okoye
Equities 1 min
CBN injects N700 billion bailout in Unity Bank-Providus Bank merger
By Sami Tunji

More Stories

Circulars

FG to sell $500 million dollar-denominated bonds, targets 200% subscription 

Company News

Kuda posted $32 million loss in 2022 amid increase in revenue, customer base  

Currencies

Forex turnover drops to lowest since January as naira settles above N1,600/$1

Breaking News

Jumia records $20.2 million operating loss in Q2 2024 as revenue decline 

Markets

Foreign inflow into the NGX rises to $161.4 million in first half of 2024

Cryptos

Indian authorities demand $86 million in Tax from Binance before it can resume operations  

Cryptos

Spot Bitcoin ETFs record $168 million in net outflows amid market dump  

Company Results

BUA Cement’s pre-tax profit drops by 54% in the second quarter of 2024 

Company Results

BUA Foods posts 24% profit growth in the second quarter of 2024 amidst N27.4 billion FX loss 

Currencies

Forex crisis: Nigeria’s ID4D project gains N8.6 billion from Naira devaluation in 2023