Section

MARKETS

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

Currencies 1 min
Naira hits June low amid stronger dollar
By Olumide Adesina
Equities 1 min
Predictions for Nigeria’s stock market in the second half of 2024 
By Chris Ugwu
Currencies 1 min
FX Crisis: Nigeria has already seen the worst of naira volatility, says Cardoso  
By Cyrus Ademola
Breaking News 1 min
Exchange rate drops to N1,500.79/$1, lowest level since May 
By Sami Tunji

More Stories

Currencies

FX Liquidity: Nigeria recorded “total inflow” of $24 billion in first quarter of 2024 – Cardoso

Cryptos

Memecoins end bearish run as bitcoin struggles, record double-digit growth

Fixed Income

FG raises N297.006 billion in June auction, 66% of target as demand tapers 

Equities

Transcorp Hotel rejoins N1 trillion market cap club 

Currencies

Exchange rate falls to lowest in 5 weeks as it closes in on N1,500/$1

Breaking News

Otedola acquires more FBN Holding shares, increases stake to 11.64%

Currencies

FX rate for customs duties collection stays constant for three weeks as Naira stabilises

Bank Recapitalization

Why investors will buy Fidelity Bank’s offers, by capital market stakeholders

Cryptos

Bitcoin crashes below $61K, Crypto traders lose over $280 million

Markets

NGX fines nine companies N76.8 million for default filings of annual financial statements