Section

MARKETS

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

Billionaire Watch 1 min
Strong naira, NGX bull run propel Dangote, Rabiu’s wealth to a record high
By Olumide Adesina
Currencies 1 min
FX inflows hit $3 billion in January as yields lure offshore portfolio capital 
By Kelechi Mgboji
Equities 1 min
African startups shift to debt fundraising as equity drops 21% 
By Samson Akintaro
Dividends 1 min
Infinity Trust Mortgage Bank proposes 35 kobo dividend, approves 1-for-1 bonus issue 
By Kelechi Mgboji

More Stories

Legal & Regulations

SEC, NOA move against rising illegal investment schemes amid growing economic pressure 

Equities

Seplat lead daily advancers as NGX jumps 441.3 points, continues streak

Cryptos

Investors pull 330K ETH worth $660 million from exchanges

Commodities

Cocoa prices crash below $4,000 per ton on oversupply, other factors

Company Results

Coronation Insurance posts N9.6 billion FY2025 profit on N71 billion revenue 

Cryptos

Bitcoin eyes $52K as 4-Year cycle and MVRV Zone show strength

Equities

All-Share Index records eight-day winning streak as Transcorp Hotels climbs over 9% 

Bank Recapitalization

DEAP Capital receives N1.0 billion fresh capital from Banklink Africa

Cryptos

Circle Ventures backs edgeX as USDC expands to EDGE Blockchain

Currencies

Naira trades below N1,350/$ for the first time since May 2024