Section

MARKETS

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

Billionaire Watch 1 min
Tony Elumelu expands Seplat stake to 21.07%, now worth $1.5 billion
By Israel Ojoko
Equities 1 min
NGX market cap drops to N163.10 trillion as banking, insurance stocks drag market lower
By Israel Ojoko
Company Results 1 min
Stanbic IBTC’s pre-tax profit rises 40%, declares N4.50 interim dividend
By Idika Aja
Companies 1 min
NNPC Group’s tax, royalty payments rise 150% to N14.7 trillion in 2025
By Olalekan Adigun

More Stories

Companies

NNPC Group spends N111 billion on training, recruitment in 2025

Companies

NNPC’s sundry income hits N7.1 trillion, equivalent to 99% of annual profit

Consumer Goods

Manufacturers or money managers? Consumer goods firms hold N587 billion cash in 2026

Equities

Africa’s biggest REIT markets in 2026, ranked by value

Energy

Kenyan investors seek access to Dangote Refinery IPO through NSE GDRs

Energy

Tullow Oil shares crash 50% after Ghana wins $196.5 million tax dispute

Companies

Eunisell posts N1.84 billion revenue, profit rises 31% in FY 2026

Fixed Income

CBN sells N4.69 trillion OMO bills, more than double N2.43 trillion maturing same day

Energy

NNPC says no fixed date yet for proposed IPO

Equities

Nigerian equities lose N469 billion as banking stocks drag market lower