Section

MARKETS

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

Currencies 1 min
Naira weakens to N1,387/$ as reserves fall to $49.29 billion in March
By Olalekan Adigun
Fixed Income 1 min
DMO raises borrowing cost of FGN Bonds, crashes allotment to N485.50 billion
By Kelechi Mgboji
Companies 1 min
The Initiates reports N5 billion profit FY2025, on booming waste management services 
By Izuchukwu Okoye
Company Results 1 min
GTCO declares final dividend of N11.76 for 2025 financial year 
By Idika Aja

More Stories

Breaking News

GTCO reports N865.75 billion in profits, down 15% YoY 

Company Results

BUA Foods 2025 audited pre-tax profit rises N521.5 billion on strong sales

Fixed Income

Nigeria’s Eurobonds extend bearish run in March as investors reprice risk

Equities

NGX sanctions five stockbroking firms for “market manipulation”

Equities

NGX low-cap stocks drive rally as market gains 29.11% YtD 

Equities

Nigerian All-Share Index falls to 200,484.4; Austin Laz, Zichis surge

Fixed Income

Senegal raises $537 million in bonds at 6.40%, cheaper than Nigeria’s borrowing costs

Company Results

UH REIT jumps to N18.2 billion profit as property gains lift 2025 earnings

Currencies

Naira faces acid test as US Dollar index hits 10-month high

Currencies

Nigeria’s foreign reserves slide $547 million over two weeks