News from Nigeria’s capital, currency, commodities, cryptocurrencies and money markets.
Conoil’s pretax profit plunges 77% to N2.53 billion as finance costs spike
African companies raised $220bn equity in 25 years, only 1% of global issuance – OECD
Naira stays under N2,000/£ against a strong British Pound
Exchange rate gap at 6.4% revives arbitrage concerns
Naira strengthens to N1,359/$ official, falls to N1,453/$ in parallel market
Stocks post biggest gains as Police, market leaders unite to boost integrity
Vitafoam Plc to increase share capital to N750.5 million
FX stability, not rate level, key to sustainable growth – Folawiyo
Cadbury Nigeria 2025 results: A recovery with room to grow
Aradel reports N463.7 billion pre-tax profit in 2025, on strong revenue growth
First HoldCo, International Breweries, other heavyweights push ASI above 168,000