Section

MARKETS

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

Banking 1 min
Banks park N8.31 trillion at CBN despite N724 billion OMO mop-up
By Kelechi Mgboji
Commodities 1 min
Nigerian gold falls to N176K/g after US stock market bloodbath
By Olumide Adesina
Equities 1 min
Best-performing Nigerian stocks for the week ended November 6
By Kelechi Mgboji
Currencies 1 min
Naira weakens 0.22% as FX turnover slows to $1.45 billion in November’s first week
By Olalekan Adigun

More Stories

Equities

NGX sheds another N540 billion as MTN Nigeria, Zenith Bank, GTCO, drag stocks lower

Company Results

MTN Nigeria earns 2.5 times Airtel’s data revenue, but Airtel grows faster

Equities

Nigerian stocks can’t hold 250K level without Dangote refinery

Equities

Airtel Africa begins fresh share buyback tranche, targets 12 million shares

Company Results

Nigeria’s consumer giants squeeze out bigger profits as shoppers pull back

Breaking News

CBN sets N15 billion capital requirement for foreign stablecoin issuers, tightens P2P crypto rules

Currencies

Naira falls to N1,350.45/$ at NFEM, extending November losses

Dividends

Airtel Africa fixes N1,347.44/$ rate for interim dividend, implying N41.77 per share for NGX holders

Company Results

GTCO: Buy, Sell or Hold? 

Equities

NGX plunges N3.28 trillion as Dangote Cement, Presco, UACN, HBM Nigeria, Tier 1 banks fall