Section

MARKETS

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

Billionaire Watch 1 min
Otedola spends another N222.2 billion on First HoldCo shares, raises stake to 25.87%
By Idika Aja
Fixed Income 1 min
CBN lowers T-bill yield as oversubscription jumps sevenfold
By Kelechi Mgboji
Equities 1 min
Nigerian equities lose N648 billion as TIP, NREIT lead broad mid-week sell-off
By Kelechi Mgboji
Company Results 1 min
Sterling Bank’s profit climbs 22%, but loan losses are rising faster
By Idika Aja

More Stories

Company Results

Wema Bank posts N154.56 billion H1 2026 pretax profit, up 53.65% YoY

Company Results

NASCON grew sales 4%, profit jumped 28%. Something changed

Company Results

Royal Exchange pre-tax profit declines 94.2% in H1 2026

Companies

PwC, EY jointly command an estimated 35.9% of Nigeria’s corporate audit market in 2025`

Company Results

Presco’s pre-tax profit hits N122.2 billion in H1 2026

Fixed Income

Your pension took a hit in June as stocks erased N623 billion

Currencies

Naira strengthens to N1,552/€ as CBN’s high rates steady FX market

Company Results

Okomu Oil H1 2026 pre-tax profit falls 12% to N59 billion

Company Results

Zichis profits soar 543% as egg, palm oil sales surge

Companies

Dimension Data raises N4.05 billion in first tranche of N20 billion bond programme