Section

MARKETS

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

Cryptos 1 min
Bitcoin’s resilience shines as price nears $84,000 amid trade war uncertainty 
By Israel Ojoko
Currencies 1 min
Naira ends week strong, closes at N1,626.00/$1 at official market 
By Olalekan Adigun
Commodities 1 min
Gold hits record high of $3,200 amid U.S.-China trade war 
By Israel Ojoko
Bank Recapitalization 1 min
Vanguard awards Olakunle Williams The Energy Icon of the Year: Celebrating the Tiger of the Energy Sector in Africa
By NM Partners

More Stories

Currencies

Naira fails to take advantage of U.S. Dollar’s collapse

Currencies

Exchange rate weakens further to N1621/$1 in parallel market

Company Results

VFD Group shares soar 69% in the Nigerian stock market following a wave of positive events

Fixed Income

Nigeria’s Eurobonds yields rise to record high as trade war sparks massive selloffs 

Equities

All-Share declines 0.18% amid increases from LIVESTOCK, VFDGROUP, and other gainers; GTCO tops volume 

Cryptos

Bitcoin rebounds above $82K as Trump’s 90-day tariff pause sparks optimism 

Company Results

SCOA Nigeria reports 149.8% surge in 2024 profit, achieves N13.5 billion revenue as auto and equipment sales thrive

Equities

All-Share Index rises 0.15% as FUGAZ stocks gain slightly, NSLTECH and ABBEYBDS shine 

Cryptos

Cryptocurrency market plunges as Trump’s tariffs on China take effect 

Breaking News

Naira appreciates to N1,615/$1 at official market