News from Nigeria’s capital, currency, commodities, cryptocurrencies and money markets.
Neimeth targets N20bn capital raise to accelerate expansion
The biggest risk businesses are taking on stablecoins is doing nothing
Strong naira, NGX bull run propel Dangote, Rabiu’s wealth to a record high
FX inflows hit $3 billion in January as yields lure offshore portfolio capital
African startups shift to debt fundraising as equity drops 21%
Infinity Trust Mortgage Bank proposes 35 kobo dividend, approves 1-for-1 bonus issue
SEC, NOA move against rising illegal investment schemes amid growing economic pressure
Seplat lead daily advancers as NGX jumps 441.3 points, continues streak
Investors pull 330K ETH worth $660 million from exchanges
Cocoa prices crash below $4,000 per ton on oversupply, other factors
Coronation Insurance posts N9.6 billion FY2025 profit on N71 billion revenue