News from Nigeria’s capital, currency, commodities, cryptocurrencies and money markets.
Naira rebounds to N1,358.25/$ as reserves climb above $52 billion
Dangote Sugar raises N485.9 billion as investors oversubscribe rights issue
Pound holds at N1,837 as Naira stability faces global currency pressure
Dangote Refinery rules out overseas listing for at least three years
Yellow Card reveals why it pivoted from crypto exchange
NGX loses N613 billion as Unilever, consumer goods stocks extend market selloff
OPay swings to profit in FY2025 as revenue surges 161% to $536.3 million
Consumer goods selloff wipes N1.76 trillion from NGX as market extends losses
CBN hikes rates to 17.59% despite overwhelming N4.4 trillion bid against N700 billion offer
Naira strengthens to N1,360/$, strongest level since June
SEC sets 5 p.m. T+1 deadline for equities, commodities settlement