News from Nigeria’s capital, currency, commodities, cryptocurrencies and money markets.
Coronation Insurance revives minority buyout, seeks SEC approval for delisting
NGX market capitalisation soars past N160 trillion as equities close week on green
First HoldCo shares gain 10% after nine-month profit surge
First HoldCo’s pre-tax profit rises 60.84% to N911.24 billion in 9M 2026
Ibile Holdings takes majority ownership of LASACO as stake rises to 51%
Tokenization will drive next $10 trillion on-chain assets – Roqqu CEO
Nigerian gold drops to N172K/g as flight to US yields suppresses bullion
CBN reset rates by 350bps, yet market is still offering banks yields above 17%
Naira weakens to N1,365/$, records sharpest daily decline in 18 months
CBN sells N2.63 trillion OMO bills, N629 billion above initial offer, as stop rates rise
NGX stocks shed N103.6 billion as bearish pressure drives All-Share Index to weekly low