Markets
News from Nigeria's capital, currency, commodities, cryptocurrencies and money markets.
Sterling reports N18.2 billion profit in Q1 2025 as loan income soars; declares dividend
Sterling Financial Holdings Company Plc has released its results for the first quarter ended March 31, 2025, reporting a pre-tax...
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FUGAZ share price surge despite CBN Forbearance issues
The Nigerian Exchange closed in positive territory on Thursday, June 19, with the All-Share Index (ASI) rising by 1,074.26 points...
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PenCom unveils Pension Boost 1.0, raising monthly payouts for over 233,000 Nigerian retirees
The National Pension Commission (PenCom) has launched Pension Boost 1.0, a new initiative under the Contributory Pension Scheme (CPS) designed...
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Sovereign green bond offer records N91.42 billion, oversubscribed by 183% – DMO
The Debt Management Office (DMO) has announced the conclusion of the third Sovereign Green Bond issuance, which closed with an...
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BNY Mellon, Standard Bank launch naira-denominated notes for global investors
Bank of New York Mellon Corp. (BNY Mellon), alongside Standard Bank Group Ltd., has launched global depositary notes backed by...
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Hawkish Fed, Israel–Iran conflict cage Bitcoin
Bitcoin consolidated on Thursday, while the wider crypto market remained subdued amid heightened tensions in the Middle East and a...
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SEPLAT and ARADEL rally as All-Share Index breaks 116,000; FUGAZ stocks rebound
On Wednesday, June 18, 2025, the Nigerian equities market staged an impressive rally, with the All-Share Index surging by 1,867.71...
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DMO allots N4.01 billion in FGN Savings Bonds for June 2025
The Debt Management Office (DMO) has announced the successful allotment of the Federal Government of Nigeria (FGN) Savings Bonds for...
Read moreDetailsFG seeks to raise N100 billion in June 2025 FGN bond auction
The Federal Government of Nigeria, through the Debt Management Office (DMO), has released details of its June 2025 bond offer,...
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Naira strengthens below N1,600/$ at parallel market as U.S dollar sheds weight
The naira maintained its bullish momentum at the unofficial market as it cracked below the N1600/$ resistance line, while the...
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