News from Nigeria’s capital, currency, commodities, cryptocurrencies and money markets.
Naira weakens further, hits N1,602/$1 at official market
Naira holds resilient British pound below N2,200/£ at unofficial market
Aradel posts record Q1 profits as crude oil sales surge
Seplat reports mega Q1 profits as crude oil production triples
Exchange rate depreciates to N1,596/$1 at official market
Livestock Feeds reports decline in Q1 profit despite N10.8 billion revenue; sales in Aba surpass Ikeja, other places
Strategy’s Bitcoin holdings surpass $50 billion, reinforcing institutional crypto adoption
Cadbury Nigeria records increased domestic sales, recovers to N8.5 billion Q1 profits
Nigerian banks earn N5.93 trillion from investing in Treasury bills, OMO bills, others in 2024
Experts recommend ‘advanced reCAPTCHA’s’, ‘zero trust security’, and other measures to combat trading breaches and fraud
Wema Bank declares Final Dividend of N1.00 for 2024 financial year, up 100% YoY