Markets
News from Nigeria's capital, currency, commodities, cryptocurrencies and money markets.
Market Wrap: JOHNHOLT tops gainers as All-Share Index slips below 97,500; ARADEL and ELLAHLAKES lead decliners
The Nigerian All-Share Index continued its downward trajectory, shedding 219.21 points to settle at 97,432.02, marking its fifth consecutive day...
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Conoil PLC reports N4.2 billion pre-tax profit in third quarter 2024 amid revenue growth
Conoil PLC has released its third-quarter 2024 financial report, showing a pre-tax profit of N4.2 billion, a 30.82% increase from...
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Cocoa production in Nigeria projected to rise by 10% over high prices – Report
Cocoa production in Nigeria is projected to increase by as much as 10% on the back of elevated cocoa prices...
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Crypto Bloodbath: Traders lose $277 Million, Bitcoin crashes below $70K
The cryptocurrency market suffered a significant fall on Friday as traders appeared to be cutting back on their long holdings...
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FG launches 9-month window to allow Nigerians deposit undisclosed foreign currencies in banks
The Federal Government of Nigeria has launched a 9-month window for Voluntary Currency Disclosure, Depositing, Repatriation, and Investment Scheme, also...
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Total Energies beats forecast, posts N11.279 billion pre-tax profit in Q3 2024
Total Energies Marketing Nigeria Plc has reported a pre-tax profit of N11.279 billion for Q3 ending September 30, 2024, reflecting...
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Market Wrap: SUNU Assurances tops gainers as All-Share Index slips below 98,000; VERITASKAP and ARADEL lead decliners
The All-Share Index ended the day in negative territory, slipping by 372.00 points to close at 97,651.23, marking a dip...
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Microstrategy plans to raise $42 billion to buy more Bitcoin over the next 3 years
Microstrategy, A Bitcoin Development company has announced its plans to raise a staggering $42 billion to buy more Bitcoin in...
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Currency outside banks rises as N1.6 trillion left bank vaults in one year
Latest data from the Central Bank of Nigeria (CBN) reveals a significant year-on-year (YoY) increase in the amount of currency...
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Zenith Bank Plc posts N1 trillion pre-tax profit for nine-month period in 2024, with third quarter profit at N275 billion
Zenith Bank Plc has announced a pre-tax profit of N1 trillion for the nine-month period ending September 30, 2024, including...
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