Section

MARKETS

News from Nigeria’s capital, currency, commodities, cryptocurrencies and money markets.

Commodities 1 min
Brent and Nigerian oil blends stage recovery above $65 per barrel, eye $70
By Izuchukwu Okoye
Equities 1 min
Weekly Market Wrap: All-Share Index drops 0.32% as banking sector dips; Premium Index sees modest recovery 
By Izuchukwu Okoye
Cryptos 1 min
MELANIA token suffers 97% crash amid allegations of insider dumping and market manipulation 
By Israel Ojoko
Equities 1 min
Top 10 insurance companies based on premiums received in FY 2024 
By Izuchukwu Okoye

More Stories

Company Results

UPDC reports N1.309 billion pre-tax profit in 2024, up 244.51% as property sales drive profit 

Markets

Consumer Protection: SEC Nigeria gets tough with influencers/celebrities

Cryptos

Crypto exchange eXch announces shutdown amid allegations of complicity in $1.4 billion Bybit hack 

Equities

All-Share Index ascends back to 104,000, gains 0.38%; MTN and FIDELITY BANK lead trading value 

Markets

Resisting Ponzi schemes in Nigeria

Company Results

First Holdco reports N781.88 billion pre-tax profit in 2024, up 124.77% YoY 

Currencies

Naira weakens to N1,600.50/$1 at official market ahead of Easter break 

Currencies

Goldman Sachs warns of further naira depreciation amid oil slump

Company Results

Nigerian Breweries reports N69.9 billion profit in Q1 2025, on revenue growth and reduced FX losses 

Commodities

Gold breaks $3,300 mark, increases over 26% so far in 2025 amid weakened dollar and trade squabbles