News from Nigeria’s capital, currency, commodities, cryptocurrencies and money markets.
Zenith bank’s hybrid rights issue and public offer holds immense value for investors
One year after floating Naira, NGX market cap drops by $27.8 billion
CBN drops stop rate on one-year Treasury Bills to 21.889% in latest August auction
Airtel buys back 406,000 more of its own shares as second-quarter pre-tax profit soars by 133.6%
Nigeria records 55% increase in net FX flows to $25.4 billion in first six months of 2024
MeCure reports 38% rise in revenues as cost mute profit growth
Nigeria’s exchange rate appreciates for third consecutive day, closes at N1,596.52/$1 on Wednesday
CBN sells $876.26 million at N1,495/$1 to 26 banks in latest Retail Dutch Auction
Ethereum ETFs record $98 million inflow as Blackrock’s position hits nearly $900 million
Binance records Net inflow of $1.2 billion in 24 hours amid market crash
Jumia unveils EUR 244 million Rights Issue to boost expansion