Section

MARKETS

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

Currencies 1 min
Market forces to blame as Naira loses more than a third of its value in 2 weeks
By Olumide Adesina
Blurb 1 min
Tough times for shareholders as listed FMCGs struggle to pay dividend  
By Idika Aja
Dividends 1 min
Alphabet to pay first ever dividend as net income hits $23.7 billion in Q1 2024
By David Olujinmi
Currencies 1 min
Customs FX rate for cargo clearance rises by 11% in two days
By Aghogho Udi

More Stories

Company Results

Dangote Cement reports N166 billion pre-tax profits in Q1 2024

Currencies

Naira dips to N1,450 in rapid decline, 8.28% drop during trading hours

Company Results

Naira decline drags Guinness Nigeria to net loss of N61.7 billion

Equities

Equity market bolstered with N27 billion increase

Cryptos

Bitcoin price falls below $64,000 as $209 million in crypto long positions liquidated  

Company Results

Unilever Group sales rose 4.4% in first quarter 2024 ahead of analyst projections

Currencies

Leading Nigerian companies incur a staggering N1.7 trillion in FX losses in 2023

Markets

Market operators set agenda for new SEC DG

Currencies

Data reveals extent of forex supply shortage at official window as exchange rates plunged in 2023

Markets

Bloody run: NGX Investors suffer N3.62 trillion loss in April