Section

MARKETS

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

Companies 1 min
Sun International to sell off shares in Federal Palace Hotel and Casino 
By David Olujinmi
Markets 1 min
Rights Issue: NGX lists 3.121 billion shares of Royal Exchange Plc
By Chris Ugwu
Fixed Income 1 min
CBN drops interest rates on 1-year treasury bills by 42.4 bps to 20.7%
By David Olujinmi
Financial Services 1 min
Zenith Bank seeks shareholders’ approval for capital raising
By Chris Ugwu

More Stories

Currencies

Naira on the march to below N1,000/$1 as official exchange rate close at N1,142/$1

Cryptos

IMF demands changes to El Salvador’s pro bitcoin laws, hinders $1.4 billion loan attempt 

Currencies

Goldman Sachs predicts Naira outperforming currencies globally- Report

Company Results

Guaranty Trust Holding mulls $750 million capital raise

Currencies

Naira breaks key resistance against dollar, within N1000/$ mark

Currencies

Financial experts divided on CBN’s dollar sales to BDC operators 

Fixed Income

DMO to raise N450 billion in April bond auction

Dividends

BUA Foods to pay shareholders N99 billion dividend for FY 2023

Cryptos

Tether Custodian CEO explains importance of Stablecoins and how they impact US dollar

Currencies

Zimbabwe local traders stop accepting failing ZimDollars ahead of new currency debut