News from Nigeria’s capital, currency, commodities, cryptocurrencies and money markets.
International Breweries records N87.64 billion unaudited loss in 2023, posts 226% profit decline
Naira rallies at black market now N1450/$1, official market also gaining
Confusion as BDCs shutdown operations in Abuja over forex scarcity, ABCON rejects decision
Fidelity Bank releases unaudited financial statements for 2023, posts 128% pre-tax profit
NGX ends January with striking 35.3% surge in All-Share Index
Naira depreciates by 37.6% at official market in January 2024
Billionaire Changpeng Zhao’s Binance sued over alleged Hamas violence link
CBN removes exchange rate cap for International Money Transfer Operators
Exchange rate closes January 2024 at N1,455.59/$1 at the official market
Transcorp posts 102% profit growth in 2023, total assets reach N523 billion
BUA Foods profit after tax hits N111.5 billion amidst headwinds