News from Nigeria’s capital, currency, commodities, cryptocurrencies and money markets.
CBN adjust “Net Open Position” rules to curb Banks’ forex speculation
Wema Bank reports 104.7% profit growth in 2023
FX backlog: CBN confirms, clears 17% of airlines’ claims
CBN warns forex dealers against market manipulation, threatens sanctions
Geregu Power Posts 110% Increase in Profits, first to file audited accounts
Federal Government raises N418.197 billion in January 2024 bond auction
GSK Consumer Nigeria records a 34.3% drop in pre-tax profit in its last year of existence
Dangote Cement market cap rise to N13 trillion now double BUA Cement
Can MTN Nigeria and Airtel reach N10 trillion market capitalization threshold?
Nigeria’s pension industry gains N3.36 trillion in 2023, fastest growth on record
NAFEM Exchange rate falls to record low of N1348/$1