News from Nigeria’s capital, currency, commodities, cryptocurrencies and money markets.
Naira retreats from record low, rises by 12.83% to close higher at N843.07/$1 in official market
Naira officially loses nearly a fifth of its value while black market shows stability
FMDQ seeks improved action to attract $30 trillion sustainability fund in the capital market
Intraday high hits N1159.10/$1 as naira plunges to new low at N951.22 in official market
NGX approaches 72,000 mark as First Bank joins N1 trillion club
Nigeria makes up only 0.9% of global Islamic finance market – SEC DG
Owner of TikTok ByteDance to buy back shares after amassing $50 billion cash pile
FBN Holdings joins N1 trillion market cap club
Bitcoin too hot to handle, moves past $44K despite strong dollar
2023 9M: Ecobank sets to surpass year 2022 performance, while Nigeria business continues to trail
Forex turnover hits $142.63 million as naira strengthens against dollar to N806.73/$1 at the official market