News from Nigeria’s capital, currency, commodities, cryptocurrencies and money markets.
FUGAZ investors lose N51 billion combined during 2nd week of August
Flour Mills pushes up Q1 2022 revenue to N339.6 billion on improved Food, Agro-allied segments
Bitcoin on rampage, gains $2K to trade at $20.6K
Stanbic IBTC Holdings H1 2022; from regression to positive growth
Nigeria’s Finance Minister, Zainab Ahmed says Naira likely to weaken further
Nigeria no longer Africa’s largest oil producer as production falls to 972,394 BPD in August
UBA proposes interim dividend of N0.20 for every ordinary share of 50 kobo each
UBA delivers N70 billion profit in H1 2022, up by 16%
Losses from Chams, FCMB, 14 other stocks extend market downturn
British pound drops to weakest level in nearly 40 years against the US dollar
The gap between Naira’s official and black market rates widens to N271