Markets

Bitcoin surges to all-time high, crosses $125K

October 5, 2025

Equities

Chapel Hill Denham dominates NGX brokerage charts of top 10 firms in weekly trading

October 4, 2025

NEXIM Bank travel expenses surge 4,500% to N3.9bn in 2024

October 4, 2025

Home Category Markets

Markets

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

Chinese government set to launch Digital Yuan lottery as part of digital currency trial

The Chinese government is set to launch another digital Yuan lottery to help its ongoing digital currency trials, happening in...

Standard Chartered Bank plans European crypto exchange

Standard Chartered Bank, United Kingdom's multinational banking and financial services company, plans to launch a cryptocurrency exchange.

Stock Market

Nigeria’s stock market soars amid plunge in CWG and IKEJAHOTEL

by Ubah Jeremiah Ifeanyi

Nigeria's stock exchange market ended today's trading session bullish, posting a profit at the end of the trading session.

Naira scarcity: CBN, Police to prosecute sellers and abusers of Naira

Business News

Why SEC, NGX must focus on stock market information irregularities – CBN

The report ultimately concluded that stock prices had a positive and significant relationship with economic growth in the long run.

Daymak to produce electric car that mines cryptocurrencies

Daymak Spiritus the first car in history with mining hardware and cryptocurrency technology programmed into the user interface.

Airtel Africa Plc sells its Tanzanian towers for $175 million.

Airtel Africa Plc has announced the sales of its telecommunication tower companies in Tanzania, in a deal worth around $175...

NASCON Allied Industries Plc approves FY 2020 dividend payment of 40 kobo per share.

The Board of NASCON Allied Industries Plc has approved a dividend payment of 40 kobo per share, to all shareholders...

Wole Onasanya resigns as a Director from the Board of Veritas Kapital Assurance Plc.

The Board of Veritas Kapital Assurance Plc has announced the resignation of Mr Wole Onasanya as an Executive Director of...

CBN reveals framework for the N75 billion Youth Investment Fund, Economic Growth, CBN, Governor, Emefiele, CBN releases new capital base, sanctions for Microfinance Banks, Nigerian Banks broadly positive after naira devaluation, Naira hits N465 to $1, Central Bank begins disbursing $100million to hit at currency speculators, CBN appoints 3 Pre-Shipment Inspection and 2 Monitoring Agents for non-oil exports

Currencies

Official data reveals massive shortage of forex inflows via the CBN in 2020

by Ugodre Obi-chukwu

A total of $43 billion flowed out of the CBN in foreign currencies as remittances faltered all through.

Japaul Gold and Ventures Plc reports loss of N996.7 million in FY 2020