Markets
News from Nigeria's capital, currency, commodities, cryptocurrencies and money markets.
Dangote Cement loses N92 billion on NGX, as investors digest Q1 2021 financial results
The NGX All-Share Index and market capitalization declined by 0.92%, as shares of Dangote Cement and MTN declined.
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Conoil, Courtville soar as NGX ASI plummets
The All-Share Index decreased by -0.81% to close at 39,114.73 from 39,433.81.
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How rise in oil prices will impact exchange rate
Oil prices are currently inching closer to $70 per barrel as the positive outlook of a return to global economic...
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CBN extends Naira4dollar scheme indefintely
The Central Bank of Nigeria (CBN) has extended indefinitely its Naira 4-dollar scheme for diaspora remittances which was introduced a...
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Nasdaq continues to fall as Dow sets new high
The Dow Jones Industrial Average rose 97.31 points or 0.3% to close at 34,230.34, a new high.
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Altcoins giving investors weekly returns of at least 100%
4 cryptos are outperforming Bitcoin by a long distance, having registered weekly gains of more than 100% at press time.
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Naira gains at NAFEX window as dollar supply improves by 305%
The exchange rate between the naira and the US dollar closed at N410.5/$1 on Wednesday, as dollar supply spiked by...
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Sterling Bank posts gains amid dip in GT Bank and Zenith
The NGX Banking Index saw another decline for the second time in the month of May.
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Bears sink claws deeper into the NGX ASI
The All-Share Index decreased by -0.92% to close at 39,433.81 from 39,801.78.
Read moreDetails2021 Q1 Results: FTN Cocoa Processor Plc reports loss after tax of N162.21 million
FTN Cocoa Processor Plc released its unaudited results for the first quarter of the year (Q1, 2021). Revenue for the...
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