DMO opens April 2025 FGN savings bond offer with interest rates up to 17.046%
The Debt Management Office (DMO), on behalf of the Federal Government of Nigeria (FGN), has announced the opening of subscription for the April 2025 issuance of the FGN Savings Bond, offering highly...
View ArticleTrump Tariffs: Nigerian stocks tank, record largest drop in 3 months
Nigerian stocks took a steep dive on Monday as escalating global tensions fueled by Donald Trump’s aggressive trade rhetoric rattled investor sentiment across emerging markets. The post Trump Tariffs:...
View ArticleAccess Holdings signals delay in 2024 Audited Statement filing on NGX, blames...
Access Holdings Plc has notified the investing public and the Nigerian Exchange Limited of a potential delay in the publication of the group's audited financial statements for the year ended December...
View ArticleEthereum rebounds to $1,550 after record low, sparks optimism in crypto markets
The cryptocurrency market has experienced a notable rebound, with Ethereum (ETH) rallying back to around $1,550 on Tuesday, marking about a 10% gain within the past 24 hours. The post Ethereum...
View ArticleCrypto startup, Ripple, agrees to acquire prime broker, Hidden Road for $1.25...
Crypto startup Ripple has agreed to acquire Hidden Road, a leading prime brokerage firm, for $1.25 billion. The post Crypto startup, Ripple, agrees to acquire prime broker, Hidden Road for $1.25...
View ArticlePresco reports N113.2 billion in full-year profit for 2024 as revenue...
Presco Plc has reported a pre-tax profit of N113.2 billion for the year ended 31 December 2024, as outlined in its recently published audited financial statements on the Nigerian Exchange (NGX). This...
View ArticleNaira appreciates to N1,615/$1 at official market
The Nigerian naira appreciated to N1,615.00/$1 at the official foreign exchange market on Tuesday, strengthening from Monday’s closing rate of N1,629.00/$1. The post Naira appreciates to N1,615/$1 at...
View ArticleCryptocurrency market plunges as Trump’s tariffs on China take effect
The cryptocurrency market has experienced a sharp selloff following the implementation of U.S. President Donald Trump's tariffs on Chinese goods. The post Cryptocurrency market plunges as Trump’s...
View ArticleAll-Share Index rises 0.15% as FUGAZ stocks gain slightly, NSLTECH and...
The Nigerian All-Share Index concluded the trading day on April 8, 2025, on a positive note, rising by 159.86 points to reach a closing value of 104,376.73. The post All-Share Index rises 0.15% as...
View ArticleSCOA Nigeria reports 149.8% surge in 2024 profit, achieves N13.5 billion...
SCOA Nigeria Plc has reported a pre-tax profit of N374.3 million for the year ended 31 December 2024, according to its latest audited financial statement on the NGX. This represents a substantial...
View ArticleBitcoin rebounds above $82K as Trump’s 90-day tariff pause sparks optimism
The cryptocurrency market surged after U.S. President Donald Trump announced a temporary 90-day pause on tariffs for the majority of trading partners, excluding China. The post Bitcoin rebounds above...
View ArticleAll-Share declines 0.18% amid increases from LIVESTOCK, VFDGROUP, and other...
On April 9, 2025, the Nigerian All-Share Index concluded the trading day in negative territory, declining by 189.73 points to reach a closing value of 104,187.00. The post All-Share declines 0.18%...
View ArticleNigeria’s Eurobond rises to record high as trade war sparks massive selloffs
In a dramatic turn of events, Nigeria’s Eurobond market has come under heavy pressure, echoing the shockwaves rippling through global financial markets. The post Nigeria’s Eurobond rises to record...
View ArticleVFD Group shares soar 69% in the Nigerian stock market following a wave of...
Shares of VFD Group Plc have surged by 69% month-to-date, reaching N79.80 by market close on April 10, 2025, up from a monthly opening price of N47.20. The group published its audited financial...
View ArticleExchange rate weakens further to N1621/$1 in parallel market
The naira continued its downward slide in the parallel market on Thursday, exchanging at N1,621/$1, a depreciation from N1,580/$1 recorded just a day earlier on Wednesday. Checks by Nairametrics at...
View ArticleNaira fails to take advantage of U.S. Dollar’s collapse
The Nigerian naira has failed to benefit from the declining U.S. dollar index, even as new tariffs imposed by the U.S. take effect. The post Naira fails to take advantage of U.S. Dollar’s collapse...
View ArticleVanguard awards Olakunle Williams The Energy Icon of the Year: Celebrating...
Wema Bank has officially announced its intention to undertake a Rights Issue of 14,286,785,417 ordinary shares of 50 kobo each, to raise N150 billion. The post Vanguard awards Olakunle Williams The...
View ArticleGold hits record high of $3,200 amid U.S.-China trade war
Gold has reached a historic milestone, soaring to a record high of $3,200 per ounce, delivering exceptional returns to investors amid the global trade war between the U.S and China. The post Gold...
View ArticleNaira ends week strong, closes at N1,626.00/$1 at official market
The Nigerian naira appreciated slightly against the US dollar at the official foreign exchange market to close the week at N1,626.00/$1 on Friday. The post Naira ends week strong, closes at...
View ArticleBitcoin’s resilience shines as price nears $84,000 amid trade war uncertainty
Bitcoin has staged an impressive recovery, surging towards $84,000 on Saturday as it rebounds from losses sustained earlier in the week. The post Bitcoin’s resilience shines as price nears $84,000...
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