Bitcoin Falls 5% as Crypto Liquidations Top $837m
Bitcoin dropped by 5 per cent on Thursday morning, triggering more than $800 million in cryptocurrency liquidations over the previous 24 hours. Data from Coinglass showed that 166,704 traders had…
Naira Weakens Against Dollar at Official and Parallel Markets
The Nigerian naira lost further ground against the United States dollar at the official foreign exchange market on Wednesday, November 4, 2026, closing at N1,348.00 per dollar. Data published on…
NGX Market Gains N2.01 Trillion as Index Tops 250,000 Points
The Nigerian stock market recorded another monthly gain in October 2026 as renewed investor interest in major companies pushed the benchmark Nigerian Exchange (NGX) All-Share Index above the 250,000-point mark.…
Naira Starts November Strong as Oil Prices and Reserves Rise
The naira has entered November on a stronger footing, supported by rising crude oil prices, improved production and growing foreign exchange reserves. Bonny Light, Nigeria’s benchmark crude grade, is selling…
CBN Offers ₦2trn OMO Bills as Bank Liquidity Hits ₦7.9trn
The Central Bank of Nigeria (CBN) has offered ₦2 trillion in Open Market Operations (OMO) bills to absorb excess cash from the banking system as funds held by lenders at…
Dangote Foundation Targets 777,907 Women for Refinery Shares
The Aliko Dangote Foundation (ADF) says 777,907 vulnerable women across 15 Nigerian states are set to receive 15.56 million shares in Dangote Petroleum Refinery and Petrochemicals through its Women Share…
Nigerian Stock Market Loses ₦534bn as Banking Stocks Slide
Nigeria’s equities market lost about ₦534 billion in value last week, extending its decline to three consecutive weeks as losses in major banking stocks weighed on investor sentiment. The Nigerian…
DMO Opens N1tn FGN Bond Offer for Investors
The Debt Management Office (DMO) has opened a N1 trillion offer of two FGN bonds, giving investors access to long-term government debt. The offer includes a new N400 billion 10-year…
SEC Warns Investors Against Dangote IPO Fraud
The Securities and Exchange Commission (SEC) has urged Nigerians taking part in the ₦2.15 trillion Dangote Refinery IPO to protect themselves from fraudsters. The warning came as the highly anticipated…
Dangote Refinery Launches N2.15tn IPO
Dangote Petroleum Refinery & Petrochemicals FZE has opened its initial public offering (IPO), giving investors a chance to own part of Africa’s largest refinery. The Dangote Refinery IPO officially opened…
