Money & Markets

Latest Money & Markets News

Man recovers lost £3.3m Bitcoin wallet after 12 years

An anonymous British man has recovered dozens of Bitcoin worth approximately £3.3…

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Geregu pays N6bn due to investors on N40bn bond after default

Geregu Power Plc has paid the N6 billion owed to investors under…

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BOI’s N250bn maiden bond oversubscribed on strong investor demand

The Bank of Industry (BOI) has recorded a strong debut in Nigeria’s…

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NGX’s new pricing rules take effect Monday, changes how stock prices move

The Nigerian Exchange (NGX) will introduce a revised pricing methodology for equities…

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NGX rally to enter stock-pickers’ phase as Dangote Refinery IPO reshapes market, says FDC

By Ayo Olesin Nigeria's record-breaking equities rally is set to enter a…

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First HoldCo faces potential N1.15trn sale of 22.9% legacy stake 

  A proposed block sale of more than 10.43 billion shares in…

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Stock market sheds N800bn as profit-taking ends rally

  The recent bullish momentum on the Nigerian Exchange Limited (NGX) came…

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FG issues N729bn power sector bond to settle GenCos, gas debts

The federal government has issued a N729 billion series 2 power sector…

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NGX takes FTSE Frontier Market case to London

The Nigerian Exchange Group has intensified efforts to secure Nigeria's long-awaited reclassification…

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Otedola increases First HoldCo ownership to 20.4% as stock rallies 71% in one month

Billionaire investor Femi Otedola combined interest in First HoldCo Plc increased to…

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