Markets

The South African rand remained stable in early trading on Tuesday as investors awaited key domestic economic data. At 6:18 a.m. GMT, the rand was trading at 17.74 to the …

The Nigerian naira ended last week with a mixed performance in the foreign exchange market, as it recorded marginal gains at the official window but slipped in the parallel market. …

The central parity rate of the Chinese currency, the renminbi (yuan), fell slightly on Monday, weakening by 23 pips to 7.1405 against the United States dollar. The China Foreign Exchange …

Filling stations across Lagos, Ogun and other parts of Nigeria have increased the pump price of Premium Motor Spirit (PMS), popularly called petrol, to ₦900 per litre and above, despite …

United Capital Plc has announced a profit after tax of N11.89bn for the first half of 2025, representing a remarkable 522 per cent increase compared to the same period in …

Presco Plc, one of Nigeria’s major palm oil producers, has reported a strong financial performance for the first half of 2025, posting a profit after tax of ₦88.72 billion. This …

Champion Breweries Plc has returned to profitability in the first half of 2025, posting a profit after tax of ₦2.29 billion. This marks a major turnaround from the ₦386.66 million …

Cadbury Nigeria Plc has bounced back to profitability, posting a profit of N10.2 billion for the first half of 2025, a strong reversal from the N9.7 billion loss it recorded …

Barely two days after increasing the pump price of Premium Motor Spirit (PMS), the Nigerian National Petroleum Company Limited (NNPC Ltd.) has again slashed the price at its retail stations, …

In a strong warning to investors, the Chief Executive Officer of deVere Group, Mr Nigel Green, has advised global investors, especially those heavily invested in the United States, to urgently …