The Nigerian local currency, the naira, maintained its position in the foreign exchange (FX) market against the dominant US dollar on Friday, with the official rate closing at N1,359.

With a market cap above N131 trillion, equity investors on the Nigerian Exchange (NGX) gained about N392 billion on Friday, driven by Guinness Nigeria, Lafarge Africa, and International Breweries.

Market value of Lafarge Africa Plc.’s 16.107 outstanding shares climbed by 8.52% to N3.756 trillion in the Nigerian Exchange on Friday, its highest in 52 weeks.

CoreWeave’s (NASDAQ: CRWV) share price climbed to $104 in premarket trading on Friday after the company announced a multi-year agreement with artificial intelligence (AI) startup Anthropic.

International Breweries is gaining momentum in the Nigerian stock market on Friday. Its share price is up by 9.88% due to significant trading volume led by buy-side actors.

Lagos: Guinness Nigeria Plc’s share is courting investors’ attention with a sharp intraday rally, pushing the brewer’s market value higher by about 9.4% on Friday.