Author: Ogochukwu Ndubuisi
Ogochukwu Ndubuisi is an editorial content strategist and financial news writer at MarketForces Africa, covering a broad range of topics including Nigeria's equity markets, infrastructure development, energy, government policy, corporate finance, and digital economy.With over 2,400 published articles on MarketForces Africa, Ogochi brings depth and consistency to the publication's daily news coverage.Her reporting spans Nigerian Exchange Group market movements, Lagos State infrastructure projects, and federal government economic policies, oil and gas developments, and emerging sectors shaping Nigeria's economic landscape.She also covers Africa-wide stories, including East African market indices, continental investment trends, and cross-border economic developments.Ogochi works closely with MarketForces Africa's editorial and corporate communications teams to deliver accurate, timely, and well-researched content to the publication's professional readership.Ogochukwu Ndubuisi is based in Lagos, Nigeria.
The Nigerian Exchange (NGX) All-Share Index rebounded on Friday, as Tier-1 bank and Lafarge Africa stocks halted the downtrend in the local bourse after 4 days.
Nigeria’s Total Capital Importation Rises to $10.37bn in Q1 2026 The National Bureau of Statistics(NBS), says the total capital importation into Nigeria stood at 10,371.90 billion dollars in quarter one (Q1) 2026. The NBS said this in its Nigeria Capital Importation Q1 2026 report released in Abuja on Friday. The report said the Q1 figure was higher than the 5,642.07 billion dollars recorded in Q1 2025, indicating an increase of 83.83 per cent on a year-on-year basis. “When compared to the preceding quarter, capital importation also increased by 60.97 per cent from 6,443.48 billion dollars in Q4 2025.” It said…
Brent topped $95 per barrel on Friday amidst tighter US sanctions against Russia and persistent geopolitical risks. Meanwhile, hopes for diplomatic progress between Washington and Tehran tempered further gains.
Africa Finance Corporation (AFC) has successfully raised a record US$2 billion syndicated loan, underscoring strong global investor support for the rapid buildout of integrated infrastructure and industrial platforms shaping Africa’s next phase of economic growth.
The Nigerian equities market extended its bearish run on Thursday, with the All-Share Index declining 0.37% to settle at 242,227.31 points. The local bourse shrank as sell pressure persisted for four days straight, in what some stockbrokers now call a price correction after a fast-and-furious rally.
Analysts at CardinalStone Securities Limited have jerked up their target price for Transnational Corporation to N69.71 per share, citing the TransAfam turnaround as the reason for their buy recommendation.
UK manufacturing continues to recover in May despite rising consumer price inflation and supply chain pressures, S&P Global said in its monthly purchasing manager index (PMI)
Equities investors lost N2.28 trillion as the stock market continues to reprice overbought stocks, and sentiment deteriorated for the third trading session in June 2026.
Equity investors lost N478 billion on the Nigerian Exchange (NGX) due to sustained bearish activity. The stock market closed on a negative note, with key performance indicators mixed due to new shares being listed. The All-Share Index (ASI) declined by -0.35%, while the market capitalisation plunged by -0.30%.
Nigeria Can Leverage Pension, Sovereign Wealth Funds for Growth — AfDB An Economic Expert, Prof. Kevin Urama, says Nigeria can unlock substantial resources for development by leveraging pension funds, sovereign wealth assets and other domestic institutional investors. Urama, the African Development Bank (AfDB) Chief Economist and Vice President for Economic Governance and Knowledge Management, said this in an interview with the News Agency of Nigeria on Tuesday The chief economist, while outlining strategies for mobilising long-term capital to support economic growth, said institutional investors across Africa currently managed about four trillion dollars in assets.. He, however, added that only a…