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.
Connected Development (CODE) has unveiled its 2025 Annual Report, highlighting a financing gap of 177.7 billion dollars for Nigeria to meet its climate obligations, while calling for reforms to the global climate funding architecture.
Jandor Withdraws From Lagos Governorship Race, Cites Tinubu’s Endorsement of Hamzat Dr Abdul-Azeez Adediran, popularly known as Jandor, a leading Lagos State Governorship aspirant, has announced his withdrawal from the race, citing President Bola Tinubu’s endorsement of Deputy Governor Dr Obafemi Hamzat as the APC consensus candidate. Adediran, the Lead Visioner of the Lagos4Lagos Movement, disclosed this at a news conference on Thursday. Announcing, Adediran said: “We made it known from day one that we have a single aspiration—to contest for the governorship of Lagos State in 2027. We also pledged to support whoever the party eventually presents as its…
XRP Underperforms $1.60 Price Prediction in April XRP is on its way to underperforming the $1.60 price prediction for April, according to a slew of crypto analysts across prediction markets. Currently, XRP is down 0.87% to $1.36, closely tracking a broader market dip led by Bitcoin. The move is primarily driven by negative beta to a declining crypto market, with a secondary technical breakdown below the key $1.40 support level amplifying selling pressure. XRP’s 0.87% loss in the last 24 hours closely mirrors the 1.11% drop in Bitcoin and the 1.05% decline in total crypto market cap over the same…
Oil prices climbed Thursday as escalating tensions and a prolonged deadlock between the US and Iran fueled expectations of continued supply disruptions and tighter global markets.
The Nigerian Overnight Rate (NOFR) steadied as the banking system’s surplus liquidity narrowed following the settlement of the April bond auction.
Dollar Strength Could Unwind if Oil Prices Fall Back – Fitch The strengthening of the dollar in the early weeks of the US-Iran conflict could unwind if oil prices fall, Fitch Ratings says. In a non-rating commentary note, Fitch said global currency movements in recent months have been closely correlated to the relative exposures of different economies to the sharp rise in world oil prices. Countries less exposed to the US-Iran conflict, as measured by their net petroleum imports as a share of GDP, have tended to experience less depreciation against the dollar. Between 27 February and 24 April, the…
GCR Ratings has affirmed the national scale long-term and short-term issuer ratings of BBB(NG) and A3(NG), respectively, accorded to Quest Merchant Bank Limited – formerly FBNQuest Merchant Bank Limited – with the outlook revised to stable from Rating Watch Negative.
Hyperliquid (HYPE) price dipped by about 5% to $40.34 amidst bullish but correcting trading signals, underperforming a slightly weaker broader market, due to technical pressure after a strong rally.
Oil Prices Increase on Elevated Geopolitical Risk Premium Oil prices rose on Tuesday, with Brent crude trading above $103 a barrel, as persistent tensions around the Strait of Hormuz and uncertainty over a proposed reopening of the waterway kept markets on edge. International benchmark Brent crude traded at $103.55 per barrel, up around 1.8% from the previous close of $101.69. US benchmark West Texas Intermediate also increased about 1.8% to $98.15 per barrel, compared with $96.37 in the previous session. The gains came as geopolitical risk premiums remained elevated, with investors closely monitoring developments surrounding the strategic waterway, a critical…
Zenith Bank Plc has announced the opening of its Côte d’Ivoire subsidiary, marking a pivotal achievement in the Group’s Pan-African expansion strategy.