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 dollar index slipped below 98.5 on Monday after briefly rising to 99.3 earlier in the session as demand slowed sharply. The markets reacted to reports that Iran had submitted a new proposal to the US aimed at reopening the Strait of Hormuz and easing tensions.
Akwa Ibom Govt Heightens COVID-19 Surveillance The Akwa Ibom Government has activated heightened COVID-19 surveillance following the confirmation of a new outbreak in a neighbouring state. The Commissioner for Health, Dr Ekem Emmanuel, made this known in a statement in Uyo on Monday. Emmanuel said that Gov. Umo Eno has directed the ministry to activate heightened surveillance across all entry points, health facilities, and communities to forestall any outbreak. ”Disease surveillance officers and rapid response teams have been placed on red alert to promptly detect and manage any suspected cases. “Residents are urged to remain vigilant and adhere strictly to…
APC Tackles Makinde Over “Operation Wetie” Comments The All Progressives Congress (APC) has cautioned Gov. Seyi Makinde of Oyo State for invoking the history of “Operation Wetie” during a summit of opposition political parties in Ibadan. Mr Felix Morka, the party’s National Publicity Secretary, in a statement while reacting to comments made by Makinde, termed the remarks as a dangerous incitement and a threat to national security. ”Makinde’s comments are reckless and a clear and present threat to peace and national security. “It is particularly disturbing for a sitting Governor who bears constitutional responsibility as the Chief Security Officer of…
Equity investors gained N5.5 trillion in the Nigerian stock market over 5 days, supported by strong buying momentum amid the first-quarter (Q1) 2026 earnings release.
Kano Rakes in N102bn Revenue in 2025 The Kano Internal Revenue Service (KIRS) says it has generated N102 billion in revenue in 2025. Its Chairman, Dr Zaid Abubakar, said this during the KIRS Annual Dinner and Awards Night, on Sunday in Kano. He said the service recorded N102 billion in revenue last year, as against N74 billion in 2024, adding that the state has a revenue projection of about N200 billion for 2026. Abubakar attributed the feat to bold restructuring, improved compliance frameworks and strengthened partnerships. He said the service has positioned itself at the forefront of Nigeria’s evolving tax…
Fidelity Bank Gains 11% Amidst Oversubscribed Private Placement Nigerian lender Fidelity Bank Plc. saw its market value surge amid bargain hunting on the Nigerian Exchange, with investors gaining more than 11% over five trading sessions. According to trading data from the Nigerian bourse, Fidelity Bank’s share price increased to N22.30 at the close of the market on Friday, as 11.227 million units valued at N251.523 million. Reflecting positive investor sentiment ahead of Q1 2026 earnings, the market recorded strong positioning in Fidelity Bank, with volume transacted peaking at 44.809 million during last week’s trading session. Equitires analysts told MarketForces Africa…
Bitcoin (BTCUSD) retreated by 1.13% to $77,357.32, slightly underperforming a broadly flat crypto market, primarily driven by a modest pullback amid cooling sentiment and reduced leverage.
The naira fell against the US dollar at the official window as pressures from rising international payments eclipsed FX liquidity in the currency market.
Bitcoin Price Faces $79k Resistance, Tesla Keeps Holdings Bitcoin (BTCUSD) dropped about 2% to $77,520 on Thursday, underperforming a slightly weaker broader crypto market, primarily due to a rejection at key resistance amid heightened geopolitical risk. Trading data from crypto exchange showed that BTC failed to hold above $79,000, coinciding with stalled U.S.-Iran ceasefire talks and rising oil prices. Specifically, Bitcoin was rejected from the $79,000–$80,000 resistance zone, a level it briefly touched on April 22. This pullback coincided with renewed macro uncertainty as U.S.-Iran peace talks stalled and a U.S. naval blockade persisted, raising oil prices and increasing risk…
The Federal Government has inaugurated the Corporate Affairs Commission (CAC) Governing Board and the Intellectual Property Steering Committee to enhance transparency, improve investor confidence, and stimulate economic growth.