- Naira Rises as Foreign Reserves Approach $52 Billion
- BUA, Insurance, Tech Stocks Drag NGX Indices Lower
- NCC Reviews MVNO Business Rules to Deepen Competition, Expand Telecom Access
- XRP Trades Soft as Ripple Urges Senate to Support Clarity Act
- Solana Slips after SBI Taps Network for Tokenised Japan Equity Fund
- Nigerian Stock Market Loses N32bn as Investors Exit Positions
- ADA Dips as Market Shifts, Cardano Foundation Takes Over Token2049
- Oil Prices Decline Amidst Imbalanced Global Demand, Supply
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.
Abia to Hold Public Hearing on Electricity Bill – Official The Abia Government says it has plans to convene a hearing on the Abia State Electricity Bill, which is pending at the state House of Assembly. The Commissioner for Information, Mr Okey Kanu, said this while briefing newsmen on the outcome of the state Executive Council meeting. Kanu said that the House was expected to quicken the process of passing the bill when they resume from their recess. “The passage of the bill will give further impetus to the ongoing reforms in the state’s power sector,” he said. Kanu also…
Geregu Power Targets N11bn as Profit for Q4 Geregu Power Plc has a target to achieve N11 billion post tax profit in the fourth quarter of 2024, according to its regulatory filing submitted on the Nigerian Exchange (NGX) platform on Monday. The power generating company told the Nigerian Exchange that it expects revenue to reach N61.46 billion between Oct and December 2024. Management forecasted more than N6 billion as impairment loss on the company’s financial assets in the period. Its operating profit is expected to print at N17.17 billion amidst rising borrowings. Due to higher interest payments, Geregu Power estimated…
Wema Bank Plc share price movement has shown that the tier-2 lender is now trading at about 50% to its highest price level seen within the last 52 weeks.
Jaiz Bank Plc share price plunged by 4.66% on Friday on the floor of the Nigerian Exchange (NGX) as investors offloaded Islamic lender shares.
Indigenous Energy Company, Oando Plc reached a new all-time high (ATH) on the Nigerian Exchange (NGX) as investors continue to show the energy company
Zenith Bank Plc grew profit by more than 98% to N577.997 billion in the first half of 2024, from N291.731 billion 12 months earlier, according to details
Nigeria and Indonesia have entered into a Memorandum of Understanding (MoU) to enhance palm oil production and market expansion, aiming to reduce reliance
A flurry of activity on transfer deadline day finished with frozen out England wingers Raheem Sterling and Jadon Sancho finalising loan deals with rival Premier
The naira closed the week negative after a bumpy ride in the foreign exchange markets. The local currency remained under pressures due to an intermittent back
Oil traded positive in the global commodities market due to expectation of an increase demand in the United States. Latest report showed a decrease in US crude