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.

NGX Ends the Week in Red, Market Cap Falls to N55.13Trn Despite about N147 billion gain on Friday, the equities market ended the week in red due to bearish or strong sell side activities in the local bourse. The week belongs to sell side traders seeking early profit as big banks extend the date for their first half earnings results. The Nigerian Exchange (NGX) All-Share Index dropped by 1.16% week-on-week, settling at 95,973.45 points  from 97,100.31 points the previous week.  Also, the year-to-date return was 28.35%, and the market capitalization ended the week at ₦55.13 trillion. The local bourse was…

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Oil Dips as Markets Price in Rate Cut Expectation, Ceasefire Oil dipped in the global commodity market on Friday as market price in the US Fed rate cut expectations, and the latest round of negotiations for a ceasefire between Istreali and Hamas was held in Egypt. The international benchmark Brent crude traded at $77.94 per barrel on Friday, down by around 2.2% relative to the closing price of $79.68 a barrel on Friday last week. West Texas Intermediate (WTI), the American benchmark, traded at $73.83 a barrel at the same time on Friday, a decrease of about 3.7% from last…

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