- Afreximbank Welcomes Africa’s Credit Rating Agency AfCRA
- Sterling Financial Re-enters NGX at N77 After Share Reconstruction
- Ghana Approves Formal Application to Join BRICS
- Anthropic’s $2trn IPO Puts AI’s Circular Money Machine on Trial
- Oil Prices Edge Higher on Supply Shock, Brent Rises 4%
- UN Unveils $78m Lifeline for Africa’s Great Green Wall
- Nigeria Emerging as One of Africa’s AI Hubs – World Bank
- IEA Members to Accelerate Strategic Oil Reserves Release
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.
Oil prices increase further ahead of the U.S. election. Prices of crude oil have advanced in the global commodities market
Access Holdings Grows Total Assets by 54% to N41trn in Q3 Access Holdings Plc grew total asset by 54% to N41. 1 trillion at the end of the third quarter of the financial year 2024, it unaudited report for the period showed. The financial results highlight the group’s continued growth momentum, emphasising resilience and sustainable performance as the Group works to deliver solid returns for its shareholders, it said in an official statement. Gross revenue for the nine-month period rose by 114.5% year-on-year, climbing from N1.6 trillion in 2023 to N3.4 trillion in 2024. Interest income, a major driver of…
Banking Names, Oil Stocks Drag NGX Index Down The Nigerian Exchange (NGX) index dipped during the intraday trading session as investors opened the trading session in a negative mood. Trading records revealed that the local bourse has started to bleed again in the new week. NGX lost N1.22 trillion over five trading sessions due to investors picking profit on stocks that recent reported positive price appreciation. Again, investors have started to sell down stocks as part of portfolio rebalancing. At mid-day, the NGX All Share Index trended downward, reflecting a loss of -0.54%, Alpha Morgan Capital Limited. Stockbrokers said the…
Equities investors lost N1.22 trillion in bearish trades that lasted for five trading sessions on the Nigerian Exchange (NGX) platform last week.
Zamfara Government said it has received $2.5 million from Saudi Arabian Donor Agency to support internally displaced persons with humanitarian challenges.
Equities investors lost more than N225 billion on Thursday as October trading activities on the Nigerian Exchange (NGX) ended in red.
Lafarge Africa grew profitability by about 53% year on year to N60.076 billion on the back of improved sales and efficient cost management
NNPCL Increases Pump Price of Petrol in Lagos, Abuja The Nigerian National Petroleum Company Limited (NNPC) has once again adjusted the pump price of petrol. The new price, effective immediately, is N1,025 per liter in Lagos and N1,060 per liter in Abuja. Aliko Dangote, chairman of Dangote Group, blamed the persistent shortages and long queues at filling stations across Nigeria on marketers’ failure to lift the products from his refinery. Speaking in an interview with correspondents at the Presidential Villa, Abuja on Tuesday, he emphasized the refinery’s capacity to meet the nation’s fuel demands. He urged fuel retailers to take…
The Nigerian government raised $900 million from the local US dollar domestic bond offered to retail investors.
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…
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