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.

Meta to Appeal $220m Fine by FCCPC – WhatsApp

Fintech

Meta to Appeal $220m Fine by FCCPC – WhatsApp WhatsApp says its parent body, Meta, will be appealing the $220 million fine imposed by the Federal Competition and Consumer Protection Commission (FCCPC) regarding its violation of Nigeria’s data privacy laws. The organisation, Whatsapp, said this in a statement made available on Saturday in Lagos. It said: “We disagree with the decision today as well as the fine and Meta will be appealing the decision. “In 2021, we went to users globally to explain how talking to businesses among other things would work and while there was a lot of confusion…

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Airtel Africa Hits 52-week High Amidst London Share Buyback

MarketNews

Airtel Africa Hits 52-week High Amidst London Share Buyback Telecommunication company, Airtel Africa Plc, has breached another resistance in its market value, trading at a 52-week high after a fresh rally pumped its share price higher on the Nigerian Exchange. Airtel Africa’s market valuation inched near N8.27 trillion due to the latest rally as investors showed strong interest in the telecommunication company’s shares on the Nigerian Exchange ahead of its second quarter of 2024 earnings release.  According to data from the domestic bourse, Airtel’s share price climbed by 4.76% to close the trading session at N2,200. In absolute terms, the…

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Airlines’ Blacklist Allegation Inaccurate, Maligning – Operators

Uncategorized

Airlines’ Blacklist Allegation Inaccurate, Maligning – Operators The Airline Operators of Nigeria (AON) has said that a report alleging blacklisting of some Nigerian carriers by international aircraft lessors for breach contract was inaccurate and maligning. This is disclosed in a statement by AON and signed by its spokesperson, Prof. Obiora Okonkwo, on Thursday in Lagos. According to Okonkwo, Nigerian airlines have consistently worked very hard to meet their contractual obligations with lessors in spite of a challenging business environment. Okonkwo said that two of the airlines – Air Peace and Azman – mentioned in the report, by a national daily,…

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Equities Market Nears N57 trillion as Investors Gain N263bn

News

Equities Market Nears N57 trillion as Investors Gain N263bn The Equities market capitalisation of the Nigerian Exchange (NGX) inched near N57 trillion mark on Thursday following a huge daily gain of about N263 billion in the local bourse. The NGX All-Share Index ended positive at 100,503.21 points, posting a gain of 0.47%. The market saw buying interest in some mid- to high-capitalized stocks, including UCAP 9.92%, OANDO 9.76%, and AIRTELAFRI 4.76%, among others. In its market update, Atlass Portfolio Limited spotted that the disparity between the indicators was a result of the delisting of three listed companies on the Nigerian…

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