- XRP Price Sinks to $0.9880 as Investors Liquidate Positions
- Crude Oil Prices Down in Week as Russian Exports Surge
- Bitcoin Falls to $67K as U.S. Yields Rise, Dollar Strengthens
- SK Hynix Tokenised bStocks Dips after HTX Announces SKHYB Listing
- Naira Closes at N1,353 Per US Dollar in Nigerian Forex Market
- DBN Inaugurates $275m Climate Finance to Boost Nigerian MSMEs
- Tinubu Flags Off $3.5bn Bakassi Deep Seaport Construction
- NGX Falls as Banking, Insurance Stocks Drag, Investors Lose N93bn
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 House of Representatives say it would take up cases of unfunded agencies by the Federal Government, in spite of the requisite appropriation and their
The market segment of the Nigerian Exchange (NGX) has continued to see positive price movement on Oando Plc following the company’s impressive oil assets
The Federal Government has signed a Memorandum of Understanding (MoU) with aircraft manufacturer, Boeing to boost the nation’s aviation sector.
On the back of sustained demand and supply imbalance, the prices of crude oil prices fell in the global commodities market even with slowdown in Libyan output.
The Federal Government has reiterated its commitment to guarantee the protection of whistleblowers from possible reprisals by handling their reports with
The Minister of Power, Mr Adebayo Adelabu, has reaffirmed the Federal Government’s dedication to providing an efficient and sustainable power supply for
The Federal Government has reiterated commitment to meet the September deadline set out for the commencement of the African Energy Bank (AEB).
The Minister of the Federal Capital Territory (FCT), Mr Nyesom Wike, says the Abuja Industrial Park, being developed by Zeberced Group, will create 40,000 jobs
Investors Bet on FGN Bond as Negative Real Return Narrows Fixed interest securities investors demand for Federal Government of Nigeria (FGN) bonds surged in the secondary market amidst hope inflation would continue to decline throughout the remaining part of the year. Disinflation that started in July has reduced negative yields on government assets, financial experts said in a Broadstreet meeting with MarketForces Africa. The gap between real returns has collapsed to less than 7% as inflation (33.40%), which caused benchmark interest rate hikes (26.75%), has started falling. Local investors have been earning negative real return on investment due to elevated…
Treasury Bills Yield Crash to 21% on Increase Demand The average yield on Nigerian Treasury bills declined further in the secondary market due to increased demand for the naira asset. The average yield contracted by 12 basis points, according to fixed income market analysts who maintained that disinflation has boosted investors’ sentiment ahead of fourth quarter primary market auctions. In a note, the Central Bank of Nigeria said N2.2 trillion worth of Nigerian Treasury bills will be refinanced in the fourth quarter of 2024. Rates on Nigerian Treasury bills remain high, though the recent past auctions have seen some pricing…