- Naira Rebounds as Improved FX Supply Eases Demand Pressure
- Non-Oil Sector Now Accounts for 96% of GDP, Says Tinubu
- Equities Investors Gain N328bn as Seplat, Stanbic, Champion Rally
- Afreximbank Facilitates $3bn Investment Opportunities in 21 African Countries
- U.S. Firm to Build $100m Gas Processing Plant in Bayelsa
- How Emefiele Acquired Multi Billion Naira Properties by Proxies – EFCC Investigator
- NVIDIA CEO Jensen Huang Resigns Over Alleged Affairs
- South African Rand Weakens as Dollar Gains, Precious Metals Slide
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 Federal Government says it will begin crude oil sales in Naira to Dangote Refinery and others in October.
Nigeria government targets retails investors subscription in its $500 million US domestic US dollar bond offering, Debt Management Office (DMO) said in a note.
The Nigerian naira strengthened against the US dollar in the foreign currency market on Monday, according to data obtained from the FMDQ Exchange platform.
Dangote Cement Plc lost more than N1 trillion in the market today as the company’s share price tumbled by 10% in a late hour’s sell down.
Equities market capitalisation fell by about N749 billion on Monday as investors offloaded their shares in two Dangote’s brands – the cement and sugar companies.
The Bayelsa Government said on Monday it received N10.8billion from the N570 billion grant from the Federal Governments to states.
The Nigerian National Petroleum Company Limited (NNPC Ltd.) has declared N3.3 trillion profit for the 2023 financial year.
Market Reacts as UBA Plans to Pay Interim Dividend Investors demand for United Bank for Africa (UBA) Plc shares increased on Monday on the Nigerian Exchange as the pan-African lender revealed a plan to distribute part of its profit to shareholders. The United Bank for Africa Plc has hinted at a plan to pay an interim dividend to shareholders following the release of the group’s half year audited financial statement. In a regulatory filing, the pan-African lender told the Nigerian Exchange that sequel to its announcement dated June 28, 2024, the Board of United Bank for Africa Plc at its…
NGX Sees Intraday Gain as Investors Ramp Up BUA, OANDO The equities market flexed up during the intraday trading session on Monday as buy side activities in GTCO, UBA, Fidelity Bank, and Oando boosted the Nigerian Exchange (NGX) record. After losing about N847 billion last week, the local bourse opened positive with strong buy side trading on banking names, and oil stocks. The market witnessed sell pressure on four out of five big banks, though price movement was moderate. At mid-day, the NGX All share Index trended positive, experiencing a growth of 0.40%, according to Alpha Morgan Capital Limited. Stockbrokers…
A financial expert, Prof. Uche Uwaleke, says the recently unveiled 500 million dollars FGN bond will be of immense benefits to the economy and investors.