- 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.
President Bola Tinubu has issued a directive to reduce the size of Nigeria’s official delegation to the forthcoming United Nations General Assembly (UNGA)
A payment processing platform, eTranzact, has emerged as Africa’s Most Innovative Payment Services Company of the Year 2024 at the African Brands Innovators
The National Assembly says it will support the Federal Inland Revenue Service (FIRS) through the repeal of obsolete tax laws and re-enactment of new ones
The Lagos State Government has expressed its commitment to improve the revenue and efficiency of the Lagos State Ferry Service (LAGFERRY).
Court Forfeits Emefiele’s $2.04m, Properties, Investment in Shares The Federal High Court in Lagos has ordered the interim forfeiture of a cash sum of $2,045m linked to the former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele. Justice Akintayo Aluko also ordered the interim forfeiture of seven landed properties linked to the suspended CBN Governor. The lands are listed as: “two fully detached duplexes of identical structures, lying being and situated at No. 17b Hakeem Odumosu Street, Lekki Phase 1, Lagos; an undeveloped/bare land, measuring 1919.592sqm with Survey Plan No. DS/LS/340 LYING, being and situate at Oyinkan Abayomi…
Naira Reclaims Value as FX Market Liquidity Tightening Eases The Nigerian naira reclaimed value, appreciated by 1.36% day on day in the foreign exchange (FX) market as demand and supply positions favoured the local currency on Thursday. While the naira recorded gain after downhill movement in the previous, the nation’s foreign external reserves dropped further. The successive daily decline in gross external reserves balance may not be unconnected to huge FX auctions. Some analysts are of the view that the a significant portion on the country’s foreign exchange reserves has been pledged for external deals including FX swap, and oil…
FBNH, Oando Drag Nigerian Exchange Down by N84 billion The equities market capitalisation of the Nigerian Exchange (NGX) declined by more than N84 billion as investors exited positions in FBNH, Oando Plc, and others on the stock trading platform. Investors continue to take profit despite the reduced inflation temperature that had prompted yield repricing in the fixed income market. Stockbroker reported that key performance indicator was lowered by 0.15% with sustained selloffs in Oando Plc, FBN Holdings and Dangote Sugar Refinery shares among other decliners. Consequently, the All-Share Index fell by 148.46 basis points to close at 97,100.36. The bearish…
Gov. Caleb Mutfwang of Plateau, has called on the Federal Government to support its efforts toward reclaiming all the mining ponds scattered across the state.
United States (U.S.) telecom provider T-Mobile has been fined 60 million dollars due to data protection violations, according to the Committee on Foreign
President Bola Tinubu and President Teodoro Mbasogo of Equatorial Guinea have signed an agreement on the Gulf of Guinea Pipeline Project,