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.
After the stock market lose N1 trillion in April, the Nigerian Exchange (NGX) opened negative in …
Deloitte has once again emerged as the world’s most valuable Commercial Services brand …
Nigeria Seeks Alternative Funding Model for Oil, Gas Sector Oil & Gas: The Nigerian Upstream and Downstream Regulatory Commission (NUPRC) says the Federal Government has concluded plans to explore alternative funding models for the development of the country’s oil and gas resources. Mr Gbenga Komolafe, the Commission Chief Executive of NUPRC, said this on Monday during the opening ceremony of the Petroleum Technology Association of Nigeria (PETAN) pavilion and exhibition stand at the ongoing Offshore Technology Conference (OTC), in Houston, Texas, United States. The five-day conference has a theme: “Energy Transition and AfCFTA: Key Reforms for Sustainable Development of the…
FG Increases Levy on Imported Vehicles, Alcoholic Beverages The federal government has introduced new set of taxes on imported vehicles, alcoholic beverages and single use plastics. It has also added to the list of items banned from being imported into the country. Under the new tax regime, imported vehicles with 2000cc (2 litres) to 3999cc (3.9 litres) engine will pay an additional charge known as Import Adjustment Tax (IAT) levy of two per cent of the value of the vehicle while vehicles with 4000cc (4 litres) and above engines will attract IAT of four per cent of their value. The…
KPMG Lists Polaris Bank as the Most Improved Retail Bank The 2022 KPMG Nigeria Banking Industry Customer Experience survey result listed Polaris Bank ‘as the most improved Bank under retail segment moving up five places to sixth position and 3rd under SME segment’, with the Bank showing significant improvement in customer ratings. Many customers have praised the Bank for its personalized service, proactive approach to problem-solving, and faster turnaround times. According to the survey, the Bank significantly improved its mobile banking propositions. Customers say that onboarding and the payments experience have also improved. Businesses also rated Polaris Bank highly for…
Interest Rate to Rise Further before Hold Regime – TrustBanc GMD Nigeria’s gross domestic product (GDP) growth has been projected to taper in 2023 as Central Bank (CBN) deploys benchmark interest rate hikes as a tool to fight rising headline inflation. In a very similar pattern, the CBN and United States (US) Federal Reserve interest rate hikes have been following a similar pattern. This, according to analysts, is to make Africa’s largest nation competitive in attracting foreign investors. There have been heavy, strong and sustained flights to safe haven. Analysts told MarketForces Africa that money goes to where it is…
Nigeria Labour Congress has called for a review of civil servants’ retirement age and years of service in the entire public service
The President of the Dangote Group, Mr Aliko Dangote, has urged African countries to dismantle all barriers
Visa, a leading digital payments company, has unveiled the 2023 edition of the Visa Everywhere Initiative (VEI)
BUA Foods Profit Jumps 77% in Q1 BUA Foods Plc bolstered its profit performance in the first quarter of 2023 despite uncertainties in the economy. The food producer reported more than 77% post-tax profit in the period compared with the amount delivered in the comparable period in 2022. Though 2023 started on a negative note with myriads of macroeconomic uncertainties spooked by the scarcity of naira, the company lived above margin dilutive challenges. Details from BUA Foods Plc’s unaudited first quarter financial statement show an outstanding growth in revenue. The company reported its sales grew from N90.07 billion in the…