- XRP Price Rises as Ripple Deepens Korean Bank Ties
- UBA Shares Attract N2.045bn in Transaction Value
- NCC to Leverage DBI’s ITU Recognition to Advance Digital Literacy
- Access Holdings Slips, Drives 50.54% of Shares Traded on NGX
- Equities Investors Lose N91bn as Nestle, Cadbury, Oando Dip
- NVIDIA Tokenized Stock Gains on Equity Momentum, Buyback
- SpaceX Tokenized bStocks Climbs 4% on “Super Intelligence” Catalyst
- Cardano Price Climbs 12% after RealFi Protocol Mainnet Launch
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 global crypto market cap slid by 3.66% to $2.54 trillion as bitcoin price fell below $70,000. According to data from Coinmarketcap.com, the total crypto market volume over the last 24 hours reached $91.6 billion, which represents a 12.53% increase over the day.
Premium Trust Bank Limited posted N9.334 billion as profit, according to its summary financial information for 18 months audited by Deloitte & Touche Chartered Accountants.
The naira ended the week in red against the dominant US dollar in the foreign exchange market as demand and supply continues to test effectiveness of Nigeria’s willing buyer, willing seller FX policy.
The Federal Government said it has offered organised labour N62, 000 which is equivalent to 42 US dollar at N1476 exchange rate as the new national minimum wage for workers in the country.
The Economic and Financial Crimes Commission (EFCC) has arraigned three men before an Ikeja Special Offenses Court for allegedly stealing the sum of N3.5 billion from Access Bank.
The Nigeria Governors’ Forum (NGF) says though a new minimum wage is due, the proposed N60,000 is not sustainable. NGF’s Acting Director on Media and Public Affairs, Hajiya Halima Ahmed, in a statement on Friday in Abuja, sympathised with the labour unions in their push for higher wages.
Gov. Ademola Adeleke of Osun on Friday presented N4 billion bond certificates to both state and local government retirees in the state.
The Competition and Consumer Protection Tribunal has fined the prominent Pay-TV operator, Multichoice Nigeria, owners of DSTV, GOTV, ₦150 million for disputing the court’s jurisdiction, and ordered the company to provide Nigerians with a one-month free subscription to its subscribers.
Treasury bills yield crashed by 48 basis points in May due to increase buying interest spurred by rates repricing in the primary market. The Central Bank of Nigeria (CBN) has made investment in Treasury bills lucrative for some individuals, corporates and especially deposit money banks.
FCMB Plc has indicated in its most recent regulatory filing on the Nigerian Exchange (NGX) that it expects the group profit after tax to reach N21.211 billion in the third quarter of the 2024 financial year.