- Tech, AI Stocks Drive Global Equities Markets Recovery
- Nigerian Eurobonds Dumped as U.S. Yields Hit 24-Year High
- Excess Liquidity in Banking System Keeps Money Market Rates Stable
- European Gas Prices Climb on LNG Supply Concerns
- Oil Prices Decline as G7 Plans to Release 100m from Reserves
- OKX Applies to SEC to Launch Tokenised Stock Trading Platform
- XRP Price Tops $1.52 Ahead of Ripple XRPL Protocol Upgrades
- Stanbic IBTC Profit Surge Masks Major Shift in Earnings Mix
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.
Dual-listed telecom company Airtel Africa Plc traded at a 52-week high on the Nigerian Exchange (NGX), with 3.578 billion outstanding shares valued at N12.489 billion.
The Nigerian Exchange (NGX) market capitalisation dipped by N366 billion over the last five trading sessions, as investors painted the Broad Street in red.
WHO Urges Pandemic Preparedness World Health Organisation (WHO) Director-General Dr Tedros Ghebreyesus has urged Member States to finalise the Pathogen Access and Benefit-Sharing annex, warning that global preparedness for future pandemics remained inadequate without immediate agreement. Speaking on Saturday during closing remarks at the 79th World Health Assembly, Ghebreyesus said, “Without the PABS annex, the world is not truly ready for the next pandemic,” citing Ebola and hantavirus outbreaks. He said the week-long assembly adopted resolutions on diagnostic imaging, emergency care, haemophilia, neglected tropical diseases, precision medicine, radiation, stroke, transplantation and tuberculosis, alongside reforms targeting the global health architecture system.…
Fitch Ratings has affirmed the United Arab Emirates’ (UAE) Long-Term Issuer Default Ratings (IDRs) at ‘AA-‘ with a stable outlook, according to a rating note released by the agency. UAE’s ‘AA-‘ rating reflects low consolidated government debt, strong net external asset position and high GDP per capita.
Gov. Alex Otti of Abia says his administration has completed 414 road projects, covering 864.12 kilometres across the state in the last three years. Otti disclosed this at his May media chat held on Friday night at the renovated Okpara Auditorium, Umuahia.
Afreximbank Records 25% Rise in Q1 2026 Net Income The African Export-Import Bank (Afreximbank) has announced a 25 per cent growth in net income for the first quarter of 2026, driven by strong lending activities, disciplined balance sheet management, and improved profitability. A statement issued by Vincent Musumba, Communications and Events Manager, Afreximbank, on Friday stated that the financial result was for the three months that ended March 31, 2026. According to the statement, the performance underscores its resilience and strong deal execution in a challenging global operating environment. It stated that the Group expanded its lending activities in Q1…
Togolese authorities and the International Monetary Fund (IMF) reached a staff-level agreement on economic policies and reforms to complete the combined third and fourth reviews of the authorities’ economic reform program supported by the Extended Credit Facility (ECF) arrangement.
Lagos Maintains Stable Debt Profile as Revenue Hits N2.6trn The Lagos State Government says it maintained a stable and sustainable debt profile in 2025 while generating a record N2.6 trillion in revenue, representing a 16 per cent increase from the N2.3 trillion recorded in 2024. The Commissioner for Finance, Mr Abayomi Oluyomi, disclosed this during the 2026 Ministerial Press Briefing commemorating the seventh year of the administration of Gov. Babajide Sanwo-Olu at the Bagauda Kaltho Press Centre, Alausa, Ikeja. Oluyomi said the state’s fiscal stability was driven by prudent financial management, disciplined borrowing, digital tax reforms and sustained revenue diversification…
The Federal Government (FG) has reiterated that implementing the Nigeria First Policy in the automobile sector will create jobs, attract investment, and boost local manufacturing.
One of the top Nigerian lenders, GTBank Limited, has set a $20,000 quarterly spending limit on its naira debit card, according to a check by MarketForces Africa.