Author: Marketforces Africa

Stock market capitalisation hits ₦19.805 trillion as investors continued to bet large on Dangote Cement

The fixed income market traded today largely muted as investors remained cautious amidst second wave of coronavirus.

Africa’s leading cement giant, BUA Cement has signed an agreement with Sinoma CBMI

Oil prices were down on Tuesday driven by concerns over a more contagious mutant COVID virus in the UK

Godwin Emefiele, Governor of the Central Bank of Nigeria (CBN) emphasized the need to bolster domestic supply while noting that inflation inertia may reverse as supply network improves.

Total Crypto Fund Rises More than 600% to $5.6 billion in 2020 Total investor inflows into cryptocurrency funds and products hit $5.6 billion so far this year, up more than 600% from 2019, according to the latest data from asset manager CoinShares. According to a report cited by Reuter, inflows plus the latest price moves lifted assets under management for the sector to nearly $19 billion in 2020. It recalled that Assets under management ended 2019 at just $2.57 billion. Interest in cryptocurrencies skyrocketed this year as investors saw Bitcoin as a hedge against inflation and as an alternative to…

The Nigerian Investments Promotion Commission (NIPC) has said that its Single Window Investors Portal

The Nigeria Deposit Insurance Corporation (NDIC) says it has commenced the verification..

Analysts have predicted a tighter monetary policy regime for year 2020 due to instability in average price level in Nigeria

The bond market records an upward rate repricing as benchmark yield curve expanded by an average of 16 basis points (bps) to 5.72%.