- Nigerian Naira Gains 4.7% in 7 Months, Nears Fair Value
- Interbank Rates Mixed as Banking System Liquidity Sinks by 21%
- Bitcoin Rebounds as Michael Saylor Clarifies Strategy’s $5bn Sale Claim
- CPPE Seeks Reform of Development Finance
- Conoil Profit Rises Six Folds, Margin Expands
- Trump Halts Planned Iran Strike Amid Peace Push
- XRP Gains as Ripple Releases $1bn from Escrow Before Protocol Update
- EU Begins Wider Enforcement of AI Act From Aug. 2
Author: Marketforces Africa
MarketForces Africa, a Financial News Media Platform for Strategic Opinions about Economic Policies, Strategy & Corporate Analysis from today's Leading Professionals, Equity Analysts, Research Experts, Industrialists and, Entrepreneurs on the Risk and Opportunities Surrounding Industry Shaping Businesses and Ideas.
The Nigerian stock market plunged over sustained bearish pattern as sell-offs on counters persisted
The gilt-edged market records stable average rate on Treasury Bills as the Central Bank of Nigeria (CBN) set to hold ₦50.9 billion Primary Market Auction (PMA) Wednesday.
Reps. Ask NAICOM to Suspend Recapitalisation of Insurance Companies The House urged the National Insurance Commission (NAICOM) to suspend the proposed Dec. 31, 2020 deadline for the first phase of the insurance companies recapitalisation. The House of Representatives has called for suspension of the proposed recapitalisation of insurance while noting the development in the economy. This followed a unanimous adoption of a motion by Rep. Benjamin Kalu (APC-Abia) at the plenary on Tuesday. Kalu said that the National Insurance Commission (NAICOM) was established by the National Insurance Commission Act 1997 as the primary regulator for the insurance sector. He said…
Nigerian banks’ asset quality is expected to weaken over the next 12 months-18 months, Fitch Ratings says in a new report
IFC, a member of the World Bank Group, in partnership with Kobo360
The Federal Government has agreed to slash the pump price of Premium Motor Spirit (PMS), known as petrol, by N5 from Monday next week.
Nigeria’s total trade grew by 34.15% in Q3, 2020 compared to Q2, 2020 but declined 8.85% compared to Q3 2019, according to data from the National Bureau of Statistics (NBS).
Afrinvest has said that ₦25 billion Edo State River Jamieson Special Purpose Vehicle series 1 bond issuance is now open.
The Ministry of Industry, Trade and Investment is collaborating with the World Bank
Yields on gilt edge instruments maintain uptrend in the fixed income market on Monday,