Author: Marketforces Africa

The Nigerian local currency, Naira, gained marginally against the United States dollar

In the fixed income market, bullish sentiment drive bond performance

The Nigeria’s monetary policy rate has been sustained after two-day deliberation

The Organisation of Petroleum Exporting Countries (OPEC) has projected 6.2 million barrel per day (bpd) growth in oil demand in 2021.

Nigeria’s Economy Projected for Rebound in Q2-2021 Nigeria’s economy has been projected by investment analysts at Chapel Hill Denham for rebound in the second quarter (Q2) of fiscal year 2021. Looking over the how long the recession will last, Chapel Hill Denham think odds are in favour of the economy returning to growth phase and exiting the recession in next year. The gross domestic product (GDP) tanked 3.63% in Q3-2020 following disruption in the global economy, weak foreign inflow and scarce foreign exchange among other policies somersault like land border closure that has affected food prices. At the weekend, National…

Presco Plc has been noted to be in need of some sorts of balance sheet optimisation

Financial and investment bouquet services company VFD Group Plc

The fixed income market dynamics is already impacting participants investing moods, and there are signs of possible adjustment following a quiet trading week.

Real estate experts have hinted that low interest rate environment has made real estate investment

Despite the Central Bank of Nigeria’s private sector-led accelerated agriculture scheme