Author: Marketforces Africa

Capital inflows into Nigeria has remained subdued due to lack of flexibility in the pricing of the currency

Adamu Edward, a member of the Monetary Committee (MPC) has hinted that there are no quick fixes

Lafarge Africa Plc. (WAPCO) 9-month of financial year 2020 showed that revenue performance turned out to be stronger

First Bank of Nigeria Limited will host an SME webinar themed “Rebuilding your Business”

₦5tn Debt: Justice Dongan-Mensem Wants Arms of Govt. to Support AMCON The President of Nigeria’s Court of Appeal, Honourable Justice Monica Dongban-Mensem and the Administrator of the National Judicial Institute (NJI), Honourable Justice R.P.I Bosimo, OFR (Rtd) at the weekend called on the Nigerian judiciary to realise the need for speed in dispensing cases involving the Asset Management Corporation of Nigeria (AMCON) and its recalcitrant obligors that come before their honourable courts. The duo however maintained that that justice must be dispensed within the ambit of the law. Similarly, Ahmed Kuru, Managing Director/Chief Executive Officer, AMCON also reiterated the fact…

If the nation’s debt continues to grow at the current pace over the next two years

Projected declined in remittance is negative for Nigeria’s currency pairs against others,

In the foreign exchange (FX) market, the Nigerian local currency, Naira, depreciates against dollar

‘Low Yields: Asset Managers Must Take Risk to Generate Positive Returns’ With the outlook firmly pointing toward continuation of the financial repression strategy and single-digit fixed income yields, an investment firm, Chapel Hill Denham, has said that local asset managers have been advised to take risks and go out of their traditional comfort zone to generate positive real return. Chapel Hill Denham made the submission in its fixed income market research note, as the investment firm noted that fixed income market yields hit a record low last month despite growing social unrest. It said as social unrests dominated headlines over…

Stock market rally has lifted year-to-date return to 15.55% as market capitalisation expanded to ₦16.207 trillion.