- NEAR Protocol Dips 10% Over Alleged Stolen Patented Technology
- XRP Seeks Catalyst to Halt Downtrend, Breaks Below $1.30
- Bitcoin Drops to $80.5k on Spot ETFS Outflows, AI Stocks Rout
- Naira Touches N1,395 to US Dollar as FX Order Book Surges
- Nigeria’s Gas Reserves Rise 3% to 215.29 Trillion Cubic Feet
- Oil Prices Edge Higher, Brent Rises 5% Week-on-Week to $115
- FirstHoldco Soars on Earnings Beat, Otedola, RC Hold 50% of All Shares
- XRP Upside Rises to 35% as Ledger Upgrade Delayed to Nov.
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.
Polaris Bank announces Innocent Ike as Acting MD/CEO. The Board of Polaris Bank Limited and Asset Management Corporation of Nigeria (AMCON), the Bank’s shareholder, has announced the appointment of Mr. Innocent Ike, as the Acting Managing Director/CEO of Polaris Bank Limited, effective Sept. 1.
CBN Grants 9mobile Payment Service Bank License. The Nigeria’s central bank has granted 9mobile, a challenger telecom company, payment service bank licence. 9PSB (Payment Service Bank), a subsidiary of 9mobile, says it has been granted approval by the apex bank to commence operations in the country
NSE to Remain Positive amid Tier-1 Banks Earnings Releases
Naira Remains Resilient as CBN Sets to Resume FX Sales to BDCs. Nigeria’s local currency, Naira, maintained strong position this week amidst the apex bank plan to resume its weekly intervention sales.
We See Stronger Market Recovery if CBN Solves FX Illiquidity – Analysts
Berger Paints: Uninspiring Earnings to Dampen Shareholders Return –Meristem
Banks’ Provisions for Retail FX Auction Could Pressure Funding Rates
AFDB President seeks a second term “to serve Africa”
KPMG to Release Digital Channels Ranking for Nigerian Banks. KPMG Professional Services, says it will release Digital Channels ranking for Nigerian banks to urgently scale up on capabilities to deliver products and services via digital channels.
Oil: U.S Output Cuts, China Trade Deal Raise Brent Prices. Brent crude oil prices rose on Wednesday, lifted by U.S. producers shutting most of their offshore output in the Gulf of Mexico ahead of Hurricane Laura and optimism over China-U.S. trade talks.