- Nigerian Naira Falls Slightly to N1368 on Light FX Liquidity
- Prices of Oil Fall as Markets Reprice Supply Risk -Weekly Update
- XRP Climbs after SBI Holdings Valued Stake in Ripple at $41.2bn
- BNB Price Dips after Binance Launches Gold, Silver Option Trading
- Bitcoin Price Falls as Strategy Plans $5bn BTC Sell to Fund Dividend
- NGX All-Share Index Declines as Investors Book Profit
- XRP Slips as New York Files Lawsuit Against Prediction Platform
- Transcorp Hotels Shareholders Barely React to H1-2026 Earnings
Author: Marketforces Africa
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Fixed Income: Liquidity to Dictate Market Direction. Vetiva Capital’s analysts said system liquidity will dictate the behaviour of the participants in the fixed income market this week.
Nigeria records 544 new cases of COVID-19, total infections now 28,711 Nigeria has recorded 544 new COVID-19 cases, a development which has taken the country’s total infection tally to 28,711. The Nigeria Centre for Disease Control (NCDC) disclosed this on its official twitter handle on Sunday. NCDC said that as of July, 5. 2020, 544 new confirmed cases and 11 deaths were recorded in the country. The health agency added that no new state has reported a case in the past 24 hours. According to it, till date, while 28,711 cases have been confirmed, 11,665 cases have been discharged and…
World Bank Financial Policy Priorities in Response to COVID-19. The World Bank Group expectations for financial policy priorities in responses to coronavirus pandemic is contain in its document and detail the following:
“Upward Price Review of PMS Signposts Sustain Deregulation”. Analysts at Chapel Hill Denham (CHD) has said the recent upward review in prices of petroleum motor spirit (PMS) otherwise call petrol signposts sustained deregulation.
Chike-Obi Appointed Fidelity Bank Chairman as Ebi Retires. Fidelity Bank Plc. on Sunday announced the appointment of Mr. Mustafa Chike-Obi as the Chairman of the bank.
DBN: Rolled Out Contacts for SMEs, Startup Loan Applications. The Development
COVID-19: NCDC reports 454 new cases of infection. The Nigeria Centre for Disease Control (NCDC) has reported 454 new cases of Coronavirus (COVID-19) in the country.
“Nigeria’s Multiple Exchange Rate System Likely to Stay”. Nigeria’s multiple exchange rate is more likely to stay in the short term, says Fitch in its Sub-Saharan Africa outlook.
Nigeria to Open Airspace to Domestic Flights on July 8. The Minister of Aviation, Sen. Hadi Sirika, on Wednesday in Abuja said domestic flights that had been suspended since March 20, would finally resume on July 8.
For Okomu Oil: Analysts say Rebound is on the Horizon. Quite a number of operators in the fast moving consumers’ goods sector with inelastic or at least partial inelastic demand are enjoying border closure.