- Oil Prices Correction Extends as US-Iran Sign Interim Deal
- South African Rand Dips on Weak Macro Indicators, US Fed Tone
- Wall Street Dips, European Stocks Rally as U.S Fed Keeps Rates
- NNPC, TotalEnergies Renew Decarbonisation Agreement
- Jito Price Slumps 10% Ahead of JTX Platform Launch
- XRP Price Drops by 4.4% on U.S. Fed Hawkish Tone
- Naira Falls to N1,360 as Interbank FX Turnover Dips by 57%
- FirstHoldco, Access, Drown NGX Index, Investors Lose N758bn
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.
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.
FBNH: Analysts Raise Price Target on Account of Solid Balance Sheet. First Bank of Nigeria Holdings Plc traded at ₦5.30 on Wednesday, though analysts have estimated price target that is more than double this market price.
Bargain Hunting Lifts NSE Market Cap by ₦60.4 billion.