- 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
- AVA Capital’s NGX Debut Opens New Investment Window, Market Eyes Thin Free Float
- May & Baker Margin Expansion, Balance Sheet Strength Drive H1 Earnings Despite Flat Revenue
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.
CBN Quarantines ₦2.3 Trillion from Banks’ Deposits in 9 Months. The Banking Sector ability to create credits is threaten follows a humongous amounts that the apex bank sterlised from operators deposits periodically.
Africa’s Coronavirus Cases Now Over 200,000, says WHO. The World Health Organisation (WHO) says confirmed Novel Coronavirus (COVID-19) cases in Africa now more than 200,000.
Unity Bank Returns to Profitability in 2019, Stays Positive in Q1. After protracted delay in releasing its audited scorecard, Unity Bank Plc on Wednesday declared gross earnings of N44.59 billion for the financial year ended Dec. 31, 2019.
Africa Development Bank Vice President Blanke Resigns. Dr Jennifer Blanke, the African Development Bank (AfDB), Vice President for Agriculture, Human and Social Development, has resigned her appointment.
NSE Depreciates ₦62.6bn as Large Cap Stocks Dominate Losers Chart. Bear returns pulled back the Nigerian Stock Exchange key indicators as profit taking reversed yesterday’s rally.
Staggering Demand for BUA Cement Bolsters Q1 2020 Earnings. BUA Cement Plc bolstered earnings performance on the back of 20% year on year growth in volumes, from 1.1 metric tons (MT) to 1.3 MT.
Investment: Are You Planning to Buy Treasury Bills? If you are risk averse, investing in Treasury Bills will match your profile. It is very unlikely to lose your investment. Meanwhile, the income from investing in T-Bills is tax free, so interest received is not subject to withholding tax.
Gains in BUACEMENT, DANSUGAR, UBA Strengthen Market Performance
The Nigerian Stock Exchange performance rose after the trading session yesterday due to capital appreciation in large cap stocks.
FSDH Bullish on Top Names in FMCG, Banking, Telecom Sectors. Analysts at FSDH is showing love to top names in the banking, FMCG and Telecommunication sectors in addition to United Africa Company of Nigeria (UACN) Plc in its top stocks pick.
Nigeria Fail to Comply With Oil Production Cut in May. Nigeria failed to fully comply with oil production cut as required by the Oil carter in an effort to stabilise global crude oil prices.