- 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.
TRACIT warns about fake, falsified, substandard medical products and medicines
FBNH reflates earnings as group completes balance sheet repair program
COVID-19: Chloroquine phosphate 250mg tablets is fake, NAFDAC warns. The National Agency for Food and Drug Administration and Control (NAFDAC) has warned that Astral pharmaceutical phosphate 250mg tablets with fake NAFDAC No: 028060 is fake.
FG seeks $3.5bn from IMF, AfDB to support 2020 budget
The pandemic is no time for fiscal distancing. These are very difficult days, as the world faces one of its worst challenges ever: the novel coronavirus pandemic.
Banks to take sharp earnings haircuts as economy battles virus. Not as a result of lack of competitive strengths but banks are expected to take sizeable haircuts in earnings performance in 2020 earlier guided.
Nigerian Breweries goes to market to raise ₦48bn commercial paper. Amid rising cases of coronavirus, Nigerian Breweries Plc said its commercial papers will be opened for subscription on Monday as the company seeks to raise up to N48 billion.
Negative credit rating to pressure FG’s Eurobond plan as public debt hits ₦27.4trn. Experts have said that Eurobond issuance will be difficult due to recent Nigeria’s sovereign credit rating downgrade, and while at it public debt hits ₦27.4 trillion.
Oil price: OPEC+ ministers to talk via Video on Monday. In an attempt to stabilize global prices of oil, the Organisation of Petroleum Exporting Countries (OPEC) minister will engage via video conference on Monday.
Banking sector non-performing loans drop by 41% in 2019. The banking sector assets quality improved significantly in 2019 as non-performing loans (NPL) ratio nosedived by 41%.