- 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
- Binance bStocks Hits $500m in AUM as Investors Turn to Tokenised Stocks
- Sterling Financial Rallies Against Market Tide, Ranks Among NGX’s Top Gainers
- Apple Beats Q3 Earnings Expectations, EPS Surges 29%
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.
Equity market cap drops to ₦11.11 trillion amidst COVID-19 fear. Today, the domestic equities market declined 243bps to 21,330.79 points following sell-offs in MTNN (-10.0%), ZENITH (-5.2%) and GUARANTY (-3.0%).
COVID-19: Economist Tasks FG on price control, says this is bad time to print money. Due to rising cases of coronavirus and activities lockdown, an economist has said that Federal Government, FG, shoulder consider price control measure to reduce burden on the citizens.
Coronavirus – Fact Check: COVID-19 is NOT airborne. The World Health Organisation (WHO) has stated that the virus that causes COVID-19 is mainly transmitted through droplets generated when an infected person coughs, sneezes, or speaks.
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FX Market: Naira depreciates on rising cases of COVID-19. Exchange rates depreciated by ₦30 week on week (w/w) at the parallel market amid rising cases of COVID-19, poor inflow into external reserves.
VP, Lagos announce Wellvis, Prunedge, Infodemics others to fight COVID-19
AfDB raises $3 bn social bond to combat coronavirus. The African Development Bank (AfDB) has raised three billion dollars three-year bond to help alleviate the economic and social impact of Covid-19 pandemic in Africa. The bank’s Communication and External Relations Department made this known in a statement on Friday.
COVID-19: FBN announces e-learning solution to solve educational challenges First Bank of Nigeria, in partnership with government, other stakeholders has announced decision to rollout e-learning solution for students as COVID-19 spreads. The Chief Executive Officer of First Bank of Nigeria, Dr. Adesola Adeduntan, said the bank has chosen to solve education challenges facing parents by putting in place complementary efforts. In a release, FBN’s CEO said the Bank has concluded plans with the necessary authorities to enable as many children as possible to access the e-learning solutions. Adeduntan said this following the activation of the Bank’s Business Continuity Process and…
Fidelity Bank bolsters earnings; beats analysts’ consensus estimates. Fidelity Bank Plc has set quite a steep performance record as the leading retail lender bolster earnings to beat consensus analysts’ estimates.
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