- 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.
US immigration restraints on Nigerians to raise FX risk, limit remittances
FMN Plc. share stays flat despite border closure driven earnings beat. Flour Mills of Nigeria Plc. beats analysts’ estimates as government policy on border closure impacted performance positively.
FCMB tops Q4 profit estimate as lender cuts impairment charge
Declining demand for Pharma-Deko products widen loss. It has been a bad time to do business for Pharm-
Derivative market: NSE, SEC Train Capital Market Operators on Legal, Regulatory Requirements
The Nigerian Stock Exchange organised a Workshop on the legal and regulatory requirements of Derivatives trading for capital market operators yesterday at the Exchange House in Lagos.
External reserves fell $57.6 million in January, edge toward resistance level. Weak inflow, high usage of dollar inflow into the nation’s external reserve has reduced the external buffer for defending the Nigeria’s local currency, naira.
CRR hike Fuels Bearish Sentiments as Average Yield Inches to 3.7%. Afrinvest, a leading investment banking firm, stated that the recent hike in cash reserve ratio fueled bearish sentiment experienced in the secondary market as average yield spikes to 3.7%.
How to use FGN Savings Bond to plan school, marriage expenses others. FGN Savings Bond for the month of February 2020 opened on Monday. You should buy if you have some cash left in your deposits account.
Strong earnings fail to lift Consolidated Hallmark share price. Consolidated Hallmark Insurance Plc, a General Business and Special Risks Insurance underwriting firm grew profit for 2019 by 56.6% to N636.934 million.
Sterling Bank after tax profit jumps 9.4% amid increase regulation. Despite an increased regulation that defines the banking sector operation in the second half of 2019, Sterling bank Plc bolstered performance as both top and bottom line expanded.