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.
MTN showcases 5G network in Calabar. MTN Nigeria Communications Plc (www.mtnonline.com) on Thursday showcased the fifth generation network technology (5G) in Calabar to its customers ahead of its inauguration.
Experts ask NSE to diversify products, include short selling for price discovery. Some investment experts are asking the Nigerian Stock of Exchange to diversify products and include short selling for enhance price discovery in the market.
The World Bank Group (www.worldbank.org) says Nigeria is improving on the provision of digital platforms for services.
The Federal Mortgage Bank of Nigeria (www.fmbn.gov.ng) has released about N5.4 billion to some cooperative societies to build 664 houseing units.
Analysts at WSTC Securities Limited (www.wstc.com.ng) have revealed that the monetary authority’s heterodox policies are yielding results. They added that Monetary Policy Committee’s decision would attract foreign and as well retains flows.
The Monetary Policy Committee of the Central Bank of Nigeria (www.cbn.gov.ng) has hold key rates, as leadership of the apex bank wants border to remain close.
Capital import declines as investors engrave in low beat sentiment. The amount of capital injected into the economy in the third quarter of 2019 stood at $5.36 billion, the National Bureau of Statistics (www.nigeriastats.gov.ng) said.
Forte Oil Plc on Monday notified its shareholders of plans for a name change to Ardova Plc.
Average T-Bills Yield Declines to 8.7% week on week, Afrinvest, a leading independent investment banking firm says in a recent release.
Union Bank of Nigeria Plc (www.unionbankng.com) has not declared loss in the last seven years. Its earnings have been steep and steady over the years since it returns to profitability in 2012.