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.
The headline inflation increased year on year to 11.61% in October 2019, from 11.24% in September 2019. The spike in general increase in prices of goods and service was informed by the rise in food index.
The table is turning at the Nigerian Stock Exchange for some Banking stocks, as market is pricing new available information. Access Bank is still sustaining its positive momentum, while others banks in Tier-I reduce their year to date losses with November gains.
Deposit Money Banks with significant investment in fixed interest earnings assets may be faced with another margin-dilutive pressure as analysts stressed that yield on Treasury bills instrument would sag strongly in the fourth quarter of financial year 2019.
At the current output of 350 thousands standard cubic feet of gas per day for the Nigerian domestic market, Seplat Petroleum Development Company
The House of Representatives has expressed concern about the huge financial loss the nation is incurring as a result of gas flaring by oil companies operating in the Niger Delta.
As myriads of challenges facing the Organisation of Petroleum Exporting Countries (OPEC) grow, analysts have advised the Federal Government to take decisive steps towards ensuring that revenue base of the nation is not threaten
In the furtherance of the Bank’s commitment to promote business ethics, professional excellence and education
Jumia has said that its efforts are geared toward taking the company forward on its roadmap to profitability, as the management said it is planning to launch JumiaPay for off-platform payments.
The nation’s gross external reserve now is less than 50% of total debt portfolio. The mathematics of the nation’s economic position is becoming worrisome.
Basel III: We are considering issuing guideline on liquidity standard -CBN. The Central Bank of Nigeria has said that it is considering issuing guideline on Basel III liquidity standard. The CBN said this in reaction to MarketForces enquiry about the implementation of the Basel III accord by deposit