- Iran Plans to Restore 3mbpd Oil Production in 60 Days
- Aradel Grows Profit by 192%, Declares N23 as Final Dividend
- Dangote Cement Sells 64% of Production Volume to Nigerians
- Naira Tumbles as Interbank FX Turnover Drops by 43%
- XRP Rises as HKIMR Recognises Ripple for Cross-Border Payment
- ETC- Ethereum Classic Gains 6% on Listing Speculation
- Bitcoin Climbs, JP Morgan Says BTC Trades Below Mining Costs
- Equities Investors Lose N939bn as Banking Index Tumbles
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.
Fitch Ratings has affirmed Oyo State’s creditworthiness or Long-Term Issuer Default Rating (IDR) at ‘B-‘ with a positive outlook.
Egypt’s inflation rate rose to 26.5% in October 2024 from September’s 26.4%, the Central Agency for Public Mobilization
Bitcoin Nears $80,000 as Buying Interest Heats up Crypto Market Market price of Bitcoin (BTCUSD) has surged near $80,000 at the last look today amidst sustained buying interest in the cryptocurrency markets. Ethereum (ETHUSD) price has also climbed, with Solana (SOLUSD), Cardano, Dogecoin and XRPUSD making similar uptrend. BTCUSD is trading at $79.700 range, while ETHUSD is above $3200, SOLUSD is near $206… As prices of top digital assets increase, market capitalisation of all the cryptocurrency has expanded above $2.7 trillion mark. Latest data obtained from CoinMarketCap.com showed that the global crypto market cap has increased by 4.79% to settle…
The Operatives of the National Drug Law Enforcement Agency (NDLEA), have seized tons of illicit drugs in Lagos, FCT…
The equities market capitalisation of the Nigerian Exchange (NGX) reduced by more than N118 billion week on week
Oil Prices Up as Market Expects Iran Export to Slow Oil prices saw a weekly gain due to U.S election win would impact Iran supply, while the market anticipates ceasefire discussion could start making headway on Donald Trump wins. Iranian oil exports dipped in October as Tehran loaded fewer cargoes waiting for the Israeli retaliatory attack for Iran’s missile strike, and they are expected to further slide next year when Donald Trump returns to the White House. Analysts believe that Trump’s election victory could snap the recent rises in Iranian oil sales as the president-elect is expected to ratchet up…
The future of the naira looks bleak under the current administration as the authority appears to have given preference to growing the nation’s external reserves
The U.S. Justice Department has accused Iran of plotting the assassination of President-elect Donald Trump….
Fitch Ratings has affirmed Stanbic Bank Kenya Limited’s (SBK) Long-Term Issuer Default Rating (IDR) at ‘B’ with stable outlook
The Nigerian Exchange (NGX) kept uptrend as investors recorded about N189 billion gain in the market on Friday.