Author: Marketforces Africa

The prices of crude oil in the global commodity market remained steadied on Friday as investors weighed the impacts of

China’s foreign exchange reserve increased by about 1.06% to $3.26 billion as of the end of July, according to data from the country’s forex

Dr Titus Okunronmu, a former Director, Budgetary Department, Central Bank of Nigeria (CBN), has urged the Federal

Innoson Vehicle Manufacturing Company Ltd. is partnering the Federal Government to roll out locally assembled Compressed Natural Gas

President Bola Tinubu says his administration will ensure that companies engaged in mineral exploration prioritise the health and safety of

An international NGO, ActionAid Nigeria (AAN), has inaugurated a 10-year strategic plan to spur citizens’ action toward addressing

The Minister of Budget and Economic Planning, Sen. Abubakar Bagudu, says Nigeria needs collaborative efforts of all stakeholders

Dangote group has said that the group purchases Nigeria crude oil from international traders paying extra $4 million per cargo

MTN Nigeria Attracts Investors Attention after Deal Renegotiation Telecommunication services provider, MTN Nigeria Plc, attracted equities investors’ attention on the Nigerian Exchange after the company announced the successful renegotiation of its tower lease contracts – correcting a mismatch between its revenue sources and foreign currency obligations. The share price of MTN Nigeria with Ticker: MTNN rose by 10%, the maximum allowable uptick per day, due to investors’ rapid response to the news with the expectation that the telecom company’s foreign exchange losses would decline in the coming quarters. Market value of the company rose to N4.157 trillion on Thursday at…

Equities investors on the Nigerian Exchange (NGX) saw their combine wealth increased by more than N567 billion on Thursday as MTN