- DMO Hikes Rates on Bonds to Meet N1.2trn Borrowing Target
- S&P 500 Declines as SpaceX, Alphabet, Meta Slide
- Rates Top 20% as CBN Sells N2.7trn in OMO Bills to Investors
- DeXe Price Climbs by 28% on Explosive Trading Volume
- Naira Gains as Nigeria’s Foreign Reserves Top $51 Billion
- GTCO, Zenith Bank Drive N1.52trn Gain in Nigerian Exchange
- Ethereum Price Rises as Morgan Stanley Files Low-Fee Spot ETF
- Bank of England Launches Stablecoin Rules for UK Users
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 average yield on Nigerian Treasury bills (NTB) climbed by 68 basis points as deposit money banks, and other authorised dealers in the fixed income market reduced their holdings amidst spot rates adjustment expectations.
With a plan to sell 17.7 billion shares, Access Holdings Plc has opened its rights issue to shareholders at N19.75 per share, the financial services group said at its signing ceremony held in Lagos.
The naira exchange rates worsen further across forex markets on Tuesday as the apex bank remained unfazed about the local currency’s two-week free fall. The exchange rate worsened in the official window for eligible FX demand.
Tier-1 banks drove daily gain in the equities market on Tuesday. The market capitalisation of all listed stocks climbed by about N26 billion as investors took positions in financial services stocks ahead of the second quarter of the 2024 earnings festival.
Afreximbank has signed an agreement to provide a Project Preparation Facility for the Government of the
Nigeria’s Minister of Foreign Affairs Yusuf Tuggar on Tuesday said the Federal Government would continue to
The National Centre for Technology Management (NACETEM) is developing a culture where Nigerians with capacity
Bitcoin price retreated on Tuesday after topping $63,000 in the cryptocurrencies market yesterday. The price decline in
Michael Nwabufo (aka Mike Premium), the Ambassador for the Corporate Affairs Commission (CAC),
Dr Ernest Azudialu-Obiejesi, Chairman of Nestoil Limited has called for the enactment of Local