- NCDMB to Launch Oil and Gas Trainers Certification
- Naira Depreciates, Touches N1392 on FX Liquidity Shortfall
- ACCI Seeks Reforms to Boost FCT Free Zones for Economic Growth
- $125bn in Vessel, Cargo Value Await Passage from Persian Gulf – Allianz
- Dangote, BUA Cement Drag NGX Index, Investors Lose N3.64trn
- XRP Price Crashes as Lending Platform Strobe Finance Shut Down
- South African Rand Softens, Stronger Dollar Weighs on EM Currencies
- AI Stocks Sell-Offs Drag US, European Benchmark Indexes
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.
Global credit rating agency, Fitch, has upgraded Coronation Merchant Bank Limited’s (CMB) Long-Term Issuer Default Rating (IDR) to ‘B-‘ from ‘CC’, as well as
The Nigerian naira is projected to recalibrate in the foreign exchange market on expected decline in US demand for fuel imports payment in 2024.
N180bn Electricity Debt: EEDC to Disconnect Government Houses, CBN, Others
MultiChoice Nigeria says it will appeal Friday’s ruling of the Competition and Consumer Protection Tribunal in Abuja, which awarded a N150 million fine against it for challenging the court’s jurisdiction.
Ecobank, Oando Drive Midday Gain in Nigerian Exchange
The average yield on Nigerian sovereign Eurobonds or the US dollar bonds dipped slightly in the international debt market as foreign portfolio investors (FPIs) increased their portfolio holdings.
The Nigerian naira rose against the US dollar slightly in the foreign exchange market as FX liquidity pressure reduced. Eligible FX demand at the Nigerian autonomous foreign exchange market undercuts total volume of US dollar liquidity at the window,
The average yield on Nigerian Treasury bills crashed to 21% in the secondary market on Tuesday following an increased position across the curve. The buying momentum was supported by a surge in liquidity levels following inflows from matured OMO bills in the market.
Airtel Africa Plc.’s market valuation or capitalisation was unchanged despite large transactions conducted on the telecommunications stock.
The Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) have suspended their industrial action – over a lack of consensus on a new minimum wage