- Pre-Election Spending to Keep Inflation, Interest Rates Elevated – Analysts
- 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
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 Director-General, Nasarawa State Geographical Information Services (NAGIS), Mr Sonny Agassi, said the agency generated N536 million as revenue between January and April 2024.
Buying interest in Oando Plc, Nestle Nigeria, banking names, and other supporting stocks is pushing the market capitalisation of the Nigerian bourse upward. The latest rally in the stock market has been boosted by dividend payment expectations and overall positive expectations in the Lagos bourse.
Access Bank controls 17% of Nigerian banking assets in 2023, details from latest ratings note by Fitch showed. In its latest credit rating update, Fitch Ratings said it has affirmed Access Bank Plc’s Long-Term Issuer Default Rating (IDR) at ‘B-‘ with a positive outlook.
Despite a significant reduction in US stockpiles, as indicated by the Energy Information Administration’s (EIA) most recent report, crude oil prices continued to fall on Friday.
Food Crisis: Naira Purchasing Power Sinks as Prices Skyrocket
Bitcoin rally has taken cryptocurrency market cap to $2.54 trillion, according to data obtained from exchanges. The global crypto market cap surged by 0.45% day-on-day to $2.54 trillion as largest crypto asset rallied.
Dr Akinwumi Adesina, the President, African Development Bank (AfDB), says an increase in the gross domestic product (GDP) must translate to job creation for youths to ensure growth on the continent.
The Niger Delta Development Commission (NDDC) has appealed to International Oil Companies (IOCs) to pay up the whopping sum of 700 million U.S. dollars in debts they owe the commission.
In Nigeria, a young tech-savvy and upwardly mobile population is teeming, and exploring derivable benefits of digital technologies. They are propelled by rapidly expanding internet access and steady broadband penetration, currently about 43 per cent.
The Nigerian National Petroleum Company Limited (NNPC Ltd.) on Thursday announced the signing of a settlement agreement facilitating the divestment of ExxonMobil’s stake in Mobil Producing Nigeria Unlimited (MPNU) to Seplat Energy Plc.