- 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.
Manchester United (Man U) defied the odds to beat Manchester City 2-1 in the FA Cup final on Saturday. United, who finished in eighth place in the Premier
The Nigerian Aviation Handling Company Plc (NAHCO aviance) says it aims to reach N100 billion in revenue over the next five years while focusing on diversifying
FBN Holdings Plc’s (Ticker: FBNH) market value shrank by about 11% as some shareholders reacted negatively to its board of directors decision to slash final dividend by 20%.
Shareholders of the Central Securities Clearing System (CSCS) on Friday approved total dividend of N7.5 billion for the financial year ending December 31, 2023, as against N6.85 billion paid out in 2022.
Foreign investors trimmed their interest in Nigeria Eurobond in the market midweek amidst uncertainties in the global economy. Nigeria is facing turbulent time as key macroeconomic indicators continue to cast doubts on effectiveness of government policy in about a year.
The naira exchange rates diverged due to imbalance in the volume of foreign currency demanded and supplied in the forex markets. On one side, the naira recorded gain against the US dollar. At the other end, exchange rate worsened.
A raft of selloffs on Nigerian big banks, Zenith and GTCO dragged the equities market capitalisation of the Nigerian Exchange downward by N90 billion midweek following interest rate hike.
The city of Frankfurt will host the Europa League final in 2027, European ruling body UEFA said on Wednesday.
Dangote Foundation Distributes Rice to Host Communities The Aliko Dangote Foundation’s (ADF) N15 billion National Food Intervention programme has landed in Yewa Land as the Foundation commenced the distribution of 40,000 bags of rice in Ogun State. Yesterday, the 17 host communities of the Dangote Cement, Ibese plant, along with Itori, Igbogila, and Ilaro, received their share. Beneficiaries in Ibese and Araromi were accredited and received one bag each at the palace of Aboro of Ibeseland, Oba Rotimi Mulero. Ijebu-Igbo, the host communities to Dangote Granite Mines, will soon receive their allocation as the rice for the area has been…
The International Monetary Fund, IMF, said on Wednesday it was releasing a combined $164.6 million in funds