Author: Marketforces Africa

Equities market capitalisation of the Nigerian Exchange (NGX) declined by N132 billion as investors reduced their shareholdings

 The Securities and Exchange Commission (SEC) has pledged to work with the Economic and Financial Crimes Commission

Nigeria Begins 2024 Oil Block Bidding Round The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has commenced the bidding process for 2024 oil block licensing round. Mr Gbenga Komolafe, Commission Chief Executive, NUPRC, announced this at the Miami, Florida, International Roadshow for the 2024 licensing round, hosted by the NUPRC, in collaboration with Petroleum Technology Association of Nigeria (PETAN). The commission said the 2024 block licensing round would last for approximately nine months. Komolafe, while unveiling the bidding round, said the exercise which was initially announced in April 29, 2024, was a significant leap in the strategic hydrocarbons development initiative. He…

Small and Medium Enterprises (SMEs) in the country have been advised to embrace Artificial Intelligence (AI) technology to grow their businesses. Founder

China has accused U.S. President Joe Biden of slapping new tariffs on Beijing as part of his re-election campaign and threatened retaliation.

Fitch Ratings has revised its outlook on the long-term issuer default ratings (IDRs) or creditworthiness of five Nigerian banks…

The International Monetary Fund, IMF, said so far, the fund has extended about $1.3 billion to support Zambia’s economic reform, details from an official

Oil prices edged higher amidst global economic uncertainties on expectation that demand in China and US would

The Federal Government says it plans to empower at least 5,000 Corps members with N10 million each to fund their

The Kano Area Command of the Nigeria Customs Service says it generated N40.8 billion in revenue between