- Investors Lose N983bn in Nigerian Stock Market
- BTC, ETH, XRP Rise as Crypto Market Stages Recovery
- Oil Prices Decline as Strait of Hormuz Route Gets Busy
- Stronger US Dollar Keeps South African Rand on Edge
- Tech Stocks Rotation Shakes Global Markets as Apple Hikes Prices
- Nigerian Treasury Bills Yield Jumps 27bps on Sell Pressure
- Naira Hovers Around N1,380 as Interbank FX Turnover Surges
- XRP Dives to $1.03 as Strobe Finance Shutdown Erodes Confidence
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.
Nigerian Breweries Plc plans to raise up to N600 billion through a rights issue to address challenges posed by the Naira
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The Vice-President, Kashim Shettima, has expressed optimism that the $ 617.7 million Investment in Digital
The Private Telecommunications and Communications Senior Staff Association of Nigeria (PTECSSAN) has
Equities investors in the Nigerian stock market recorded more than N140 billion daily loss on Wednesday due to shifting market sentiment. Following some unimpressive earnings releases, there has been some investment repositioning that triggered sell pressures.
Naira Races to Beat Goldman Sachs Forecast The exchange rate appreciated further midweek as the Nigerian naira continued to claw back previous losses sustained in the forex markets. At the official window, the local currency gained 1.23% again to close at N1262.85 per US dollar. Goldman Sachs predicted early in the first quarter that the exchange rate will settle around N1200 within 12 months. Barely a month into the prediction, the local currency has maintained positive traction at official and parallel markets due to improved foreign investors’ confidence. The level of confidence exhibited continues to attract foreign currency inflows. Nigeria…
The UK’s data protection regulator has urged social media and video-sharing platforms to do more to protect children’s privacy
President Bola Tinubu signed the Students Loan Bill into law on Wednesday in Abuja.
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The Nigeria Customs Service (NCS) says it generated more than N1.3 trillion in revenue in the first quarter of 2024.