- Crude Oil Prices Decline on Renewed US-Iran Negotiations
- U.S. Dollar Index Slips Ahead of Key Economic Data
- 10-Year U.S. Treasury Yield Hovers Below 5%
- Nigeria Money Market Braces for ₦800bn Treasury Bills Auction
- Excess Liquidity in Banking System Rises to N6.94trn, Rates Mixed
- Fitch Affirms Ireland at ‘AA’ Rating with Stable Outlook
- DMO Raises N2trn from Bonds to Fund Nigeria’s Budget Deficit
- XRP Rises as Investors in Korean Markets Bet on Altcoins
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 local businesses are facing intense pressure as macroeconomic indicators continue to drop sharply. Companies’ earnings are under threat as a result of the
Telecommunications giant, MTN Nigeria Plc, experienced strong buying interest in its shares
Transcorp Power Plc experienced a sustained increase in its market price on the local bourse
The share price of Guaranty Trust Holding Company (GTCO) Plc accelerated by 18% over …
FBN Holdings has become the second largest financial institution on the Nigerian Exchange…
Zenith Bank Plc recorded about 17% share price growth ahead of the Tier-1 lender’s financial year 2023 earnings release.
NEM Insurance Jumps by 21% on Good Earnings Forecast NEM Insurance Plc gained about 21% as the company’s earnings forecast attracted buying interest from investors. The insurance company saw its share price climb to N6.65 over a week from N5.50, an increase of 21.9% week on week. The gain lifted the insurer’s market valuation to N33.36 billion, details from the Nigerian bourse revealed. NEM Insurance is expecting its profit to settle at N8.288 billion at the end of the first half of the financial year 2024. The financial services company stated that its revenue from insurance services is expected to…
The Executive Board of the International Monetary Fund (IMF) has approved a Resilience and Sustainability Facility
Equities investors gained N2.1 trillion over the last five trading sessions on the Nigerian Exchange …
US Senate Refuses To Fast-Track TikTok Bill A bill that would force the sale of TikTok from its Chinese owners or see it banned in the United States will move cautiously in the US Senate, key lawmakers said, after it sailed through the House. The bill’s whirlwind House passage on Wednesday, and its backing from US President Joe Biden, had raised alarm bells that the app, used by 170 million people in the United States, could be shut down within months. But hopes from TikTok’s foes that the Senate could also move quickly were dashed, with key senators saying they…