- US, European Markets Dip on AI Concerns, Elevated Energy Costs
- 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
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.
President Bola Tinubu has given policy directives to improve the investment climate and position Nigeria
Earrly Investors Boost Transcorp Power Value by 33% to N2.4Trn A growing numbers of early investors that have shown interest in Transcorp Power Plc future earnings prospect are driving the company’s valuation upward as a result of strong, sutained positioning in its stocks. Transcorp Power Plc has been re-rated to about N2.4 trillion from a listing value of N1.8 trillion at the beginning of the week. The second power-generating company listed on the Nigerian Exchange was priced at N240 per share on Monday. However, early interest investors have rallied around the company with the hope that its earnings stream would…
The Nigerian naira rapid fallen has moved exchange rates closer with the gap between official and parallel market rates
The Central Bank of Nigeria (CBN) has further increased spot interest rate on 36-day treasury bills
The Nigerian Exchange equities market capitalisation rose further due to continuous demand for Transcorp names
MTN Nigeria Plc’s market valuation reduced sharply below N4 trillion to become the new fallen angel
The Nigerian naira depreciated by about 5%, crossing N1600 red line versus dominance US dollar
Foreign investors would continue to stay on the sidelines of Nigeria’s economy even after the Central Bank (CBN) clear its backlog
Investors take early profit on NASCON Allied Industries Plc despite good earnings performance in 2023
The equities market capitalisation of the Nigerian Exchange (NGX) inched higher by about N194 billion