- 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.
The average yield on Nigerian Treasury Bills declined as fixed income investors hedged against rising inflation
Nigerian banks have been directed by the Central Bank of Nigeria (CBN) to stop effectively immediately
The Central Bank of Nigeria (CBN) has stopped 100% foreign currency repatriation by International Oil Companies
The aggregate market capitalization of the Standard and Poor’s 500 (S&P 500) index companies grew 18.5% from $36.5 trillion
Fitch Ratings has downgraded Ecobank Nigeria Limited’s credit rating to ‘CCC+’ from ‘B-‘
The Nigerian troubled local currency, the naira, recorded an unimpressive daily gain in the official foreign exchange
Fitch Ratings said it has again kept First City Monument Bank’s (FCMB) credit rating under rating watch negative
The equities capitalisation of the Nigerian Exchange (NGX) inched close to N57 trillion
The leading pan-African e-commerce platform. Jumia, posted a 52% year-on-year decline in pretax loss to $99 million
Reps to Sanction MDAs for Treasury Single Account Violation The House of Representatives Public Accounts Committee (PAC) has resolved to sanction Ministries, Departments, and Agencies (MDAs) of government over violation of the Treasury Single Account (TSA). Rep. Bamidele Salam, Chairman of the Committee, said this at the resumed hearing of the committee in Abuja. The Committee also summoned Governor of the Central Bank of Nigeria (CBN), Mr Yemi Cardoso, Minister of Finance, Wale Edun and representatives from Office of the Accountant-General of the Federation, to appear before it on Feb. 20. The committee is investigating alleged leakages and non-remittance of…