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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 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
Oil prices dipped on Tuesday following China’s 5% gross domestic product growth (GDP) target for 2024.
Benchmark yield on Nigerian government bonds steadied at 17.25% due to cold trading activities in the secondary market