Author: Marketforces Africa

The global prices of crude oil were little changed on Monday as the Organisation of Petroleum Exporting Countries

The naira has started gaining strength, and the trend cuts across the official and parallel market

Valuation: The combined market value of Nigeria’s big banks has contracted below N5 trillion

NEMA Denies Ownership Of Looted Warehouse in Abuja The National Emergency Management Agency (NEMA), has said that the warehouse that was looted in Abuja on Sunday does not belong to the agency as was reported in some sections of the media. It was earlier reported that residents invaded the warehouse believed to be owned by NEMA at Gwagwa area of the FCT to cart away foodstuffs over the current economic hardship across the nation. Some residents said youths in their number broke into the warehouse located around Tasha area of the community around 7 am, looting bags of maize and…

The Nigerian Exchange (NGX) equities market capitalisation shed more than N1.83 trillion as investors’ sentiment weakened

The monetary authority’s aggressive interest rate adjustment will end with a cumulative increase of 7.5% …

Africa’s leading credit ratings agency, GCR Ratings, has downgraded FCMB’s creditworthiness and kept group

Fitch Ratings has affirmed Uganda’s credit rating with an outlook accorded as negative

As Ivory Coast battles economic headwinds, the Executive Board of the International Monetary Fund (IMF)

2024 Shaping Up to Be a Tricky Year for Policymakers