Author: Marketforces Africa

Selloffs in MTN Nigeria and BUA Cement dragged the Nigerian Exchange equities market capitalisation downward

In a bid to sanitise the local currency market, Nigeria’s central bank (CBN) has stopped 4173 bureau de change

Dangote Cement PLC has announced a 50% increase in its final dividend to N30 for 2023

As the naira starts to heal from multiple pressures, the gap between official and parallel market exchange

The Nigerian private sector recovery gathered momentum at the start of 2024, with rates of expansion in output

The Nigerian Exchange (NGX) equities market halted its three days loss making streaks with N370 billion daily gain

NNPCL, OPEC Collaborate to Attract Investments, Grow Production The Nigerian National Petroleum Company Limited (NNPC Ltd.) and the Organization of the Oil Exporting Countries (OPEC) have pledged to work closely together to achieve the nation’s aspirations to attract investments and grow production. The two organizations came to this accord when the Secretary General of OPEC, Haitham al-Ghais, paid a courtesy visit to the Group Chief Executive Officer of NNPC Ltd, Mr. Mele Kyari, at the NNPC Towers on Wednesday. Speaking at the event, al-Ghais stated that OPEC was completely aligned with NNPC Ltd.’s vision as captured in its payoff line:…

Seplat Energy Names Udoma Udo Udoma New Chairman

Dr Aminu Maida, the executive vice chairman of the Nigerian Communications Commission

The equities market capitalisation of the Nigerian Exchange (NGX) declined further midweek due to rapid selloffs