- Stock Market Shrinks Below N149trn over 3-Day Losses
- Ripple XRP Climbs on EU Market Optimism, Institutional Appetite
- Federal Govt. Needs N4.55bn to Fill PHC Vacancies- Official
- Oil Prices Lower as Saudi Arabia, Iran Ramp Up Exports
- Dogecoin Price Rises as SpaceX Inches to Join Nasdaq 100
- GCR Upgrades FCMB Ratings to A/AI, Outlook Stable
- Burkina Faso Gets Additional Loan Approval from IMF
- SMEDAN Launches N500m Zero-Interest Grow Fund for MSMEs
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.
Fitch Ratings has Kenya’s credit ratings at ‘B’ with an outlook accorded as negative, reflecting the sovereign’s large funding needs, ongoing risks to external
Africa will account for eleven of the world’s 20 fastest-growing economies in 2024, the African Development Bank Group said in its latest Macroeconomic Performa
The House of Representatives has begun an investigation into the alleged low sales of two training helicopters
Nigerian Breweries Posts N106bn as Net Loss in 2023 Nigerian Breweries Plc has recorded a net loss of N106 billion for the year ended 2023, as against N13.93 billion posted in its 2022 financials, according to its regulatory filing in the stock market. Mr Uaboi Agbebaku, Company Secretary, Nigerian Breweries Plc revealed this in the audited financial result of the company for the year ended 2023 sent to the Nigerian Exchange Ltd. (NGX) Agbebaku said the company’s gross profit for the year under review also fell by 0.3 per cent to N212.5 billion, compared to N213.20 billion posted in the…
Ruble Reacts as Russia Keeps Key Rate at 16% Russia’s central bank (CBR) Friday said its Board of Directors decided to keep the key rate at 16.00%, as expected. The rate hold follows a slowdown in consumer inflation in the country, and the ruble reacted negatively against the US dollar. Inflationary pressures have eased from the previous months but remain high, said the central bank in its policy statement. Domestic demand is still outstripping the capabilities to expand the production of goods and services. A judgment on the sustainable nature of emerging disinflationary trends would be “premature,” added CBR, pointing…
Parallex Bank Ltd. says it has introduced an advanced mobile banking application, Mobile App 2.0,
FirstBank of Nigeria Limited rewarded 930 customers today in the third edition of its ongoing four-month “Win Big Promo”
The US dollar rose against its major trading partners early Friday, except for a decline versus the euro
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