Author: Marketforces Africa

Due to a relatively improved US dollar supply, the pressures on Naira eased moderately at the official foreign exchange ….

The market capitalisation of the Nigerian Exchange (NGX) declined by more than N183 billion …

Top food producer, Flour Mills of Nigeria (FMN), Plc seeks to raise N49 billion from commercial paper issuance

Afrinvest Mutual Funds only requires a minimum of N50,000 investment with an uncapped upside despite its diluted risk profile. Again, the mutual fund has delive

Equities investors gained about N101 billion in the Nigerian stock market as the local exchange opened in the green

The market prices of the Federal Government of Nigeria bonds declined as investors offloaded naira assets

Ahead of the Central Bank of Nigeria (CBN) monetary policy committee (MPC) meeting on February 26,

Nigeria achieved a rare occurrence in the foreign exchange (FX) markets with zero gap between official and parallel market rates

Analysts have lauded credit growth in the private sector of the economy, noting that costs of lending however remain downside to the year 2024 outlook.

Fitch Ratings kept Mozambique’s sovereign credit rating at ‘CCC+’, reflecting elevated government debt levels, weak public financial management, low GDP per