Author: Marketforces Africa

As foreign exchange losses continue to impact earnings performance negatively, companies operating in fast fast-moving consumer goods (FMCG) sector are facing

Foreign currency inflows into the Nigeria FX market declined by more than 39% in January 2024 amidst US dollar shortage that has forced the monetary

Tripple Gee and Company Plc led the gainer chart on the Nigerian Exchange (NGX) as its share price increased by 42%.  The packaging and container company’s

Year-to-date return inched near 40% as the equities market capitalisation of the Nigerian Exchange (NGX) hit N57 trillion following buying interest on value

The market value of Geregu Power Plc jerked up to N1.42 trillion after the company’s 2023 earnings beat. Its profit climbed by about 58% year on year to N16.052

Currency speculators have rough days in the foreign exchange market following exchange rate unannounced exchange rate swings at the official market

Fitch Ratings has affirmed Cote d’Ivoire’s Long-Term Foreign-Currency (LTFC) Issuer Default Rating (IDR) at ‘BB-

The Central Bank of Nigeria (CBN) has denied a plan to convert US dollar domiciliary accounts to naira

The Minister of Power, Mr Adebayo Adelabu says the Federal Government is to set up a committee to resolve

The Nigeria Customs Service has adjusted the exchange rates for import duties on goods coming to the country.