- Naira Losses Deepen, Exchange Rate Weakens to N1,367/$US
- Equities Investors Gain N2.6trn as Dangote Cement, FirstHoldco Rally
- Transcorp Group Delivers N111.4bn Profit in 9M-2026, Expands Margin
- SK Hynix Tokenised bStock Rises on Capital Rotation to RWA
- Micron Technology Tokenised Stock Climbs on Speculative Bets
- XRP Price, Volume Dip Ahead of Ripple’s Flagship Swell Conference
- Ethereum Price Drops on Delayed Glamsterdam Testnet Upgrade
- US, European Markets Dip on AI Concerns, Elevated Energy Costs
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.
Transcorp Hotels is booming as the hospitality company’s 10 billion shares outstanding have increased in value …
In 2023, borrowing activities gained traction in the local debt capital market as interest costs on Eurobond …
The naira exchange rate depreciated by 1.80% to close at N890.54 per US dollar at the Nigeria Autonomous Foreign…
Tier-1 Banks Shrink to N5.8Trn as Investors Rebalance Portfolios The combined market value of Nigerian Tier-1 banks declined as equities investors’ mood shifted ahead of the fourth quarter 2023 earnings festival. Access, Zenith, UBA, FBNH and GTCO share prices declined week on week, market data tracked by MarketForces Africa revealed. From more than N6.132 trillion registered at the beginning of last week, these big lenders’ combined market capitalisation dropped below N5.8 trillion on Friday. The decline in the equities market cap of the five leading deposit money banks came ahead of the company’s fourth quarter of earnings releases. Most investment…
Nigerian deposit money banks (DMBs) are expected to record a slowdown in loan growth…
Market Wrap: Fast moving consumer goods giant Cadbury Nigeria Plc’s market valuation increased…
Jaiz Bank Plc (Ticker: JAIZBANK) shares rallied by about 52% from the beginning of the year to date …
Equities Investors Gain N1.85T Ahead of Earnings Festival
The support and logistic major player in the Nigerian market, C & I Leasing Plc recorded positive movement …
The Seme Area Command of Nigeria Customs Service (NCS) on Friday evening urged the stakeholders in