- Wall Street, FTSE 100 Surge as AI Shares Gain Momentum
- Nigeria’s US Dollar Bonds Dumped as 10-Year Yield Surges to 8%
- Nigerian Banking System Excess Liquidity Climbs to N7.31trn
- Oil Dips as US-Iran Negotiations Progress, Brent Falls to $110
- CBN Intervenes in FX Market, Injects $500m to Ease Supply Stress
- Bitcoin Falls Below $80k Ahead of Federal Reserve Rate Decision
- Naira Losses Deepen, Exchange Rate Weakens to N1,367/$US
- Equities Investors Gain N2.6trn as Dangote Cement, FirstHoldco Rally
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.
The average yield on Nigerian Treasury bills steadied at 10.21% amidst slowdown in trading activities at the space. Key market players adjusted to the new market dictates following what seems as all year round inflation rate surge.
In the foreign exchange market, the Naira showed a lacklustre performance against the US dollar,
Saudi Arabia, Russia and other major oil-producing nations have announced they would further slash production next year to prop up volatile prices.
Senate Leader, Bamidele Opeyemi, says the N9.9 trillion recurrent expenditure of the N27.5 trillion 2024
The Bauchi State Government says it has earmarked N93 billion for education and healthcare services in the 2024 fiscal year.
The African Development Bank (AfDB), has signed an additional 20 million dollar Trade Finance Facility with FSDH to support Small and Medium Enterprises (SMEs) in Nigeria.
The equities segment of the Nigerian Exchange (NGX) gained more than N44 billion on Thursday over positive price movement in Airtel Africa.
Global prices of crude oil climb as all eyes are on the decision by members of the Organisation of Petroleum Exporting Countries and allies (OPEC+) resolve on output for 2024.
Gov. Mohammed Presents N300bn Budget For 2024 to Bauchi State Assembly Gov. Bala Mohammed of Bauchi has presented a budget of N300 billion for 2024 to the state House of Assembly for approval. Presenting the proposals, tagged “Budget of consolidation and renew of focus” on Thursday in Bauchi, Mohammed assured members of the house that the budget would be fully implemented According to him, N178.8 billion Capital Expenditure of the budget represents 59.6 per cent, while N121.3 billion for Recurrent Expenditure, represents 40.4 per cent. Mohammed said that the budget was 48.2 per cent higher than the budget presented to…
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