- XRP Target Price Shifts as Ripple Eyes $16trn Payments Volume
- CBN Mops Up N4.8trn from Two High-Ticket OMO Bills Auctions
- Dangote Cement Opens at 19% Discount to 52-Week High
- FirstHoldco Surges by10% as Investors Buy the Dip
- Zenith Bank Rallies as Investors Chase Upside Potential
- AI, Machine Learning Transform Nigeria’s Power Sector- NDPHC CEO
- State Police Should Take Off After 2027 Elections – Peter Obi
- Proposed Textile Import Ban May Hurt Economy, Jobs – CPPE
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.
A syndicate of European Development Finance Institutions (DFIs) led by Proparco, including Norfund, DEG, FMO, and EFP, has
The African Development Bank (AfDB) has signed a $20 million Trade Finance Facility Agreement with FSDH Merchant Bank to
Fintiri Presents N225.8bn 2024 Budget for Adamawa Gov. Ahmadu Fintiri of Adamawa on Friday presented N225.8 billion Appropriation Bill to the state House of Assembly for 2024 fiscal year. The budget is higher than N175 billion approved for 2023. Presenting the budget tagged: “Budget of Re-engineering”, Fintiri said it would focus on the development of critical infrastructure in the state. He said the estimate included N114.5 billion capital expenditure representing 51 per cent and N111.3 recurrent expenditure representing 49.5 per cent. The governor said the budget would be finance from N68.3 billion statutory allocation; N22.2 billion Internally Generated Revenue (IGR),…
Dangote Petroleum Refinery and Petrochemicals plant has purchased 1 million barrels of Agbami crude grade from Shell International Trading and Shipping Company Limited (STASCO), one of the largest trading companies in Nigeria as well as globally, trading over 8 million barrels of crude oil per day.
The House of Representatives has rejected representatives of Central Bank of Nigeria (CBN) Governor and Comptroller General of Nigeria Customs Service insisting they appear personally person to defend their 2024 budget proposal.
FCMB Plc has released the group earnings estimate for the first quarter of 2024 (Q1), expecting
Geregu Power Plc has released the company’s earnings expectation for the first quarter of the financial year 2024, according to its latest regulatory filing.
Trading activities on the Nigerian Exchange (NGX) are trending negative due to profit-taking in banking names like FBNH, AccessCorp, Zenith Bank, and FCMB, according to Alpha Morgan Capital’s midday equity market report.
In the commodities market, there were records of development especially in the oil segment where prices have been
The Nigerian Treasury bills (NTB) yield declined by 9 basis points as investors ramped up bills in the secondary market to compensate for lost bids at the central bank primary market auction.