- 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 Central Bank of Nigeria (CBN) says it is planning to implement a new round of banking recapitalisation for the Deposit Money Banks (DMBs).
The Ekiti State government says it has increased its monthly Internally Generated Revenue …
Tata International to Expand Nigeria’s Operations Tata International is set to expand operations in Nigeria through a strategic partnership with the Lagos Free Zone (LFZ). In a statement, the company said the agreement was signed in the presence of Anand Sen, Managing Director of Tata International Limited, by Managing Director of Tata Africa Holdings Pty Ltd, Len Brand. This marks a significant milestone in the company’s commitment to the region, Tata said. With a rich legacy spanning over four decades, Tata International is a key contributor to the economic landscape of the African continent. In 2006, Tata International established operations…
The Nigerian Exchange (NGX) market capitalisation jumped by about N98 billion on Friday ….
GCR Ratings (GCR) has affirmed Fidelity Bank Plc’s national scale long and short-term Issuer ratings of A (NG) and A1 (NG) respectively. However, the lender outlook has been revised to stable from positive, according to the rating note.
Nigeria’s Gross Domestic Product (GDP) grew by 2.54% year-on-year in real terms in the third quarter of 2023, according to the latest report from the statistics office.
Nigeria is seeking to ramp up oil output as the country’s production level continues to increase. The country’s output has surged following government efforts to curb oil theft and remove bottlenecks in production processes.
A report by Cadre Harmonise (CH) has alerted that about 26.5 million people in 26 states of Nigeria will face food crisis between June and August 2024.
Amazon workers in the UK will go on strike on Black Friday – one of the busiest shopping days of the year – in a long-running dispute over pay.
The equities market has running high during the intraday trading session as stockholders appear to increase buying momentum on banking stocks. This has triggered positive price movements in banking names, a midday report released by Alpha Morgan Capital Limited shows.