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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.
Oil prices increased on Monday ahead of the much-expected OPEC+ meeting over expectations that the group will continue its current output cuts through January.
The share price of MeCure Industries closed at N5.73 on Friday, gaining 46% from its opening price of N3.92 in the week, according to data from the Nigerian Exchange.
Despite efforts by the Nigerian government to drive growth, a tight financial condition has been named among other growth inhibit issues that would checkmate gross domestic product growth in the real term.
In Nigeria, the exchange rate gap between the official and black market has widened as US dollar challenges persist. Government effort to drive foreign currency inflow has yet to yield results.
Sun Africa LLC, an international organisation, has pledged to support the President Bola Tinubu’s administration with 2.2 billion dollars to provide vital power infrastructure for Nigeria.
The share price of C&I Leasing Plc rallied strongly, gaining about 50% over five trading sessions as equities investors showed interest in the group’s future earnings stream.
The Nigeria naira gained weight across foreign exchange markets as an invisible hand balanced demand…
The share price of Geregu Power Plc steadied over the last seven trading sessions in the stock market. .
The Chairman House of Representatives Committee on Banking and Other Ancillary Institutions …
Some experts say that the Africa Continental Free Trade Area (AfCFTA) will considerably increase African trade without adding significant pressure on climate change if fully implemented.