- Naira Rebounds Against US Dollar after CBN FX Intervention
- Bitcoin Retakes $80k Price Range Ahead of US Fed Rate Policy
- Tokenized Stock Dips as Meta Priced Equity Offering at Discount
- NVDAB Rises as Investors React to Nvidia’s Meta AI Investment
- Investors Lock-in Yields Ahead of CBN Treasury Bills Auction
- NGX Rises, Investors Gain N1.75trn Amidst Q3 Earnings Release
- Dangote Cement Gains N3.896trn in 2 Days in Nigerian Market
- GTCO Profit Falls by 12% to N614.6bn as Net Margin Slips
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 global prices of crude oil slid on Tuesday as Middle East tension reduced the demand outlook
SmartCash PSB, Thunes Partner on Remittances in Naira Smartcash Payment Service Bank (PSB) Ltd, a subsidiary of Airtel Africa says it is partnering with Thunes, a cross-border payment infrastructure provider to power international remittances in Naira to mobile wallets. Mr Muyiwa Ebitanmi, Managing Director, Smartcash PSB, made the disclosure in a statement on Tuesday in Lagos. Ebitanmi said that by the development, the digital bank had become one of the first financial services providers to offer Naira payouts to wallets since the Central Bank of Nigeria (CBN) approved the payout method this past June. He explained that the partnership would…
The International Monetary Fund (IMF) says global growth is forecast to slow from 3.5 per cent in 2022 to 3.0 per cent in 2023
The market value of Tier-1 banks has plunged deeply as a result of weak buying momentum in the stock market,
The share price of BUA Cement Plc (Ticker: BUACEMENT) inched upward by the maximum daily allowable rate
Rising to 38% in September 2023, consumer price inflation is running across the streets in Egypt amidst growing economic uncertainties
Naira Depreciates by 4% as Forex Demand Increases The Nigerian naira exchange rates worsened across the currency markets on Monday amidst lingering FX challenges in the economy. At the official window, the naira depreciated by more than 4% as demand pressures shifted the exchange rate curve. Last week, the naira regained strength across the foreign exchange market as a result of a slowdown in forex pressures, supported by large inflows into the Investors and Exporters window in September. US dollar scarcity in the economy became well pronounced due to poor FX policy choice under the erstwhile governor of the Central…
The Nigerian Exchange (NGX) recorded more than N355 billion daily gain on Monday as investors queued for BUA Cement shares
The Central Bank of Nigeria (CBN), has assured Nigerians that its digital currency, eNaira posed no threat to financial stability.
Oil prices increased strongly on Monday over fresh supply concerns triggered by the conflict between Palestine and Israel.