Author: Marketforces Africa

British International Investment (BII), a UK’s Development Finance Institution (DFI) has announced a 60 million dollar trade finance facility for Access Bank and five of its other Pan-African subsidiaries.

The market prices of crude oil slid on Tuesday due to rising energy costs supported by a strong US dollar

The private sector output growth was tempered by limited demand for goods and services as a result of a continuous rise in average prices

The share price of FBN Holdings (FBNH) has plunged after the previous successive rally in the local bourse.

Nigeria Can make $20m from Launching One Satellite – NASRDA The National Space Research and Development Agency (NASRDA) says Nigeria can generate 20 million Dollars from the launch of one satellite, if it develops its Assembly, Integration and Testing Lab (AITL). Dr Halilu Shaba, the Director-General of NASRDA, in an interview with the News Agency of Nigeria on Monday in Abuja, said the agency was confident that the 25-year Space Policy Roadmap could be achieved. Part of the content of the roadmap which included launching satellites into orbit from Nigerian soil, Shaba said was crucial to the development of Space…

The Nigeria Deposit Insurance Corporation (NDIC), has declared an additional N16 billion as a liquidation dividend

The Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) have agreed to suspend

Total transactions conducted in the Nigerian Exchange declined strongly in the month of August 2023

The global oil market continues to rally as analysts see further upside ahead of the Organisation of Petroleum Exporting Countries

Nigeria recorded an increase in food prices, the National Bureau of Statistics (NBS) said in a report