- 147 Structures to be Affected by Coastal Highway Service Lane Construction
- Pump.fun Gains 13% as Investors Rotate Capital to Altcoins
- BEAT: Audiera Gains 30% in 24 Hours on Speculative Bets
- Fitch Affirms Uganda at ‘B’, Ratings Constrained by Weak GDP, Rising Debt
- FCMB Gains 13% as Earnings Scorecard Boosts Investors Sentiment
- South African Banks’ Strong Franchises, Diversification Underpin Resilient Financials
- AVA Capital Sees Post-Listing Gain, Hits N55bn in Market Value
- Eunisell Interlinked Earnings Momentum Meets Stock at Technical Crossroad
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.
GCR Upgrades Lafarge Africa Rating to AA+ With Stable Outlook GCR Ratings has upgraded Lafarge Africa Plc’s national scale long-term issuer rating to AA+ (NG) from AA (NG) previously, according to a recently released rating note. The rating firm also affirmed the short-term issuer rating at A1+ (NG) with a stable outlook. According to GCR, The Stable Outlook mirrors the agency’s expectation that Lafarge Africa would maintain a strong leverage and liquidity position over the next 18 months. It expects this expectation to be supported by the huge cash holding and the scale back of capital spending. “We also expect…
Bitcoin price slowed down by $225.28 or 0.85% to $26,294.47 due to retail selloffs
The African Development Bank (AfDB) and Google have formalized cooperation aimed at advancing digital transformation
The Nigerian local currency, the naira, is suffering from multiple FX market-related depression
Equities investors’ wealth dropped by about N242 billion in the first trading session in the new week as profit-taking
Oil prices jumped after Goldman Sachs predicted that crude would hit $100 per barrel in the next 12 months.
The average yield on the Federal Government of Nigeria (FGN) bonds instruments jumped moderately to 14.5%
The price of diesel has been projected to rise further following Russia’s announcement to halt exports
Stanbic IBTC Holdings has surpassed N1 trillion in market value, according to data from the Nigerian Exchange.
GCR Rating affirmed Union Bank of Nigeria Plc’s national scale long-term and short-term issuer ratings of BBB+