- XRP Rallies as Ripple Unveils XRPL Lending Protocol Plan
- Naira Rallies as Interbank FX Turnover, Deals Count Decline
- Dangote, Aradel Selloffs Drag NGX Index, Investors Lose N2.4trn
- EU Cuts Steel Import Quotas to Protect Industry
- NGX Delivers 47% Return as Investors Gain N48trn in 6 Months
- US Lifts Restriction on Anthropic’s Claude Fable, Mythos 5
- NCC Pushes Faster Fibre Rollout, Says Broadband Key to $1trn Economy
- FG to Launch Platforms to Enhance Transparency, Track Performance of MDAs
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.
Exchange Rates: The Nigerian naira appreciated to N738 per United States (US) dollar
The market value of all stocks listed on the Nigerian Exchange (NGX) dropped by more than N35 billion
The Nigerian National Petroleum Company (NNPC) Limited has signed up as a participant in the United Nations Global Compact
The Nigerian Maritime Administration and Safety Agency (NIMASA) says it is set to re-opening …
Gov. Alex Otti of Abia has expressed readiness to reshape the hospitality industry and tourism sector through creative strategies to boost the state’s economy. Otti said this on Thursday during a meeting with members…
Naira Pops to N770.71 as Demand Pressures Reduce The Nigerian naira popped to N770.71 per United States (US) dollar and other major foreign currencies on Wednesday after two days of losing streaks as a result of reduced FX demand pressures at the official market. A major challenge for naira performance is the fact that foreign investors have maintenance distance from Nigeria as FX backlog estimated at about $10 billion owed to foreign interest has not been released for repatriation. Though FX analysts’ estimate showed the local currency is undervalued, the monetary authority lost a chance to achieve exchange rate convergence…
STOCK MARKET: The Nigerian Exchange (NGX) market capitalisation fell by about N13 billion midweeK
The Deputy Speaker of the House of Representatives, Rep Benjamin Kalu, said the parliament would enact laws
Energy Transition: Global Leaders Dump Nigeria’s $10bn Investment Target Global leaders have reneged on their promises to invest $10 billion dollars in Nigeria’s energy transition plan targeted to achieve net zero emission, according to Gabriel Aduda, the Permanent Secretary of the Ministry of Petroleum Resources. Aduda expressed concern over the failure of global leaders to invest approximately 10 billion dollars in Nigeria’s net-zero and energy transition plans by 2060 at the ongoing World Petroleum Congress (WPC) on Wednesday in Calgary, Canada, with the topic ‘What Does The Energy Transition Mean for your Country’. According to him, various global leaders at…
The Managing Director of the Niger Delta Development Commission (NDDC), Dr Samuel Ogbuku has said that the commission