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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.
Zenith Bank Plc represents a secure investment opportunity in the Nigerian stock market, Futureview Financial Services
Amidst rising pressures on asset quality, Nigeria’s premier non-interest lender, Jaiz Bank Plc has estimated N1 billion
BUA Group’s key subsidiaries –Foods and Cement- listed on the Nigerian Exchange now have a combined market valuation
At DMO Auction, PFAs, banks other authorised market participants exhibit weak investing sentiments …
Exchange rate: The Naira slumped against the dominant foreign currencies despite the fact that the United States
Equities analysts at Apex Asset Limited have placed Zenith Bank shares on its buying bucket…
The Nigerian Exchange (NGX) equities market capitalisation shed by more than N409 billion…
Prof. Umar Danbatta, the Executive Vice-Chairman of the Nigeria Communications Commission…
NNPC, Indorama Partner on 800mscf Gas Supply, Industrialisation GAS: The Nigerian National Petroleum Company Ltd. (NNPC Ltd.) has signed a Memorandum of Understanding (MoU) with Africa Indorama Energy Petrochemical Ltd. to supply 800 million scuffs of gas to promote industrialisation in Nigeria. Malam Mele Kyari, Group Chief Executive Officer, NNPC Ltd., said this during the signing of the MoU in Abuja on Saturday. He said the aim of the MoU was to ensure that Nigeria’s abundant gas resources were harnessed. According to him, the project is expected to contribute a common revenue of 3.8 billion dollars annually to the Gross…
AfreximBank Balance Sheet Expands by 8% to $30bn African Export-Import Bank (AfreximBank) has expanded its balance sheet size by 8% in the first half of the year to more than $30 billion, the multilateral financial institution said in its consolidated financial statements. The results demonstrate a strong and resilient performance, which was ahead of expectations, the group said in its performance scorecard following surging disbursements. AfreximBank Group’s total balance sheet assets grew by 8% from US$27.9 billion as of 31 December 2022 to approximately US$30.1 billion as of 30 June 2023. The growth was driven by the increase in loans…