Author: Marketforces Africa

Despite global challenges, the European economy shows resilience, driven by lower energy prices …

As China grapples with a serious deflation threat, investors worldwide must prepare for the fallout …

Nigeria Bonds Selloffs Push Yield to 13.35%

The Lagos State Government has expressed its readiness to collaborate with the Polish Government to enhance the economic activities of the state and country as a whole.

The Nigerian naira depreciated against the United States (US) dollar on Monday at the Investors’ and Exporters’

NGX Rises by N75bn as Banking Stocks Rally The Nigerian Exchange (NGX) gained weight further as equities investors saw more than N75 billion on Monday. Though the local bourse gained N77.10 billion, trading activities had a bearish undertone. Stockbrokers said the gain recorded first day of the new week was buoyed by renewed interest in banking stocks, majorly. Consequently, the market index advanced while the rally pushed NGX’s year-to-date return to 27.48% – making the exchange one of the best performing bourses in the emerging markets. Data from the market showed the Nigerian Exchange All-share index gained 21 basis points,…

For Nigeria to attain optimum tax revenue collection capacity across the Federal, States and Local Government tax authorities, the country must make hard

Ten listed companies accounted for 77% of Nigerian Exchange (NGX) equities market capitalisation..

Amidst rising concerns by bank customers about the financial state of Heritage Bank, one of Nigeria’s Deposit Money Banks (DMBs), the bank says all is well.

Trading activities in the fixed-income securities market were mixed Thursday as investors continue to optimise …