- Nigeria’s 20-Year US Dollar Bond Yield Falls to 8.50%
- UK, Nigeria Seek Investment in Small Hydropower Projects
- Fidelity Bank Redeems $400 Million Eurobond at Maturity
- Oil Prices Ease on Hope of Fresh US-Iran Talks, Brent Dips to $110
- Excess Liquidity in Banking System Eases to N8.6trn, Rates Diverge
- Naira Sustains Rally as Interbank FX Turnover, Deal Counts Dip
- FG Pays N1.2trn Power Debt, Targets 19,000MW Transmission Capacity
- XRP Jumps as Ripple, Coinbase Partner to Expand Access to RLUSD
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.
In a bid to reduce fiscal pressures, Egypt has signed contracts to sell stakes in state assets worth a total of $1.9 billion
Dangote Cement Plc gained 9.27% Tuesday after the company announced a decision to repurchase its own shares from shareholders,
FBN Holdings slumped on Tuesday as its shareholders offloaded some shares following Oba Otudeko’s significan
In a strategic move to create a market for hedging capital market risks, FMDQ Group
The Nigerian naira saw significant daily depreciation at the Investors’ and Exporters’ foreign exchange (fx) window
A Chinese firm, Sailun Tyres, says it is working toward helping Nigeria sustainably develop its economy
The Nigerian National Petroleum Company Limited has restated plans to issue its Initial Public Offer (IPO)
The Nigerian Exchange (NGX) equities segment recorded more than N580 billion daily gain
Ecobank Nigeria Limited has written FBN Holdings Plc, the parent company of First Bank of Nigeria Limited …
CardinalStone Sees 47% Upside in Ecobank Equities research analysts at CardinalStone Partners Limited have estimated a 47% upside potential in Ecobank Transnational Incorporated (ETI) on an expected spike in earnings per share and steady dividend payment in 2023. Following a rally in the stock market on Monday, the Pan African lender (Ticker: ETI) crossed N310 billion at N16.9 per share spread over more than 18.349 billion shares outstanding. In its latest update on the banking industry, CardinalStone is expecting the group earnings per share to hit $1.3 in the financial year 2023, higher than its actual performance in 2022. With…