Author: Marketforces Africa

The Nigerian naira declined by N7.65 at the Investors’ and Exporters’ foreign exchange (FX) window

Ahead of the second quarter of the financial year 2023 earnings release, Nigeria’s top five banks have seen their …

The equities segment of the Nigerian Exchange (NGX) has expanded further, gaining about N1.13 trillion

With a significant jump in year-to-date return, FCMB Plc shares were popular among value hunters

The Independent Petroleum Marketers Association of Nigeria (IPMAN), Ejigbo Satellite Depot, has raised alarm

President Bola Tinubu has approved the establishment of a Presidential Committee on Fiscal Policy and Tax Reforms in line with his promise to remove barriers to business growth.

FBNH Hits N729bn as Oba Otudeko Acquires 14% Stake FBN Holdings Plc hit about N729 billion in market valuation as Oba Otudeko reclaims moved to return as board chairman with the acquisition of a 14% interest in the financial services group. In a statement posted on its website, Honeywell Group Limited told regulatory authorities that it bought 4,770,269,843 shares of FBN through its affiliate company, Barbican Capital Limited. With less than 6% owned by Femi Otedola, according to an audited report for 2022, Otudeko has doubled down and possible retaliation by existing interest could push FBNH market value above N1…

Stanbic IBTC Holdings PLC, a member of Standard Bank Group and the leading end-to-end financial services

Britain’s output per hour worked declined 1.4% quarter on quarter in the first quarter, compared with a 0.4%

The imbalance between foreign currency demand and supply in the official market dragged the naira