- XRP Hovers at $1.30 as Ripple Says Customers, Partners Increase 3x
- Sterling Financial Bolsters Earnings, Grows Profit by 37% to N97.28bn
- South African Rand Steadies as Investors Digest Fed Rates Decision
- 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
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.
Sterling Bank, SMEDAN to Create SME Database Sterling Bank has signed an agreement with the Small & Medium Enterprises Development Agency of Nigeria (SMEDAN) to establish a comprehensive database of Small and Medium Scale Enterprises (SMEs) in Nigeria. In a statement, the bank said this will help in scaling intervention programs and providing tailored solutions that truly contribute to the growth of SMEs. The signing ceremony took place in Lagos, where the Chief Executive Officer of Sterling Bank, Mr. Abubakar Suleiman, expressed his optimism about the collaboration. He emphasised that genuine collaborations, driven by opportunity rather than regulation, often yield…
Equities investors trading highs and lows in the Nigerian bourse recorded more than N421 billion gain
United Bank for Africa (UBA) has unveiled the UBA Braille Account Opening Form, designed specifically …
The Nigerian Naira appreciated against the United States (U.S.) dollar in the Investors’ and Exporters’ foreign
Federal Government of Nigeria (FGN) has revealed a plan to raise N1.2 trillion from the local debt capital market
Nigerian Insurers Association (NIA), on Tuesday, said that the volume of premium recorded by its member companies
Nigerian institutional investors’ position in the bond market has remained active as Foreign Portfolio Investors
After a decision to unify its multi-tiered exchange rates, foreign currency has not started flowing …
An estimated spike in imported inflation is expected to top discussion at the monetary authority’s meeting …
T-Bills Rally On Sizeable Market Liquidity, Yields Slump Fixed income investors resume buying bills in the secondary market for the local Treasury Bills market after weekend selloffs ahead of the Central Bank of Nigeria’s (CBN) primary market auction tomorrow. Sizeable liquidity in the financial system pushes interest on short-term instruments higher. However, market investors have started to weigh the multiple impacts of rising inflation, and weak local currency on naira assets. Last week, the Nigerian Treasury Bill started with notable selloffs, pushing the average benchmark yield to 6.46% on Monday. However, the market remained relatively quiet for the rest of…