- 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.
‘Benjamin’ came to the market yesterday as Etransact International, Secure Electronic Technology Plc,
Accounting for about 40% market share, MTN Nigeria remains the most preferred telecom service provider
The average yield on the Federal Government of Nigeria (FGN) bonds moved in a mixed direction
In the foreign exchange market, the naira holds its previous position against the United States dollar
FBNH Halts Uptrend After Earnings Downturn Equity tracker: FBN Holdings Plc’s uptrend has slowed down after a more than 10% year-on-year decline in its earnings per share in the financial year 2022, according to its results. However, the group saw a strong profit jump in the first quarter of 2023 despite the naira redesign crisis. Data from the Nigerian Exchange showed that the group market valuation has fallen below N500 billion due to selloffs by unimpressed equity shareholders of the company. MarketForces Africa’s review indicated that the financial service company’s single largest shareholder Femi Otedola sold a large part of…
The Nigerian Exchange (NGX) declined on Wednesday following selloffs in Airtel Africa.
The National Union of Banks, Insurance and Financial Institutions Employees (NUBIFIE)
The Nigerian Exchange (NGX) stopped loss on Tuesday as equities investors’ buying sentiment drove the market
The Nigerian Treasury bills (NTB) market recorded a cold outturn again as local deposit money banks …
In an uneasy forex marker calm, the Nigerian naira traded steadily against the United States (U.S) dollar