- NVIDIA Tokenized bStocks Down on Broader Crypto Selloffs
- XRP Lost 7% as Investors Take Quick Profits in Altcoins
- Naira Climbs as Interbank FX Turnover Declines by 80%
- Nigerian Exchange Indicators Surge as Investors Gain N779bn
- 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%
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.
Mr Francis Dufay, the Chief Executive Officer (CEO), Jumia, a Pan-African e-commerce platform
The Nigerian Navy on Sunday returned a Norwegian-registered vessel, MT Heroic Idun, caught attempting to steal Nigeria’s crude oil
Dr Akinwumi Adesina, the President African Development Bank (AfDB), says fuel subsidy is killing Nigeria’s economy
Nigerian lawmaker has passed a bill seeking to amend the Central Bank of Nigeria (CBN) Act
FGN Bonds Yields Drop as Liquidity Spurs Rally Nigeria’s bond market rallied on Thursday in the secondary market as a healthy liquidity level in the financial system spurred demand for debt instruments amidst inflation concerns. With pockets of cash available, there was moderate demand in the secondary market. On the other side, some investors rebalance their portfolios in a bid to optimise return. “Inflation and weak local currency are downsides to optimal asset portfolio construction for most asset management or fund managers at the moment but there is a possibility for higher return when the government demands increase”, an investment…
The Nigeria Extractive Industries Transparency Initiative (NEITI) has announced its readiness to release
The equities market backtracked on Thursday following as investors reacted to a 50 basis points increase
The heads of the IMF, OECD, World Bank, and WTO today announced the launch of a Joint Subsidy Platform (JSP)
EU Risk Board Seeks Limit on Leverage Bets on Crypto Assets European Systemic Risk Board says authorities should curb leveraged bets on crypto assets by introducing limits for investment funds, exchanges, and other firms to stop shocks in that industry from jeopardizing financial stability elsewhere. It was one of several recommendations made by the European Systemic Risk Board, which ranged from demanding regular reports from all companies involved with crypto assets to introducing specific rules for the largest firms in that space. It follows a tumultuous 18 months for that industry, during which the price of bitcoin dropped as much…
Britain’s Office of Gas and Electricity Markets on Thursday unveiled a new and lower quarterly energy price cap