- 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.
Ahead of Central Bank of Nigeria’s (CBN) debits on local lenders’ cash reserves balance today
Nigerian Exchange Gains as Traders Execute Buy Orders The equities market halted its downward trend Thursday as stockbrokers executed large buy orders. The positive share price movements on mid and heavyweight counters lifted performance indicators and year-to-date return improved. Data from the domestic bourse showed that the Nigerian Exchange (NGX) All-share index inched upward by 82.98 basis points today, representing an increase of +0.16% to close at 52,290.75. Market activities were up, as the total volume and total value traded for today increased by +89.55% and +39.36% respectively. In a market brief, stockbrokers at Atlass Portfolios Limited said approximately 1,270.13…
GCR Ratings has affirmed Stanbic IBTC Bank PLC’s (national scale long and short-term issuer ratings of AAA
Sterling Bank Plc has restated its inflated earnings; profit performance for the financial year 2021
Nigeria’s tier-2 lender, Sterling Bank Plc, posted N19.298 billion annual profit for the financial year 2022
Federal High Court Stops Seplat Energy from Holding AGM A Federal High Court, Abuja has restrained Seplat Energy Plc from holding its Annual General Meeting (AGM) fixed for May 10 pending the hearing and determination of the substantive matter. The company shares have been flattish at N1115.30 in the last seven days. Some market analysts said the Nigerian Exchange appear to have suspended trading on the indigenous energy company’s share due to an ongoing crisis that rocked the board room. Seplat is facing multiple challenges, which analysts have predicted will affect half-year results. Justice Inyang Ekwo, in a ruling, directed…
The Federal Government on Wednesday in Abuja approved the implementation of the National Blockchain Policy for Nigeria.
The National Association of Microfinance Banks has restated the commitment of the micro lenders
There were signs of recovery in the Nigerian private sector in April as the cash crisis eased, S&P Ratings
The Board of Trustees of the Aliko Dangote Foundation has resolved to be fully involved in the evacuation