- EU Cuts Steel Import Quotas to Protect Industry
- NGX Delivers 47% Return as Investors Gain N48trn in 6 Months
- US Lifts Restriction on Anthropic’s Claude Fable, Mythos 5
- NCC Pushes Faster Fibre Rollout, Says Broadband Key to $1trn Economy
- FG to Launch Platforms to Enhance Transparency, Track Performance of MDAs
- Tax: Lagos Chamber of Commerce Seeks One-Month CIT Filing Extension, Waiver
- Oil Prices Increase on US, Iran Back-and-Forth Negotiations
- BOI, Kuramo Capital Sign Deal on $170m iDICE Funds Management
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.
MultiChoice, Rapyd, and General Catalyst announced a joint venture to develop payment platform
Nigeria’s President, Bola Ahmed Tinubu says the era of subsidy payment on fuel has come to an end.
President Bola Tinubu says subsidy regime will end with the commencement of his administration.
TotalEnergies, operator of oil mining licence (OML) 130 in Nigeria, announces the renewal of the production
The House of Representatives on Sunday passed a bill extending the implementation of the capital aspect of the 2023 N819 billion supplementary budget from June 30 to Dec. 31.
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…