Author: Marketforces Africa

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

The global crude oil market faces a negative demand outlook due to development in the United States

Beyond earnings performance, positive sentiment on FBNH has driven the financial services group market valuation to about N490 billion.

The United States dollar rises as a lack of progress in U.S. debt ceiling talks…

Nigeria’s economic growth slowdown to 2.31% in the first quarter of 2023 following failed naira redesign policy

The Federal Government says Nigerians can now request their commercial banks to issue

National Coordinator, Nigeria COVID-19 Action Recovery and Economic Stimulus (NG-CARES)