Author: Marketforces Africa

Equities investors showed interest in NPF Microfinance Bank Plc.’s shares in the stock market last week ahead

Ikeja Hotel Plc hasn’t been in the news really and truly and definitely not among the popular stocks

Unity Bank Plc has facilitated financial literacy training in thirty-one schools across Nigeria…

The Board of Directors of Stanbic IBTC Holdings Plc announces today the appointment of Mrs. Ndidi Nwuneli

The United States (U.S) Treasury yield curve steepening shows it is behaving according to the traditional pattern

The average yield on the Federal Government of Nigeria’s (FGN) bonds traded flattish …

NGX Slumps as Investors’ Switched Trade Direction Following a late switch in market direction, the equities segment of the Nigerian Exchange, NGX, slid Thursday over selloffs in a number of, banking and Insurance companies’ shares after three days of rallies. The decline occurred following a quarterly report that indicates that the Nigerian insurance sector expanded in the fourth quarter of the financial year 2022. Today’s sell-down was driven by weaker investment as investors weigh Nigeria’s rising inflation and increased benchmark interest rate. Consequently, the Nigerian Exchange’s key performance indicators worsened while year to date performance of the local bourse moderated.…

Investors will look beyond today’s UK interest rate hikes and begin to top-up their investment portfolios with sectors

The total assets of the insurance industry stood at N2.33 trillion in the fourth quarter of 2022

The United States (US) dollar falls to a seven-week low against a basket of currencies and is likely to stay weak