Author: Marketforces Africa

Amidst a debt management office auction, the local bond market traded on a quiet note while investors …

Mr Jean-Marc Cordier, a former Vice President of the Abu Dhabi National Oil Company (ADNOC) …

Tax administrators must keep up with the dynamics occasioned by disruptive new technologies of the 21st century

The average on Nigerian Treasury bills crossed 5% in the secondary market after the Central Bank (CBN) …

Nigeria’s External Reserves Drop amidst Scarce FX Inflow Nigeria’s external reserves decline to $36 billion as the Central Bank of Nigeria (CBN) reported an outflow of more than $300 million in a week amidst scarcity of foreign currencies inflows. The outflow occurs as the apex bank maintains its foreign exchange market intervention to keep the local currency, the naira, strong against primary currencies like the US dollar, the British pound sterling, and Euro among others. Nigeria is yet to meet its 1.8 million barrels per day quota as a member of the Organisation of the Petroleum Exporting Countries (OPEC) and…

Pan African lender, Ecobank Transnational Incorporated, ETI, lost 10% of its market valuation to strong

Ahead of the monetary policy committee (MPC) of the Central Bank of Nigeria (CBN) meeting this week

Stanbic IBTC Holdings Plc will be paying more than N45 billion as a total dividend to shareholders

Diversified financial service company, FBN Holdings Plc, share price declined by 2.7% over the last

Santam, South Africa’s leading short-term insurer, has entered into an alliance with MTN South Africa