- Cardano Price Falls to $0.20 on Altcoin Sell Pressure
- Fitch Affirms France at ‘A+’ with Stable Outlook
- MTN Nigeria Dips Ahead of Scheduled Dividend Payments
- First Holdco Hits N6.6trn on 60% Distributable Profit Bets
- Navy Disrupts 2 Illegal Refining Sites in Rivers
- CPPE Raises Concern Over 234% Surge in Petrol Imports
- $947m July Remittances Highest Monthly Inflow – CBN
- Tinubu Reports Xenophobic Attacks to AU
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.
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
The Nigeria Labour Congress (NLC) has said it would picket all Central Bank of Nigeria (CBN) offices nationwide
Nigeria’s Dr Ngozi Okonjo-Iweala, Director-General of the World Trade Organisation (WTO), says trade
The Federal Reserve has hiked the fed funds target rate range 25 basis points to 4.75-5%
The Nigerian naira was exchanged at N461.50 for a United States (US) dollar Wednesday as demand slowdown
Fitch Ratings has placed Credit Suisse Group AG’s (Credit Suisse) ‘BBB’ Long-Term Issuer Default Rating
Pan-Africanists don’t leave the game. It’s who they are. The world greets Anthony Onyemaechi Elumelu…