Author: Marketforces Africa

Pan-Africanists don’t leave the game. It’s who they are. The world greets Anthony Onyemaechi Elumelu…

The National Bureau of Statistics (NBS), says the average retail price of a litre of Petrol increased from N170.42

Norrenberger, a financial services group, has taken over a controlling equity stake of 60 per cent in T

Coronation Insurance Plc. (Ticker: WAPIC) has a large haircut of 9.5% in the stock market on Monday as

Stanbic IBTC Holding Plc. lost 8.5% of its market valuation in a sweep on Monday after following the group earnings

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…