Author: Marketforces Africa

As fresh controversy grips the cryptocurrency market, the scrutiny will ultimately help to shore up the sector

The Nigerian Communications Commission (NCC) says that no fewer than 210 million Nigerians had been active mobile subscribers

Amidst scarcity of foreign currency inflows into the Nigerian economy, the Central Bank has estimated $1bn proceed

Shareholders of Nigerian Breweries Plc, Nigeria’s foremost brewing company have approved the issuance of 2.1 billion

The equilibrium position in the foreign exchange market shifted against the Nigerian local currency …

NGX Ends Rallies as Investors Dump MTN, GTCO Trading activities on the Nigerian Exchange (NGX) closed negative on Thursday with a loss of 0.13 per cent, ending a four-day rally as investors’ mood switched to profit-taking across mid and large-cap companies stocks. According to data from the local bourse, equities market capitalisation declined by N33 billion or 0.13 per cent to close at N26.343 trillion as against N26.376 trillion posted on Wednesday. Also, the All-share index shed 61.35 points or 0.13 per cent to close at 48,426.49 from 48, 476.49 recorded on Wednesday. The market’s weak performance was due to…

Ericsson, a Swedish multinational telecommunications company, has projected that 5G subscriptions …

The Minister of Mines and Steel Development, Mr Olamilekan Adegbite, says 11 companies …

Crude oil prices rise on an expected increase in demand as China eases the ‘zero-COVID’ policy …

Trading activities on Nigeria’s bond traded on a relatively flat note midweek, albeit with a bullish tilt