Author: Marketforces Africa

Exchanged at N446.33 on Friday, the Nigerian local currency has crossed yet another red line as the naira struggles

Investors trading shares of unlisted companies’ on NASD over-the-counter (OTC) securities exchange …

A total sum of N53 million in prize money was won at the end of a keenly contested hackathon session …

While the outlook is accorded as stable, GCR Ratings has downgraded FSDH Merchant Bank Limited’s national scale long-term ).

Trading activities in the secondary market space ended on a mixed note after the Central Bank of Nigeria …

Amidst rising consumer price index, the South African Reserve Bank raised its benchmark repo rate …

Oil prices decreased on Thursday influenced by the impending price cap on Russian crude by G7 countries …

A Federal High Court, Abuja, on Thursday, ordered the arrest of one of the alleged brains behind the Process …

The Corporate Affairs Commission (CAC) says guidelines on the use of proxies by public companies for Annual General Meeting

NGX Puffs Up on Bargain Hunting in Airtel, BUA The Nigerian Exchange (NGX) puffs up on Thursday over bargain hunting in Airtel Africa shares, Nigerian Breweries while BUA Cement consolidates on the previous day’s gain. Stock market sustains its positive momentum following bargain hunting in ticker: AIRTELAFRI which gained 6.3% after its previous losing streak in shares of BUA Foods also gained 6.1% after yesterday’s rally. Overall, gains in stock market heavyweights pushed key performance indicators higher amidst rising inflation, interest rates and a moderately growing economy. Thus, the Nigerian Exchange All-Share Index advanced by 0.8% to close at 46,604.94…