- XRP Target Price Shifts as Ripple Eyes $16trn Payments Volume
- CBN Mops Up N4.8trn from Two High-Ticket OMO Bills Auctions
- Dangote Cement Opens at 19% Discount to 52-Week High
- FirstHoldco Surges by10% as Investors Buy the Dip
- Zenith Bank Rallies as Investors Chase Upside Potential
- AI, Machine Learning Transform Nigeria’s Power Sector- NDPHC CEO
- State Police Should Take Off After 2027 Elections – Peter Obi
- Proposed Textile Import Ban May Hurt Economy, Jobs – CPPE
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 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…
Ghana’s finance minister Ken Ofori-Atta said on Thursday that the depreciation of the cedi …
Nigeria’s economic growth slowdown by 65 basis points in the third quarter of 2022 amidst uncertainties.
The International Monetary Fund, IMF, says that strengthening the performance of the agricultural sector
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The House of Representatives on Wednesday grilled key players in the Nigerian oil and gas space including Shell Petroleum
Nigeria Launches New Naira Notes Nigerian President Muhammadu Buhari presented a set of new naira notes on Wednesday, saying the design would make them harder to counterfeit and replacing old notes would help control liquidity in an economy where the most money is held outside banks. Under a plan announced last month, the Central Bank of Nigeria (CBN) will start issuing the new notes to the public from Dec. 15. People have until Jan. 31, 2023, to hand in their old notes and get replacements or place their money in bank accounts. “There was an urgent need to take control…
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The Federation Account Allocation Committee (FAAC) has shared N736.782 billion to the three tiers of government ….