Author: Marketforces Africa

Federal Government(FG) earned 741.48 billion dollars from oil and gas between 1999 and 2000.

The Senate ad hoc committee probing alleged uneven disbursement of loans to MSMEs by the Development Bank of Nigeria

In a shift from the existing pattern, the Nigerian National Petroleum Corporation (NNPC) limited …

The equities segment of the Nigerian Exchange (NGX) rises further on Tuesday amidst the Central Bank of Nigeria’s

CBN Hikes Interest Rate to 16.5% As inflation fighting gets dirty, the Central Bank of Nigeria’s (CBN) monetary policy committee has adopted a consensus to raise its benchmark interest rate by another 100 basis points after two days meeting that ended today. The monetary policy rate (MPR) has been increased to 16.5% from 15.5% in line with Broadstreet analysts’ consensus and the International Monetary Fund, IMF, expectation in a fight to curb the worsening consumer price index. At its last meeting for 2022, the Committee reviewed the developments in the global economy and domestic environment, particularly the war in Ukraine,…

FGN Bonds, Nigerian Treasury bills yield (NTB) and open market operations (OMO) bills curve …

Brent crude futures rose more than 1% to above $88.5 per barrel on Tuesday, having fallen more than 5%…

The equities segment of the Nigerian Exchange popped higher again on Monday, pushing year-to-date return

It was a great spectacle to behold as the Christmas and Yuletide season came to life at the 2022 Zenith Bank Christmas

The average yield on Nigerian Treasury bills (NTB) declined as holders offloaded sizeable amounts