Author: Marketforces Africa

Investors’ buying interest in banking, as well as industrial stock, drove the equities segment of the Nigerian Exchange

Outlook on Ghanaian cedi depends on the ongoing credit lifeline from the International Monetary Fund (IMF)

UK Inflation Hits 41-Year High at 11.1% UK inflation hits a 41-year high last month as higher energy prices led to the consumer price index (CPI) data exceeding expectations, as well as the Bank of England (BoE) forecast for its peak. At 11.1%, the data implies a considerable squeeze on real incomes, with the pace far exceeding wages, which were confirmed to have risen 6% in the three months to September, yesterday -5.7% excluding bonuses.  The only upside is that this is expected to be as high as it gets, according to analyst notes. Of course, just as important is…

YouTube has announced its expansion efforts to support creators and the creative economy in Africa

In the aftermath of the FTX collapse, institutional investors are likely to pull back or eliminate their already-small allocations

Federal Government Bonds and Nigerian Treasury bills instruments yields were near steady levels

Federal government of Nigeria, FGN, has transferred the implementation of fuel subsidy removal to next administration

Analysts are spewing an unpopular view that the Central Bank of Nigeria (CBN) will further tighten monetary policy

The stablecoin market has stabilised since the collapse of TerraUSD, as market participants regained some…

Amidst energy crisis pressures spreading across major economies, global oil supply in October rose