Author: Marketforces Africa

The equities segment of the Nigerian Exchange (NGX) shrinks by about N164 billion due to selloffs ,,,

Unity Bank Share Price Spikes 36% on Heavy Positioning

NASD Securities Exchange investors net worth has declined by about 4% from the opening investment value …

Oil prices rose on Friday as a slowdown in inflation in the US eased concerns about the Federal Reserve’s…

The equities segment of the Nigerian Exchange, NGX, records gains as investors position strongly in shares

Fitch Ratings has downgraded Nigeria’s Long-Term Foreign-Currency Issuer Default Rating

UK Economy Declines 0.2% Britain’s gross domestic product (GDP) which measures the size of the economy declined by 0.2% in the third quarter of the year 2022 according to official data which is expected to represent the start of a lengthy recession. A Reuters poll of economists had pointed to a bigger contraction of 0.5% in the gross domestic product in the third quarter. The Bank of England said last week that Britain’s economy was set to go into a two-year recession if interest rates rose as much as investors had been pricing. Even without further rate hikes, the economy…

The average yield on Nigerian Treasury bills has declined below 11% a day after the Central Bank of Nigeria …

The equities segment of the Nigerian Exchange was lifted higher by more than N253 billion on Thursday

The Minister of Industry, Trade and Investment, Otunba Richard Adebayo on Thursday said the Federal Government