Author: Marketforces Africa

The Nigerian Exchange (NGX) tracks lower midday on overdose selling in banking stocks: FBN HoldingS

Nigerian Banks Halt FX Transaction on Debit Cards As the United States dollar scarcity bites harder, some Nigerian banks have reiterated the position that their customers will not be able to use their debit cards to buy online. The decision is linked to the Central Bank of Nigeria’s instruction or circular informing local lenders to protect the outflow of foreign currencies. Nigeria has been unable to raise dollar inflow into the country as crude oil production volume continues to drop, though global oil prices remain strong at an average of $100 per barrel – far higher than less than $75…

 FairMoney, the leading credit-led digital financial institution in Nigeria, engages cloud banking solution

The average yields on Treasury bills and Federal Government Bonds were steady on Tuesday as the market…

The Nigerian stock market halts days of loss-making streaks on Tuesday as buying interest improves.

DLM Capital Group has announced the successful redemption of its N1.24 billion series 1, N1.01 billion…

Brent and other oil grades see their respective prices inching higher on Tuesday over uncertainties

Ghana’s gross domestic product (GDP) rose 4.8% year-on-year in the second quarter of 2022

As global central bankers continue to combat rising headline inflation rate movements with monetary policy tightening

Prudential Zenith Life Insurance Limited has announced its audited financial results for the year ended…