Author: Marketforces Africa

There were riotous selling rallies in the equities segment of the Nigerian Exchange (NGX) in the just concluded week, dragging market capitalisation lower by about N242 billion.

Investors trading unlisted companies’ shares on the NASD Securities Exchange platform lost more than N23 billion to hefty selloffs in the over-the-counter (OTC) market, according to data.

The National Bureau of Statistics (NBS) stated that prices of selected food items increased in August. This is according to the NBS Selected Food Prices Watch Report for August, released in Abuja on Saturday.

Pension contributors in active employment can now pay for equity contributions for mortgage from the balance of their Retirement Savings Accounts (RSA).

The Federation Account Allocation Committee (FAAC), has shared N673.137 billion among Nigeria’s three tiers of government as federation allocation for August.

Ripple: XRP is in the news again this week following a hefty rallies due to improved sentiment after the Federal Reserve’s 75 basis points funds rates hike.

Nigeria’s leading construction giant, Julius Berger Plc, said it has established a ₦30 billion Commercial Paper Issuance Programme approved by the FMDQ Securities Exchange Limited on September 21, 2022.

Sell pressures were witnessed in the secondary market for trading the federal government of Nigeria’s ….

President Muhammadu Buhari has described the United States as Nigeria’s main trading partner…

The African Development Bank (AfDB), the Islamic Development Bank (IsDB)…