Author: Marketforces Africa

The Nigerian Communications Commission (NCC), has issued an amended Determination of Mobile…

The House of Representatives Ad-hoc Committee on Fuel Consumption has started the assessment…

The equities segment of the Nigerian Exchange (NGX) rebounds with a total gain of about N105 billion

Telecom giant Airtel Africa Plc.’s market valuation now seats at N7.666 trillion…

In the last eight months, the Central Bank of Nigeria (CBN) and Debt Management Office…

Lagos Accounts for 25% of Nigerian Economy – GCR Ratings With a relatively high yet growing debt profile, Lagos State has been noted to be contributing 25% to national gross domestic product (GDP), GCR Ratings said in a note on Wednesday, following recent upgrades to the cosmopolitan city ratings. The national scale long and short term issuer ratings of the state that houses some of the nation’s critical infrastructure were upgraded to AA-(NG) and A1+(NG) respectively, according to the rating note which indicates that the state government programme 3 series 2 with two tranches, as well as series three and…

Oil closed with a third-straight loss on Wednesday as recession fears once again dominate trade

Nigerian government paid about N2 trillion as subsidies on Fuel in the first six months of the fiscal year…

How is a higher interest rate from Nigerian banks impacting your business?

Down by N18.37 billion, the equity market extended losses on Tuesday as the market capitalisation