- Julius Berger Earnings Drop by 44% as FX Losses, Tax Burden Weigh
- Oil Rises as U.S. Mulls Major Combat Operations against Iran
- World Bank Projects 748m More Urban Residents in SSA by 2050
- Why Personalized Engagement Is Essential in Today’s Digital Gaming Landscape
- TotalEnergies Divests 40% Interest in Nigeria’s OPL257 to SAPETRO
- US, European Markets Mixed as AI Spending, Earnings Shape Sentiment
- UN Demands $296 billion Annually to Restore Nature
- Bids Top N2.3trn at CBN OMO Auction, Only ₦245bn Allotted
Author: Marketforces Africa
MarketForces Africa, a Financial News Media Platform for Strategic Opinions about Economic Policies, Strategy & Corporate Analysis from today's Leading Professionals, Equity Analysts, Research Experts, Industrialists and, Entrepreneurs on the Risk and Opportunities Surrounding Industry Shaping Businesses and Ideas.
Investors Lose N125bn as Stock Market Bleeds Equities investors lost more than N125 billion on Monday as the Nigerian stock market bled heavily amidst earnings releases by listed companies. Today’s loss wiped off the entire gain recorded last week as sell-offs returned. The Nigerian Exchange’s key performance indicators dipped, year to date moderated and market capitalisation decreased by N125.45 billion. The N125.45 billion difference made the market close at N27.23 trillion from N27.36 trillion posted on Friday and represented a 0.46 per cent decrease. READ: Lagos State N125bn Bonds Issuance Gets Indicative Rating Sell-offs in all the industrial and consumer…
Most major digital assets rose in the low to high single-digit percentage range as of Monday late afternoon. Bitcoin (BTC-USD)
Nigeria’s external reserves sustained a downward movement to $39 billion, according to data
FirstBank of Nigeria (FBN) has debunked the story flying around that its corporate head office
Nigerian Exchange listed consumer goods producer BUA Foods Plc (Ticker: BUAFOODS) has declared a whooping sum of N63 billion
Amidst the ongoing scarcity that has resulted in price adjustment across the supply chains, the Federal Government…
Amidst a seesaw price movement across crypto exchanges, major digital assets retreated in the low…
First Bank of Nigeria Limited, Nigeria’s premier and leading financial services provider…
A Shell Floating Production Storage and Offloading (FPSO) vessel operating off Bayelsa coastline
The organisation of petroleum exporting countries and allies (OPEC+) agreed on Wednesday to raise crude oil production