Author: Marketforces Africa

The equities segment of the Nigerian Exchange (NGX) is currently trading on a flattish note after more than N614 billion

Facebook-parent Meta Platforms Inc. said on Tuesday it had raised $10 billion in its first-ever bond offering

The equities segment of the Nigerian Exchange (NGX) tumbles further into the bear territory as investors

Crude oil prices slide lower early Tuesday, after recovering slightly at the start of the week, as recession fears …

Seplat Energy Plc has price remains steady at N1430.50, its seventh day trading print after the company..

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