Author: Marketforces Africa

The Organisation of the Petroleum Exporting Countries (OPEC) says Nigeria’s crude oil production

Bitcoin (BTCUSD), the largest cryptocurrency by market value, slipped 4.3% in the past 24 hours

The latest UN projections suggest that the world’s population could grow to around 8.5 billion in 2030…

Dollar Crushes Major Currencies ahead of Inflation Data The United States (U.S) dollar improved against its major trading partners early Tuesday, apart from the yen, ahead of the release of the weekly Redbook retail sales and the first reading of July consumer confidence from Investors’ Business Daily. Earlier Tuesday, the National Federation of Independent Business’ report on small business sentiment for June showed that inflation remains the top concern, pulling down the economic outlook to a record low level. Analysts are also looking ahead to Wednesday’s consumer inflation report for June, a key benchmark for the Federal Reserve, and Friday’s…

Sustained selloffs in the fixed income market helped the average yields on fixed income instruments chart

Crude oil prices ended the week lower and continued falling early Monday as recessionary fears in the United States…

eNaira is still struggling for acceptance despite an array of benefits listed by the Nigerian monetary…

Tesla Chief Executive, Elon Musk, said on Friday he was terminating his $44 billion deal for Twitter Inc

Members of the Federal Reserve’s monetary policy-setting committee determined at its meeting

In the secondary market, sell pressures push the average yield on Nigerian Treasury Bills