- XRP Price Declines Ahead of Evernorth Vote
- Bitcoin Drops Below $84K as Investors Take Profits
- South African Rand Trades Rangebound Against USD, EUR, GBP
- U.S. Yields, Oil Prices Set Tone for Global Equities Markets
- NVIDIA Tokenised bStocks Dips on Negative Macro Sentiment
- Cardano Slides 4% on Healthy Price Correction after Rally
- Oil Prices Rise as Trump Rejects Iran Proposal, Brent Tops $107
- Our Uranium Lit Europe While We Remained In Darkness – Niger’s PM At UNGA
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.
Nigerian Banks Face Risks despite Oil Boost Nigerian banks’ operating environments could deteriorate between the financial year 2022 and 2023 as adverse global economic conditions feed through to the local economy, Fitch Ratings says in a new report. Soaring inflation led the Central Bank of Nigeria (CBN) to raise its benchmark rate by 150 basis points on 24 May, and the pressures on banks’ profitability and asset quality will be higher than we had initially expected for 2022. However, the sharp rise in oil prices this year will mitigate the economic impact of the global risks, and Fitch analysts do…
As dollar scarcity continues to bite, the Central Bank of Nigeria (CBN) has urged Nigerian banks to support
Trading weak across foreign exchange markets, the Naira continues to struggle to hold
The African Development Bank (AfDB) says the heat-tolerant wheat production,
Nigerian financial service giant, FBN Holdings Plc, beats analysts profit expectation for the financial year
The National Bureau of Statistics (NBS), says the prices of selected food items have increased
Global prices of crude oil grades inched higher on inventory drawdowns in the United States
Nestle Nigeria Plc.’s revenue growth will be sustained in the financial year 2022, analysts at CardinalStone
Following the 150 basis points interest rate hike earlier in the week, the Central Bank of Nigeria
Nigerian Naira exchange rate appreciates N418.00 to the dollar at the Investors and Exporters