Author: Marketforces Africa

Despite record rise in Omicron, crude oil futures surged on signs of resilient demand

Ethereum price is bleeding heavier and faster than the largest cryptocurrency asset

Kuehne+Nagel, one of the world’s leading logistics providers, has significantly expanded its network

BUA Foods sent a bullish signal to investors as the company share price spiked significantly

Foreign exchange (FX) inflow to the economy increased due to improved inflow through

Nigerian Bourse Expands N1.3 trillion First Week in 2022 In the first week in the financial year 2022, the Nigerian Exchange (NGX) expanded by N1.3 trillion to N23.6 billion amidst rallies and new listing. The Nigerian Exchange closed positive on all trading sessions in the first week of 2022 while it receives BUAFoods listing of 18 billion shares at N40 by way of introduction.  Accordingly, the NGX All-Share index rose 2.7% week on week to 43,854.42 points, market capitalization printed at ₦23.6tn, while year to date (YTD) return printed at 2.7%. Activity level intensified as the average volume and value…

The Nigerian local currency, naira, traded stronger against the United States dollar at the investors

Spot rates on Open Market Operations (OMO) Bills were steady as the Central Bank of Nigeria

The US dollar declined modestly against its major trading partners early Friday

Gold retreated back under the US$1,800 mark early on Thursday as bond yields rose to the highest