Author: Marketforces Africa

The Debt Management Office (DMO) has clarified that loans from China to Nigeria

Federal, States and local councils shared N675.946 billion from the federation account for November

Google Announces Investment in SafeBoda Transportation App Google has announced its first investment from the Africa Investment Fund in SafeBoda, a transportation-led app, to help expand its growth in Nigeria and Uganda. Nitin Gajria, Managing Director for Google in Africa said in a statement that Google was thrilled about this first investment from the $50M Africa Investment Fund that it announced in October. Gajria said that this was part of Google’s ongoing commitment to tech startups in Africa. ‘’I am of the firm belief that no one is better placed to solve Africa’s biggest problems than Africa’s young developers and…

The Nigerian Exchange (NGX) ends the week positive with N51 billion gain after the profit-taking trading

The fixed income market ends the week like a pendulum swings as yields

The leading pan-African Banking Group, Ecobank Group, announces that Trove Finance

The Nigerian local currency, Naira, keeps losing battle to a stronger, better position by economic

Stanbic IBTC Holdings PLC, a member of Standard Bank Group, has partnered with the Nigerian Football Federation

Oil prices rose early on Thursday following a day-prior report showing a big drop in U.S. oil

The US dollar was lower against its major trading partners early Thursday