Author: Marketforces Africa

Honeywell Plc share price stays on gaining streaks on Thursday despite sustained selloffs

Dollar Index Hits 16-Month High as Inflationary Pressures Bite

Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed

BUA has signed yet another agreement with Wartsila OY of Finland for the construction

Investors lost N11 billion on Wednesday as the Nigerian equity market

Nigeria Air to Commence Operations Next Year, Says FG

Fixed income traders see muted yield in the Nigerian Treasury bill secondary market

The EFCC declared in Abuja on Wednesday that most frauds in the banking sector

U.S Dollar Holding Firm Ahead of Heavy Data Schedule The United States (U.S) dollar was steady-to-higher against its major trading partners early Wednesday ahead of an expected busy pre-Thanksgiving session. US markets are closed on Thursday and are open for only part of the day on Friday. Wednesday’s schedule is packed with the release of the minutes from the Nov. 2-3 FOMC meeting, personal income and spending, the Fed’s favoured PCE inflation measure, weekly jobless claims, the second look at Q3 GDP, advance trade and inventories, durable goods new orders, the updated Michigan Sentiment index and new home sales. A…

The United States (U.S) has finally announced that it will be releasing 50MMbbls of crude oil