Author: Marketforces Africa

The Federal Government of Nigeria has approved zero import duty for ship owners to acquire vessels…

With a 1.11% year to date return, the Nigerian Exchange (NGX) on Tuesday records yet another large

U.S stock futures were higher Tuesday, setting the stage for a rebound after a rise in treasury yields…

Globacom Signs Multi-Year Contract with Eutelsat to Boost Coverage Nigeria’s indigenous telecom giant, Globacom has signed a multi-year contract with Eutelsat to boost coverage, according to a statement. The Nigerian based telecommunication service provider has recently introduced mobile television services. The statement reads that in the presence of the French President, Emmanuel Macron, Eutelsat Communications (Paris:ETL) (Euronext Paris: ETL) and Globacom have signed at the Elysée Palace in Paris, a multi-year, multi-Gbps wholesale capacity contract, enabling Globacom to extend its coverage beyond the reach of its terrestrial infrastructure, leveraging the EUTELSAT KONNECT satellite. The service will be used to deliver…

A Federal High Court, Abuja on Monday fixed Jan. 24, 2022, for a suit filed by the Asset Management…

Nigeria sees a modest expansion in private sector activity in the month of September, according to Stanbic…

Renaissance Capital (Rencap), a leading emerging and frontier markets investment bank…

Godwin Emefiele, Governor at the Central Bank, Nigeria’s lender of last resort, has remained unfazed…

Despite a limited income that exposed individuals to poverty, devaluation of the Nigerian local….

The United States Commodity Futures Trading Commission has filed a civil enforcement action