Author: Marketforces Africa

Flour Mills Nigeria Plc. (FMN) says it will triple its investment in Kaduna State following the confidence…

The Federation Accounts Allocation Committee has shared N696.965 billion as federation …

Mr Isa Pantami, Minister of Communication and Digital Economy say the fifth generation (5G) network

The Nigerian Exchange (NGX) halts 3-day selling rallies on the local bourse as investors gain…

Ecobank, UBA Plc among other African bellwether banks have turned to IBM hybrid cloud, AI…

The Federal Government says the Federal Inland Revenue Service (FIRS) will continue to collect Value…

Japaul Gold and Ventures Plc: Investors currently value the company at N2.88 billion…

Investors in the fixed income market see the federal government bond yields moderate after the Debt Management

Crude oil prices edge higher on Wednesday as the United States (U.S) crude stockpiles fall…

Lawmakers Approve Expenditure Framework, Oil Benchmark at $57 The Nigerian lawmakers have approved the 2022-2024 Medium-Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP), just as it pegged the oil price benchmark for the fiscal spending plan for the period at $57 per barrel. This followed the presentation and consideration of the report of the Senate Committee on Finance; National Planning; Foreign and Local Debts; Banking Insurance and other Financial Institutions; Petroleum Resources (Upstream). Recalled that the fiscal authority has fizzled out the previous expenditure framework which used $40 per barrel as a benchmark for the preparation of the 2021…