Author: Marketforces Africa

Nigeria records a low oil supply for August loading at the time when European countries

The Court of Justice of the Economic Community of West African States (ECOWAS)

Nigeria’s deposit money banks non-performing loans has been projected to jump double-digit

Lagos Approves N85 Billion Special Bond for Capital Projects The Lagos State House of Assembly has approved Gov. Babajide Sanwo-Olu’s request for N85 billion Special Dispensation Bond to finance capital projects in the state. The Chairman, House Committee on Finance, Rotimi Olowo, disclosed the approval to the House of Assembly’s Correspondents on Tuesday in Lagos. Olowo said the request from the governor had two aspects; the first was request for an approval for Bond Bridge Loan which would allow the state to access bond market as soon as possible. He added that the second was a loan from a commercial…

Ecobank Nigeria says its vision to use agency banking scheme to drive entrepreneurship

Oil prices soared on Monday as Iran Nuclear talks remain inconclusive with both Brent Crude

Interbank rates slide as financial system liquidity position improves amidst expectation

Fitch Ratings raises short-term oil and gas price assumption as the market performance outpaced bearish

An agreement with the International Monetary Fund, IMF, on a new Extended Fund Facility

Foreign exchange (FX) pressure reforms will intensify core inflationary pressure in Nigeria