- Big Bang: Over £1trn of Equity Capital Raised Since 1986 – LSE
- XRP Rises as Ripple Gets Approval to Launch National Trust Bank
- Wall Street, FTSE 100 Surge as AI Shares Gain Momentum
- Nigeria’s US Dollar Bonds Dumped as 10-Year Yield Surges to 8%
- Nigerian Banking System Excess Liquidity Climbs to N7.31trn
- Oil Dips as US-Iran Negotiations Progress, Brent Falls to $110
- CBN Intervenes in FX Market, Injects $500m to Ease Supply Stress
- Bitcoin Falls Below $80k Ahead of Federal Reserve Rate Decision
MarketNews
Ahead of the Federal Reserve’s rate decision, foreign portfolio investors and asset managers dumped Nigerian US dollar
Nigerian Banking System Excess Liquidity Climbs to N7.31trn Keeping money…
The Central Bank of Nigeria (CBN) defended the naira by injecting $500 million, equivalent to N1,360.15 to N1,376, into banks amid rising demand for the US dollar in the official window.
Access Bank’s Africa Trade Conference Ignites New Era of Intra-Africa Commerce Access Bank Plc has…
The Nigerian Exchange, NGX, market capitalisation soared after sell pressures with investors recording about N82 billion in capital appreciation. ON Thursday, equities market rebounded, halting a two-day losing streak, with 0.12% surge in key market performance indicators. The positive sentiment was fueled by bargain hunting in some recently depreciated medium and small-cap stocks.
Banking Stocks Drive Intraday Momentum in Equities Market Banking stocks are driving intraday momentum in…
$650m Notes: Moody’s Affirms Seplat’s Caa1 Corporate Family Rating Moody’s Ratings has affirmed the Caa1…
The benchmark yield on Nigerian government bonds climbed to 18.44% in the secondary market ahead of next inflation data.
Short-term Interest Rates Rise as Banking Deficit Soars The short-term benchmark interest rates soared in…
Editors Picks
Subscribe to News
Get latest news from MarketForces Africa...
Subscribe to Updates
Subscribe to updates from MarketForces Africa, an independent financial news service provider.
