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    MarketForces Africa » Inside Africa -MarketForces Africa » Page 1004

    Interbank Rates Mixed on Liquidity Stress in Financial Market

    MarketNews September 29, 2024

    Money market rates diverge on the back of a significant decline in liquidity balance in the financial system following Central Bank of Nigeria (CBN) monetary policy action.

    Oando Plunges after Sell Side Initiated Unusual Trade Volumes

    Analysis September 29, 2024

    After its recent past gaining streaks driven by strong earnings expectations, Oando Energy Plc gave up gains in  the equities segment of the Nigerian Exchange

    NGX Gains Weight as Investors Wealth Rises by N120bn

    News September 29, 2024

    The combined wealth of equities investors on the Nigerian Exchange (NGX) rose by about N120 billion due to bargain hunting which drove key indicators

    Sell Action: Caverton Falls by 27.4% as Positive Price Momentum Fades

    Analysis September 29, 2024

    It now worth less than N9 billion to buy Caverton Offshore Support Group Plc’s 3.350 billion shares outstanding in the trading platform of Nigerian Exchange.

    FG Approves N350bn to Support Dams, Irrigation Facilities – Minister 

    News September 29, 2024

    The Minister of Budget and Economic Planning, Alhaji Atiku Bagudu, says the Federal Government under Renewed Hope Infrastructure Fund has approved

    Wema Bank Spikes by 17.65% on Substantial Trade Volume

    Analysis September 29, 2024

    Bolstered by an improved sentiment in banking stocks, Wema Bank Plc saw about 18% valuation surge in the equities market in the just concluded week. 

    Seplat Price Surge Raises Entry Barrier for Retail Investors

    News September 29, 2024

    Seplat Energy Plc has surged further to become the most pricey oil stocks on the Nigerian Exchange (NGX) at a unit price of N4,103.10 after it gained N373

    FBNH Worth Rises Slightly Despite Femi Otedola Huge Bet

    Analysis September 29, 2024

    FBN Holdings Plc worth on the Nigerian Exchange (NGX) increased slightly by 2.36% over the week to settle at N1.01 trillion after huge bets by its major

    Jaiz Bank Value Increases by 11.2% to N86 Billion

    News September 29, 2024

    Jaiz Bank Plc was priced at N86.007 billion on the Nigerian Exchange (NGX), which is about 11.2% higher than its previous market value.

    MTN Nigeria Shrinks to N4trn as Investors Take Profit

    News September 29, 2024

    MTN Nigeria Plc (Ticker: MTNN) market value fall back to N4 trillion range as sell side activities on the telecommunication company slightly heated up.

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    XRP Price Hovers at $1.11 as Ripple Seals Partnership Deals

    July 11, 2026

    Bitcoin Rallies as Standard Chartered Backs $100k Target Price

    July 11, 2026

    Apple Sues OpenAI for Stealing Trade Secrets

    July 11, 2026

    Naira Slides on FX Market Liquidity Squeeze, US Dollar Rally

    July 10, 2026

    Stanbic IBTC, Guinness Drag NGX Index, Investors Lose N102bn

    July 10, 2026

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