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    MarketForces Africa » Inside Africa -MarketForces Africa » Page 1009

    Naira Slides as Demand Pressures Resurface in FX Market

    News December 31, 2024

    The naira slid against the US dollar as the currency market faced mild demand pressure. Demand for foreign currency grew at a higher speed than the amount available to settle transactions.  

    Tinubu Commends NNPCL over Warri Refinery’s Re-opening

    News December 30, 2024

    Tinubu Commends NNPCL over Warri Refinery’s Re-opening President Bola Tinubu has expressed joy over the re-opening of the Warri Refining…

    Nigerian Exchange Grows by N987bn to N62.90trn

    News December 30, 2024

    The equities segment of the Nigerian Exchange (NGX) grew by more than N987 billion on Monday in a post-Santa Claus

    Oil Rises Amidst Demand, Supply Imbalance

    News December 30, 2024

    Oil Rises Amidst Demand, Supply Imbalance Oil prices rose in the global commodities market on Monday amidst demand and supply…

    Tariff: Telecoms Operators to Begin Service Shedding – ALTON

    MarketNews December 30, 2024

    Tariff: Telecoms Operators to Begin Service Shedding – ALTON The Association of Licensed Telecommunications Operators of Nigeria (ALTON) on Monday…

    MRS Oil Hits 52-Week High after Deal with Dangote Refinery

    Analysis December 30, 2024

    MRS Oil Hits 52-Week High after Deal with Dangote Refinery MRS Oil market value jumped by 21% despite a short…

    MTN Nigeria Crossed N4 Trillion Ahead of Q4 Earnings

    Analysis December 30, 2024

    MTN Nigeria Crossed N4 Trillion Ahead of Q4 Earnings MTN Nigeria Plc has again crossed N4 trillion market value in…

    Investors Appetite for Financial Stocks Rise in Nigerian Market

    News December 30, 2024

    Investors showed significant buying interest on some financial stocks – banking and insurance names – in the local exchange last week. Demand for financial stocks increase generally ahead of fourth quarter of 2024 earnings release.

    FCMB Public Offer Records 34.3% Over Subscription

    News December 30, 2024

    FCMB Public Offer Records 34.3% Over Subscription Diversified financial services group, FCMB Plc, has announced a decision to allot 19.802…

    Naira Rises as Nigeria Renews $2bn FX Swap Deal with China

    News December 30, 2024

    The naira saw a weekly gain in the foreign exchange markets amidst a $2 billion currency swap deal between Nigeria and China.

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    Editors Picks

    Nigerian Naira Depreciates as Interbank FX Turnover Slumps 78%

    October 12, 2026

    World Bank Commends Nigeria as Private Capital Inflows Hit $6bn

    October 12, 2026

    Obasanjo Seeks Increase in 13% Derivation for Oil-Producing States

    October 12, 2026

    XRP Declines as Standard Chartered Launches RLUSD Custody

    October 12, 2026

    NGX Index Sinks, Investors Lose N407bn as Tier-1 Banks Dip

    October 12, 2026

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