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    MarketForces Africa » Inside Africa -MarketForces Africa » Page 1011

    UBA, ACCESS, F-Banks Rally Shifts Banking Index Up

    Uncategorized September 25, 2024

    Sustained demand for UBA, Access Holdings, and Nigerian 3-F banks (FBNH, FCMB, and Fidelity Bank) heated up the banking index as the Nigerian Exchange gained further.

    Money Market Rates Rise in Absence of Liquidity Pressure

    MarketNews September 25, 2024

    In the absence of liquidity pressure, interbank rates were still adjusted upward in response to the Central Bank of Nigeria’s (CBN) monetary policy tightening.

    Naira Sinks as FX Shortage Shifts Rate Nears ‘Fear Index’

    Financial Market September 25, 2024

    The naira experienced strong negative price fluctuation in the foreign exchange (FX) market due to surging demand for import payments. The FX market was unable to meet the willing buyers US dollar demand due to a shortage in the official window.

    Banking Index Drives N105bn Gain on Nigerian Exchange

    MarketNews September 24, 2024

    The equities market capitalization of the Nigerian Exchange (NGX) swelled as investors gained about N105 billion amidst the policy rate hike.

    FG Revises Consolidated Salary Structure

    Uncategorized September 24, 2024

    The Federal Government has approved the revision of the Consolidated Public Service Salary Structure (CONPSS) with effect from July 24.

    Kuda Launches eSIM Feature to Save Global Travelers Data Roaming Costs

    News September 24, 2024

    Kuda has introduced a new feature allowing its customers to purchase eSIMs directly from the Kuda app. This innovative service provides users with virtual

    CBN Hikes Benchmark Interest Rate to 27.25%

    News September 24, 2024

    The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has further increased the Monetary Policy Rate (MPR) by 50 basis points to

    Nigeria’s Unemployment Rate Stands at 5.4% in 2023- NBS

    News September 24, 2024

    The National Bureau of Statistics(NBS) says the unemployment rate in Nigeria stood at 5.4 per cent in 2023.

    NDLEA Apprehends Ex-convict With Cocaine Worth N4.6bn at MMIA

    News September 24, 2024

    The National Drug Law Enforcement Agency (NDLEA) has apprehended an ex-convict, Christian Ogbuji for importing 817 wraps of cocaine weighing 19.40kg with

    Senate Moves to Unearth Root Causes of Economic Sabotage in Petroleum Industry

    News September 24, 2024

    The Leader of the Senate, Sen. Opeyemi Bamidele says as the Senate resumes plenary, it would unearth the root causes of economic sabotage in the Petroleum

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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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