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    MarketForces Africa » Inside Africa -MarketForces Africa » Page 1015

    Yield Dips over Rapid Bond Buying Ahead of Auction

    MarketNews September 23, 2024

    With expectation of a slowdown in bond supply, investors ramped up the Federal Government of Nigeria (FGN) in the secondary market ahead of the auction on Monday.

    Airtel Africa: Price Target Slashed as CardinalStone Predicts Profit

    Analysis September 23, 2024

    Nigeria’s top investment banking firm, CardinalStone Limited, has slashed Airtel Africa’s 12-month price target amidst expectation that the telecom company will return to profitability in the financial year 2024/2025.

    FIDSON Spikes by 22% after Chinese Deal Announcement

    Analysis September 23, 2024

    Fidson Healthcare Plc’s market valuation increased by about 22% in the equities market after the pharmaceutical company announced strategic deals it closed with three Chinese firms.

    Nigerian Big Balance Sheet Banks Rise by N145bn to N5.079Trn

    Uncategorized September 23, 2024

    Nigerian Big Balance Sheet Banks Rise by N145bn to N5.079Trn A strong buy side activities in the equities market lifted…

    Caverton Hits 52-week as Price Spikes by 45%

    Analysis September 23, 2024

    Caverton Offshore Support Group topped performers on the Nigerian Exchange with more than 45% positive price appreciation…

    Fidelity Bank Jumps by 24% after Hybrid Offers

    Analysis September 23, 2024

    The market value of Fidelity Bank Plc rose by more than 24% week on week as investors accumulated the tier-1 lender shares.

    NDLEA Intercepts N16.1bn Opioids in Lagos

    News September 22, 2024

    The National Drug Law Enforcement Agency, NDLEA, has intercepted 25 million  pills of tapentadol, an opioid three times stronger than tramadol and

    Interbank Rates Dip as OMO, FGN Payments Ease Liquidity Pressure

    News September 22, 2024

    Money market rates dipped as liquidity balance in the financial system rose, ended at positive territory on Friday.  The surge, according to investment banking

    Naira Rises to N1,541 as FX Reserves Hit 2-Year High

    News September 22, 2024

    The Nigerian naira exchange rebounded against the US dollar, gained about N115 on each greenback traded in the official forex market.

    NGX Expands By N455bn as Investors Bet on Value Stocks

    News September 22, 2024

    Value hunters in the equities segment of the Nigerian Exchange or the stock market saw about N455 billion in gain due to strong buy side activities.

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    Oil Prices Increase 6% in 5 Days over Mixed Market Concerns

    July 11, 2026

    Russia Bans Diesel Exports over Domestic Shortage

    July 11, 2026

    Bitcoin, Ethereum Rally Nudge Crypto Market to $2.21trn

    July 11, 2026

    Fubara Presents N1.85 Trillion Budget for 2026 Fiscal Year

    July 11, 2026

    ITF Begins Screening of Artisans for Global Competitiveness Training

    July 11, 2026

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