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    MarketForces Africa » Inside Africa -MarketForces Africa » Page 1087

    Unstable FX Rate, High Food Costs to Keep Inflation Uptrend

    Uncategorized November 10, 2024

    Nigeria’s inflation rate has been projected to rise further due to negative impact high logistics costs and exchange rate pressures on food items across the markets. 

    CBN Spends $383m to Defend Naira, 30% Below Sept. FX Sales

    MarketNews November 10, 2024

    CBN ACTION: The amount of US dollar sold to authorised dealer banks via foreign exchange market auctions fell by about 30% month on month

    Algeria Unveils Six Onshore Blocks to Upstream Investors

    Inside Africa November 10, 2024

    Algeria Unveils Six Onshore Blocks to Upstream Investors Algeria’s National Agency for the Valorization of Hydrocarbon Resources (ALNAFT) presented six…

    Fitch Keeps Oyo Credit Rating at ‘B-‘, Outlook Positive

    News November 10, 2024

    Fitch Ratings has affirmed Oyo State’s creditworthiness or Long-Term Issuer Default Rating (IDR) at ‘B-‘ with a positive outlook. 

    Egypt Inflation Rate Rises to 26.5% in October

    Inside Africa November 10, 2024

    Egypt’s inflation rate rose to 26.5% in October 2024 from September’s 26.4%, the Central Agency for Public Mobilization

    Bitcoin Nears $80,000 as Buying Interest Heats up Crypto Market

    Cryptocurrency November 10, 2024

    Bitcoin Nears $80,000 as Buying Interest Heats up Crypto Market Market price of Bitcoin (BTCUSD) has surged near $80,000 at…

    NDLEA Seizes Tons of Illicit Drugs in 9 States

    News November 10, 2024

    The Operatives of the National Drug Law Enforcement Agency (NDLEA), have seized tons of illicit drugs in Lagos, FCT…

    Market Index Dips as Equities Investors Lose N118bn on NGX

    MarketNews November 9, 2024

    The equities market capitalisation of the Nigerian Exchange (NGX) reduced by more than N118 billion week on week

    U.S Dollar Rises as Jerome Powell Plans No Resignation

    MarketNews November 9, 2024

    U.S Dollar Rises as Jerome Powell Plans No Resignation The US dollar rose against its major trading partners except for…

    Oil Prices Up as Market Expects Iran Export to Slow

    News November 9, 2024

    Oil Prices Up as Market Expects Iran Export to Slow Oil prices saw a weekly gain due to U.S election…

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    USD.AI – CHIP Sees 26% Price Surge on Single Tweet

    October 11, 2026

    Cardano Drops as Crypto Investors Take Profit, Price Consolidates

    October 11, 2026

    FirstHoldCo Slips 13% Below 52-Week High Ahead of Q3 Earnings

    October 11, 2026

    Amaechi Faults Tinubu’s Fuel Subsidy Removal

    October 11, 2026

    Makinde Pledges Inclusive Governance, Promises to Tackle Insecurity, Poverty  

    October 11, 2026

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