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    MarketForces Africa » Inside Africa -MarketForces Africa » Page 1097

    Investors Lose N403bn over Sell-Side Pressure on Banking Stock

    News August 12, 2024

    Equities investors on the Nigerian Exchange (NGX) lost more than N403 billion on Monday due to sell-side pressures on banking stocks among other decliners.

    Naira Exchange Rates Gap in FX Markets Slides to N10

    News August 12, 2024

    The Nigerian naira continued to appreciate in the official foreign exchange market following flood of US dollar sold to the authorised dealer banks last week.

    NIMASA to Review 2007 Act to Tackle Piracy on Waterways

    News August 12, 2024

    The Nigerian Maritime Administration and Safety Agency (NIMASA) says it is working on a review of the 2007 NIMASA Act to tackle piracy on the nation’s

    Ibom Air Denies Ticket Racketeering Allegation

    News August 12, 2024

    Ibom Air has said that allegations of ticket racketeering and poor handling of flight check-ins against some of its officials at its Port Harcourt station are

    ACCESS, GTCO, Zenith Drive Intraday Loss on NGX

    News August 12, 2024

    The equities market is trading negative during the intraday session on the Nigerian Exchange (NGX) platform on Monday. Investors were noted to be taking profit

    NIMASA, CHATHAM House to Push for Maritime Safety at UN Security

    News August 12, 2024

    The Nigerian Maritime Administration and Safety Agency (NIMASA), and Chatham House London, agreed to raise issues of Maritime Security issues in the Gulf of

    Lufthansa Suspends Flights to the Middle East for Another Week

    News August 12, 2024

    The Lufthansa Group is extending its flight cancellations to the Middle East for another week from Monday.

    Oil Prices Rise ahead of U.S Energy Agency, OPEC Reports

    News August 12, 2024

    Oil prices rose early on Monday in the global commodity market ahead of U.S energy agency and the Organisation of Petroleum Exporting Countries (OPEC) monthly

    DMO offers 2 FG Savings Bonds for Subscription

    News August 12, 2024

    The Debt Management Office (DMO) has offered two Federal Government of Nigeria (FGN) savings bonds for subscription at N1,000 per unit.

    Nigeria’s Fixed Income Yields High, Unsustainable –Investment Firm

    News August 12, 2024

    The yields on Nigerian fixed income securities have been considered to be on the high side, driven by changing market dynamics.

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    XRP Price Dives Ahead of July 17 U.S. House CLARITY Hearing

    July 13, 2026

    Equities Investors Lose N1.3trn as NGX Bears Strike Again

    July 13, 2026

    Bitcoin Price Dips as Mining Firm BitFuFu Sells 184 BTC

    July 13, 2026

    SK Hynix’s 12.8% pop, 15.4% Crash Reveals Hidden Cost of IPO hype

    July 13, 2026

    Cardano Dips 4.3% Amid Founder Charles Hoskinson Exit Rumours

    July 13, 2026

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