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    MarketForces Africa » Inside Africa -MarketForces Africa » Page 11

    Nigerian Maritime Stakeholders Demand End to Dollar-Denominated Port Charges

    Ogochukwu NdubuisiMay 8, 20260

    Nigerian Maritime Stakeholders Demand End to Dollar-Denominated Port Charges A quiet but growing rebellion is building inside Nigeria’s maritime sector.…

    Fitch Affirms Zenith Bank Plc’s Viability Rating at ‘b’, Corrects Error

    Olu AnisereMay 8, 20260

    Fitch Ratings has affirmed Zenith Bank Plc’s Viability Rating (VR) at ‘b’, Long-Term Issuer Default Rating (IDR) at ‘B’ and National Long-Term Rating at ‘AA(nga)’. Fitch’s outlook on the Long-Term IDR and the National Long-Term Rating is stable.

    Alex Otti and China Team Up to Build Abia’s First Seaport

    Ogochukwu NdubuisiMay 8, 20260

    Alex Otti and China Team Up to Build Abia’s First Seaport Abia State Governor Alex Otti has given the green…

    Oil Prices Increase as Iran Attacks US Warship at Hormuz

    Olu AnisereMay 8, 20260

    Oil prices rose in the global commodity market on Friday as escalating tensions between the US and Iran in the Strait of Hormuz renewed concerns about global energy supply security.

    APM Terminals Eyes $600M Expansion at Apapa

    Ogochukwu NdubuisiMay 8, 20260

    APM Terminals Eyes $600M Expansion at Apapa One of the world’s largest port operators has placed a massive financial bet…

    Wall Street, FTSE Dip as Geopolitical Tensions Unsettle Global Markets

    Julius AlagbeMay 8, 20260

    Global markets retreated as the geopolitical tensions’ shockwave stoked sell pressure across major exchanges.  Escalating US-Iran ceasefire tensions dominated global markets, First National Bank (FNB) said in a morning brief.

    First HoldCo: Weak Earnings, No Dividend Make Uncomfortable Shareholders

    Gilbert AyoolaMay 8, 20260

    First HoldCo Plc delivered a deeply mixed but strategically revealing audited FY2025 performance, reflecting the harsh realities of Nigeria’s elevated interest rate regime, regulatory tightening, asset repricing pressures, and post-FX reform adjustments within the banking industry.

    ETI to Raise Funds from International Debt Capital Markets

    Julius AlagbeMay 8, 20260

    Ecobank Transnational Incorporated (ETI) has announced plans to raise funds in the international debt capital markets to repay a 2031 maturing borrowing note.

    Nigerian Navy Locks Down Calabar-Oron Waterway Over Kidnapping Surge

    Ogochukwu NdubuisiMay 8, 20260

    Nigerian Navy Locks Down Calabar-Oron Waterway Over Kidnapping Surge The Nigerian Navy has taken direct control of one of the…

    Naira Gains 4.42% in 4 Months as FX Reforms Hold

    Folasade OlugbadeMay 8, 20260

    Naira Gains 4.42% in 4 Months as FX Reforms Hold The naira gains 4.42% in four months as FX reforms…

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