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    MarketForces Africa » Inside Africa -MarketForces Africa » Page 1109

    Dangote, Lafarge BUA Combine Report N380bn Profit

    MarketNews August 6, 2024

    Nigeria’s listed cement companies, Dangote, Lafarge and BUA reported a combined profit of about N380 billion in the first half of 2024,

    $6.4 Trillion Wiped off Markets –U.S Fed Asks to Cut Rate

    MarketNews August 6, 2024

    With $6.4 trillion wiped off global stocks in three weeks, the Federal Reserve must cut rates now, and at the September and

    Oil Rebounds Amidst U.S Recession Concerns

    MarketNews August 6, 2024

    Oil rebounds amidst demand uncertainties in the United States and rising geopolitical tensions.  Prices of crude oil trend positive

    Oborududu to Fight for Bronze After Defeat to Kyrgyzstan’s Opponent

    News August 6, 2024

    World number 6 and Tokyo 2020 Olympics Silver Medalist, Blessing Oborududu on Monday lost to Meerim Zhumanazarova of Kyrgyzstan 1-3 in a failed bid to book

    Fitch Downgrades Dangote Industries, Puts Ratings on Negative Watch

    MarketNews August 6, 2024

    Fitch Ratings downgraded Dangote Industries Limited (DIL) National Long-Term Rating to ‘B+(nga)’ from ‘AA(nga)’ and senior unsecured

    Nigeria’s Eurobond Yield Hits 11% as Foreign Investors Take Profit

    MarketNews August 6, 2024

    The average yield on Nigeria’s sovereign Eurobond has started to race near 11% due to sell down in the foreign currency

    Meta Unveils Grants to Empower AI-Driven Organisations

    MarketNews August 6, 2024

    Meta, a multinational technology company, has unveiled Llama 3.1 impact grants to empower Artificial Intelligence (AI) driven

    Treasury Bill Hits by Selloffs after Two Failed OMO Auctions

    MarketNews August 6, 2024

    Sell pressure witnessed in the secondary market has provoked a surge in the average yield on Nigerian Treasury bills, rising by

    Naira Rises Against US Dollar by 0.61% to ₦1,607.15

    MarketNews August 6, 2024

    The Nigerian naira appreciated against the US dollar in the forex market at the beginning of the week following the Central Bank of Nigeria

    Nigeria’s US Dollar Inflows Slump to 5-Month Low

    MarketNews August 6, 2024

    The volume of US dollar that flew into the foreign currency market hit a 5-month low in July, analysts said, citing data from the FMDQ

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    Naira Trades Sideways Against USD as FX Pressure Tempers

    July 13, 2026

    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

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