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    MarketForces Africa » Inside Africa -MarketForces Africa » Page 1115

    Oil Prices Decline over Weak Demand Outlook

    News October 22, 2024

    The prices of crude oil were under pressures early on Tuesday in the global commodities market as demand and supply risks persist.

    Seplat Energy Rises by 10% after ExxonMobil Deal Notice

    Analysis October 22, 2024

    Seplat Energy Plc market value increased by about 10% as the approval of the ExxonMobil deal boosted equities investors’ sentiments on the Nigerian Exchange (NGX) trading platform on Monday.

    Treasury Bills Yields Edge Higher as Sell Pressure Persists

    News October 22, 2024

    In the secondary market, the average yield on Nigerian Treasury bills edged higher again at the beginning of the week due to sell pressure triggered by

    Benchmark Yield on Nigerian Bonds Climbs to 19.31%

    News October 21, 2024

    The FGN bond market opened the week quite calm, with the average yield ticking up by a basis points to print at 19.31%, traders said in a note. The selloffs

    No Fresh Case Filed Against NNPCL, Others –Dangote Refinery

    News October 21, 2024

    Dangote Refinery has said the company has not filed any fresh case against the Nigeria National Petroleum Corporation Limited (NNPCL), according to an

    Unilever Nigeria Grows Profit by 559% in Third Quarter

    Analysis October 21, 2024

    Consumer goods company, Unilever Nigeria Plc, profit grew by more than 559% year on year to N11 billion

    Dangote Refinery Asks Court to Nullify NNPCL, Others’ Import Licences

    News October 21, 2024

    Dangote Refinery Asks Court to Nullify NNPCL, Others’ Import Licences The Dangote Petroleum Refinery and Petrochemicals FZE has prayed a…

    FG Approves $1.28 Billion Seplat-ExxonMobil Deal

    News October 21, 2024

    The federal government (FG) has granted official approval for Seplat Energy’s acquisition of Exxon Mobil’s onshore assets, which are valued at $1.28 billion.

    Money Market Rates Dip as Financial System Liquidity Improves

    News October 21, 2024

    The money market rates dip as liquidity level in the financial system improved on Monday ahead of bond auction debits. The absence of significant inflows

    Naira Drops Market Wide, Exchange Rates Gap Now N102

    News October 21, 2024

    Exchange rates plunged across the currency market due to record amount of the US dollar shortfall in the official and parallel market.

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    Fitch Revises Nigeria’s Outlook to Positive, Anticipates Tinubu 2027 Election Win

    October 10, 2026

    XRP Gains on Ecosystem Catalyst Ahead of Evernorth Listing

    October 10, 2026

    Crude Oil Prices Mixed, Brent Rises 0.5% in 5-Day, WTI Dips

    October 10, 2026

    Cardano Rises 7% on Buying Interest, Outperforms Top Crypto Assets

    October 10, 2026

    US Sanctions 17 Vessels Linked to Iran, Targets Shipments to Asia

    October 10, 2026

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