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    MarketForces Africa » Inside Africa -MarketForces Africa » Page 1116

    Ethiopia’s Reforms Set to Accelerate Debt Restructuring –Fitch

    Inside Africa August 1, 2024

    Following approval of a new program by the International Monetary Fund (IMF) for Ethiopia, Fitch Ratings has said the country’s debt restructuring price is set

    CBN Defends Naira with $39m in Forex Market

    News August 1, 2024

    In a bid to defend the local currency, the Central Bank of Nigeria (CBN) conducted forex market intervention On Thursday as part of efforts to stem negative

    Private Sector Scale Back in July as Business Confidence Falls –PMI

    News August 1, 2024

    The Nigerian private sector moved back into contraction territory in July as steep price pressures hit demand and resulted in renewed reductions in both

    Exchange Rate Improves as CBN Buys Naira with $39m

    News August 1, 2024

    Exchange rate improved on Thursday after the Central Bank of Nigeria (CBN) spent $39 million to buy naira from authorised dealers banks in the official window

    MTNN, Dangote, Transcorp Drive N235bn Loss on NGX

    News August 1, 2024

    Sell pressure on MTN Nigeria, Dangote Sugar Refinery, Transnational Incorporation drove the Nigerian Exchange downward by more than N235 billion amidst

    BUA Foods Grows Profit by 38% to N131bn

    News August 1, 2024

    BUA Foods Grows Profit by 38% to N131bn One of Nigeria’s top food producers, BUA Foods Plc, saw its earnings…

    Oil Prices Increase Ahead of OPEC+ Meeting

    News August 1, 2024

    Oil prices increase in the global commodity market ahead of OPEC+ meeting and Iran plan to retaliate the assassination of Ismail Haniyeh, the head of the

    Ghana Grants Flutterwave Enhanced Payment Service Provider License

    News August 1, 2024

    Flutterwave has recently been granted a Payment Service Provider license (Enhanced Category) by the Bank of Ghana, according to a statement.

    Nigeria Gets $500m Loans from AfDB to Boost Electricity

    News August 1, 2024

    The Board of Directors of the African Development Bank (AfDB) Group has approved a loan of $500 million to the Federal Republic of Nigeria, to finance the first

    Bank of England Cuts Key Interest Rate to 5%

    News August 1, 2024

    Bank of England (BoE) cuts its key interest rate for the first time in over four years to stimulate growth amidst global economic uncertainties.

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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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