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    MarketForces Africa » Inside Africa -MarketForces Africa » Page 1142

    World Bank Approves $500m Loan for Power, Irrigation Project in Nigeria

    News October 4, 2024

    The World Bank has approved a 500 million dollar loan to support the Sustainable Power and Irrigation for Nigeria (SPIN) project aimed at reducing

    CBN Announces E-Forex Matching System to Curb Speculation

    Uncategorized October 4, 2024

    CBN Announces E-Forex Matching System to Curb Speculation The Central Bank of Nigeria (CBN), has announced the introduction of an…

    Nigerian Treasury Bill Yield Climbs to 22.6%

    MarketNews October 4, 2024

    Nigerian Treasury Bill Yield Climbs to 22.6% The average yield on the Nigerian Treasury bill expanded by three (3) basis…

    Benchmark Yield on Nigerian Bonds Climbs to 19.05%

    MarketNews October 4, 2024

    As the interest rate hike altered investors’ moods on Nigerian government bonds, the benchmark yield accelerated …

    Money Market Rates Increase as Liquidity Pressure Persists

    MarketNews October 4, 2024

    The pressure in the money market worsened in the absence of significant inflows from maturing instruments

    CBN Cuts Interest Rate on OMO Bill to 24.32%

    News October 3, 2024

    Investors’ rate on OMO bills dropped to 24.32% at the primary market auction conducted by the Central Bank of Nigeria (CBN) on Thursday.

    Naira’s Markets Wide Rally Drags Exchange Rates Gap Down

    News October 3, 2024

    The naira climbed against the US dollar across the foreign exchange (FX) markets and the positive movement caused gap between official and parallel market

    NEITI Calls for Transparency to Unlock Nigeria’s Energy Potential

    News October 3, 2024

    The Nigeria Extractive Industries Transparency Initiative (NEITI) has emphasised the importance of accountability and transparency in the nation’s energy

    Nigerian Exchange Shrinks by N671bn as Dangote, FBNH Dip

    News October 3, 2024

    The equities market capitalisation of the Nigerian Exchange (NGX) shrank by more than N671 billion due to selloff in Dangote Cement, FBN Holdings

    US Dollar Rises Against Peers Ahead of Economic Data

    News October 3, 2024

    The US dollar rose against its major trading partners early Thursday before a busy day of economic releases, starting with weekly jobless claims

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    Editors Picks

    NGX Index Rebounds on Small-Cap Stocks Revival, Gains N208bn

    October 9, 2026

    Lagos Opens N200bn Bond for Subscription at 16.75%

    October 9, 2026

    Africa Digital Assets Pre-Launches Kenya, Namibia Tokens to Democratize Finance

    October 9, 2026

    XRP Breaches Safety Net as Ripple Deepens Wall Street Footprint

    October 9, 2026

    Fuel Discount Promo, not Restoration of Subsidy – NNPC Ltd. 

    October 9, 2026

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