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    MarketForces Africa » Inside Africa -MarketForces Africa » Page 1153

    Chinese Coy to Establish $300m Steel Plant in Ogun

    News October 17, 2024

    A Chinese company, Inner Galaxy Steel Company Limited, is set to invest about 300 million Dollars to establish a new steel plant for the production

    European Central Bank Cuts Rate 25bps to 3.25%

    News October 17, 2024

    The dovish European Central Bank (ECB) has further cut key rate by additional 25 basis points (bps) to 3.25%, according to a latest monetary decision

    GTBank, Zenith, FCMB Drive Intraday Loss on NGX

    News October 17, 2024

    The equities market is trading negative during intraday session on the Nigerian Exchange (NGX) platform as sell actors began fresh maneuvering.  

    Nigeria’s Gross External Reserves Rise to $38.832bn

    News October 17, 2024

    The gross balance in Nigeria’s foreign reserves climbed to $38.832 billion, according to data from the Central Bank (CBN).

    Oil Prices Fall after Bearish Reports, Weak Demand in China

    News October 17, 2024

    Oil prices fell again in the global commodities market following bearish reports by the Organisation of Petroleum Exporting Countries and International Energy

    Zambia GDP Growth Slashed to 1.2% over Intense Electricity Shortage

    News October 17, 2024

    Zambia’s gross domestic product (GDP) growth has been revised to 1.2% year on year as power outage put pressure on the country’s economic activities.

    Yellow Card Raises $33m Equity Finance to Accelerate Growth

    News October 17, 2024

    Yellow Card, the largest and first licensed Stablecoin on/off ramp on the African continent, today announced the closing of its Series C financing.

    Nigeria’s Sovereign Eurobond Yield Dips as FPIs Raise Bets

    News October 17, 2024

    As foreign portfolio investors (FPIs) continued to position at the Nigeria’s sovereign Eurobond market, the average yield nosedived further while asset price

    Apapa Customs Intercepts illicit Drugs Worth N1.1bn

    News October 17, 2024

    In its continued efforts to discourage the entry of dangerous drugs into Nigeria, the Apapa Ports Customs Command  has seized illicit drugs worth N1.1 billion

    Agbakoba writes NASS, Says EFCC is an Unlawful Organisation

    News October 17, 2024

    A former President of the Nigerian Bar Association (NBA, Mr Olisa Agbakoba, SAN, says the Economic and Financial Crimes Commission (EFCC) is an

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    PTAD Pays N13.87bn Pension Increment Arrears to 18,822 Retirees

    November 1, 2026

    FirstHoldco Slumps 17.31% as Pre-Earnings Buyers Cash Out

    November 1, 2026

    Naira Rises 116 Pips Against Dollar on FX Liquidity Boost

    November 1, 2026

    Apple Tops Nvidia as AI Spending Concerns Reshape Sentiment

    November 1, 2026

    XRP at the Heart of Everything Ripple Does – CEO

    November 1, 2026

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