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    MarketForces Africa » Inside Africa -MarketForces Africa » Page 1155

    Interbank Rates Increase as Banks Play at CBN Lending Facility

    News October 16, 2024

    Interbank rates increased as the liquidity balance in the financial system remained tight in the money market, investment firms said in separate reports.

    Naira Depreciates to N1,660, Markets Anticipate FX Auction

    News October 16, 2024

    The Nigerian naira plunged further to around N1,660 per US dollar due to sustained shortage of foreign currency in the market. While external reserves

    Nigerian Exchange Sheds Weight as Equities Investors Lose N148bn

    News October 16, 2024

    Equities investors lost more than N148 billion as selloffs hit Aradel, Nestle Nigeria, others in the stock market. Transaction details from the Nigerian

    Submit 2025 Appropriation Bill Without Further Delay, Reps tell FG

    News October 16, 2024

    The House of Representatives has urged the Federal Government to submit to the National Assembly the 2025 Appropriation Bill without further delay.

    CBN Prioritising Financial Inclusion for Women, says Cardoso

    News October 16, 2024

    The Governor, Central Bank of Nigeria (CBN), Mr Yemi Cardoso, said that the government was increasing financial inclusion for women as a top priority.

    Oil Trades below $74 over Demand, Supply Uncertainties

    News October 16, 2024

    Oil prices stabilised on Wednesday in the global commodities market after falling significantly over the past few sessions as some buying activity returned

    Frontier Markets Posted Mixed Growth in Q2 –Fitch

    News October 16, 2024

    Frontier markets (FM) recovered further in 2Q24 with some recording their highest rates of gross domestic products (GDP) growth in several quarters, boosted

    ARADEL, GTCO, ACCESS Drive Equites Market Index Down

    News October 16, 2024

    Equities investors on the Nigerian Exchange (NGX) platform are currently offloading oil, banking stocks. The selling rally on Aradel Holdings, Access Bank

    FCT-IRS Partners NFIU to Enhance Tax Compliance, Revenue Generation

    News October 16, 2024

    The Federal Capital Territory Internal Revenue Service (FCT-IRS), has solicited a robust partnership with the Nigerian Financial Intelligence Unit (NFIU), to

    Market Expects Weak GBP as Bank of England Go Hard on Rate Cuts

    News October 16, 2024

    With inflation in the UK easing to 1.7% in September, the Bank of England (BoE) is expected to take a steadier approach to rate cuts, further weakening

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    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

    NVIDIA Tokenised Stock Rises to $204 on Fresh Buying Interest

    November 1, 2026

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