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    MarketForces Africa » Inside Africa -MarketForces Africa » Page 1164

    Investors Increase Bets on FGN Bond as Yield Remains Elevated

    Uncategorized September 18, 2024

    Investors, bondholders refused to give up Federal Government of Nigeria (FGN) bond buying in the secondary market after disinflation raised real return on naira assets.

    Money Market Rates Jump as Banks Heat Up CBN Facility

    Financial Market September 18, 2024

    Interbank rates crossed the 31% benchmark as the liquidity level in the financial system remains in negative territory.  Due to a weak funding profile in the financial system, money market rates have remained elevated.

    US Fed Reserve Cuts Key Rates by 50 Basis Points

    MarketForces Finance September 18, 2024

    US Federal Reserve slashed fed fund rates by 50 basis points (bps) as hawkish monetary policy has now expired. In a statement, the Fed said recent indicators suggest that economic activity has continued to expand at a solid pace.

    NGX Rises by N316bn over Renewed Interest in GEREGU, FBNH

    MarketForces Finance September 18, 2024

    Equities investors trading highs and lows on the Nigerian Exchange (NGX) platform gained more than N316 billion due to positive price appreciation is some bellwethers on Wednesday.

    FIRS to Introduce e-invoice to Enhance Nigeria’s Tax System

    News September 18, 2024

    The Federal Inland Revenue Service (FIRS) says it will introduce the FIRS e-Invoice, a digital solution for managing invoices, in line with the Tax

    Naira Soars as CBN Sells $20m to Banks to Reset FX Direction

    FX Market September 18, 2024

    The naira soared by more than 7% to N1,539.65 against US dollar in the official foreign exchange (FX) market on the influence of the Central Bank of Nigeria’s (CBN) move to reset exchange rate direction.

    Yahaya Bello not in Our Custody- EFCC

    News September 18, 2024

    The Economic and Financial Crimes Commission (EFCC) says former governor of Kogi, Alhaji Yahaya Bello, is not in its custody.

    FG to Audit all PPP Projects, Enforce Statutory Insurance of Assets – ICRC

    News September 18, 2024

    The Federal Government, through the Infrastructure Concession Regulatory Commission(ICRC) is an audit of all Public Private Partnership(PPP)

    Integrating AI in Cybersecurity Will Strengthen Cyber Defence –NCCC Boss

    News September 18, 2024

    The Coordinator, National Cyber security Coordination Centre (NCCC), Ahmad Abubakar, says Integrating Artificial Intelligence (AI) in the country’s

    PayRetailers Begins Operation in Nigeria, other African Markets

    News September 18, 2024

    PayRetailers, the leading payment processor for Latin America, has today announced further expansion into African market, according to a statement.

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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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