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    MarketForces Africa » Inside Africa -MarketForces Africa » Page 1199

    Interbank Rates Crash despite Outflow for OMO Auction

    MarketNews August 28, 2024

    Interbank Rates Crash despite Outflow for OMO Auction The interbank rates crash by about 300 basis points, or 3% apiece,…

    NCC Sets Final Deadline for NIN-SIM Linkage Compliance

    MarketNews August 28, 2024

    NCC Sets Final Deadline for NIN-SIM Linkage Compliance The Nigerian Communications Commission (NCC) has announced a final deadline for mobile…

    MTN, ACCESS, WEMA Bank Losses Drive NGX Down by N176bn

    MarketNews August 28, 2024

    MTN, ACCESS, WEMA Bank Losses Drive NGX Down by N176bn Equities investors’ wealth plunged by about N176 billion as MTN…

    GCR Places Sterling Bank Ratings on Review Extension

    MarketNews August 28, 2024

    GCR Places Sterling Bank Ratings on Review Extension Emerging market Africa rating agency, GCR, has placed Sterling Bank Limited’s national…

    NGML- NIPCO Gas JV Inaugurates Gas Project at Lekki Free Zone

    MarketNews August 28, 2024

    NGML- NIPCO Gas JV Inaugurates Gas Project at Lekki Free Zone NIPCO Gas Ltd. and its Joint Venture Partner, NNPC…

    U.S. African Development Foundation Reiterates Commitment to Nigeria’s Economic Growth

    News August 28, 2024

    The U.S. African Development Foundation (USADF) has reiterated its commitment to supporting African-led solutions needed to create pathways for prosperity

    Brent Settles at $78.5 as US Crude Inventories Fall

    News August 28, 2024

    Brent price has settled at $78.5 per barrel in the global commodities market on Wednesday after the American Petroleum Institute (API) report showed that

    US Dollar Climbs as Sterling Pulls Back in FX Market

    News August 28, 2024

    In the forex market, the US dollar showed strength against trading partners as hope of us Fed rate cut improved. The US dollar rose against its major trading

    Access Bank, MTN Nigeria See Intraday Loss in Equities Market

    News August 28, 2024

    Access Plc, MTN Nigeria declined during early trading hour on the floor of the Nigerian Exchange due to a bout of selloffs. Investors trading the highs and the

    Nigeria’s Budget Deficit to Exceed N9.1Trn – Economic Report

    News August 28, 2024

    Nigeria is expected to exceed 2024 budget deficit, analysts said in a mid-year report, noting that fluctuating oil prices and production disruptions could lead

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    SK Hynix Tokenised bStocks Dips on Market-Wide Riskoff

    October 8, 2026

    Lagos Set to Open N200 Billion State Bond for Subscriptions

    October 8, 2026

    NMDPRA Seals Filling Stations Over Petrol Under-Dispensing  

    October 8, 2026

    MTN, Aradel Selloffs Drag NGX Index, Investors Lost N1.33trn

    October 8, 2026

    Bond Yields Rise to Multi-Decade Highs in U.S., UK, Others

    October 8, 2026

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