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    MarketForces Africa » Inside Africa -MarketForces Africa » Page 1285

    FG, States, LGs Share ₦1.35trn FAAC Revenue in June

    MarketNews July 17, 2024

    The three tiers of government—federal, 36 states, and 774 local government authorities—shared a total sum of N1.354 trillion in June 2024 Federation Accounts Revenue, an official statement said.

    Nigerian Treasury Bill Yield Dips Ahead of OMO Auction

    MarketNews July 16, 2024

    With rising appetite for the naira asset, the average yield on Nigerian Treasury bills plunged slightly in the secondary market ahead of the Central Bank of Nigeria’s (CBN) open market operation (OMO) auction schedule for midweek.

    Naira Gains as Nigeria Records Additional FX Inflow

    Financial Market July 16, 2024

    The Nigerian local currency, the naira, experienced a slight gain against the US dollar in the official FX market on Tuesday as Nigeria recorded additional foreign currency inflows into external reserves.

    AXA Mansard Plc to Pay Final Dividend in August

    MarketNews July 16, 2024

    AXA Mansard Plc has announced a plan to make dividend payments to shareholders on August 8, 2024,

    AfDB’s Sovereign Portfolio Retains Top Spot in 2024 Aid Transparency Index

    News July 16, 2024

    Publish What You Fund, the global campaign for aid and development transparency, has again named the African Development Bank’s (AfDB) sovereign portfolio

    Infinity Trust Mortgage Bank Names Ngozi Chukwu Acting MD

    MarketNews July 16, 2024

    Infinity Trust Mortgage Bank has named Ngozi Chukwu acting managing director and chief executive officer

    Jaiz Bank Grows Profit by 67% in 2023, Expects Better Performance — Bintube

    News July 16, 2024

    Jaiz Bank Plc, Nigeria’s pioneer non-interest, recorded impressive growth in key financial indicators in 2023, expected to sustain and exceed the performance in

    Equities Investors See N59bn Gain as Banking Index Pops

    MarketNews July 16, 2024

    The Nigerian Exchange (NGX) market capitalisation rose as equities investors gained about N59 billion. The surge

    NAICOM Unveils Portal to Resolve Complaints on Insurance

    MarketNews July 16, 2024

    The National Insurance Commission (NAICOM) has unveiled a complaint management portal to ensure swift

    Tribunal Orders NLNG to Pay FIRS $27.5m as 2016 Revised Corporate Income Tax

    News July 16, 2024

    The Tax Appeal Tribunal (TAT) has ordered the Nigeria Liquefied Natural Gas (NLNG) Limited to pay the Federal Inland Revenue Service (FIRS) 27.5 million dollars

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    Equities Investors Lose N110bn as Oando, PZ Cussons Decline

    October 7, 2026

    XRP Plunges by 6% as Evernorth Delays XRPN Nasdaq Listing

    October 7, 2026

    Interest Rate on 1-Year Nigerian Treasury Bill Falls to 15.85%

    October 7, 2026

    Building Trust in the Digital Casino Marketplace: Why Reviews Matter

    October 7, 2026

    Bitcoin Dips Below $84K Again Amidst Russia Crypto Exchanges Debut

    October 7, 2026

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