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    MarketForces Africa » Inside Africa -MarketForces Africa » Page 1287

    Naira Devaluation Rubbishes Companies Earnings

    MarketNews July 31, 2024

    The Nigerian naira devaluation has continued to rubbishes earnings, and damaged balance sheet quality of some listed companies on the Nigerian Exchange.

    NAF Airstrikes Destroy over 70 Illegal Refineries in 3 Months

    MarketNews July 31, 2024

    The Nigerian Air Force (NAF) aircraft operating under Operation Delta Safe have in the last three months destroyed more than 70 illegal refining sites and 80

    MTN Nigeria Net Loss Spikes by 507% to N519bn

    MarketNews July 31, 2024

    MTN Nigeria Plc has posted a strong spike in pretax loss for the first half of 2024, its financial statement submitted to the Nigerian

    NAICOM Opens New Licensing Portal for Insurance Coys, Others

    MarketNews July 31, 2024

    The National Insurance Commission (NAICOM) has opened a new portal for the registration and renewal of licences for insurance companies and agents.

    Reps Committee Queries Ministry over Unauthorised Spending

    MarketNews July 31, 2024

    The House of Representatives Committee on Public Assets has queried the Ministry of Finance Incorporated (MOFI), over its

    Tinubu’s Directive to NNPCL in Line with Law –Sen. Ita Enang

    MarketNews July 31, 2024

    Sen. Ita Enang says President Bola Tinubu’s directive to the Nigerian National Petroleum Company Limited (NNPCL) to

    FG Distributes Agro-inputs Worth N2.8b to 14,000 Farmers in Anambra, Enugu

    News July 31, 2024

    The Federal Government, on Tuesday, distributed agro-inputs worth N2.8 billion to 14,000 farmers in Anambra and Enugu States under the Agricultural

    Oil Prices Climb as Tension Builds in Middle East

    News July 31, 2024

    Oil prices rose on Wednesday in the global commodity market with the Brent front-month contract trading above US$80 per barrel as tensions in the Middle East

    Half Year: Seplat Posts N244bn Pre-tax Profit, up 461%

    News July 31, 2024

    Seplat Energy Plc on Tuesday posted a pre-tax profit of N244 billion for the half year ended June 30, 2024.

    Recapitalisation: FCMB Group to Raise N397bn in 3 Phases

    News July 31, 2024

    FCMB Group Plc says it plans to raise N397 billion in three phases ahead of the Central Bank of Nigeria (CBN) recapitalisation exercise.

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    XRP Hovers at $1.30 as Ripple Says Customers, Partners Increase 3x

    October 29, 2026

    Sterling Financial Bolsters Earnings, Grows Profit by 37% to N97.28bn

    October 29, 2026

    South African Rand Steadies as Investors Digest Fed Rates Decision

    October 29, 2026

    Nigeria’s 20-Year US Dollar Bond Yield Falls to 8.50%

    October 29, 2026

    UK, Nigeria Seek Investment in Small Hydropower Projects

    October 29, 2026

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