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    MarketForces Africa » Inside Africa -MarketForces Africa » Page 1307

    Naira Plunges into Deadly Spiral, Official Rate Hits N1520

    MarketNews July 4, 2024

    The Nigerian local currency, the naira, has crossed a new red line in its latest deadly spiral as the exchange rate hit N1520 in the official window on Thursday. The sustained negative exchange rate movement is reducing hope for recovery.

    NGX Declines by N134bn over Selloffs in MTNN, Lafarge

    MarketNews July 4, 2024

    The Nigerian Exchange (NGX) lost about N134 billion on Thursday as equities investors trading highs and lows sold down shares in MTN Nigeria, Lafarge WAPCO, and Champion Breweries, among others.

    1 Vessel to Discharge Aviation Fuel at Lekki Deep Sea Port

    MarketNews July 4, 2024

    The Nigerian Ports Authority (NPA) says a vessel will discharge aviation fuel at Lekki Deep Sea Port in Lagos.

    EU Offers 142 Nigerian Students Erasmus Scholarships

    News July 4, 2024

    The European Union(EU), on Thursday in Abuja, described Nigerian students as outstanding as it offered 142 postgraduate scholarships to young Nigerians in top

    AFCON 2025: Nigeria Draw Benin Republic, Rwanda Again

    News July 4, 2024

    The Super Eagles have been presented with an earlier opportunity to avenge their 2026 FIFA World Cup qualifying defeat to the Cheetahs of Benin Republic

    GCR Assigns Initial Rating to Lekoil Nigeria Limited, Outlook Stable

    MarketNews July 4, 2024

    GCR Ratings said it has assigned national scale long-term and short-term issuer ratings of BBB (NG) and A3 (NG)

    Nigeria to Wind Up Companies Linked to $9.6bn P&ID Scam

    MarketNews July 4, 2024

    Nigerian government has obtained order to wind up companies linked to Process and Industrial Developments

    Cameroon Unlocks Access to $118m IMF Loans

    Inside Africa July 4, 2024

    Cameroon government under President Paul Biya has unlocked access more than $118 million funding from the

    Angola Recovery from Economic Shock Underway – IMF

    Inside Africa July 4, 2024

    The Executive Board of the International Monetary Fund (IMF) concluded the Post Financing Consultation (PFA) with

    Bitcoin Slumps as Bankrupt Tokyo-Based Exchange Begins Payback

    MarketNews July 4, 2024

    Bitcoin price slumped to $57,000 level on Thursday amidst cryptocurrency market routs fueled

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    Naira Depreciates Against Dollar as FX Supply, Demand Shift

    October 7, 2026

    2027: Why Tinubu’s Economic Reforms Require Continuity  

    October 7, 2026

    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

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