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    MarketForces Africa » Inside Africa -MarketForces Africa » Page 1357

    Naira Devaluation Damages Companies Earnings, Balance Sheets

    News March 18, 2024

    The local businesses are facing intense pressure as macroeconomic indicators continue to drop sharply. Companies’ earnings are under threat as a result of the

    MTN Nigeria Spikes 20.6% as Investors Discount Tight Projections

    Analysis March 18, 2024

    Telecommunications giant, MTN Nigeria Plc, experienced strong buying interest in its shares

    Transcorp Power Hits N2.85trn as Investors Bet on Earnings Stream

    Analysis March 18, 2024

    Transcorp Power Plc experienced a sustained increase in its market price on the local bourse

    GTCO Rises by 18% as Public Offer Plan Boosts Sentiment

    Analysis March 18, 2024

    The share price of Guaranty Trust Holding Company (GTCO) Plc accelerated by 18% over …

    FBN Holdings Rises by 14% to N1.328 Trillion

    News March 17, 2024

    FBN Holdings has become the second largest financial institution on the Nigerian Exchange…

    Zenith Bank Jumps by 17% Ahead of Earnings Release

    Analysis March 17, 2024

    Zenith Bank Plc recorded about 17% share price growth ahead of the Tier-1 lender’s financial year 2023 earnings release.

    NEM Insurance Jumps by 21% on Good Earnings Forecast

    Analysis March 17, 2024

    NEM Insurance Jumps by 21% on Good Earnings Forecast NEM Insurance Plc gained about 21% as the company’s earnings forecast…

    IMF Approves US$1.3bn Facility for Cote d’Ivoire

    Inside Africa March 17, 2024

    The Executive Board of the International Monetary Fund (IMF) has approved a Resilience and Sustainability Facility

    Equities Investors Gain N2.1trn as NGX approaches N60trn

    News March 17, 2024

    Equities investors gained N2.1 trillion over the last five trading sessions on the Nigerian Exchange …

    US Senate Refuses To Fast-Track TikTok Bill

    News March 17, 2024

    US Senate Refuses To Fast-Track TikTok Bill A bill that would force the sale of TikTok from its Chinese owners…

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    McNichols Consolidated Unveils N1.12bn Rights Issue at Deep Discount

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