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    MarketForces Africa » Inside Africa -MarketForces Africa » Page 1409

    Interest Rate on 1-Year OMO Bill Drops by 10bps

    MarketNews June 4, 2024

    Interest Rate on 1-Year OMO Bill Drops by 10bps The interest rate offered on one-year open market operations (OMO bills)…

    Naira Depreciates to N1467.95, Lost 6.4% in May

    News June 4, 2024

    The naira depreciated further on Tuesday over persistent US dollar demand surge by eligible participants at the Nigerian autonomous foreign exchange market.

    Sahara Group Strengthens Downstream Business with Appointments

    News June 4, 2024

    Sahara Group has announced a series of strategic appointments aimed at advancing the expansion of the group’s downstream business in Africa.

    Equities Investors Lose N69bn as Financial Stocks Fall

    News June 4, 2024

    The equities market capitalisation of the Nigerian Exchange (NGX) dipped by more than N69 billion on Tuesday as investors began fresh profit taking in the local

    Projects: Dangote, Lafarge, BUA to See Solid Growth in 2024 –Analysts

    News June 4, 2024

    Nigeria’s cement companies are expected to see better growth performance in 2024 as government ramp up capital projects spending.  The first three months of the

    Alpha Mead Registers N5bn Commercial Paper Programme on FMDQ

    News June 4, 2024

    Alpha Mead Facilities & Management Services Limited has registered N5 billion commercial paper programme on FMDQ platform, according to an official statement.

    IATA Partners Emirates, Airbus on CBTA

    News June 4, 2024

    The International Air Transport Association (IATA), Emirates, and Airbus have joined forces to deliver a Competency-Based Training and Assessment (CBTA)

    Stranded Super Eagles Players now in Uyo – Olajire

    News June 4, 2024

    Ademola Olajire, Director of Communications, Nigeria Football Federation (NFF), on Tuesday confirmed that the stranded Super Eagles players in Lagos and

    Labour Unions Suspend Strike for One Week

    News June 4, 2024

    The Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) have suspended their industrial action – over a lack of consensus on a new minimum wage

    GCR Affirms Dangote Industries Limited’s Ratings on Strong Earnings Prospects

    News June 4, 2024

    GCR Ratings (GCR) affirmed the national scale long-term and short-term issuer ratings of AA+ (NG) and A1+ (NG) respectively accorded to Dangote Industries

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    Editors Picks

    Dangote Cement Gains N5.2trn as Earnings, Otedola Drive 28% Rally

    November 1, 2026

    PTAD Pays N13.87bn Pension Increment Arrears to 18,822 Retirees

    November 1, 2026

    FirstHoldco Slumps 17.31% as Pre-Earnings Buyers Cash Out

    November 1, 2026

    Naira Rises 116 Pips Against Dollar on FX Liquidity Boost

    November 1, 2026

    Apple Tops Nvidia as AI Spending Concerns Reshape Sentiment

    November 1, 2026

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