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    MarketForces Africa » Inside Africa -MarketForces Africa » Page 145

    Nigerian Naira Softens as NFEM Interbank FX Turnover Plunges

    News July 29, 2026

    The Nigerian naira softened against the US dollar at the official FX window, with data showing a sharp decline in interbank turnover over the past 24 hours.

    United Capital Microfinance Bank grows capital to N5.6bn

    News July 29, 2026

    United Capital Microfinance Bank grows capital to N5.6bn United Capital says its microfinance bank has grown its capital base from…

    Lagos Issuer Rating Upgraded as State’s Leverage Metrics Improve

    News July 29, 2026

    GCR Ratings has upgraded Lagos State Government’s national scale long-term issuer rating to AA(NG) from AA-(NG) and affirmed its national scale short-term issuer rating at A1+(NG).

    Equities Investors Lose N648bn as Bears Regain Control on NGX

    News July 29, 2026

    The Nigerian Exchange (NGX) All-Share Index (ASI) declined as equities investors lost about N648 billion, reversing the previous day’s rebound.

    Cardano Price Surges 5% after ‘Best Days Ahead’ Founder’s Talks

    News July 29, 2026

    Cardano (ADA) price increased by 4.98% to $0.164, significantly outperforming a broader market

    XRP Price Jumps as OSL Group Lists Ripple for Retail Trading

    News July 29, 2026

    Ripple (XRP) price jumped 4% in 24 hours to $1.09, outperforming a broader market…

    Oil Prices Rise in Reaction to Saudi, U.S. Strikes Against Iran

    News July 29, 2026

    Oil prices rebounded Wednesday after joint US-Saudi military strikes against Iran-aligned groups

    SPE Backs Federal Government’s ‘Transparent’ Oil Licensing

    News July 29, 2026

    SPE Backs Federal Government’s ‘Transparent’ Oil Licensing The Society of Petroleum Engineers (SPE) Nigeria Council has praised the Federal Government…

    AVA Capital Lists on Nigerian Exchange by Introduction

    News July 29, 2026

    AVA Capital Lists on Nigerian Exchange by Introduction AVA Capital Plc, an integrated financial services group, says it will be…

    3-Day to Recapitalisation Deadline, Insurance Stocks Lift NGX by N481bn

    Stock Market July 29, 2026

    Investors in the Nigerian stock market gained N481 billion as renewed demand for insurance stocks lifted the market ahead of the July 31 insurance recapitalisation deadline.

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    Nigeria Identifies Two Suspected Ebola Cases in North-East Says NCDC

    October 31, 2026

    Oando Profit Sinks 47% to N106.45bn as Finance Income Tanks

    October 31, 2026

    XRP is down 0.71% to $1.25 as Open Interest Falls

    October 31, 2026

    Abia has Repaid Over N90bn Debt in 3 years — Otti

    October 31, 2026

    HYPE Falls by 6% as ICE Plans Regulated US Perps on Hyperliquid

    October 31, 2026

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