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    MarketForces Africa » Inside Africa -MarketForces Africa » Page 146

    CBN Sells OMO Bills Worth N2.4trn, Prices Mid-Tenor 21.9%

    News March 23, 2026

    The Central Bank of Nigeria (CBN) sold OMO bills worth N2.4 trillion to banks, and foreign portfolio investors at the primary market auction floated on Monday.

    Naira Drops Sharply Amidst Successive FX Reserves Outflow

    News March 23, 2026

    The naira pulled back sharply against the US dollar at the Nigerian foreign exchange market (NFEM) as foreign reserves recorded its fifth outflow for international payments on Monday.

    NGX Shrinks by N1.38trn as Investors Dump MTNN, GTCO

    News March 23, 2026

    NGX Shrinks by N1.38trn as Investors Dump MTNN, GTCO The Nigerian Exchange (NGX) shed about N1.38 trillion as investors dumped…

    Court Jails Ex-AGoF, Nwabuoku 72 years for N868m Fraud

    News March 23, 2026

    The Federal High Court in Abuja, on Monday, convicted and sentenced Chukwunyere Nwabuoku, former acting Accountant-General of the Federation (AGoF), to a 72-year jail term without an option of fine.

    NDCC Chamber of Commerce Targets $5bn Investment, Jobs in Niger Delta

    News March 23, 2026

    NDCC Chamber of Commerce Targets $5bn Investment, Jobs in Niger Delta The Niger Delta Chambers of Commerce, Industry, Trade, Mines,…

    Naira Bulls Maintain Positive Outlook on Exchange Rate

    FX Market March 23, 2026

    Naira bulls at the Brroastreet have maintained a positive outlook on the exchange rate amidst geopolitical dislocation that has pushed oil prices above $110 on Monday.

    CBN Renews Focus on Inflation Targeting Monetary Policy

    News March 23, 2026

    CBN Renews Focus on Inflation Targeting Monetary Policy The Central Bank of Nigeria (CBN) has reaffirmed its commitment to deepening…

    Trump Halts Plan to Attack Iran’s Power Plants after Talks

    News March 23, 2026

    U.S. President Donald Trump has postponed any military strikes on Iranian power plants and energy infrastructure for five days following “productive conversations” with Iran.

    XRP Price Climbs as Profit-Taking Slows

    News March 23, 2026

    XRP Price Climbs as Profit-Taking Slows Ripple (XRP) gained 2% over 24 hours, trading at $1.41 as profit-taking by retail…

    Probe: NGX Regco Cuts Zichis Agro-Allied Share Price by 50%

    News March 23, 2026

    The Nigerian Exchange (NGX) regulator has lifted its suspension on Zichis Agro-Allied shares following the conclusion of its probe into the company’s sharp price movement.

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    Editors Picks

    GCR Upgrades Rand Merchant Bank Nigeria Rating to AA

    June 19, 2026

    AI Future Depends on Resilient Telecom Infrastructure – Adebayo

    June 19, 2026

    Emerging Market Sovereigns’ Use of Total Return Swaps Raises Risks

    June 19, 2026

    XRP Price Declines to $1.12 on Forced Liquidations, US Fed Tone

    June 19, 2026

    Oil Prices Inch Towards ‘Pre-War’ as Supply Risk Eases

    June 19, 2026

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