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    MarketForces Africa » Inside Africa -MarketForces Africa » Page 1515

    Naira Strengthens to N1251 as FX Inflows Rise 42%

    News April 8, 2024

    Naira Strengthens to N1251 as FX Inflows Rise 42% The exchange rate outlook on the naira has turned positive with…

    Exclusion of Retain Earnings to Complicate Banks Recapitalisation –Moody’s

    News April 8, 2024

    Retain earnings of Nigeria’s deposit money banks (DMBs) excluded from capital base calculation will complicate recapitalisation plans for lenders, Moody’s Rating gave the hint in a new report.

    FBN Holdings Shrinks by 14.2% as Price Retreats

    News April 8, 2024

    FBN Holdings (FBNH) Plc shrank by more than 14% due to shareholders’ stock selloffs in the local bourse ahead of the first quarter of 2024 earnings release.

    Access Holdings Seeks N565bn from Rights Issue, Private Placement

    MarketNews April 7, 2024

    Access Holdings Plc has revealed a plan to raise N565 billion in capital from the local debt capital market to augment its funding profile.

    Equities Investors Wealth Declines by N623bn in Nigerian Market

    MarketNews April 7, 2024

    Investors in stocks lost roughly N623 billion as a result of selling rallies on the Nigerian Exchange (NGX

    Nigerian Breweries to Raise N600bn from Shareholders

    MarketNews April 7, 2024

    Due to the need to raise its capital profile, Nigerian Breweries (NB) Plc will be raising N600 billion from its shareholders.

    GTCO Plans Rights Issue, Private Placement Worth N525bn

    MarketNews April 7, 2024

    Guaranty Trust Holdings Company (GTCO) Plc, the top tier-1 financial institution in Nigeria, has disclosed plans to raise N525 billion

    Global IT Spending to Increase by 8% in 2024 – S&P

    News April 6, 2024

    Global IT spending will continue to increase — and at a considerably faster pace — in 2024 as businesses

    Mining, Education Take Centre Stage as Tinubu Welcomes New Envoys

    News April 6, 2024

    President Bola Tinubu has welcomed newly-appointed ambassadors to Nigeria, expressing his commitment to

    PETAN Resolves to Support Nigeria’s Oil, Gas Production Growth

    News April 6, 2024

    The Petroleum Technology Association of Nigeria (PETAN) has promised its support to the Bola Tinubu-led

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    Bitcoin Price Rises to $80k on Force Buying, Oversold Rebound

    November 4, 2026

    Court to Deliver Judgment in El-Rufai’s N10bn Rights Suit

    November 4, 2026

    Naira Dips Near N1,348 on FX Demand, Supply Imbalance

    November 4, 2026

    Transcorp Power Spikes 10% as Investors Stake Post-Earnings Bets

    November 4, 2026

    Transcorp Power, Banks Stock Drive Equities Rally, NGX Index Rises

    November 4, 2026

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