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    MarketForces Africa » Inside Africa -MarketForces Africa » Page 1555

    NGX Slumps as Investors Eye High Yield in Debt Market

    News February 7, 2024

    The Nigerian Exchange (NGX) equities market capitalisation slumped further on Wednesday as investors shifted attention to fixed interest securities. The mone

    Nigeria: Production Commences at Akpo West Field –TotalEnergies

    News February 7, 2024

    TotalEnergies has announced the commencement of production, another tie-back project at Apo West Field, Nigeria, according to an official statement.

    Wema Bank Names Kazaure, Opeke as New Board Members

    News February 7, 2024

    Wema Bank Plc has announced the appointments of Mr Yusuf Zubair Kazaure as Non-Executive Director and Segun Opeke as Executive Director to its Board effective

    Sub-Saharan Africa’s GDP to Hit US$4.5 Trillion

    News February 7, 2024

    Euromonitor International has forecast that Sub-Saharan Africa’s gross domestic product (GDP) will double by 2040 from the 2022 figure of USD 2 trillion to over

    Firm Sees Nigeria Bond Yield Hitting 18.6% in 3-Month

    News February 7, 2024

    In the next three months, the yield at the longer end of the curve for Federal Government of Nigeria (FGN) bonds could escalate to 18.6%, an investment firm

    Bonds Yield Rises to 15.32% on Tough Reforms

    News February 7, 2024

    The secondary market for trading Nigerian bonds experienced moderate sell pressure which shifted the yield curve forward as the country embarked on tough policy

    Yuan Strengthens 7. 1049 Against Dollar

    Foreign February 7, 2024

    The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 33 pips to 7.1049 against the dollar on Wednesday, according to the China

    Selloffs Provoke Sharp Increase in Treasury Bills Yields

    News February 7, 2024

    Selloffs on Nigerian Treasury bills (NTB) in the secondary market provoked a spike in the average yield …

    Naira Exchange Rates Fix by Demand, Supply of Forex – Cardoso

    News February 7, 2024

    The Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, says the value of the Naira is determined by the availability of foreign exchange.

    Naira Skids as US Dollar Supply Sinks by 20.3%

    News February 7, 2024

    The Naira depreciated yet again by 0.99% to close at N1,433.89 per US dollar at the Nigeria autonomous foreign

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    Fuel Price Hike: FG Vows Relief, Cites Global Pressures

    October 12, 2026

    Nigerian Naira Depreciates as Interbank FX Turnover Slumps 78%

    October 12, 2026

    World Bank Commends Nigeria as Private Capital Inflows Hit $6bn

    October 12, 2026

    Obasanjo Seeks Increase in 13% Derivation for Oil-Producing States

    October 12, 2026

    XRP Declines as Standard Chartered Launches RLUSD Custody

    October 12, 2026

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