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    MarketForces Africa » Inside Africa -MarketForces Africa » Page 157

    Transcorp Hotels Bolsters H1 2026 Earnings Performance, Profit Jumps 21%

    News July 22, 2026

    Transcorp Hotels Plc bolstered earnings performance in the first half of financial year 2026 with after-tax profit climbing by 21% year-on-year to N10.5 billion, according to regulatory disclosure.

    Trump Approves 30-year Nuclear Pact with Saudi Arabia

    News July 22, 2026

    Trump Approves 30-year Nuclear Pact with Saudi Arabia U.S. President Donald Trump has approved a landmark nuclear deal with Saudi…

    XRP Rally Slows on S&P Dow Jones Crypto Index Exclusion

    News July 22, 2026

    Ripple XRP price is little changed at $1.14 on Wednesday despite S&P Global’s decision to exclude Bitcoin and the token from its crypto index due to revenue criteria.

    Nigeria Tasks AU on Tackling Illicit Funds Fuelling Terrorism in Africa

    News July 22, 2026

    Nigeria Tasks AU on Tackling Illicit Funds Fuelling Terrorism in Africa Nigeria has urged the African Union (AU) to tackle…

    Crude Oil Tops $95 on Escalating Tensions in the Middle East

    Oil and Gas July 22, 2026

    Oil prices surged nearly 5% Wednesday, with Brent crude topping $95 a barrel, as escalating US-Iran tensions

    South African Rand Firms Up Slightly Ahead of Rate Decision

    News July 22, 2026

    South African Rand Firms Up Slightly Ahead of Rate Decision The South African rand (ZAR) firmed up slightly against the…

    Global Markets Up as Investors Pile into Chipmakers on AI Trade Conviction

    News July 22, 2026

    Led by US and European indices, the global markets edged higher as investors piled into chipmakers on AI trade conviction, with Anthropic doubling down on mid-term spending to $40 million to advance AI regulation. 

    FirstHoldco Momentum Eases, Investors Assessing Earnings Quality

    News July 22, 2026

    FirstHoldco Plc slipped in the stock market due to moderate profit-taking, as investors begin to look more closely at the financial services company’s earnings quality.

    OMO Inflows Drive Nigeria’s Financial System Liquidity 72% Higher

    News July 22, 2026

    Financial system liquidity surged by about 72% to N3.10 trillion, supported by N1.46 trillion in inflows from matured OMO bills that were not refinanced by the Apex Bank.

    External Reserves Stand at $52bn – Cardoso

    Global Economy July 21, 2026

    External Reserves Stand at $52bn – Cardoso The Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, says Nigeria’s…

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    Editors Picks

    NVIDIA Tokenised Stock Rises to $204 on Fresh Buying Interest

    November 1, 2026

    Cardano Rises as Ambitious Target Price Estimate Drives Bargain Hunting

    November 1, 2026

    Nigerian Market Delivers 63.42% Return in 10 Months, Hits N165.5trn

    November 1, 2026

    Credite Capital Declares N70m Dividend, Plans N1bn Capital Base

    November 1, 2026

    HBAR Price Moves Higher Ahead of Hedera Testnet Upgrade

    November 1, 2026

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