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    MarketForces Africa » Inside Africa -MarketForces Africa » Page 180

    EU Gas Prices Rise as Middle East Tensions Rattle Energy Market

    News March 3, 2026

    EU Gas Prices Rise as Middle East Tensions Rattle Energy Market European (EU) natural gas prices surged more than 20%…

    Money Market Rate Mixed, Banks Boost SDF Placement

    News March 3, 2026

    Money market rates closed mixed despite a significant surge in financial system liquidity at the beginning of the week. The overnight lending rate rose, but the repo rate closed flattish.

    XRP Gains on Strong ETF Inflows, CEO Regulatory Advocacy

    Cryptocurrency March 2, 2026

    Ripple (XRP) gained about 4% in 24 hours to $1.40, closely tracking Bitcoin’s 4.55% gain amid a broader 3.69% market rally…

    Champion Breweries Completes Bullet Brand Portfolio Acquisition

    Companies March 2, 2026

    Champion Breweries Completes Bullet Brand Portfolio Acquisition Champion Breweries today announced the successful completion of its acquisition of the Bullet…

    Dawes Island Oil Field Secures $109m Funding

    News March 2, 2026

    Dawes Island Marginal Oil Field has secured a $109 million lending facility with Toronto-based REIN Capital to boost its operations.

    Nigerian Tugboat Sinks off South African Coast

    News March 2, 2026

    Nigerian Tugboat Sinks off South African Coast A maritime tragedy unfolded off South Africa’s coast, where a Nigerian tugboat, LEO,…

    Akwa Ibom Pays N39.83 billion Debt

    News March 2, 2026

    The Akwa Ibom Government says it has cleared all inherited bank debts totalling N39.83 billion, including the principal and interest.

    NAICOM, BPP Sign Pact for Insurance Bond Issuance

    News March 2, 2026

    NAICOM, BPP Sign Pact for Insurance Bond Issuance The National Insurance Commission (NAICOM) and the Bureau of Public Procurement (BPP)…

    Nigeria’s Net Foreign Reserves Climb to $34.8bn –Cardoso

    News March 2, 2026

    Governor of the Central Bank of Nigeria (CBN), Mr Olayemi Cardoso, says Nigeria’s net foreign exchange reserves stood at N34.80 billion dollars as of December 2025.

    Naira Drops to N1,378 as FX Payments Eclipse Supply

    FX Market March 2, 2026

    The naira’s purchasing power dropped sharply at the official window as foreign payments initiated exceeded the US dollar liquidity at the currency market.

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    Editors Picks

    Iran Plans to Restore 3mbpd Oil Production in 60 Days

    June 20, 2026

    Aradel Grows Profit by 192%, Declares N23 as Final Dividend

    June 20, 2026

    Dangote Cement Sells 64% of Production Volume to Nigerians

    June 20, 2026

    Naira Tumbles as Interbank FX Turnover Drops by 43%

    June 20, 2026

    XRP Rises as HKIMR Recognises Ripple for Cross-Border Payment

    June 20, 2026

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