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    MarketForces Africa » Inside Africa -MarketForces Africa » Page 193

    NGX Flags Unusual Share Price Swings, Urges Caution

    News February 23, 2026

    The Nigerian Exchange (NGX) Ltd. has raised concerns over sharp and unusual price movements in shares of some listed companies in recent trading sessions.

    Bitcoin Falls to $64k on Sharp Leverage Liquidations

    Cryptocurrency February 23, 2026

    Bitcoin Falls to $64k on Sharp Leverage Liquidations Bitcoin (BTC) fell to the $64k level on Monday as uncertainties in…

    Lagos Approves 13% BRT Fare Rise

    Transportation February 23, 2026

    Lagos Approves 13% BRT Fare Rise The Lagos State Government has approved a 13 per cent increase in fares across…

    Alleged N6bn Money Laundering: Mompha Challenges Court Ruling

    News February 23, 2026

    Alleged N6bn Money Laundering: Mompha Challenges Court Ruling Social media celebrity, Ismaila Mustapha, popularly known as Mompha, on Monday challenged…

    Naira Falls Again as Nigeria Avoids Strong Local Currency

    FX Market February 23, 2026

    The Nigerian naira falls for the fourth consecutive trading session in the foreign exchange market, as the Central Bank’s large US dollar purchases signal a move to curb a strong local currency.

    Nigerian Exchange Inches Near N126trn, Investors Gain N805bn

    News February 23, 2026

    Nigerian Exchange (NGX) market capitalisation inched near N126 trillion on Monday, as equities investors gained more than N791 billion in an ongoing bargain hunting.

    NGX Suspends Zichis after 772% Price Appreciation

    Business February 23, 2026

    NGX Suspends Zichis after 772% Price Appreciation The Nigerian Exchange Limited (NGX) has suspended trading in Zichis Agro-Allied Industries Plc…

    CBN Mops Up Dollars to Slowdown Naira Appreciation

    News February 23, 2026

    The Central Bank of Nigeria (CBN) slowed naira appreciation at the official window and mopped up about $190 million from the local currency market last week.

    BTC, ETH Fall as U.S Tariffs Drive Massive Crypto Selloffs

    Cryptocurrency February 23, 2026

    US President Donald Trump’s new 15% global tariffs push has added macro shock risk and helped trigger around $500 million in forced liquidations across leveraged crypto positions.

    Riskoff: Global Crypto Market Cap Sinks Below $2.3trn

    News February 23, 2026

    The global crypto market dropped by about 2% in 24 hours to $2.28 trillion, driven by a macro-driven sell-off triggered by new U.S. tariff plans.

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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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