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    MarketForces Africa » Inside Africa -MarketForces Africa » Page 204

    Eni Discovers Oil Wells in Ivory Coast, Angola

    News February 18, 2026

    Eni Discovers Oil Wells in Ivory Coast, Angola Energy major Eni continues to deliver on its exploration drive in Africa,…

    Oil Prices Rise Amidst Geopolitical, Geoeconomic Concerns

    News February 18, 2026

    Oil Prices Rise Amidst Geopolitical, Geoeconomic Concerns Oil prices climbed on Wednesday as markets struggled with geopolitical balance, reflecting sustained…

    GCR Affirms African Export-Import Bank Ratings, Revises Outlook

    News February 18, 2026

    GCR Ratings has affirmed African Export-Import Bank’s (Afreximbank) international scale long and short-term issuer ratings of A and A2, respectively. 

    Tier-1 Banks’ Selloffs Halt Momentum in Nigerian Exchange

    News February 18, 2026

    Selloff in Tier-1 banks – Zenith Bank, UBA, Access Holdings Plc halted momentum in the Nigerian stock market as investors reacted to disinflation

    Nigeria’s $150m Suit Against Google, GoDaddy.com Adjourns

    News February 18, 2026

    Nigeria’s $150m Suit Against Google, GoDaddy.com Adjourns The Federal High Court in Abuja, on Tuesday, adjourned the 150 million dollars…

    Debt Office Reopens N800bn Local Bonds for Subscription

    News February 18, 2026

    Debt Office Reopens N800bn Local Bonds for Subscription The Debt Management Office (DMO), on behalf of the Federal Government, has…

    MTN to Acquire IHS Towers African Operations in $6.2bn Deal

    News February 18, 2026

    MTN Group has agreed to acquire IHS Towers’ African operations in a $6.2 billion all-cash deal, according to an official statement.

    IHS Towers Agrees to Sell Shareholding to MTN for $8.50/Share

    News February 18, 2026

    IHS Towers shareholders have agreed to sell 75% interest to MTN Group at $8.50 per share, according to an official statement, a deal planned to be executed in cash. 

    Naira Maintains Uptrend Against USD, Spot Rate Rises to N1,335

    FX Market February 17, 2026

    The naira (NGN) exchange rate strengthened to N1,335 per US dollar (USD)at the Nigerian foreign exchange market (NFEM) on Tuesday, reflecting a strong supply versus demand level.

    CBN Sets for N1.15trn Midweek Treasury Bills Auction

    News February 17, 2026

    The Central Bank of Nigeria (CBN) is set to conduct its second Treasury Bills auction for the month on Wednesday as investors continue to show interest in the naira curve.

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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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