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    Home - Inside Africa - Page 2098

    FX Inflow into Investors/Exporters Window Plunged 47%

    Marketforces AfricaNovember 19, 20200

    Amidst low accretion into the nation’s external reserve, analysts have hinted that inflow into the apex bank’s Investors and Exporters Window plunged more than 47%.

    ‘FX Crunch Undermines Downstream Oil Sector Deregulation’

    Marketforces AfricaNovember 19, 20200

    Foreign Exchange (FX) scarcity could stifles downstream oil sector deregulation

    Federal Allocation: FG, States, LGCs Shared ₦604bn

    Marketforces AfricaNovember 19, 20200

    Federal Accounts Allocation Committee (FAAC) shares ₦604 billion for Federal Government, 36 States including the Federal Capital Territory and the 774 local government councils in the country.

    Sterling Bank Launches Single-digit Interest Rate Agribusiness Facility

    Marketforces AfricaNovember 19, 20200

    Sterling Bank Plc has launched a new product, Sterling Women and Youths in Agriculture Finance code (SWAY-AgFin), to provide low-cost financing at single-digit rates

    IMF Completes First Review of $10m Extended Credit Facility for Somalia

    Marketforces AfricaNovember 19, 20200

    IMF Completes First Review of $10m Extended Credit Facility for Somalia The Executive Board of the International Monetary Fund (IMF)…

    Eyes on Zambia: Eurobond Default Sends Bad Signal, IIF Advised Changes to Policy Mix

    Marketforces AfricaNovember 18, 20200

    Zambia recent Eurobond default signpost that there are trouble ahead

    FirstBank Promotes Financial Inclusion among Children with KidsFirst Account

    Marketforces AfricaNovember 18, 20200

    FirstBank of Nigeria (FBN) Limited has announced its variant account products – KidsFirst and MeFirst

    Investors Gain ₦300.5bn as Equities Market Reverses 2-day Profit-takings

    Marketforces AfricaNovember 18, 20200

    Investors gained ₦300.5 billion on Wednesday as equities market reverses 2-day profit-takings.

    Bond Market Records Descent Subscription as Yields Drop Slightly

    Marketforces AfricaNovember 18, 20200

    Bond market trades quietly as yields dropped marginally by an average of 4 basis points

    OKOMU Oil: Brighter Day Ahead as Border Closure Offers Market Edge

    Marketforces AfricaNovember 18, 20200

    With about 95% of its 953.91 million shares outstanding floated, Okomu Oil Plc market capitalisation

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