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    MarketForces Africa » Inside Africa -MarketForces Africa » Page 265

    Oil Rises as Trump Says Iran Blockade Could Last ‘Months’

    News April 30, 2026

    Oil prices climbed Thursday as escalating tensions and a prolonged deadlock between the US and Iran fueled expectations of continued supply disruptions and tighter global markets.

    Lafarge Africa Enters New Cycle, Market Reprices Growth Prospects

    Analysis April 30, 2026

    Lafarge Africa Enters New Cycle, Market Reprices Growth Prospects Lafarge Africa Plc has entered a pivotal transition phase following the…

    NOFR Holds Steady as Money Market Liquidity Eases to N5.8trn

    News April 30, 2026

    The Nigerian Overnight Rate (NOFR) steadied as the banking system’s surplus liquidity narrowed following the settlement of the April bond auction.

    DOGE Price Surges 4% on German Exchange ETP Launch

    Cryptocurrency April 30, 2026

    Dogecoin (DOGE) price surged 4.05% to $0.106 over the past 24h, significantly outperforming the market amid a down market, primarily driven by the launch of a new institutional investment product.

    Bitcoin Price Declines as U.S. Fed Keeps Rates Steady

    News April 30, 2026

    Bitcoin (BTCUSD) price declined to $75,762.88 on Thursday amid hawkish Federal Reserve policy and escalating geopolitical tensions. Macro policy and risk-off…

    Egbin Halts Operations After Fatal Underwater Maintenance Incident

    Companies April 30, 2026

    Egbin Halts Operations After Fatal Underwater Maintenance Incident Egbin Power Plc has shut down operations following a fatal industrial accident…

    Yield on Nigerian Treasury Bills Declines to 17.5%

    News April 30, 2026

    Yield on Nigerian Treasury Bills Declines to 17.5% The average yield on Nigerian treasury bills declined to about 17.5% in…

    XRP Price Slides to $1.36, Ripple Stablecoin Lists on OKX

    Cryptocurrency April 29, 2026

    Ripple’s XRP price dips to $1.36, underperforming a slightly softer broader market amid macro headwinds pressuring the entire crypto sector.

    Banking Index Jumps as Investors Rotate Fund to ETI, FCMB

    News April 29, 2026

    Banking Index Jumps as Investors Rotate Fund to ETI, FCMB The Nigerian Exchange (NGX) banking index spiked on Wednesday as…

    GCR Affirms Providus Bank BBB-/A3 Ratings, Outlook Evolving

    News April 29, 2026

    GCR ratings have affirmed Providus Bank Limited’s national scale long and short-term issuer ratings of BBB-(NG) and A3(NG) respectively; outlook maintained…

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    Editors Picks

    World Bank Commends Nigeria as Private Capital Inflows Hit $6bn

    October 12, 2026

    Obasanjo Seeks Increase in 13% Derivation for Oil-Producing States

    October 12, 2026

    XRP Declines as Standard Chartered Launches RLUSD Custody

    October 12, 2026

    NGX Index Sinks, Investors Lose N407bn as Tier-1 Banks Dip

    October 12, 2026

    NVIDIA Tokenised bStocks Slides on Bearish IMF Report

    October 12, 2026

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