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    MarketForces Africa » Inside Africa -MarketForces Africa » Page 270

    Overnight Rate Steadies, Money Market Liquidity Reduces

    News May 14, 2026

    The short-term benchmark rates were steady in the money market, as liquidity conditions in the financial system remained surplus following a series of open-market operations.

    Venezuela Moves to Overhaul Sovereign Debt after Years of Default

    News May 14, 2026

    Venezuela has launched a broad restructuring of its foreign debt, including obligations tied to state oil company PDVSA, the Ministry of Economy and Finance announced on Wednesday.

    XRP Slides to $1.43 Ahead of U.S. Clarity Act Vote

    Cryptocurrency May 14, 2026

    Ripple (XRP) price is down 0.56% to $1.43 ahead of the U.S. Clarity Act vote, underperforming a flat market amid broad crypto risk-off sentiment sparked by hot inflation data.

    NCC on Course to Address Concerns over Telecom Operators’ Poor Services

    News May 14, 2026

    The Nigerian Communications Commission (NCC) has noted recent public concerns regarding the quality of telecommunications services in parts of the country.

    Citi Outlines Pathway to Stronger, Durable Returns at Investor Day

    News May 14, 2026

    Citi outlined a clear pathway to stronger, more durable returns at its 2026 Investor Day, highlighting the growing strategic importance of its global network in driving future growth.

    Uzbekistan Debuts Largest London IPO, First Global Equity Offer

    News May 13, 2026

    The National Investment Fund of the Republic of Uzbekistan (UzNIF) has successfully completed its initial public offer (IPO) on the London Stock Exchange and Tashkent Stock Exchange, the first ever global equity offering from Uzbekistan.

    Otedola’s N43bn Signal: Billionaire Bet Reshapes FirstHoldCo

    News May 13, 2026

    In capital markets, there are moments when rhetoric becomes irrelevant, and conviction is measured only in cash deployed. Today, Wednesday, May 13, 2026, delivered one of those moments.

    Investors Trade 1.68bn Shares worth N109.4bn on NGX

    News May 13, 2026

    Equity investors on the Nigerian Exchange (NGX) traded 1.683 billion shares across sectoral names, worth N109.438 billion, in 76,557 transactions on Wednesday.

    OPEC Oil Output Tumbles 1.7 mbpd in April

    Oil and Gas May 13, 2026

    OPEC Oil Output Tumbles 1.7 mbpd in April Crude oil production by the Organisation of the Petroleum Exporting Countries (OPEC)…

    Crude Oil Prices Ease Ahead of Trump, Xi Meeting

    News May 13, 2026

    Crude Oil Prices Ease Ahead of Trump, Xi Meeting Oil prices fell on Wednesday as investors monitored mixed signals surrounding…

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    Editors Picks

    Interest Rates on Nigerian Treasury Bills Fall Across Tenors

    November 4, 2026

    SK Hynix Tokenised Stock Dips 4% as Asian Tech Shares Fall

    November 4, 2026

    Nigeria Yields Hold Firm as Investors Pivot to OMO Bills Auction

    November 4, 2026

    NVIDIA Tokenised bStocks Climbs as NVDA Rebounds

    November 4, 2026

    Oil Prices Rise as Markets Brace for Nuclear Strike Against Iran

    November 4, 2026

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