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    MarketForces Africa » Inside Africa -MarketForces Africa » Page 34

    Nigeria, Türkiye Sign MoU on Solid Minerals Development

    News May 25, 2026

    Nigeria and Türkiye have signed a Memorandum of Understanding (MoU) to strengthen bilateral cooperation in the solid minerals sector, aimed at deepening economic ties between the two countries.

    Nigeria’s GDP Expands by 3.89% in Q1 2026- Statistics Office

    News May 25, 2026

    Nigeria’s Gross Domestic Product (GDP) rate in real terms grew by 3.89 per cent in the first quarter of 2026 on a year-on-year basis, the National Bureau of Statistics (NBS) says in a report.

    Oil Prices Ease Sharply on U.S.-Iran Peace Outlook

    News May 25, 2026

    Oil prices fell by more than 5% on Monday as the US and Iran drew closer to a peace agreement. Brent crude traded at $95.10 per barrel, down around 5.1% from the previous close of $100.21.

    AXA Mansard Dips 6.5% as Investors Trim Holdings

    News May 25, 2026

    AXA Mansard Plc lost 6.5% of its market value as investors sold insurance stocks on the Nigerian Exchange (NGX) due to weak sentiment. 

    South African Rand Rises Ahead of SARB Rate Decision

    News May 25, 2026

    South African Rand Rises Ahead of SARB Rate Decision The South African rand (ZARUSD) is appreciating against its major crosses,…

    Global Equity Markets Firmer, AI-Linked Names Drive Wall St. Gain

    News May 25, 2026

    Global equity markets open firmer on Monday amid surging demand for AI and tech stocks on Wall Street and across Asian bourses, and a strong performance in the S&P 500.

    Bitcoin Tops $77k as Bank of America Increases Crypto Holdings

    News May 25, 2026

    Bitcoin (BTC) price increased by more than 1% over the past 24 hours to $77,080.93, slightly outperforming a broadly flat market, primarily driven by a repricing of geopolitical risk.

    HYPE Gains 6% on Protocol’s Assistance Fund Token Buyback

    News May 25, 2026

    Hyperliquid (HYPEUSD) gained 6.34% to $62.47, significantly outperforming a flat broader market, primarily driven by its massive, protocol-enforced buyback program.

    OMO, T-Bills Auctions Outflows Shrink Banking System Liquidity

    News May 25, 2026

    Excess liquidity in the banking system, which peaked above N6 trillion, shrank due to outflows relating to the settlement of OMO and Nigerian Treasury bills sold at the primary market auctions.

    Kasi Cloud Datacenters Commission West Africa’s First Hyper-Scale-Ready, AI-Capable Data Centre Campus in Lagos

    News May 25, 2026

    Kasi Cloud Datacenters Commission West Africa’s First Hyper-Scale-Ready, AI-Capable Data Centre Campus in Lagos Kasi Cloud Datacenters today held the…

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    Editors Picks

    CBN to Open N1trn Treasury Bills for Subscription on Wednesday

    June 16, 2026

    MemeCore Price Rises 6.6% as Investors Speculate

    June 16, 2026

    ‘Why Insurance Penetration is Low in Nigeria – NCRIB

    June 16, 2026

    EU Parliament Approves EU-U.S. Trade Deal Legislation

    June 16, 2026

    Federal Government Moves to Curb Rising Cooking Gas Prices

    June 16, 2026

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