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    MarketForces Africa » Inside Africa -MarketForces Africa » Page 366

    Nigeria Seals $1.3bn Alumina Refinery Deal with AFC

    News March 1, 2026

    Nigeria Seals $1.3bn Alumina Refinery Deal with AFC The Federal Government of Nigeria and the Africa Finance Corporation (AFC) have…

    MTN Nigeria Sheds N420bn as Investors Take Profit

    Analysis March 1, 2026

    MTN Nigeria Sheds N420bn as Investors Take Profit Telecom company MTN Nigeria Plc dipped by about N420 billion as investors…

    CBN to Open Treasury Bills for Subscription as N799bn Mature

    News March 1, 2026

    The Central Bank of Nigeria (CBN) is poised to open Treasury bills for subscription at the primary market auction on Wednesday to efficiently refinance maturing securities.

    X-Compliance Report Exposes Liquidity Risks in Nigeria’s Equity Market

    News March 1, 2026

    The latest X-Compliance Report released by the Nigerian Exchange Group (NGX Group) points to a deeper structural liquidity challenge in Nigeria’s equity market rather than a temporary, cyclical weakness.

    OMO Bill Yield Increases as Investors Trim Holdings

    Business March 1, 2026

    The average yield on Nigerian OMO bills climbed to 21.1% in the secondary market, reflecting investors’ measured decisions to adjust their holdings in these short-term investment securities.

    XRP Gains 5.6% as Investors Rotate Fund to Altcoin

    Cryptocurrency March 1, 2026

    Ripple -XRP- has recovered 5.59% in the last 24 hours to $1.37 after a heated selloff that plunged the altcoin to $1.30 following the US hit on Iran, now outperforming a broader market that rose 3.61%.

    Dangote Cement Hikes Dividend by 50% as Profit Spikes

    Analysis March 1, 2026

    Dangote Cement Hikes Dividend by 50% as Profit Spikes Dangote Cement Plc has announced plans to pay shareholders N45 as…

    OPEC+ to Raise Oil Output in April

    News March 1, 2026

    OPEC+ to Raise Oil Output in April The Organisation of the Petroleum Exporting Countries (OPEC) and its allies, a group…

    Putin Says Killing of Iran’s Leader Violates Moral, International Law

    News March 1, 2026

    Putin Says Killing of Iran’s Leader Violates Moral, International Law Killing of Iran’s Supreme Leader Ayatollah Ali Khamenei was a…

    Uganda Airlines Suspends Dubai Flights Due to Airspace Closure

    News March 1, 2026

    Uganda Airlines Suspends Dubai Flights Due to Airspace Closure Uganda Airlines, the national carrier, has temporarily suspended flights to Dubai…

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    Nigeria Rejects UN Budget Cuts Threatening Development, Peacekeeping

    October 14, 2026

    Naira Gains 0.3 Pips as Interbank FX Turnover Soars By 427%

    October 14, 2026

    IMF Urges Countries to Replace Fuel Subsidies With Target Support for Vulnerable

    October 14, 2026

    New Master Plan to Grow Capital Market to N750trn — SEC

    October 14, 2026

    South African Rand Firmer Against Crosses Ahead of U.S. Inflation

    October 14, 2026

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