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    MarketForces Africa » Inside Africa -MarketForces Africa » Page 374

    FCMB, Jaiz Bank Drive Banking Index Upswing

    Stock Market February 25, 2026

    Buying interest in FCMB and Jaiz Bank drove the banking index higher on the Nigerian Exchange despite significant profit-taking.

    Nigerian Treasury Bills Yield Falls, Real Interest Rate Eases

    News February 25, 2026

    The average yield on Nigerian Treasury bills declined to 17.04% in the secondary market due to sustained positioning in the naira curve.

    Rates Drop as OMO Inflow, Banks Lodgments Buoy Liquidity

    Markets February 25, 2026

    Inflows from expired OMO bills and from deposit money banks (DMBs)’ lodgments buoyed liquidity in the financial system, investment firms said in separate market updates.

    BTC, ETH Drive Crypto Market Rally on U.S Policy Speculation

    Cryptocurrency February 25, 2026

    The crypto market climbed by 2.27% in the last 24 hours to $2.24 trillion, driven by bullish speculation on U.S. policy changes, showing a correlation of 95% with the S&P 500.

    INEC Denies Result Manipulation in FCT Polling Unit

    Politics February 25, 2026

    INEC Denies Result Manipulation in FCT Polling Unit The Independent National Electoral Commission (INEC) has dismissed allegations of result manipulation…

    El-Rufai Asks Court to Stop ICPC, EFCC, DSS From Blocking His Assets

    News February 25, 2026

    El-Rufai Asks Court to Stop ICPC, EFCC, DSS From Blocking His Assets Former Gov. Nasir El-Rufai of Kaduna State has…

    Oil Prices Ease Ahead of US-Iran Nuclear Talks in Geneva

    News February 25, 2026

    Oil prices reduced slightly in the global commodity market on Wednesday ahead of U.S-Iran nuclear talks in Geneva, with the hope that diplomatic discussions will reduce supply risks.

    Litecoin Price Climbs to $51.69 on Technical Bounce

    Cryptocurrency February 24, 2026

    Litecoin Price Climbs to $51.69 on Technical Bounce Litecoin (LTC) price gained about 100 basis points in 24 hours to…

    Euro Area Household Consumption to Increase in 2026 -Fitch

    News February 24, 2026

    Household consumption continues to rise steadily across the euro area as the economy outperformed Fitch Ratings’ expectations in 2025, increasing by 1.5%, and Fitch expects a similar rate of expansion in 2026.

    Naira Falls After Action to Block Flight to Safety Risk

    FX Market February 24, 2026

    For the fifth trading session, the naira declined against the US dollar amid tightening liquidity, driven by the Apex Bank’s efforts to prevent the local currency from gaining momentum.

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    Editors Picks

    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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