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    MarketForces Africa » Inside Africa -MarketForces Africa » Page 4

    FirstHoldco Soars 16.51% in 2-Day, Investors Bet on Earnings

    Julius AlagbeMay 12, 20260

    FirstHoldco Plc’s market value fired up in the stock market, gaining about 17% in two days as investors positioned in the financial services company. 

    Nigerian Exchange Surges N1.36trn as ‘FOMO’ Boosts Rally

    Ogochukwu NdubuisiMay 12, 20260

    Nigerian Exchange (NGX) expanded further on Tuesday, with investors gaining N1.36 trillion as pension funds continued to flood the local bourse.

    Nigeria Risks Falling Behind in Digital Procurement – Experts

    Ogochukwu NdubuisiMay 12, 20260

    Dr Olumide Olusanya, the Chief Executive Officer of Gloopro, says Nigeria risks falling behind globally if businesses fail to embrace digital procurement transformation and structured supply chain systems.

    Lagos Targets Infrastructure, Economic Growth with N4.4trn Budget

    Ogochukwu NdubuisiMay 12, 20260

    The Lagos State Government says its 2026 N4.444 trillion “Budget of Shared Prosperity” is designed to deepen infrastructure development, economic diversification, housing delivery and inclusive social growth across the state.

    Nigeria’s Tax Reforms Key to Economic Growth– Finance Minister

    Julius AlagbeMay 12, 20260

    Minister of Finance and Coordinating Minister of the Economy, Mr Taiwo Oyedele, said that the ongoing tax reforms were designed to build a global, competitive, equitable and fiscally sustainable economy.

    Iran Defines Strait of Hormuz as Far Larger Zone, IRGC says

    Ogochukwu NdubuisiMay 12, 20260

    Iran Defines Strait of Hormuz as Far Larger Zone, IRGC says Iran has expanded its definition of the Strait of…

    More Hantavirus Cases May Emerge in Coming Weeks — WHO

    Ogochukwu NdubuisiMay 12, 20260

    More Hantavirus Cases May Emerge in Coming Weeks — WHO World Health Organisation (WHO) Director-General Tedros Ghebreyesus says additional cases…

    Egypt Launches Transition to Electric Vehicles

    Julius AlagbeMay 12, 20260

    Egypt Prime Minister Mostafa Madbouly on Tuesday instructed officials to begin preparations for introducing electric vehicles into the government fleet as the country is stepping up its transition to sustainable transport.

    Africa Loses $89bn to Illicit Financial Flows Annually– Tax Experts

    Ogochukwu NdubuisiMay 12, 20260

    Experts from the West African Tax Administration Forum (WATAF) and the Tax Justice Network Africa (TJNA) say African countries lose about $ 89 billion annually to illicit financial flows (IFF).

    Oil Tops $105 in Reaction to Ceasefire on Life Support Talk

    Julius AlagbeMay 12, 20260

    Oil prices increased on Tuesday, with Brent topping $105 per barrel as the market reacted to a cease-fire on life support from the United States President, Donald Trump.

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    May 13, 2026

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