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    Sterling Financial Bolsters Earnings, Grows Profit by 37% to N97.28bn

    October 29, 2026

    South African Rand Steadies as Investors Digest Fed Rates Decision

    October 29, 2026

    Nigeria’s 20-Year US Dollar Bond Yield Falls to 8.50%

    October 29, 2026
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    • Sterling Financial Bolsters Earnings, Grows Profit by 37% to N97.28bn
    • South African Rand Steadies as Investors Digest Fed Rates Decision
    • Nigeria’s 20-Year US Dollar Bond Yield Falls to 8.50%
    • UK, Nigeria Seek Investment in Small Hydropower Projects
    • Fidelity Bank Redeems $400 Million Eurobond at Maturity
    • Oil Prices Ease on Hope of Fresh US-Iran Talks, Brent Dips to $110
    • Excess Liquidity in Banking System Eases to N8.6trn, Rates Diverge
    • Naira Sustains Rally as Interbank FX Turnover, Deal Counts Dip
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    MarketForces Africa » Inside Africa -MarketForces Africa » Page 5

    Nigeria’s US Dollar Bonds Dumped as 10-Year Yield Surges to 8%

    News October 27, 2026

    Ahead of the Federal Reserve’s rate decision, foreign portfolio investors and asset managers dumped Nigerian US dollar

    Nigerian Banking System Excess Liquidity Climbs to N7.31trn

    News October 27, 2026

    Nigerian Banking System Excess Liquidity Climbs to N7.31trn Keeping money market rates movements in check, surplus liquidity in the Nigerian…

    Oil Dips as US-Iran Negotiations Progress, Brent Falls to $110

    News October 27, 2026

    Global crude oil prices dipped further on Tuesday as diplomatic efforts to ease tensions between the US and Iran

    CBN Intervenes in FX Market, Injects $500m to Ease Supply Stress

    News October 27, 2026

    The Central Bank of Nigeria (CBN) defended the naira by injecting $500 million, equivalent to N1,360.15 to N1,376, into banks amid rising demand for the US dollar in the official window.

    Bitcoin Falls Below $80k Ahead of Federal Reserve Rate Decision

    News October 26, 2026

    Bitcoin (BTC) price dropped below $80k, settling at $ 79,800 on Monday and …

    Naira Losses Deepen, Exchange Rate Weakens to N1,367/$US

    News October 26, 2026

    Naira losses against the US dollar deepened at the Nigerian Foreign Exchange Market (NFEM), the official window for the Central Bank’s daily FX rate.

    Equities Investors Gain N2.6trn as Dangote Cement, FirstHoldco Rally

    News October 26, 2026

    Equities investors on the Nigerian Exchange (NGX) gained more than N2.6 trillion as Dangote Cement, FirstHoldco, Aradel, and other mid- and large-cap stocks gained momentum.

    Transcorp Group Delivers N111.4bn Profit in 9M-2026, Expands Margin

    News October 26, 2026

    Transnational Incorporation Plc (Transcorp Group) delivered N111.4 billion pretax profit in the first nine months of financial year 2026, according to its unaudited financial statement released on the Nigerian Exchange.

    SK Hynix Tokenised bStock Rises on Capital Rotation to RWA

    News October 26, 2026

    South Korean semiconductor maker SK Hynix Tokenised bStocks (SKHYB) rose 1.32% to $141.50 on Monday

    Micron Technology Tokenised Stock Climbs on Speculative Bets

    News October 26, 2026

    Micron Technology Tokenised Stock (Robinhood) price climbed 2.14% to $909.02 on Monday

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    Editors Picks

    Sterling Financial Bolsters Earnings, Grows Profit by 37% to N97.28bn

    October 29, 2026

    South African Rand Steadies as Investors Digest Fed Rates Decision

    October 29, 2026

    Nigeria’s 20-Year US Dollar Bond Yield Falls to 8.50%

    October 29, 2026

    UK, Nigeria Seek Investment in Small Hydropower Projects

    October 29, 2026

    Fidelity Bank Redeems $400 Million Eurobond at Maturity

    October 29, 2026

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