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    Home - Inside Africa - Page 66

    United Capital Infrastructure Fund Posts 24.62% Return

    Gilbert AyoolaMarch 10, 20260

    United Capital Infrastructure Fund Posts 24.62% Return The United Capital Plc Infrastructure Fund delivered a 24.62% gross return in FY2025,…

    FG Seeks Balance Between Rice Supply, Local Industry Protection

    Ogochi ChristianMarch 10, 20260

    The Federal Government (FG) says it is working to strike a balance between ensuring adequate rice availability in the market while protecting local producers and processors to sustain Nigeria’s growing rice value chain.

    Exchange Rate Gap Collapsed as Naira Maintains Downtrend

    Olu AnisereMarch 10, 20260

    The exchange rate gap in Nigeria’s foreign exchange market has collapsed sharply as the spot rate has maintained a downward trend for 14 consecutive trading sessions.

    CBN Floats N600bn OMO Bills, Allocates N81bn to Investors

    Ogooluwa AremuMarch 9, 20260

    The Central Bank of Nigeria (CBN) conducted an auction for N600 billion in OMO bills on Monday as part of its strategy to reduce excess liquidity in the financial system.

    XRP Gains as Inflation Hedging Boosts Trading Volume

    Ogooluwa AremuMarch 9, 20260

    Ripple (XRP) gained about 2% in a fresh rally, trading at $1.37 as investors hedged against the U.S. consumer price index. Inflation drove trading volume higher on Monday.

    Conoil, Aradel, Oando Drive NGX Rally, Investors Gain N147bn

    Ogochi ChristianMarch 9, 20260

    Conoil, Aradel, Oando Drive NGX Rally, Investors Gain N147bn Shares of oil companies, including Conoil, Aradel Holdings and Oando Plc,…

    Dangote Refinery Increases Petrol Price to N1,175

    Marketforces AfricaMarch 9, 20260

    Dangote Refinery Increases Petrol Price to N1,175 The Dangote Petroleum Refinery has raised the price of Premium Motor Spirit (PMS)…

    ICE Mortgage Monitor: Q4 Lending Climbs to 3.5-Year High

    Julius AlagbeMarch 9, 20260

    Intercontinental Exchange, Inc. (NYSE: ICE), one of the world’s leading providers of financial market technology and data powering global capital markets, today released its March 2026 ICE Mortgage Monitor Report.

    TAO Gains 9.5% as Crypto Markets Attract AI Agents

    Ogochi ChristianMarch 9, 20260

    Bittensor (TAO) gained 9.51% over the past 24 hours, trading around $196.14 on Monday, significantly outperforming a mostly flat broader market as AI agents ventured into cryptocurrency.

    CBN to Float OMO Auctions after 60% Bids Rejection

    Ogooluwa AremuMarch 9, 20260

    Deposit money banks (DMBs) and foreign portfolio investors (FPIs) are actively positioning for the Central Bank of Nigeria (CBN) open market operations in the new week amid high liquidity in the financial system.

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