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    MarketForces Africa » Inside Africa -MarketForces Africa » Page 7

    CBN Sells N3.3trn OMO Bills to Banks, Foreign Investors

    Julius AlagbeMay 11, 20260

    The Central Bank of Nigeria (CBN) sold OMO bills worth N3.3 trillion across two major open market operations to tighten liquidity in the financial system, according to auctions that slowed last week.

    XRP Gains, Breaks $1.45 Resistance on Clarity Act Optimism

    Julius AlagbeMay 11, 20260

    Ripple (XRP) price climbed to $1.47, a breakout on high volume, backed by regulatory hopes. The altcoin outperforms flat Bitcoin, driven by regulatory optimism.

    UK Financial Markets Deliver Brutal Verdict on Starmer’s ‘Reset’ Speech

    Julius AlagbeMay 11, 20260

     UK financial markets are reacting negatively in real time to Prime Minister Keir Starmer’s high-stakes “reset” speech on Monday morning, with gilt yields climbing sharply and Sterling weakening as investors assess the growing political crisis engulfing the government following devastating local election losses.

    African Experts Seek to Innovate on Debt Reform, Sustainable Finance

    Julius AlagbeMay 11, 20260

    The UN Economic Commission for Africa  (ECA) and Financial Sector Deepening (FSD) Africa concluded on Friday, 8 May in Addis Ababa, Ethiopia, the Second African Forum on Sovereign Finance, under the theme: “Enhancing Fiscal Space and Debt Sustainability.”

    Oil Prices Surge on US-Iran ‘Back and Forth’ Peace Talks

    Julius AlagbeMay 11, 20260

    Oil prices climbed on Monday as the US and Iran dashed hopes of a peace agreement following a series of proposals and counterproposals over the opening of the Strait of Hormuz. 

    Barcelona Edges Madrid 2-0 to Seal LaLiga Title

    Ogochukwu NdubuisiMay 11, 20260

    Barcelona Edges Madrid 2-0 to Seal LaLiga Title Barcelona defeated rivals Real Madrid 2-0 on Sunday night to clinch the…

    Earnings Beat: NAHCO Reinforces Investors’ Confidence with Bold Reward

    Gilbert AyoolaMay 11, 20260

    Nigerian Aviation Handling Company (NAHCO) Plc has reinforced investor confidence with a bold shareholder reward strategy following the release of its 2025 audited report, underscoring the company’s accelerating earnings momentum and resilient balance sheet expansion despite Nigeria’s challenging macroeconomic environment.

    NPA Records Increased Cargo, Vessel Traffic in Q1

    Ogooluwa AremuMay 10, 20260

    NPA Records Increased Cargo, Vessel Traffic in Q1 The Managing Director of the Nigerian Ports Authority, Abubakar Dantsoho, says the…

    Bitcoin Gains as Morgan Stanley ETF Posts Zero Outflow

    Julius AlagbeMay 10, 20260

    Bitcoin (BTCUSD) price rose to $81.5k amid sustained investor optimism ahead of the US clarity Act and amid uncertainties in the geopolitical environment.

    Dangote Cement Hits N18.4trn Market Cap, Overtakes MTN, BUAFOODS

    Ogochukwu NdubuisiMay 10, 20260

    Dangote Cement Plc has overtaken BUAFoods and MTN Nigeria as the most valuable listed company on the Nigerian Exchange, with its market cap hitting N18.358 trillion at the close of trading on Friday.

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    May 14, 2026

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