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    MarketForces Africa » Inside Africa -MarketForces Africa » Page 961

    Nigerian Bonds Yield Rises, Marginal Rates Increase by 1.75%

    MarketForces Finance October 27, 2024

    The average yield on Nigerian government bonds climbed slightly to 19.3% in the secondary market due to thin trading activities that had bearish tone.

    Treasury Yield Rises as CBN Hikes Rate on 364-Day Bills

    News October 27, 2024

    Treasury Yield Rises as CBN Hikes Rate on 364-Day Bills The average yield on Nigerian Treasury bills climbed to 24.1%…

    Money Market Rates Decline as FAAC Inflows Boost Liquidity

    News October 27, 2024

    Money market rates, the overnight lending and open repo rates dropped further after inflows from the Federal Accounts Allocation Committee

    Equities Investors Gain N835bn in 5-Day on Nigerian Exchange 

    News October 27, 2024

    Equities investors gained N835 billion in 5 days on the Nigerian Exchange trading platform due to buy side activities.  Due to investors’ interest in banking

    Unilever Nigeria Gains 18.4% after Solid Earnings Growth

    Analysis October 27, 2024

    Consumer goods company Unilever Nigeria Plc gained 18.4% or N20.107 billion, as the company’s earnings growth boosted investors’ confidence

    Ikeja Hotel Climbs by 15% after Strong Earnings Growth

    News October 27, 2024

    Ikeja Hotels Climbed by 15% as the company’s market value reached N22.312 billion on the Nigerian Exchange trading platform. The hospitality stock

    Nigeria’s Top 5 Banks Total Value Climbs to N5.63Trn or $3.52bn

    News October 27, 2024

    The combined market value of big banks increased by N468.1 billion in the last five trading sessions on the Nigerian Exchange last week. MarketForces Africa

    Airtel Africa Posts Profit after Localisation of Debts, Declares Interim Dividend

    Analysis October 27, 2024

    Airtel Africa Plc recorded a profit after tax of $79 million at the end of the first half of its financial year ended in Sept 2024 as a move to localized debts

    Collect Port Charges in Naira,  Shipping Agencies urge FG

    News October 27, 2024

    The Shipping Agencies, Clearing and Forwarding Employers Association (SACFEA) has called on the Federal Government to compel its agencies operating

    FX: Central Bank Sells $148m to Banks to Defend Naira

    News October 27, 2024

    The Central Bank of Nigeria (CBN) sold $148 million to authorised local deposit money banks to boost foreign currency liquidity and defend the naira. 

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    Global Markets Mixed on Hawkish Fed, US -Iran Unpriced Risk

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