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    MarketForces Africa » » Page 1019

    Saudi Arabia’s Trade Surplus Declines – Statistics Office

    News September 25, 2024

    The Kingdom of Saudi Arabia recorded a merchandise trade surplus of 19.29 billion riyals or SAR in July, down from the revised 19.64 billion riyals in June,

    Oil Prices Decline over China’s US Demand Concerns

    News September 25, 2024

    Oil prices decreased over concern that the stimulus plan announced in China will be insufficient to support the economy and recession fears in the US.

    Decision to Further Tighten Interest Rate Unanimous, says Cardoso

    News September 25, 2024

    The Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, has said the decision by the Monetary Policy Committee (MPC) of the apex bank

    Lifting Petrol from Dangote Refinery ‘ll Moderate FX Pressure, says Cardoso

    News September 25, 2024

    The Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, says lifting of petroleum products from the Dangote Refinery will moderate foreign

    Airtel Goes Green, Reduces N28bn Diesel Expenditure

    News September 25, 2024

    Airtel Nigeria says it will be cutting down on the 28 billion Naira spent on diesel to power its sites by embarking on a sustainability drive to reduce its

    UNGA 79: Biden Pledges $500m to Prevent mpox in Africa

    News September 25, 2024

    U.S. President Joe Biden has pledged 500 million dollars to African countries to help prevent and respond to mpox, and will donate one million doses

    PENGASSAN Urges FG to Increase Stake in Dangote Refinery to 45%

    News September 25, 2024

    The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has called on the Federal Government to increase its stake in Dangote refinery

    Bond Market Rallies Amidst Surprise Interest Rate Hike

    Financial Market September 25, 2024

    Trading activities in the Nigerian government bond secondary market ended on a bullish note amidst a surprising hike in the benchmark interest rate

    Investors Bet on Naira Assets Ahead of Treasury Bill Auction

    Uncategorized September 25, 2024

    Investors increased their bets on naira assets in the financial markets as the Central Bank of Nigeria (CBN) hiked the benchmark interest rate ahead of its primary market auction.

    UBA, ACCESS, F-Banks Rally Shifts Banking Index Up

    Uncategorized September 25, 2024

    Sustained demand for UBA, Access Holdings, and Nigerian 3-F banks (FBNH, FCMB, and Fidelity Bank) heated up the banking index as the Nigerian Exchange gained further.

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    Bullish T-Bills Run Ahead as CBN Rejects Bids, Prices 1-Year Bill at 17.66%

    July 16, 2026

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