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    MarketForces Africa » » Page 1061

    Aradel Acquires Marginal Oil Fields from NNPC, TotalEnergies for $19.5 Mln

    News August 30, 2024

    Aradel Holdings Plc has through its subsidiary, Aradel Energy Limited, signed a sale and purchase agreement to acquire the 100 per cent interest in the

    Nigerian Treasury Bill Yield Declines by 13bps to 21%

    News August 30, 2024

    The average yield on Nigerian Treasury bills declined by 13 basis points to 21% in the secondary market on Thursday, traders said in a note.

    Strong Yield Attract Investors into Nigerian Bond Market

    News August 29, 2024

    Amidst elevated yield in the debt market, there was an increase in demand for Nigerian government bond in the secondary market on signal that supply side has

    Money Market Rates Crash after CBN Reopens Borrowing Window

    News August 29, 2024

    Money market rates declined sharply due to robust liquidity level in the financial system on Thursday after the Central Bank of Nigeria (CBN) reopened borrowing

    Reps Back Dangote’s Industrialisation Stride

    News August 29, 2024

    Dangote Group’s industrialisation stride in Nigeria has received yet another momentum as federal lawmakers back the company’s stride.

    70% Windfall Tax Policy Against Nigeria’s Tax Policy Philosophy – CIoD

    News August 29, 2024

    The Chartered Institute of Directors Nigeria (CIoD) says the 70 per cent windfall tax on profits generated from foreign exchange transactions by banks from 2023

    Naira Retraces Ahead of Next Dutch FX Auction

    News August 29, 2024

    The Nigerian naira retraced steps in the foreign exchange market on Thursday as market awaits next retail Dutch auction of the Central Bank.

    FG Tasks Investors on Proper Utilisation of NCDMB Intervention Funds

    News August 29, 2024

    The Federal Government has tasked investors in the country to utilise the Nigerian Content Development and Monitoring Board (NCDMB) intervention funds

    Sovereign Trust Insurance Pays N1.9bn Claims in H1 2024

    News August 29, 2024

    Sovereign Trust Insurance Plc has paid total claims of N1.906 billion as at the first half of the year ended June 30.

    SEC Grants Approval-in-principle to 2 Digital Exchanges

    News August 29, 2024

    The Securities and Exchange Commission (SEC) has granted two  digital assets Exchanges “Approval-in-Principle” to commence operation under the Accelerated

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    XRP Price Surge as Binance Launches $800K XRP Airdrop

    July 15, 2026

    Interest Rate on 364-Day Treasury Bills Drops, CBN Rejects Bids

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    July 15, 2026

    Fixed Income Investors Lock in Yields Ahead of CBN Auction

    July 15, 2026

    Bitcoin Tops $65k on BlackRock Clients’ Purchase, Taiwan Reserve Plan

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