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    MarketForces Africa » » Page 1065

    US Dollar Climbs as Sterling Pulls Back in FX Market

    News August 28, 2024

    In the forex market, the US dollar showed strength against trading partners as hope of us Fed rate cut improved. The US dollar rose against its major trading

    Access Bank, MTN Nigeria See Intraday Loss in Equities Market

    News August 28, 2024

    Access Plc, MTN Nigeria declined during early trading hour on the floor of the Nigerian Exchange due to a bout of selloffs. Investors trading the highs and the

    Nigeria’s Budget Deficit to Exceed N9.1Trn – Economic Report

    News August 28, 2024

    Nigeria is expected to exceed 2024 budget deficit, analysts said in a mid-year report, noting that fluctuating oil prices and production disruptions could lead

    Pensioners Write Tinubu, others, say PenCom Scheme Worsening Retirees’ Woes

    News August 28, 2024

    The Correctional Officers Pencom Retirees Association of Nigeria (COPRAN),  says the contributory Pension Commission (PenCom) scheme is worsening the challenges

    Oil Prices Fall Below $80 Amidst Geopolitical Tensions

    News August 28, 2024

    Oil prices declined in the global market Wednesday amid cease-fire talks in the Middle East and export halt in Libya and Russian airstrikes on energy

    Flutterwave Obtains Payment Systems Operator License in Uganda

    Fintech August 28, 2024

    Flutterwave has received a Payment Systems Operator (PSO) license from the Bank of Uganda. This marks a key milestone in Flutterwave’s expansion across Africa

    Uruguayan Footballer Dies After Collapsing on The Pitch

    News August 28, 2024

    A few days after collapsing during a Copa Libertadores match in Brazil, Uruguayan footballer Juan Izquierdo has died at the age of 27, his club confirmed.

    Crypto Market Sinks as Bitcoin Plunges by 5.6%

    Cryptocurrency August 28, 2024

    The global crypto market cap fell sharply $2.08 trillion, a 5.43% decrease over the last day after massive price decline in Bitcoin.

    Nigeria’s Eurobond Yield Slumps Below 10%

    News August 28, 2024

    The average yield on Nigeria’s sovereign Eurobonds declined below 10% due to recent buying moment in the international market. Foreign investors’ appetite

    Nigerian Bond Yield Declines to 19.42% as Demand Surges

    News August 28, 2024

    The average yield on Nigerian government bond declined in the secondary market due to buying momentum seen across the short, belly and longer maturities

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    Editors Picks

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

    July 15, 2026

    Nigeria’s Headline Inflation Declines to 15.91% in June

    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

    July 15, 2026

    Chainlink Price Climbs as Mantle Announces Super Portal Migration

    July 15, 2026

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