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    MarketForces Africa » » Page 1115

    Foreign Investors Boycott CBN OMO Auction Again

    News August 2, 2024

    Investors, local and foreign, boycotted the Central Bank of Nigeria’s (CBN) open market operations auction sales, ending with zero sales again. Investors apathy

    Naira Loses 3% as Market Discounts CBN FX Auction       

    News August 2, 2024

    The naira lost 3% on Friday, pulling back from gaining streaks against the US dollar in the forex market as exchange rate rubbished FX market intervention.

    Equities Investors See N219bn Gain as Market Ignores Protest

    News August 2, 2024

    The equities investors saw more than N219 billion gain in a latest bargain hunting on the Nigerian Exchange (NGX) despite nationwide protest.

    AfDB Invests $20 m Infrastructure Fund to Boost Continental Development

    News August 2, 2024

    The African Development Bank (AfDB), has signed a 20 million-dollar equity investment in the African Infrastructure Investment Fund 4 (AIIF4).

    Global Partnerships Crucial for Africa’s Economic Growth, Cardoso says

    News August 2, 2024

    Mr Yemi Cardoso, the Governor of the Central Bank of Nigeria (CBN), has urged African countries to leverage the support of global partners for sustainable

    Port Users Demand Clarity on Import Duty Waivers

    News August 2, 2024

    Port users have called on the Federal Government to release a comprehensive list of food items affected by the import duty suspension.

    Protests: Cargo Clearance Slows at Lagos Ports

    News August 2, 2024

    Cargo clearance activities at Tincan Island and Apapa ports in Lagos were slowed down on Friday due to ongoing protests in the country.

    Nigeria’s Treasury Bills Yield Increases to 25.3%

    News August 2, 2024

    The average yield on Nigerian Treasury bills rose in the secondary market due to sustained negative trading, a move triggered by riskoff sentiment, on naira

    Oil Prices Slip below $80 as OPEC+ Keep Policy

    News August 2, 2024

    In the global commodity market, prices of crude oil fell back below $80 per barrel early on Friday despite ravaging geopolitical tensions. The market reacted to

    Nigerian Breweries Records N479.8bn Revenue in 6 Months

    MarketNews August 2, 2024

    Nigerian Breweries Plc, a leading total beverage alcohol company, has declared a 34 per cent increase in its operating profit for the half-year ended June 30, 2024.

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    US Dollar Index Slides as Inflation Eases Fed Rate Hike Bets

    July 14, 2026

    XRP Jumps as Ripple Joins BlackRock, J.P. Morgan, Others to Tokenise UK Debt

    July 14, 2026

    Import Duty Exemptions Hit N34trn in 2025 – Customs

    July 14, 2026

    South Africa Rand Firmer on Broad-Based US Dollar Weakness

    July 14, 2026

    Oil Prices Surge on Renewed Energy Crisis, Brent Nears $85

    July 14, 2026

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