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    MarketForces Africa » » Page 1117

    Exchange Rate Improves as CBN Buys Naira with $39m

    News August 1, 2024

    Exchange rate improved on Thursday after the Central Bank of Nigeria (CBN) spent $39 million to buy naira from authorised dealers banks in the official window

    MTNN, Dangote, Transcorp Drive N235bn Loss on NGX

    News August 1, 2024

    Sell pressure on MTN Nigeria, Dangote Sugar Refinery, Transnational Incorporation drove the Nigerian Exchange downward by more than N235 billion amidst

    BUA Foods Grows Profit by 38% to N131bn

    News August 1, 2024

    BUA Foods Grows Profit by 38% to N131bn One of Nigeria’s top food producers, BUA Foods Plc, saw its earnings…

    Oil Prices Increase Ahead of OPEC+ Meeting

    News August 1, 2024

    Oil prices increase in the global commodity market ahead of OPEC+ meeting and Iran plan to retaliate the assassination of Ismail Haniyeh, the head of the

    Ghana Grants Flutterwave Enhanced Payment Service Provider License

    News August 1, 2024

    Flutterwave has recently been granted a Payment Service Provider license (Enhanced Category) by the Bank of Ghana, according to a statement.

    Nigeria Gets $500m Loans from AfDB to Boost Electricity

    News August 1, 2024

    The Board of Directors of the African Development Bank (AfDB) Group has approved a loan of $500 million to the Federal Republic of Nigeria, to finance the first

    Bank of England Cuts Key Interest Rate to 5%

    News August 1, 2024

    Bank of England (BoE) cuts its key interest rate for the first time in over four years to stimulate growth amidst global economic uncertainties.

    Riskoff Sentiments Push Nigerian Bond Yield to 19.76%

    Uncategorized August 1, 2024

    Riskoff Sentiments Push Nigerian Bond Yield to 19.76% The average yield on Federal Government of Nigeria (FGN) bond rose in…

    Nigerian OMO, Treasury Bills Yields Blend around 25%

    News August 1, 2024

    The average yield on Nigerian Treasury bills and Open Market Operations (OMO) bills have blended around 25% apiece in the secondary market on Wednesday. The development followed rapid selloffs in the

    Bankers Back Windfall Tax, say it Will Alleviate Poverty

    News August 1, 2024

    Mr Wale Edun, Minister of Finance and Coordinating Minister of the Economy, on Wednesday led representatives of the banking sector to seek clarification from

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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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