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    MarketForces Africa » » Page 1204

    Brent Nears $86 over Crude Oil Supply Tightening

    MarketNews June 21, 2024

    Market prices of crude oil have continued to climb amidst geopolitical tension while OPEC+

    Capital Raise: Fidelity Bank Shares Drop N14.4bn in Market Value

    MarketNews June 21, 2024

    The share market value of Fidelity Bank Plc on the Nigerian Exchange Ltd. (NGX) dropped by N14.4 billion on Thursday,

    Nigeria’s Debt Stock Hits N121trn – DMO

    News June 21, 2024

    The Debt Management Office (DMO) says Nigeria’s total public debt stock hit N121.67 trillion (91.46 billion dollars) in March.

    Tanzania Unlocks Access to $935m Facility from IMF

    Inside Africa June 21, 2024

    The Tanzanian government has unlocked additional $935 million loans from the International Monetary Fund, an official statement said.

    Transcorp Hotels Slides below N1trn Market Value

    Analysis June 21, 2024

    The hospitality industry giant, Transcorp Hotels Plc, has retreated from the list of companies with more than N1 trillion in market valuation amidst negative investors’ sentiment on the local exchange.

    FirstBank Hosts Cybersecurity Webinar to Enhance Payment Technology Safety

    News June 20, 2024

    FirstBank has educated businesses and customers on the latest advancements in payment technologies to protect them from loosing their funds to hackers.

    TotalEnergies Launches Ubeta Gas Development Field 

    News June 20, 2024

    TotalEnergies, operator of OML 58 onshore license in Nigeria with a 40 per cent interest, says it has taken the Final Investment Decision (FID) for the

    FBN Holdings Sinks, Trades at 50% Below 52-Week High

    News June 20, 2024

    FBN Holdings Plc (Ticker: FBNH) has seen rapid price depreciation in 2024, causing the group to lose significant market value on the Nigerian, now trading at

    Sell Pressure Pushed Nigerian Bonds Yield to 18.83%

    News June 20, 2024

    Benchmark yield on Nigerian government bonds climbed to 18.83% as fixed interest securities investors offloaded naira assets in the secondary market. Buying

    Money Market Rates Crash as Liquidity Hits N1.2Trn

    News June 20, 2024

    Short-term benchmark interest rates dipped strongly in the money market on Thursday as liquidity level in the financial system climbed to N1.18 trillion.

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    Oil Prices Increase 6% in 5 Days over Mixed Market Concerns

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    Russia Bans Diesel Exports over Domestic Shortage

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