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    MarketForces Africa » » Page 1265

    Equities Analysts Cut Nestle Nigeria Target Price, Keep Buy Rating

    Analysis May 20, 2024

    Nestle Nigeria has a price target of N1,130.50 per share, according to Cordros Securities analyst, Jennifer Chiwetelu after the company lost 180 kobo per each

    MTN Nigeria: Analysts Slash Price Expectation by 36%, Project Loss for 2024

    Analysis May 20, 2024

    Following heartbreaking earnings performance in the first quarter of 2024, equities analysts at CardinalStone Securities Limited have slashed target price

    Geregu Power Stops ‘Rolling’ at 52 Week High

    Analysis May 19, 2024

    Amidst negative price swings in the stock market, Geregu Power Plc have hibernated and the stand down in market valuation has persisted for months. The market

    CBN Begins FX Market Intervention, Sells Dollar to Banks

    MarketNews May 19, 2024

    The Central Bank of Nigeria (CBN) has returned to the foreign exchange market to boost FX liquidity amidst perpetual US dollar scarcity, a key challenge in the

    MPC to Increase Rate by 100bps to 25.75% – Analysts

    MarketNews May 19, 2024

    The monetary policy committee (MPC) of the Central Bank of Nigeria (CBN) would increase the benchmark policy rate by 100 basis points to 25.75%

    Naira Lost 43% in 1-Month as Hot Money Shifts Base

    MarketNews May 19, 2024

    The naira lost about 43% of its value in the foreign exchange market as volume of US dollar in the currency markets dried up. The unmet return on hot money

    Germany, Nigeria Trade Relations Hits €3bn – Envoy

    Foreign May 19, 2024

    The German Ambassador to Nigeria, Mrs Annett Gunther, says trade relations between Federal Republic of Nigeria and Federal Republic Germany currently stands

    Table tennis star Bello Qualifies for Paris Olympics

    Sport May 19, 2024

    Nigeria’s table tennis star, Fatima Bello has qualified for the 2024 Paris Olympics holding in France.

    Manchester City Claim Record Fourth Straight EPL title

    Sport May 19, 2024

    Phil Foden struck twice early on as Manchester City secured a historic fourth successive Premier League title with a convincing 3-1 win over West Ham on Sunday.

    Cryptocurrencies Value Rises to $2.44 Trillion as Market Flirts With BTC, ETH

    Cryptocurrency May 19, 2024

    The market capitalisation of all cryptocurrencies increased above $2.4 trillion as digital currency assets experienced price surges.  Bitcoin price crossed $67,000, according to data obtained from cryptocurrency exchanges, while Toncoin pulled back, but the market gained support from the Ethereum price surge

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    Bitcoin Rallies as Standard Chartered Backs $100k Target Price

    July 11, 2026

    Apple Sues OpenAI for Stealing Trade Secrets

    July 11, 2026

    Naira Slides on FX Market Liquidity Squeeze, US Dollar Rally

    July 10, 2026

    Stanbic IBTC, Guinness Drag NGX Index, Investors Lose N102bn

    July 10, 2026

    Rwanda Spends $32m on Fuel Subsidies in 4 Months- Minister 

    July 10, 2026

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