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    MarketForces Africa » » Page 14

    Naira Slides Against Dollar, Interbank Turnover Tops $1.2bn

    News June 16, 2026

    The Naira slid against the US dollar at the Nigeria Foreign Exchange Market (NFEM) on Tuesday amidst a significant spike

    NCC Begins Review of Mobile Termination Rates after 8 Years

    News June 16, 2026

    The Nigerian Communications Commission (NCC) has commenced a comprehensive…

    Strait of Hormuz: Transit May  Take ‘Weeks’ to Resume

    News June 16, 2026

    Strait of Hormuz: Transit May  Take ‘Weeks’ to Resume The CEO of Japan’s Mitsui O.S.K., Jotaro Tamura, on Tuesday said…

    XRP Price Ticks Up as Ripple Invests in Flutterwave

    Cryptocurrency June 16, 2026

    XRP price ticked up to $1.23 on Tuesday as Ripple invests in Flutterwave, one of Africa’s most valuable fintech

    HYPE- Hyperliquid Surges by 11% on SpaceX Perp Catalyst

    Cryptocurrency June 16, 2026

    Hyperliquid (HYPE) price is up 11.44% to $75.78, significantly outperforming the broader market

    GCR Upgrades Wema Bank Plc’s Issuer Rating to A/A1

    Analysis June 16, 2026

    GCR Ratings (GCR) has upgraded Wema Bank Plc’s national scale long and short-term issuer ratings to A(NG)

    SSA Sovereigns Face Iran Shock from Stronger Starting Point -Fitch

    News June 16, 2026

    Sub-Saharan African (SSA) sovereigns face the external shock precipitated by the US-Iran war

    Crude Oil Prices Ease on US-Iran Peace Dividend

    News June 16, 2026

    Crude oil prices continued to decline on Tuesday amid optimism over an initial US-Iran agreement

    CBN Mandates Banks, Fintechs to Host Payment Data Locally

    News June 16, 2026

    The Central Bank of Nigeria (CBN) has directed banks, fintech firms, and other payment service provider

    Overnight Rate Climbs as Financial System Liquidity Declines

    News June 16, 2026

    Overnight lending rate climbed as financial system liquidity declined in the absence of significant

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    Editors Picks

    Nigeria Targets $750 Billion in Untapped Minerals With New EMERGE Programme

    June 25, 2026

    S&P Cuts Nigeria’s Growth Projection, Raises Inflation Expectation

    June 25, 2026

    South African Rand Stables Against Crosses Ahead of PPI Data

    June 25, 2026

    AI Names Shift Global Markets Indicators, FTSE 100 Surges

    June 25, 2026

    BTCUSD- Bitcoin Dips to $61.5K as Institutional Appetite Softens

    June 25, 2026

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