- Tony Elumelu to Retire as UBA Chairman, Names Emmanuel Nnorum as Successor
- Align Fuel Cost With World Crude Oil Price, Lokpobiri Urges Marketers
- IPMAN Assures Nigerians of Continued Petrol Price Reduction
- No Shadow Budget in Nigeria – Oyedele
- Can Africa Finance Its Own Development?
- Money Market Rates Mixed Amidst Sharp Liquidity Shrink
- Crude Oil Prices Ease as OPEC+ Boosts Output
- South African Rand Weakens as Fed Rate Expectations Drive USD Rally
In the foreign exchange market, the Naira depreciated at the Nigerian Autonomous Foreign Exchange Market
The Nigerian Exchange (NGX) retreated at the beginning of the week as investors took profit …
The Mi-Yetti Allah Cattle Breeders Association of Nigeria (MACBAN) has called for adequate budgetary allocation to boost the livestocK
The Nigerian National Petroleum Company Ltd. (NNPCL) has restored production of 275, 000 barrels of oil per day (bpd) following the settlement of lingering rift between oil operators and unions.
Exchange-traded market prices of Bitcoin, Ethereum and other large cryptocurrency moves steadied on Monday ahead of the US economic data release.
British Prime Minister Rishi Sunak on Monday fired Home Secretary Suella Braverman, who drew anger for accusing police of being too lenient with pro-Palestinian protesters.
Global Ratings agency, Moody’s Services has kept the U.S. sovereign rating at Aaa but lowered its outlook to “negative” from “stable. This means even the U.S.’ last top credit rating that was assigned by the major credit rating agencies has the prospect of a downgrade.
African Export-Import Bank (AfreximBank) has closed about $1 billion with some organisations in various sectors across the continent.
Higher-than-expected oil prices in a scenario where the Middle East conflict disrupts oil supply would cause lower economic growth and higher inflation, Fitch Ratings says.
Global prices of oil declined on optimism that Iraq would boost supply amidst conflict in the Middle East. Iraq’s government has expressed optimism that it will soon achieve an agreement to resume oil production from its Kurdish area.
Subscribe to Updates
Subscribe to updates from MarketForces Africa, an independent financial news service provider.
