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    MarketForces Africa » » Page 1616

    Naira Sold Around N765 at Official, Parallel Market

    News June 23, 2023

    Nigeria’s naira traded near its market equilibrium level as exchange rates across the markets

    FG Assures Nigerians of Improve Power Supply

    News June 22, 2023

    Permanent Secretary, Ministry of Power, Mr Temitope Fashedemi says the Federal Government is making efforts to improve

    FAAC Shares N786bn May Revenue to FG, States, LGCs

    News June 22, 2023

    The Federation Account Allocation Committee (FAAC) has shared a total sum of N786.161 billion May 2023

    Court Fines L.M. Ericsson N800m Over Breach of Contract

    News June 22, 2023

    A FCT High Court has awarded a cumulative fine of N800 million against L.M. Ericsson Nigeria Ltd, a foreign international company, for breaching a contract it entered with a Nigerian firm, Aqua Oli Nigeria Ltd, in 2006.

    FIRS Partners With Market Traders Association of Nigeria For VAT Remittance

    News June 22, 2023

    The Federal Inland Revenue Service (FIRS) has partnered with the Market Traders Association of Nigeria (MATAN)

    Africa’s External Debt to Hit $1.13trn in 2023 – Adesina

    Inside Africa June 22, 2023

    The total external debt of Africa was estimated at $1.1 trillion in 2022. This is expected to rise to $1.13 trillion

    Nigeria’s Bond Yield Declines After DMO Auction

    Markets June 22, 2023

    Nigeria’s bonds experienced selloffs in the secondary market midweek after Debt Management Office

    Yields Steady as T-Bills Buying Momentum Slows

    Economy June 22, 2023

    Yields were steady in the secondary market as investors slow down the Nigerian Treasury bill buying. 

    A slowdown in buying and selling…

    Electricity Supply Declines as Customers Increase- Report

    News June 22, 2023

    Electricity supply in Nigeria declines by 1.74% year on year, according to a report from the National Bureau of Statistics.

    Firstbank Wins Financial Institution of the Year Award

    News June 22, 2023

    First Bank of Nigeria Ltd. has won the Financial Institution of the Year Award at the African Export-Import Bank (Afreximbank), Pan African Business and Development Awards….

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    Jim Obazee Seeks Posthumous Prosecution of Nigeria Ex-President Buhari over Alleged $6. 2m Loot

    July 4, 2026

    PEBEC Says 98% of MDAs Meet Service Delivery Standards

    July 4, 2026

    NASS Committees Seek Increased Funding For Solid Minerals Sector

    July 4, 2026

    South Korea FX Reserves Surge to $427.4bn in June

    July 4, 2026

    Naira Little Changed as Forex Market Activities Ease

    July 3, 2026

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