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    MarketForces Africa » » Page 186

    Naira Depreciates Market-Wide, FX Reserves Rise to $49.883bn

    News March 5, 2026

    The naira depreciated across the foreign exchange market due to tight liquidity in the official and informal segments of the local currency market.

    Tinubu Resolves OPL 245 Dispute with ENI, Unlocks Deepwater Investment

    News March 5, 2026

    Tinubu Resolves OPL 245 Dispute with ENI, Unlocks Deepwater Investment President Bola Tinubu on Thursday announced the successful conclusion of…

    Zambia Growth Revised Downward as Fiscal Pressures Emerge

    News March 5, 2026

    Zambia’s growth projections for 2025 and 2026 have been revised downward, the International Monetary Fund said in a statement as fiscal pressures emerge.

    Equity Investors Gain N221 Billion as NGX Index Rebounds

    News March 5, 2026

    Equity Investors Gain N221 Billion as NGX Index Rebounds Equity investors gained approximately ₦221 billion as the Nigerian Exchange (NGX)…

    Quest Merchant Bank Meets CBN’s N50bn Minimum Capital Base

    News March 5, 2026

    Quest Merchant Bank Limited has successfully fulfilled the ₦50 billion minimum capital requirement mandated by the Central Bank of Nigeria (CBN) for merchant banks.

    Dangote Refinery Justifies Petrol Price Hike, Landing Cost Hits $91

    News March 5, 2026

    Dangote Refinery Justifies Petrol Price Hike, Landing Cost Hits $91 Citing 26% rise in the price of Brent crude oil,…

    African Eurobonds Issuers’ Yields Ease in Fresh Rally

    News March 5, 2026

    African Eurobonds Issuers’ Yields Ease in Fresh Rally The average yield on Nigerian Eurobonds declined in the international debt market…

    NEPC Reaffirms Support for Nigerian Exporters to EU Market

    News March 5, 2026

    The Nigerian Export Promotion Council (NEPC) has reiterated its commitment to guiding Nigerian exporters on regulatory standards required for agricultural and food products to enter the European Union market.

    XRP Surges Amidst Wall Street Infrastructure Integration

    Cryptocurrency March 5, 2026

    Ripple (XRP) recorded a 3.45% positive price movement over 24 hours to $1.44, supported by strong ETF inflows amid improved sentiment and the latest crypto rally.

    Oil Prices Surge over Lingering Supply Risks

    News March 5, 2026

    Oil Prices Surge over Lingering Supply Risks Oil prices surged on Thursday as lingering Middle East tensions strengthened supply concerns…

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    Yield on FGN Bonds Climbs 77bps as Investors Trim Holdings

    June 29, 2026

    T+1 Settlement Tightens Risk Window — EBC Flags Danger After SEC Stops Dangote IPO Promotion

    June 29, 2026

    Oil Prices Rise on Tit-for-Tat US, Iranian Strikes

    June 29, 2026

    XRP Target Price Shifts as Ripple Eyes $16trn Payments Volume

    June 29, 2026

    CBN Mops Up N4.8trn from Two High-Ticket OMO Bills Auctions

    June 29, 2026

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