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    MarketForces Africa » » Page 1875

    Fitch Affirms Stanbic Bank Uganda at ‘B+’; Outlook Negative

    Companies April 26, 2022

    Fitch Ratings has affirmed Stanbic Bank Uganda Limited’s (SBU) Long-Term Issuer Default Rating (IDR) at ‘B+’. It added that the rating outlook for the bank is negative.

    5 Countries Account for Over 50% of Africa’s Wealth -Report

    Inside Africa April 26, 2022

    The total private wealth currently held on the African continent is USD 2.1 trillion and is expected to rise

    Market Return Nears 14% as Investors Hunt Value Stocks

    Uncategorized April 26, 2022

    The equity market segment of the Nigerian Exchange (NGX) year to date returns now nearing 14% as investors continue to positioning

    U.S 10-Year Treasury Yield Eyes 3%

    Global Market April 26, 2022

    The United States 10-year treasury yield has gone from 2% to almost 3% in a few month and ING Economic analysts are skeptical whether the norm is done.

    Treasury, Bond Yields Stable as Market Eyes Auction

    News April 26, 2022

    The average yield on Nigerian Treasury Bills and Federal Government (FGN) bonds were relatively steadied on Monday as market participants eye primary market auctions.

    Mastercard Partners Microsoft for Safe Online Shopping

    News April 26, 2022

    Mastercard has launched an enhanced identity solution designed to improve the online shopping experience and tackle digital fraud in a new collaboration with Microsoft Corporation.

    Unilever Nigeria Returns to Profitability in Q1

    Analysis April 25, 2022

    Unilever Nigeria Plc has moved to profitability, according to detail from its first-quarter 2022 financial statement result filled

    Naira Trades Strong as FX Reserve Nears $40bn

    FX Market April 25, 2022

    The Nigerian local currency, Naira, traded strong at the close of business on Friday in the Investors and Exporters foreign exchange window following a moderate rise in external reserve.

    Stock Market Return Hits 13.4% as NGX Gains N512 bln

    News April 25, 2022

    The equity market capitalisation sees a meteoric jump above N26 trillion after stocks gained about N512 billion in the trading sessions

    SEC Reaffirms Capital Market Capacity for Infrastructure Development

    News April 25, 2022

    The Securities and Exchange Commission (SEC) has reiterated the capability of the capital market

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