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    MarketForces Africa » » Page 193

    Zamfara Stops Cash Revenue System to Reduce Leakages

    News March 2, 2026

    Gov. Dauda Lawal has abolished cash revenue collection in Zamfara, in a move to strengthen digital systems, harmonise databases and enable real-time monitoring to reduce leakages.

    Nigeria’s Private Sector Activity Deteriorated in January -Stanbic IBTC

    News March 2, 2026

    Nigeria’s private sector activity deteriorated in January, Stanbic IBTC revealed in its purchasing manager index (PMI) report released by S&P Global on Monday.

    Brent Nears $79 as U.S.-Iran Tensions Fuel Supply Risk

    News March 2, 2026

    Brent neared $79 on Monday as oil prices soared in reaction to U.S. and Israeli strikes on Iran, heightening the risk of a prolonged conflict in the Middle East.

    Money Market Rates Fall on Excess Liquidity, MPR Cut

    News March 2, 2026

    Money market rates declined moderately, driven by an excess of liquidity in the financial system following a cut in Nigeria’s monetary policy rate (MPR).

    Nigeria’s Bond Yield Falls on Growing Investors’ Confidence

    News March 1, 2026

    The average yield on Federal Government of Nigeria (FGN) bond dipped to 15.4% in the secondary market, as investors actively seek real returns in the naira curve.

    Nigeria Seals $1.3bn Alumina Refinery Deal with AFC

    News March 1, 2026

    Nigeria Seals $1.3bn Alumina Refinery Deal with AFC The Federal Government of Nigeria and the Africa Finance Corporation (AFC) have…

    MTN Nigeria Sheds N420bn as Investors Take Profit

    Analysis March 1, 2026

    MTN Nigeria Sheds N420bn as Investors Take Profit Telecom company MTN Nigeria Plc dipped by about N420 billion as investors…

    CBN to Open Treasury Bills for Subscription as N799bn Mature

    News March 1, 2026

    The Central Bank of Nigeria (CBN) is poised to open Treasury bills for subscription at the primary market auction on Wednesday to efficiently refinance maturing securities.

    X-Compliance Report Exposes Liquidity Risks in Nigeria’s Equity Market

    News March 1, 2026

    The latest X-Compliance Report released by the Nigerian Exchange Group (NGX Group) points to a deeper structural liquidity challenge in Nigeria’s equity market rather than a temporary, cyclical weakness.

    OMO Bill Yield Increases as Investors Trim Holdings

    Business March 1, 2026

    The average yield on Nigerian OMO bills climbed to 21.1% in the secondary market, reflecting investors’ measured decisions to adjust their holdings in these short-term investment securities.

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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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