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    MarketForces Africa » » Page 196

    Nigeria’s Debt Burden to Decline to 35% GDP in 2026 -Moody’s

    News February 28, 2026

    Nigeria’s debt burden is projected to decline in 2026 to around 35% of the gross domestic product (GDP) in 2026, according to details obtained from Moody’s periodic ratings review.

    Kano State Unveils N 1.477trn 2026 Budget

    News February 28, 2026

    Kano State Unveils N 1.477trn 2026 Budget The Kano State Government’s 2026 budget has been approved at N1.477 trillion, a…

    Otti Approves Establishment of SME Village, Innovation Hub in Aba

    News February 28, 2026

    Otti Approves Establishment of SME Village, Innovation Hub in Aba The Abia Government has approved the establishment of an SME…

    Sagamu–Ibadan Gas Pipeline Hits 80% Completion

    News February 28, 2026

    Sagamu–Ibadan Gas Pipeline Hits 80% Completion The Managing Director of NIPCO Gas Ltd., Mr. Nagendra Verma, says the 18-inch, 80-kilometre…

    Kaduna Assembly Passes N152.4bn Appropriation Bill for 23 LGAs

    News February 28, 2026

    Kaduna Assembly Passes N152.4bn Appropriation Bill for 23 LGAs The Kaduna State House of Assembly on Friday passed a bill…

    Abia Govt. to Convene Business Roundtable to Drive Investment Growth

    News February 28, 2026

    Abia Govt. to Convene Business Roundtable to Drive Investment Growth The Abia government says plans are underway to hold a…

    Israel Launches ‘Preemptive’ Strike on Iran

    News February 28, 2026

    Israel Launches ‘Preemptive’ Strike on Iran Israeli Defense Minister Israel Kartz says Israel has launched a “preemptive” strike against Iran.…

    Orient Petroleum MD, Nnaemeka Nwawka, Foundation, Jailed 14 yrs for N25bn Fraud

    News February 28, 2026

    Orient Petroleum MD, Nnaemeka Nwawka, Foundation, Jailed 14 yrs for N25bn Fraud Justice O.M. Anyachebelu of the Anambra State High…

    XRP Falls as Extreme Fear Fuels Negative Sentiment

    News February 27, 2026

    Ripple (XRP) fell 2.19% over 24 hours to $1.36 as extreme fear grips the cryptocurrency market, with weak catalysts for buying momentum in altcoins. 

    Naira Trades in Red All-Week Despite FX Interventions

    FX Market February 27, 2026

    The naira traded negatively against the dominant US dollar at the official window all week despite FX intervention sales by the Central Bank of Nigeria (CBN).

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    Editors Picks

    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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