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    MarketForces Africa » » Page 242

    Shell Profit Slows over Tax Adjustments, Crude Oil Pricing

    News February 5, 2026

    British oil giant Shell recorded its lowest quarterly profit in almost five years on Thursday, due to adverse tax adjustments

    Nigeria’s Power Subsidy Reset: Abuja Steps Back, States Step In

    News February 5, 2026

    Nigeria’s Power Subsidy Reset: Abuja Steps Back, States Step In Nigeria’s electricity subsidy regime is entering a decisive new phase.…

    State-Owned Refineries Shut due to Monumental Losses  –Ojulari

    News February 5, 2026

    State-Owned Refineries Shut due to Monumental Losses  –Ojulari The Nigerian National Petroleum Company Limited (NNPC Ltd.), says the state-owned refineries…

    Economic Growth: NCC, NITDA, Others Reiterate Need for Digital Trust

    News February 5, 2026

    Stakeholders across government, private sector and regulatory agencies have underscored the central role of trust

    CBN Cuts 1-Year Treasury Bill Rate by 138bps, Rejects Bids

    News February 5, 2026

    CBN Cuts 1-Year Treasury Bill Rate by 138bps, Rejects Bids The Central Bank of Nigeria (CBN) cut the spot rate…

    NCC, NSCDC Warn Construction Firms, Others Over Rising Fibre Optic Cable Damage

    News Highlights February 5, 2026

    NCC, NSCDC Warn Construction Firms, Others Over Rising Fibre Optic Cable Damage The Nigerian Communications Commission (NCC) and the Nigeria…

    NGX Climbs by N1.37trn as Investors Ramp Up Oversold Stocks

    News February 4, 2026

    NGX Climbs by N1.37trn as Investors Ramp Up Oversold Stocks The Nigerian Exchange (NGX) ended the trading session on a…

    Naira Gains Against U.S. Dollar, Spot Rate Prints at N1,358

    FX Market February 4, 2026

    Naira Gains Against U.S. Dollar, Spot Rate Prints at N1,358 The naira sustained its rally against the US dollar on…

    Dangote Refinery Denies Finished Petrol Product Imports Claim

    News February 4, 2026

    Dangote Refinery Denies Finished Petrol Product Imports Claim Dangote Petroleum Refinery & Petrochemicals (DPRP) has denied reports suggesting that it…

    Forbearance Shutdown Tests Nigerian Banks’ Asset Quality

    Economy February 4, 2026

    Nigerian banks will continue to face asset quality challenges following the total forbearance shutdown by the Central Bank in 2025, S&P acknowledged in a new report.

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    XRP Rallies as Ripple Unveils XRPL Lending Protocol Plan

    July 1, 2026

    Naira Rallies as Interbank FX Turnover, Deals Count Decline

    July 1, 2026

    Dangote, Aradel Selloffs Drag NGX Index, Investors Lose N2.4trn

    July 1, 2026

    EU Cuts Steel Import Quotas to Protect Industry

    July 1, 2026

    NGX Delivers 47% Return as Investors Gain N48trn in 6 Months

    July 1, 2026

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