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    MarketForces Africa » » Page 54

    NVIDIA Profit Soars to $58bn in Q1 on AI Demand Boom

    News May 21, 2026

    NVIDIA Profit Soars to $58bn in Q1 on AI Demand Boom With net income of $58.3 billion, Nvidia doubled its…

    South African Rand Trades Rangebound as Market Digests Data

    News May 21, 2026

    South African local currency, Rand is trading sideways on Thursday after inflation data released amidst ongoing negotiation between the US and Iran as part of an efforts to reopen Iran’s Strait of Hormuz.

    Global Equities Rally as US, Iran Keep Peace Talks Open

    News May 21, 2026

    Global equities rallied as easing inflationary concerns on the back of optimism around a potential United States-Iran peace agreement boosted investor sentiment across major markets.

    XRP Rebounds to $1.38 as Ripple Partners Project Eleven

    News May 21, 2026

    XRP price climbed by 1.05% to $1.38 as Ripple partners with Project Eleven to audit its ledger. The token, which had hit a low below $1.30, ticked up, closely tracking Bitcoin’s 1.06% gain.

    Excess Liquidity Tops N6trn as CBN Keeps Interest Rate High

    MarketNews May 21, 2026

    The banking system’s excess liquidity surged as the monetary authority maintained its stance of economic tightening while seeking to tame Nigeria’s double-digit headline inflation.

    I’II Scrap Federal Character Principle if Elected President – Amaechi

    Politics May 21, 2026

    I’II Scrap Federal Character Principle if Elected President – Amaechi A former Minister of Transportation, Rotimi Amaechi, says he will…

    Nigeria’s Current Macroeconomic Environment Sufficient for Disinflation – Cardoso

    News May 21, 2026

    Nigeria’s Current Macroeconomic Environment Sufficient for Disinflation – Cardoso The Governor of the Central Bank of Nigeria (CBN), Mr Olayemi…

    Seplat Shareholders Approve N113.78 Dividend for 2025

    News May 21, 2026

    Seplat Shareholders Approve N113.78 Dividend for 2025 Shareholders of Seplat Energy have approved a total dividend payout of N113.78 per…

    CPPE Backs CBN for Holding Monetary Policy Rates

    News May 21, 2026

    CPPE Backs CBN for Holding Monetary Policy Rates The Centre for the Promotion of Private Enterprise (CPPE);has praised the Central…

    CBN Reprices Nigerian Treasury Bills Rates at Midweek Auction

    News May 21, 2026

    CBN Reprices Nigerian Treasury Bills Rates at Midweek Auction The Central Bank of Nigeria (CBN) repriced spot rates on Nigerian…

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    Editors Picks

    Oil Prices Decline as Strait of Hormuz Route Gets Busy

    June 26, 2026

    Stronger US Dollar Keeps South African Rand on Edge

    June 26, 2026

    Tech Stocks Rotation Shakes Global Markets as Apple Hikes Prices

    June 26, 2026

    Nigerian Treasury Bills Yield Jumps 27bps on Sell Pressure

    June 26, 2026

    Naira Hovers Around N1,380 as Interbank FX Turnover Surges

    June 25, 2026

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