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    MarketForces Africa » » Page 6

    Nigeria’s Top Big Banks Value Shrinks 14% to N14trn or $10.3bn

    News June 22, 2026

    The total market value of Nigeria’s top banks declined by about 14% to N14.171 trillion,

    Access Holdings: Nigeria’s Biggest Bank Value Dips to N1.24trn

    Analysis June 22, 2026

    Nigeria’s biggest bank by total assets, Access Holdings Plc (Ticker: ACCESSCORP), lost N103.314 billion, or 7.7%

    First Holdco Slumps 20% as Investors’ Sentiment Deteriorates

    Analysis June 22, 2026

    First Holdco Plc experienced significant sell-offs and lost more than 20% of its market value

    FX Spot, Derivatives Markets Turnover Rises 7.7% to $2.32bn

    News June 22, 2026

    The FMDQ market showed strong performance for the week ending June 19, 2026, with total turnover

    Banking Index Sinks as 12 Nigerian Listed Banks Lose N2.5trn

    News June 21, 2026

    The banking index dipped sharply by about 10.5% as bears held the Nigerian stock…

    Naira Softens on Weak FX Supply, Foreign Reserves Top $51bn

    FX Market June 21, 2026

    The naira softened against the dominant US dollar at the Nigerian Foreign Exchange Market

    Equities Investors Lose N5.6trn as NGX Indicators Plunge

    Stock Market June 21, 2026

    The Nigerian Exchange (NGX) performance indicators plunged as equities investors lost…

    Iran Plans to Restore 3mbpd Oil Production in 60 Days

    Oil and Gas June 20, 2026

    Iraq’s Oil Ministry said it is working to restore production to more than 3 million barrels per day

    Aradel Grows Profit by 192%, Declares N23 as Final Dividend

    Analysis June 20, 2026

    Oil company Aradel Holdings Plc has announced a N23 dividend per share following an earnings beat for the 2025 financial year. The company grew profit after tax by 192% year-on-year to N757 billion, beating analysts’ estimates by miles.

    Dangote Cement Sells 64% of Production Volume to Nigerians

    News June 20, 2026

    With a profit margin of more than 60%, Dangote Cement Plc sold 64% of its production volume

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    Editors Picks

    Pre-Election Spending to Keep Inflation, Interest Rates Elevated – Analysts

    June 25, 2026

    NCDMB to Launch Oil and Gas Trainers Certification

    June 25, 2026

    Naira Depreciates, Touches N1392 on FX Liquidity Shortfall

    June 25, 2026

    ACCI Seeks Reforms to Boost FCT Free Zones for Economic Growth

    June 24, 2026

    $125bn in Vessel, Cargo Value Await Passage from Persian Gulf – Allianz

    June 24, 2026

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