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    MarketForces Africa » » Page 84

    Rand Weakens Against US Dollar, Steady Versus Euro, Pound

    News May 5, 2026

    The South African rand weakened against the dollar to R16.80 but held steady against the euro at R19.63 and the pound at R22.70, First National Bank (FNB) said in its brief on Tuesday.

    Defections: ADC Loses 18 Reps to NDC, APC

    Politics May 5, 2026

    Defections: ADC Loses 18 Reps to NDC, APC Seventeen members of the House of Representatives on Tuesday defected from the…

    Central Bank of Kenya Targets KES 80bn from Reopen Bonds

    News May 5, 2026

    The Central Bank of Kenya (CBK) is scheduled to reopen three Treasury bonds on Wednesday as the authority anticipates a large payout in May.

    Senate Defections: Umeh, Abaribe Dump ADC

    Politics May 5, 2026

    Senate Defections: Umeh, Abaribe Dump ADC Sen. Victor Umeh(ADC-Anambra) and Sen.Enyinnaya Abaribe (ADC-Abia) on Tuesday announced their defections from the…

    Russia Raids Gas Extraction Facilities in Ukraine

    Foreign May 5, 2026

    Russia Raids Gas Extraction Facilities in Ukraine Russia carried out strikes on Ukraine’s gas extraction facilities on Tuesday, killing five…

    Nigeria Unveils Long-Term Energy Plan –NUPRC

    Oil and Gas May 5, 2026

    Nigeria Unveils Long-Term Energy Plan –NUPRC Mrs Oritsemeyiwa Eyesan, Commission Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC),…

    Bitcoin Price Rises to $81k on Whale Accumulation, ETF Inflow

    News May 5, 2026

    Bitcoin (BTC) price surged by about 3% to $81,007.13 on Tuesday, outpacing the broader market’s 2.2% gain, driven by renewed institutional ETF demand and a geopolitical relief rally.

    Airbus, FG Sign Agreement to Drive Nigerian Aerospace Growth

    Aviation May 5, 2026

    Airbus, FG Sign Agreement to Drive Nigerian Aerospace Growth The Airbus, a leading aircraft manufacturing company, has signed a Memorandum…

    UN Alarmed by Escalating Drone Attacks in Sudan

    Foreign May 5, 2026

    UN Alarmed by Escalating Drone Attacks in Sudan The United Nations is alarmed by the escalating drone attacks in Sudan…

    Foreign Investors Ramp Up Nigeria Eurobonds, Yields Slide

    News May 5, 2026

    The Nigerian sovereign Eurobonds yield declined in the international market amid growing interest from foreign portfolio investors in top oil-linked African issuers.

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    Editors Picks

    Investors Lose N983bn in Nigerian Stock Market

    June 26, 2026

    BTC, ETH, XRP Rise as Crypto Market Stages Recovery

    June 26, 2026

    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

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