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    MarketForces Africa » » Page 934

    Bank of Industry Raises $5bn, Plans N120bn MSME Support

    MarketNews November 22, 2024

    Bank of Industry Raises $5bn, Plans N120bn MSME Support The Managing Director of Bank of Industry (BoI), Mr Olasupo Olusi,…

    Nigeria Eurobonds Rally as Foreign Investors Eye Attractive Yield

    Financial Market November 22, 2024

    Nigeria Eurobonds Rally as Foreign Investors Eye Attractive Yield Amidst a plan to raise $2.2 billion in external borrowing, Nigeria’s…

    Cryptos Market Cap Hits $3.3T as Bitcoin Rises to $99,300

    Cryptocurrency November 22, 2024

    Bitcoin (BTC-USD) prices spiked above $99,300 early Friday as excitement over improved regulation continues. This has lifted the global crypto market cap to $3.3 trillion during the early trading session, a 3.80% increase over the last day.

    Treasury Investors Pick on New Bills Appealing Yield

    MarketNews November 22, 2024

    Trading activities on Nigerian Treasury bills boomed in the secondary market after the spot rate on the 364-day paper was adjusted by 50 basis points to 23.50% during midweek auction.

    Short-term Benchmark Interest Rates Rise on Tight Liquidity

    MarketNews November 21, 2024

    The short-term benchmark interest rates have continued to rise as the financial system’s liquidity balance collapsed due to an outflow associated with Treasury bill payments.

    Naira Mixed as Markets Brace for $2.2bn External Borrowing

    News November 21, 2024

    Naira Mixed as Markets Brace for $2.2bn External Borrowing The naira appreciated on the strength of external borrowing approval, FX…

    Sanwo-Olu Presents N3trn 2025 Budget to House of Assembly

    News November 21, 2024

    Sanwo-Olu Presents N3trn 2025 Budget to House of Assembly Governor Babajide Sanwo-Olu of Lagos has presented a N3,005,935,198,419,3,005,935,401 budget proposal…

    Central Bank of Egypt Keeps Interest Rate at 27.25%

    Inside Africa November 21, 2024

    The Central Bank of Egypt (CBE) kept its interest rate unchanged at a record high of 27.25% in November 2024, for the eighth consecutive month, reflecting global and domestic economic conditions.

    South Africa Cuts Key Interest Rate to 7.75%

    Inside Africa November 21, 2024

    The South African Reserve Bank (SARB) slashed its key interest rate by 25 basis points to 7.75% in line with analysts’ estimates.

    NGX Shrinks by N108bn as Investors Dump OANDO, ACCESS

    News November 21, 2024

    Equities market capitalisation of the Nigerian Exchange (NGX) shrank by about N108 billion as investors dumped Oando energy and Access Holdings.

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    July 16, 2026

    Oyo Govt Approves Over N35bn for Agriculture, Others

    July 16, 2026

    Tantalizers Assures Shareholders of Sustainable Growth

    July 16, 2026

    Naira Rises as Foreign Reserves Approach $52 Billion

    July 16, 2026

    BUA, Insurance, Tech Stocks Drag NGX Indices Lower

    July 16, 2026

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