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    MarketForces Africa » » Page 972

    Oil Prices Below $73 despite Israel Attacks on Iran

    MarketNews October 28, 2024

    Oil Prices Below $73 despite Israel Attacks on Iran Oil prices slipped despite Israel’s latest counterattack on an Iranian military…

    FBN Holdings Opens Rights Issue as Share Price Picks Up

    MarketNews October 28, 2024

    FBN Holdings Plc (Ticker: FBNH) has opened its rights issue, offering to sell 5.983 billion ordinary shares at 50k each to existing shareholders at N25 per share in a bid to raise additional capital totaling N150 billion.

    Dangote Cement Grows Profit by 0.6% in 9-Month

    News October 27, 2024

    Dangote Cement Plc grew profit by 0.6% year on year to N279.10 billion in nine months, details from the company’s unaudited financial statement revealed.

    Nigeria’s Eurobond Yield Declines to 9.58% on Fresh Rally

    News October 27, 2024

    Increased demand for Nigeria’s sovereign Eurobond dragged average yield downward in the international market, according to traders amidst double-digit

    Nigerian Bonds Yield Rises, Marginal Rates Increase by 1.75%

    MarketForces Finance October 27, 2024

    The average yield on Nigerian government bonds climbed slightly to 19.3% in the secondary market due to thin trading activities that had bearish tone.

    Treasury Yield Rises as CBN Hikes Rate on 364-Day Bills

    News October 27, 2024

    Treasury Yield Rises as CBN Hikes Rate on 364-Day Bills The average yield on Nigerian Treasury bills climbed to 24.1%…

    Money Market Rates Decline as FAAC Inflows Boost Liquidity

    News October 27, 2024

    Money market rates, the overnight lending and open repo rates dropped further after inflows from the Federal Accounts Allocation Committee

    Equities Investors Gain N835bn in 5-Day on Nigerian Exchange 

    News October 27, 2024

    Equities investors gained N835 billion in 5 days on the Nigerian Exchange trading platform due to buy side activities.  Due to investors’ interest in banking

    Unilever Nigeria Gains 18.4% after Solid Earnings Growth

    Analysis October 27, 2024

    Consumer goods company Unilever Nigeria Plc gained 18.4% or N20.107 billion, as the company’s earnings growth boosted investors’ confidence

    Ikeja Hotel Climbs by 15% after Strong Earnings Growth

    News October 27, 2024

    Ikeja Hotels Climbed by 15% as the company’s market value reached N22.312 billion on the Nigerian Exchange trading platform. The hospitality stock

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    XRP Dips as Wall Street Giant T. Rowe Price Launches XRP ETF

    July 17, 2026

    South African Rand Softens as Markets Digest US Economic Data

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    Abia, Investors Partner on $145m Solar Manufacturing Plant

    July 17, 2026

    Earnings Surged as Subscribers Watch Netflix for 97 billion Hours

    July 17, 2026

    Oil Prices Edge Higher Over Escalating US-Iran Conflict

    July 17, 2026

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