Browsing: MarketForces Africa

The combined market value of big banks increased by N468.1 billion in the last five trading sessions on the Nigerian Exchange last week. MarketForces Africa

Nigeria’s gross external balance has increased to $37.394 billion, a level seen last in Oct 2022, official data obtained revealed. Nigeria’s FX reserves

Nigerian deposit money banks (DMBs) raised N2.8 trillion from the Central Bank of Nigeria (CBN) standing lending facility to close funding gap, investment

The “Big 3” sluggish performance slowdown Sub-Saharan Africa economy

African private equity deals, fundraising and exits announcements

“CBN Directive on Banks’ LDR an Interference with Free-market”. On the back of the recent directive issued by the apex bank on loan to deposits floor for banks, some banking sector experts have said that the Central Bank of Nigeria directive is a direct interference with free market.

Nigerian Economy Risks Being stuck in Low Growth, High Unemployment. The numbers are weak, some analysts have said. The petrol-powered economy key performance indicators are resting at the hot zone in the macroeconomic space, from the nation’s high debt stock which currently closed at N24.39 trillio