Market Forces Africa1049 posts 0 comments

The naira rose against the US dollar across foreign exchange (FX) markets due to sufficient foreign currency liquidity. Spot FX data from the FMDQ platform showed the naira appreciated…
Read More...

The official manufacturer and marketer of the Peugeot brand of vehicles in Nigeria, Dangote Peugeot Automobiles Nigeria Limited (DPAN), has taken another bold step towards regaining its…
Read More...

The naira appreciated to N1510 per US dollar in the foreign exchange market as analysts claimed that the Central Bank of Nigeria’s (CBN) FX code would boost foreign investors’…
Read More...

The naira depreciated against the US dollar in official foreign exchange (FX) market as demand pressures increased after huge rally posted last week. The naira depreciated by 0.02% in…
Read More...

Transcorp Hotels Plc. plunged by about 10% in the equities market as investors offloaded the hospitality company shares amidst earnings expectation. The company stock saw huge gain that…
Read More...

The House of Representatives Committee has received a money laundering petition against Sterling Bank, the Central Bank of Nigeria (CBN), and Shell Petroleum in Abuja. The petition was…
Read More...

Equities investors gained about N498 billion on the Nigerian Exchange, NGX, as Transcorp Power, UBA, surged. The local bourse closed the week on a positive note as key performance…
Read More...

The bitcoin price tanked strongly on Friday due to sell pressures from retail investors in the cryptocurrency market. The latest bearish move halted the euphoria of Paul Atkins pick as…
Read More...

BUA Group has signed an agreement with Starlinger & Co. Limited of Austria in a strategic move to expand into the production of high-quality packaging materials.In a statement,…
Read More...

The Federal Government is to establish an industrial revolution work group to place the manufacturing sector on the path of sustainable growth, create more jobs, and enhance economic…
Read More...