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MarketForces Africa
@marketforcesa.bsky.social
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MarketForces Africa is a financial information service provider with interest in media, training and research. The media platform provides information about markets, economies, crypto, forex markets and investment ecosystem.
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The British pound, or sterling, hovered around $1.31 as traders now waiting to digest the UK Budget details, with curiosity rising over the finance minister’s plan amidst tight economic conditions

dmarketforces.com/british-poun...

#BritishPound #Sterling
dmarketforces.com
November 24, 2025 at 9:03 PM
marketforcesa.bsky.social
Conoil Plc has moved to pay shareholders a final dividend of N3.50 in December, according to a regulatory filing on the Nigerian Exchange announcing its annual general meeting.

dmarketforces.com/conoil-to-pa...

#Conoil
Conoil To Pay Shareholders N3.5 Final Dividend In Dec.
Conoil Plc has moved to pay shareholders a final dividend of N3.50 in December, according to a regulatory filing on the Nigerian Exchange
dmarketforces.com
November 24, 2025 at 8:58 PM
marketforcesa.bsky.social
Bitcoin (BTCUSD) is climbing in the cryptocurrency market as investors stepped up position-taking activities in the world’s largest digital asset. Trading above $88k, BTCUSD fluctuation 

dmarketforces.com/bitcoin-rise...

#Bitcoin #CryptoMarket
Bitcoin Rises To $88K As Crypto Investors Sentiment Improves
Bitcoin (BTCUSD) is climbing in the cryptocurrency market as investors stepped up position-taking activities in the world’s largest digital asset. Trading
dmarketforces.com
November 24, 2025 at 8:48 PM
marketforcesa.bsky.social
The naira appreciated by 0.2% against the US dollar at the Nigerian foreign exchange market as rounds of FX injections boosted liquidity. 

dmarketforces.com/naira-250m-f...

#Naira #FX
Naira: $250m FX Injections Redirect Exchange Rate
The naira appreciated by 0.2% against the US dollar at the Nigerian foreign exchange market as rounds of FX injections boosted liquidity.
dmarketforces.com
November 24, 2025 at 8:45 PM
marketforcesa.bsky.social
The Nigerian National Petroleum Company Limited (NNPC Ltd.) has declared a Profit After Tax (PAT) of N5.4 trillion on a revenue of N45.1 trillion for its financial performance for 2024.

dmarketforces.com/nnpcl-grows-...

#NNPCL
NNPCL Grows Profit By 64% To N5.4trn In FY2024
The Nigerian National Petroleum Company Limited (NNPC Ltd.) has declared a Profit After Tax (PAT) of N5.4 trillion on a revenue of N45.1 trillion fo
dmarketforces.com
November 24, 2025 at 8:35 PM
marketforcesa.bsky.social
Equity investors lost N69 billion on Monday as sell-side actors continue to book profit on companies’ stocks across sectoral indexes. 

dmarketforces.com/equity-inves...

#Equityinvestors #Stockmarket #NGX
dmarketforces.com
November 24, 2025 at 8:33 PM
marketforcesa.bsky.social
Telecommunication company MTN Nigeria Plc (Ticker: MTNN) is set to pay an interim dividend to shareholders this week, details from its corporate disclosure revealed.

dmarketforces.com/mtn-nigeria-...

#MTNNigeria
dmarketforces.com
November 24, 2025 at 12:08 PM
marketforcesa.bsky.social
The average yield on Nigerian Treasury bills declined slightly due to sustained demand for the naira in the secondary market. The changing market dynamics continue to fuel rate cut expectations

dmarketforces.com/nigerian-tre...

#Treasurybills
dmarketforces.com
November 24, 2025 at 11:56 AM
marketforcesa.bsky.social
Artificial Intelligence (AI) has the potential to boost productivity and economic growth, the International Monetary Fund (IMF) Managing Director, Kristalina Georgieva, has said.

dmarketforces.com/ai-has-poten...

#AI #KristalinaGeorgieva
dmarketforces.com
November 24, 2025 at 11:51 AM
marketforcesa.bsky.social
Brent crude oil steadied on Monday as markets weighed the prospects of a possible peace deal in Ukraine and the likelihood that the US could lift sanctions on Russian oil exports.

dmarketforces.com/brent-steady...

#BrentCrude #Crudeoil #oilprice
Brent Steady As Markets Weigh Russian–Ukrainian Peace Talks
Brent crude oil steadied on Monday as markets weighed the prospects of a possible peace deal in Ukraine and the likelihood that the US could
dmarketforces.com
November 24, 2025 at 11:46 AM
marketforcesa.bsky.social
Broadstreet analysts and Nigerian private sector financial market participants anticipated a sharp reduction in the policy rate as the Monetary Policy Committee (MPC) begins its final meeting for 2025

dmarketforces.com/mpc-analysts...

#MPC #CBN
MPC: Analysts Eye CBN Interest Rate Cut As Inflation Tempers
Broadstreet analysts and Nigerian private sector financial market participants anticipated a sharp reduction in the policy rate as the Monetary Policy
dmarketforces.com
November 24, 2025 at 11:42 AM
marketforcesa.bsky.social
The Solid Minerals Development Fund (SMDF) says it is partnering with the Ores Reserves Development Forum (ORDF) to develop a mining finance framework aimed at addressing the difficulties miners...

dmarketforces.com/smdf-ordf-pa...

#smdf #ORDF #MiningFinanceFramework
SMDF, ORDF, Partner To Develop Mining Finance Framework
The Solid Minerals Development Fund (SMDF) says it is partnering with the Ores Reserves Development Forum (ORDF) to develop a mining finance framework aimed
dmarketforces.com
November 24, 2025 at 11:36 AM
marketforcesa.bsky.social
Zenith Bank Plc empowers African innovators with N140 million cash prize at the conclusion of its tech fair. The bank said a total cash prize of N140 million has been awarded to the African innovators

dmarketforces.com/tech-fair-ze...

#TechFair #ZenithBank
dmarketforces.com
November 23, 2025 at 5:20 PM
marketforcesa.bsky.social
Deposit money banks’ (DMBs) placements at the Central Bank of Nigeria (CBN) Standing Deposit Facility (SDF) window declined by 40% week on week while system liquidity crashed.

dmarketforces.com/banks-placem...

#Banks #CBN #NigerianBanks
Banks' Placements At CBN Window Falls By 40% Amidst OMO Actions
Deposit money banks' (DMBs) placements at the Central Bank of Nigeria (CBN) Standing Deposit Facility (SDF) window declined by 40% week on week while system
dmarketforces.com
November 23, 2025 at 4:53 PM
marketforcesa.bsky.social
The FX spread, or the gap between official and unofficial exchange rates, narrowed as the naira traded negatively across currency markets. 

dmarketforces.com/fx-spread-na...

#FX #Naira #CurrencyMarket
dmarketforces.com
November 23, 2025 at 4:50 PM
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Reflecting their different expectations, equities analysts at two leading investment firms have estimated significant upside potential for investors holding Guinness Nigeria Plc at N167 reference market price.

dmarketforces.com/guinness-nig...

#GuinessNigeriaPlc
Guinness Nigeria: Analysts See Upside Potential, Differ On TP
Reflecting their different expectations, equities analysts at two leading investment firms have estimated significant upside potential for investors holding
dmarketforces.com
November 23, 2025 at 4:34 PM
marketforcesa.bsky.social
Bitcoin (BTCUSD) climbed by about 3% in 24 hours in a struggle to rebound amidst sell pressures in the cryptocurrency market. According to data from CoinMarketCap...

dmarketforces.com/btcusd-gains...

#Bitcoin #crypto
BTCUSD Gains 3% As Crypto Market Struggles To Rebound
Bitcoin (BTCUSD) climbed by about 3% in 24 hours in a struggle to rebound amidst sell pressures in the cryptocurrency market. According to data
dmarketforces.com
November 23, 2025 at 4:27 PM
marketforcesa.bsky.social
Ethereum (ETHUSD) price surges by about 4% in 24 hours as Fusaka upgrade optimism boosts investors’ sentiment amidst cryptocurrency sell-offs while dip traders begin to take positions.

dmarketforces.com/eth-rises-by...

#Ethereum #CryptoMarket
dmarketforces.com
November 23, 2025 at 4:18 PM
marketforcesa.bsky.social
The Central Bank of Nigeria (CBN) sells $250 million in multiple transactions to authorised dealers and banks as part of an effort to strengthen the local currency, the naira, at the official foreign exchange market

dmarketforces.com/cbn-sells-25...

#CBN #Naira #FXmarket
CBN Sells $250mn To Defend Naira As FX Pressures Increase
The Central Bank of Nigeria (CBN) sells $250 million in multiple transactions to authorised dealers and banks as part of an effort to strengthen the local
dmarketforces.com
November 23, 2025 at 4:15 PM
marketforcesa.bsky.social
Nigerian US dollar bonds alongside African Eurobonds rallied as foreign investors adjusted their portfolios in reaction to a weak US dollar, unemployment conditions and delayed consumer price index data.

dmarketforces.com/african-euro...

#AfricanEurobonds #USDollarBond #Eurobonds
African Eurobonds Rally As Foreign Investors Rotate Portfolio
Nigerian US dollar bonds alongside African Eurobonds rallied as foreign investors adjusted their portfolios in reaction to a weak US dollar, unemploy
dmarketforces.com
November 23, 2025 at 3:59 PM
marketforcesa.bsky.social
The stock market value of waste management company The Initiates Plc’s (TIP) 889.981 million outstanding shares inched close to N10 billion on the Nigerian Exchange (NGX) on investors’ improved sentiment.

dmarketforces.com/the-initiate...
dmarketforces.com
November 23, 2025 at 3:56 PM
marketforcesa.bsky.social
The British pound, or the sterling, traded on a mixed note against the United States (U.S.) dollar, euro and Japanese yen in the forex market ahead of the UK budget.

dmarketforces.com/sterling-swi...

#BritishPound #Sterling
Sterling Swings Versus Dollar, Euro Ahead Of UK Budget
The British pound, or the sterling, traded on a mixed note against the United States (U.S.) dollar, euro and Japanese yen in the forex market ahead
dmarketforces.com
November 22, 2025 at 11:53 PM
marketforcesa.bsky.social
U.S. state budgets are well-positioned to address slower revenue growth and increasing economic and policy uncertainty in fiscal 2026, according to Fitch Ratings in its latest annual report

dmarketforces.com/u-s-state-bu...

#US
U.S. State Budgets Tested By Slower Revenue Growth, Federal Policy Shifts
U.S. state budgets are well-positioned to address slower revenue growth and increasing economic and policy uncertainty in fiscal 2026, according to Fitch
dmarketforces.com
November 22, 2025 at 11:40 PM
marketforcesa.bsky.social
Equities investors recorded another weekly loss as selloffs wiped off N2.09 trillion from the Nigerian Exchange (NGX) market capitalisation.

dmarketforces.com/equities-inv...

#NGX #Stockmarket
dmarketforces.com
November 22, 2025 at 6:29 PM
marketforcesa.bsky.social
Fidelity Bank Plc reported a net profit of N211.727 billion for the first nine months of the 2025 financial year, bolstered by a significant year-on-year growth in revenue.

dmarketforces.com/fidelity-ban...

#FidelityBank
Fidelity Bank Posts N212 Billion As Profit In Q3
Fidelity Bank Plc reported a net profit of N211.727 billion for the first nine months of the 2025 financial year, bolstered by a significant year-on-year
dmarketforces.com
November 22, 2025 at 5:39 PM