MarketForces Africa ®

African focused financial news and data services provider. e:[email protected]

[MarketForces Africa ® @MarketforcesA]

The Presidential Enabling Business Environment Council (PEBEC) says 98 per cent of the 69 Ministries, Departments and Agencies (MDAs) under its monitoring framework now meet...

https://t.co/luFb2Au04d

[MarketForces Africa ® @MarketforcesA]

The Senate and House of Representatives Committees on Solid Minerals Development have called for increased funding for the sector to unlock its vast economic potential and accelerate...

https://t.co/k5N3O1XW6f

[MarketForces Africa ® @MarketforcesA]

South Korea’s foreign exchange reserves rose to $427.4 billion at the end of June 2026 from $427.0 billion in May, marking a modest increase in the country’s external buffers.

https://t.co/5cJiKAFtMQ

#SouthKorea

[MarketForces Africa ® @MarketforcesA]

The naira exchange rate was little changed at the Nigerian foreign exchange market (NFEM) as trading activities among financial institutions and market makers eased on Friday.

https://t.co/TePrdwy7lh

#Naira

[MarketForces Africa ® @MarketforcesA]

Ripple (XRP) is up by about 5% in 24 hours to $1.14, outperforming a rising broader market, primarily driven by a short squeeze ignited by a key technical breakout.

https://t.co/2SaExX4I6P

#XRP #Ripple

[MarketForces Africa ® @MarketforcesA]

Equities investors gained about N3.16 trillion on Friday in the Nigerian stock market as renewed bargain hunting in sectoral names boosted performance and reduced the weekly loss.

https://t.co/2dzaIzcim9

#equitymarket

[MarketForces Africa ® @MarketforcesA]

The Minister of Solid Minerals Development, Dele Alake, has warned that mining firms breaching Community Development Agreements (CDAs) risk losing their mining titles, as the Federal Government tightens enforcement.

https://t.co/Le8qW76r7O

#MiningFirms

[MarketForces Africa ® @MarketforcesA]

A major international clinical trial aimed at finding effective treatments for Bundibugyo virus disease (BVD), a rare form of Ebola, has commenced in the Democratic Republic of the Congo (DRC).

https://t.co/npubC2LN19

#WHO #Ebola #Congo

[MarketForces Africa ® @MarketforcesA]

The Federal Government has cleared N39.6 billion in longstanding pension arrears, providing relief to thousands of retirees under the Defined Benefit Scheme (DBS).

https://t.co/JPeHkEQyY4

#FG #PensionArrears

[MarketForces Africa ® @MarketforcesA]

Google Play on Friday inaugurated a one-million-dollar Indie Games Fund to support emerging game developers across 32 African countries with funding, technical support, and mentorship.

https://t.co/rzyFE8g1jP

#GooglePlay #AfricanGameDevelopers #Africa

[MarketForces Africa ® @MarketforcesA]

The Securities and Exchange Commission (SEC) has cleared seven new fintech and digital asset firms for admission into its Accelerated Regulatory Incubation Programme (ARIP).

https://t.co/JeTOMMTeYG

#SEC #Fintech #ARIP

[MarketForces Africa ® @MarketforcesA]

Oil prices edged higher on Friday as investors balanced signs of progress in US-Iran peace efforts against expectations that OPEC+ will approve another production increase this weekend.

https://t.co/0ULcMM4MvH

#OilPrices

[MarketForces Africa ® @MarketforcesA]

Nigeria joined the International Energy Agency (IEA) as an Association country, deepening ties between the Paris-based energy watchdog and Africa’s largest oil producer.

https://t.co/SoJCdwde4G

#Nigeria #IEA

[MarketForces Africa ® @MarketforcesA]

Ripple (XRP) price inched up to $1.10, its closely watched psychological threshold, with a 24-hour trading volume of $2.28 billion amid renewed investor optimism.

https://t.co/XhjOrEfooI

#XRP #Ripple

[MarketForces Africa ® @MarketforcesA]

Trading activity in Nigerian Treasury bills in the secondary market was bullish, with yields contracting across the curve as investors adjust their portfolios to optimise returns.

https://t.co/iUYnY47d1w

#Treasurybills

[MarketForces Africa ® @MarketforcesA]

The benchmark yield on Federal Government of Nigeria (FGN) bonds declined as investors increased bets across the short, belly and long end of the curve

https://t.co/1og3maWs3b

#FGNbonds

[MarketForces Africa ® @MarketforcesA]

First HoldCo Plc lost more than 8% of its market value on Thursday in the Nigerian stock market as investors’ sentiment weakened ahead of a board meeting.

https://t.co/5sYYTpJfgY

@FirstBankngr #FirstHoldco

[MarketForces Africa ® @MarketforcesA]

Oando Plc lost 7.01% of its market value on the Nigerian Exchange (NGX) as sell pressure persisted, dragging the oil and gas index lower by 0.24%.

https://t.co/IFgDbt75pF

@Oando_PLC

[MarketForces Africa ® @MarketforcesA]

Cement company Lafarge Africa Plc lost about 6.5% of its market value as investors’ sentiment shifted negative, extending its four-day loss to about 9%

https://t.co/mza1qD8gnt

@LafargeAfrica

[MarketForces Africa ® @MarketforcesA]

Bitcoin (BTC) price topped $61k, outperforming a flat market and primarily driven by a dovish shift in Federal Reserve rhetoric that eased macro pressure.

https://t.co/3XITBbhP2n

#Bitcoin #BTC