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MarketForces Africa Engages in Research, Facts Driven Reporting on Business, Economy, Banking and Finance, Companies, and Others - https://dmarketforces.com/
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News
Oil Prices Surge On Supply Risk, Brent Crude Rises 8% In 5 Days
4+ hour, 54+ min ago (526+ words) Oil prices rose more than 8% week-on-week as attacks on tankers and energy facilities in the Middle East raised concerns over extended supply disruptions. International benchmark Brent crude futures for November delivery traded at $104.09 per barrel on Friday, up 8.1% from last…...
Q2 Results In Limbo: How Long Can Investors Wait?
3+ day, 4+ hour ago (342+ words) The prolonged delay in the release of audited H1 2026 financial statements by several major Nigerian banking groups is increasingly becoming more than a reporting-calendar issue. It is emerging as a question of market disclosure and investor visibility. The affected issuers have…...
South African Rand Steadies Amid Weaker Q2 GDP Data
4+ day, 5+ hour ago (345+ words) The South African rand traded sideways as the country’s economic data showed a contrasting picture amid a worsening global energy crisis. The local unit hovered around R15.99 per dollar, R18.60 per euro and R21.67 against the British pound on Wednesday, as weaker-than-expected Q2 Gross…...
Top 5 Stocks With Buy Recommendations From Broadstreet
6+ day, 10+ hour ago (553+ words) With varying upside potential, investment firm Cowry Asset Management Limited has listed Access Holdings, Dangote Sugar, Fidelity Bank, and three other companies as stocks to buy this week. The investment firm sees 40% upside for investors who purchase Access Holdings at…...
Money Market Rates Ease On Surplus Banking System Liquidity
6+ day, 21+ hour ago (374+ words) Money market rates eased over the last week due to excess liquidity in the banking system, reflecting a lack of significant funding pressure. The movement in short-term benchmark rates was influenced by banks’ placements in the standing deposit facility, primary…...
NVIDIA Tokenised Stock Gains, Coinbase Launches Tokenised Equities
2+ week, 4+ day ago (292+ words) NVIDIA Tokenised Stock (Robinhood) is up 1.97% over the past 24 hours to $213.25 on Tuesday, moving independently of a slightly down Bitcoin and other crypto market decliners. The rise is primarily driven by new on-chain demand following Coinbase’s launch of tokenised Nvidia…...
PMS Supply, Consumption Dip In July – NMDPRA
2+ week, 5+ day ago (616+ words) The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says it recorded a decline in fuel supply and consumption in July compared to June, even as diesel stock sufficiency improved significantly. According to the NMDPRA monthly Factsheet for July 2026, crude…...
Oil Prices Dip On Fed Rates Uncertainty, Canada Tariff Retaliation
2+ week, 6+ day ago (543+ words) Oil prices fell on Monday as escalating economic tensions between the US and Iran, renewed US-Canada trade friction, and uncertainty over the Federal Reserve’s (Fed) monetary policy outlook weighed on market sentiment. International benchmark Brent crude futures for November delivery…...
Fidelity Bank Declines, Equities Analysts Set Target Price
2+ week, 6+ day ago (222+ words) Fidelity Bank Plc’s share price declined by about 7% to N20 as investors trimmed their holdings ahead of the first-half 2026 earnings release. The bank’s share price depreciation suggests weak investor sentiment and a lack of pre-earnings bets, underscored by uncertainties in the…...
Scottish Business Activity Falls Further In July, Employment Rises -Royal Bank
4+ week, 18+ hour ago (782+ words) Business activity across Scotland declined again in July, according to the latest Royal Bank of Scotland Growth Tracker, as demand conditions remained challenging. There were some positive developments, however, with inflationary pressures easing, payrolls rising, and confidence around the year…...