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Market News Nigeria
Local

Russia Jumps To Fourth Position As Oil Supplier To India, Tanker Data Shows

May 17, 2022 0
Local

KKR Boosts Renewable Power Presence With $2.2Billion deal for…

Local

Ukraine Will Not Reopen Gas Route Until It Controls Pipeline System

Local

India Tax Authority Froze $478 Million Of Xiaomi Funds In…

Local

Tesla Exports First Cars From Shanghai Since Reopening Plant –…

Local

Blending off-spec fuel near completion, says MOMAN

Mar 11, 2022 0
The Major Oil Marketers Association of Nigeria (MOMAN) says its members are close to the completion of blending…
Local

Fuel Scarcity Won’t Spread To Lagos, Others – Marketers

May 12, 2022 0
Oil marketers have said that the fuel scarcity being experienced in Abuja will not spread to Lagos State and other…
Local

Universal Insurance Set For N10b Recapitalisation- Nigeria

May 12, 2022 0
Universal Insurance Plc may soon join the firms that have met the new capital base of N10 billion ordered by the…
Local

CMA Sets Tough Rules For Small Firms Issuing Bonds – Kenya

May 12, 2022 0
The small businesses will have to be in operation for two years, have a minimum issued share capital of Sh10…
Local

Kenya Shilling For First Time Hits Sh116 Against The Dollar

May 12, 2022 0
The shilling closed trading at Sh116.1 to the dollar, compared to Tuesday’s Sh115.99 and has depreciated from…
Local

Tanzania Makes U-turn On Uganda Sugar

May 12, 2022 0
Tanzania banned sugar from Uganda in 2019, saying the imports originated from third-party countries.Presidents…
Local

Telcos Propose Tax Review, Others To Avert 40% Tariff Hike

May 12, 2022 0
Telecommunication companies had recently proposed a 40% hike in the cost of calls, SMS, and data. This is as a…
Local

Greece, UAE Agree Joint Investments In Energy, Other Sectors

May 9, 2022 0
Greece and the United Arab Emirates (UAE) agreed to jointly fund investments worth 4 billion euros ($4.2 billion)…
Local

U.S. Wholesale Inventories Unrevised In March

May 9, 2022 0
U.S. wholesale inventories increased solidly in March, though the pace slowed from the prior month amid rising…
Local

IKEA To Spend 3billion Euros On Stores As It Adapts To E-commerce – Sweden

May 9, 2022 0
IKEA retailer Ingka Group is spending $3.2 billion through 2023 on new and existing stores, much of it to modify…
Local

Most Gulf Bourses Track Global Shares Lower; Saudi Gains

May 9, 2022 0
Most Gulf stock markets fell in early trade on Monday, tracking subdued global shares on rate worries, while a…
Local

Analysis: Markets Must Face Up To Tightening Financial Conditions

May 9, 2022 0
Already sitting on double-digit losses this year, stock market investors must brace for more. As the realisation…
Local

United Kingdom Revokes Moscow Bourse’s Status As Recognised Exchange

May 6, 2022 0
Britain on Thursday revoked the Moscow Stock Exchange's (MOEX) status as a recognised stock exchange.Britain…
Local

Shell Posts Record Quarterly Profit, Lifted By Energy Price Surge

May 5, 2022 0
Shell (SHEL.L) on Thursday reported a record first-quarter profit of $9.13 billion, boosted by higher oil and gas…
Local

Late Czech Billionaire’s Family Taps Longtime Partner Smejc To Run PPF

May 5, 2022 0
PPF Group will install investor Jiri Smejc as its new chief executive from June 15.PPF has assets worth around 40…
Local

Russian C.Bank Sells 550 Billion Roubles At One-Week Repo Auction

May 4, 2022 0
Russia's central bank provided banks with all 550 billion roubles ($7.99 billion) on offer at a one-week repo…
Local

Robinhood Launches Stock Lending Program In Revenue Diversification Push

May 4, 2022 0
Robinhood Markets Inc (HOOD.O) on Wednesday said it launched a fully-paid securities lending program, which lets…
Local

From Coffee To Ketchup, Retailers Seek Price ‘Shields’ As Inflation…

May 4, 2022 0
As shoppers pay more for anything from coffee to ketchup, some retailers have started to cut or cap the price of…
Local

Nigerians To Pay More As GSM Operators Plan 40% Tariff Hike

May 4, 2022 0
Telecommunication companies are proposing a 40% increase in the cost of calls, SMS, and data to the Nigerian…
Local

Nigeria’s $560m Tops African Startups’ Funding In Q1 2022

May 4, 2022 0
Amid difficulties in the business environment in the country, Nigerian startups raised a total of $559.85m…
Local

EXCLUSIVE Musk in talks for new Twitter financing-sources

May 2, 2022 0
May 2 (Reuters) - According to sources familiar with the situation, Elon Musk is in negotiations with huge…
Local

Fertilizer sector set for biggest profits in years on Russia-Ukraine conflict

May 2, 2022 0
May 2 (Reuters) - According to economists, fertilizer companies are on track to earn their best quarterly…
Local

Wall Street drops as Fed focus takes hold, 10-yr Treasuries breach 3%

May 2, 2022 0
May 2 (Reuters) - Investors adopted a cautious tone ahead of the Federal Reserve meeting this week. As…
Local

Google makes $100,000 worth of tech training free to every U.S. business

May 2, 2022 0
May 2 (Reuters) - Google (GOOGL.O) of Alphabet Inc (GOOGL.O), announced on Monday that any U.S. company with…
Local

Deliveroo suspends pay cut for UAE delivery riders after rare worker strike

May 2, 2022 0
DUBAI, May 2 (Reuters) - After a rare strike by foreign delivery employees in the Gulf Arab state, over…
Local

Netflix drops Meghan Markle’s animated series ‘Pearl’

May 2, 2022 0
May 1 (Reuters) - Netflix Inc (NFLX.O) announced on Sunday that it had opted to halt production on Meghan…
Local

The Fed wants to cool the U.S. housing market. Here’s what that feels like

May 2, 2022 0
(Source: Reuters) Harsh Grewal and his wife settled on a place in a San Francisco suburb in mid-April, months…
Local

U.N. chief calls for debt relief, post-COVID investment on West Africa trip

May 2, 2022 0
(Reuters) - DAKAR, May 1 (Reuters) - On Sunday, United Nations Secretary-General Antonio Guterres called for…
Local

Stocks slide, dollar holds ground as U.S. rate hike looms

May 2, 2022 0
Reuters, MILAN, May 2 - Concerns over economic growth lingered ahead of an expected U.S. rate hike this week.…
Local

Oil slips on China growth worries, EU weighs Russian crude ban

May 2, 2022 0
Fears regarding China's growth are increased by the country's declining industry activity. (Reuters) - LONDON,…
Local

Circa Wants To Make First-Of-The-Month Rent Payments Obsolete

Apr 27, 2022 0
Paying rent on time can mean the difference between having a place to live, and well, not. Circa believes there is…
1 2 3 … 394 Next

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NIGERIA

Local

Twitter, Nigeria Agreement Suffers Setback As Musk Buys Microblogging Platform

Apr 26, 2022
Local

Elon Musk Acquires Twitter For $44bn

Apr 26, 2022
Local

Twitter Acquisition: Elon Musk Sends Message To Critics

Apr 26, 2022
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Apr 26, 2022
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World

Ukraine resumes evacuations after Russian…

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Mar 23, 2022
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