Two African fintech firms operating in Nigeria get $3.2 million grant
Again, two financial technology companies in Africa, MFS Africa, and Frontclear, have secured $3.2 million worth of investments from FSD…
Year: 2020
FG excludes tuition fees, basic food items, others from 7.5% VAT
The Federal Government (FG) has exempted about 20 basic food items and some other transactions/items from the new 7.5% Value…
Paul Tudor Jones says this ‘crazy’ stock market run reminds him a lot of early ’99
Billionaire investor Paul Tudor Jones said the stock market today is reminiscent of the latter stages of the bull market…
Dow pulls back from record highs as U.S. stocks follow Asian shares lower
U.S. stocks fell modestly at the start of trade Tuesday, as investors returned from a holiday and found few reasons…
Should Value Investors Buy MetLife (MET) Stock?
Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions,…
Hong Kong leads Asian markets lower on credit downgrade and coronavirus fears
Hong Kong stocks recorded their worst day in more than five months after renewed concerns about how the city is…
UBS cuts mid-term guidance after missing 2019 targets
UBS Group AG has cut its mid-term guidance after missing its key targets for 2019. The results come as the…
EasyJet 1Q 2020 revenue per seat rose 8.8%
Budget airline easyJet PLC on Tuesday said revenue per seat for the first quarter of fiscal 2020 rose, and that…
UK employment hits new record high as Bank weighs rate cut
The employment rate in the UK hit a new record high at the end of last year despite the political…
Hugo Boss sales, profit rose on European growth
Hugo Boss AG said Tuesday that sales and operating profit rose in the fourth quarter, buoyed by growing momentum in…
Markets Wrap
European stocks dropped alongside U.S. equity futures on Tuesday, tracking broad declines across Asia amid a series of negative developments…
3 Stocks to Buy and Hold for the Next 50 Years
Warren Buffett famously said “Our favorite holding period is forever,” and it’s good advice. Periodically reviewing your stocks is wise,…
US Stock Index Futures Decline Amid China Virus Worries
U.S. stock index futures indicated a negative start after the long weekend, mirroring a sell-off in global equity markets as…
Key Levels for Amazon Stock in the First Half of 2020
Amazon.com, Inc. (AMZN) stock closed 2019 at $1,847.84 and closed Friday, Jan. 17 at $1,864.72, up just 0.9% so far…
Facebook passes important notice on ‘harmful’ content
Following up on the news that Facebook is hiring 1,000 more people in London, Steve Hatch, its vice-president for northern…
China Virus Outbreak Thwarts Most Bullish Stock Market in Years
A virus outbreak in China is sending shockwaves through the country’s stock market, denting what had been growing enthusiasm toward…
BREAKING: Asian Stocks Fall As New Virus Fears Grow
Shares in Asia have fallen as worries grow about a new virus that has so far killed four people, after…
GTBank Reduces “Quick Credit” Interest Rate To 1.33% Monthly
Guaranty Trust Bank, Nigeria’s largest bank by market capitalization, has crashed its interest rate for its ‘quick credit’ facility from…
Electricals Business “Sparked Into Life”
Commenting on the latest trading update from Dixons Carphone, Richard Lim, chief executive of Retail Economics, said: “These are solid…
TalkTalk sells fibre network for £200m
TalkTalk has agreed the £200m sale of its FibreNation fibre network business to CityFibre, a company backed by Goldman Sachs.…
Customers Slam GTBank Over Several Hours Of Downtime
Nigerian multinational financial institution Guaranty Trust Bank plc also known as GTBank is currently having network issues and customers have…
Business Leaders Demand Substantial Reasons For Brexit From UK Govt
The government must urgently publish its negotiating objectives for the next stage of Brexit talks, the Institute of Directors (IoD)…
World Economic Forum 2020: Five Things To Look Out For
Some of the world’s top business people and politicians – plus a smattering of celebrities – will gather in Davos,…
How CBN Can Devalue Naira By 5 – 10 % – Analysts
The Central Bank of Nigeria (CBN) could devalue the Naira between 5-10% in 2020, according to analysts at EGM Hermes.…
70 Nigerian Companies To Participate At The Maiden UK-Africa Summit
As the maiden UK-Africa summit begins on Monday, January 20th, 2020, in London, about 70 Nigerian companies will participate at…