Cybersecurity Company SentinelOne Files To Go Public With 108% Revenue Growth Year-Over-Year
Cybersecurity company SentinelOne filed its IPO prospectus with the Securities and Exchange Commission on Thursday, and plans to list on the New…
Day: June 3, 2021
Google reassigns diversity lead after antisemitic blog post comes to light
Google has reassigned global diversity lead Kamau Bobb after it deemed his past comments as antisemitic. Bobb, a global lead…
U.S. investment bank names 5 stocks on its ‘strongest conviction’ list
U.S. investment bank Stifel has added several companies to its list of “strongest conviction” global investment ideas. Stifel updated its list of…
Santoli’s Thursday notes: AMC is now about crowd psychology and pinball among the trading machines
This is the daily notebook of Mike Santoli, CNBC’s senior markets commentator, with ideas about trends, stocks and market statistics.…
Key levels to watch in Lululemon stock after earnings, according to Miller Tabak
Lululemon is set to report earnings after the bell Thursday. The one-time coronavirus pandemic darling has come under pressure this year with…
BDC Operators Move To Crash Exchange Rate, Ban Street Hawking Of Dollars
Forex traders under the aegis of the Association of Bureau De Change Operators of Nigeria (ABCON) have said they will…
NPA Boss Promises To Resolve Electronic Call-Up Bottlenecks
The acting Managing Director of the Nigerian Ports Authority, Mr Mohammed Bello-Koko, has said the authority was committed to resolving…
Oil Rises With U.S. Crude Supplies Falling For Second Week
Oil climbed after a U.S. government report showed crude inventories declined for a second straight week, further evidence of increasing…
Canada FX Debt-Canadian Dollar Slides As Inflation Risk Hits Sentiment
The Canadian dollar weakened to a six-day low against its U.S. counterpart on Thursday, as investors weighed inflation risk and…
Bankers Dare EFCC, Say We’re Not Afraid To Declare Assets
The National Union of Banks, Insurance and Financial institutions has said its members are not afraid to declare their assets…
Worries As N796b Investors’ Losses In May Extends Into June
Insecurity in the country and other macroeconomic challenges, coupled with uncertainty in the global economy, may continue to take a…
CBN Adjusts Naira’s Official Rate To N410.22/$1
The Central Bank of Nigeria (CBN) again weakened the naira yesterday, by adjusting the local currency ‘s official rate to…
CBN: Forex Inflows Drop To $43bn In 2020
A total of $43 billion in foreign currency flowed through the Central Bank of Nigeria (CBN) as outflows in the whole…
‘Nigeria, Others In Fragile Position On Energy Transition, Investment’
As the world adapts to the rapidly changing dynamics in the energy industry in an effort to mitigate the impacts…
Crypto Firms Failing To Meet FCA’s Money Laundering Regulations
The U.K. markets regulator says significant numbers of crypto firms are withdrawing applications to register with the watchdog after struggling…
Dollar Ticks Up Ahead Of U.S. Payrolls
The U.S. dollar rose on Thursday as traders awaited a batch of U.S. economic data that could set the tone…
Improved Business Performance Pushes PMI To 54.4 Points
Growth in the Nigerian private sector gained momentum in May to 54.4 basis points, with business conditions improving to the…
Cocoa Prices Rise In Nigeria`S Edo, Akwa Ibom, Abia, Ogun States, Fall In Ondo
IBADAN, Nigeria — Cocoa prices have risen this week in some producing states in Nigeria due to the slight improvement…
Gokada Eyes Share Of Nigeria’s $20b E-Commerce Market
Nigeria-based last mile delivery, logistics and transportation start-up Gokada has launched a ‘Super App’ where customers can access food delivery,…
Shippers Association Cautions Terminal Operators On Tariff Increase
The Shippers Association of Lagos (SAL) yesterday cautioned terminal operators and shipping lines against increase in charges and rates in…
These are the next Reddit stocks to watch, according to Bank of America
The meme-stock frenzy is as crazy as ever, and Bank of America is flagging the new stocks getting attention from…
Ford to expand profitable truck lineup with new small Maverick pickup
DETROIT — Ford Motor will expand its highly profitable truck lineup with a new small pickup called Maverick, the company confirmed Thursday.…
Elon Musk tweets again, sending shares of ‘Baby Shark’ investor soaring
Shares of Samsung Publishing, a major shareholder in the producer of “Baby Shark,” soared on Wednesday after a tweet by Tesla CEO Elon…
Russia’s top digital bank wants to offer crypto — but tough central bank policy stands in its way
Tinkoff, the biggest online bank in Russia, wants to offer cryptocurrency trading to its clients but says this will take…
United Airlines will buy 15 ultrafast airplanes from start-up Boom Supersonic
United Airlines is planning to turn the friendly skies into the ultrafast skies with the addition of supersonic jets. The carrier…
Ex-TD Ameritrade CEO warns meme stock traders that leverage could ‘rip your arms off’
Joe Moglia, former CEO of online trading platform TD Ameritrade, issued a stern warning Thursday about using leverage to try…
Russia Says It Will Remove Dollar Assets From Its Wealth Fund
Russia is cutting the U.S. dollar from its $186 billion National Wealth Fund as Washington continues to impose sanctions on Moscow. The…
China Rushes To Pull Back The Yuan From A Three-Year High
China is trying to rein in the yuan as it surges to three-year highs against the U.S. dollar. A stronger yuan…
Forex: ABCON Bans Street Hawking, Moves To Cut Rate
The Association of Bureau De Change Operators has said it will commence what it called ‘Operation No Street Trading’ to…
Oil Industry’s Future At Risk, Barkindo Warns Nigeria, Others
The Secretary-General of the Organisation of the Petroleum Exporting Countries, Mr Mohammad Barkindo, has warned that the future of the…