Microsoft Set To Report Earnings After The Bell
Microsoft will release its fiscal fourth-quarter earnings report after market close Tuesday. Here’s what analysts are expecting: Earnings: $1.92 per…
Day: July 27, 2021
Gold Subdued As Investors Await Cues From United State Federal Reserve Meeting
Gold prices lingered below the key $1,800 per-ounce level on Tuesday, as investors maintained a cautious stance ahead of the…
Nigeria’s CBN Retains Key Policy Rate
The bank says increasing the rate will hinder the recovery of the economy, while an expansionary policy will make inflation…
Kenyan Entrepreneur Turns Water Hyacinth Weed Into Cooking Fuel
A project in Kenya is using biogas technology to tackle two major pollution problems with one device: a machine that…
Nigeria’s Revenue-To-GDP Ratio Lowest, Private Sector Choking – World Bank
Nigeria’s revenue-to-Gross Domestic Product ratio, which fell to between five and six per cent last year, is the lowest in…
Coffee Prices Surge As Unusual Cold Threatens Brazilian Production
Arabica coffee prices rose 10% more on Monday, after jumping nearly 20% last week, to their highest in nearly…
‘They’ve Turned Into Money Laundering Agents’ — Central Bank Of Nigeria Bans Sale Of FX To BDCs
The Central Bank of Nigeria (CBN) says it has stopped sale of foreign exchange (FX) to Bureau De Change (BDCs)…
Sterling Dips Against Dollar As Stocks Slide
LONDON (Reuters) – Sterling dipped against the dollar on Tuesday as global stock markets sank led by a heavy sell-off…
London Judges Agree To Reopen $7 Billion Brazil Dam Lawsuit Against Anglo Mining Giant BHP
London’s Court of Appeal agreed on Tuesday to reopen a major lawsuit against Anglo-Australian mining giant BHP, reviving a $7 billion…
MPC Likely To Hold Rates
The monetary policy committee (MPC) meets today and tomorrow. At its last meeting held in May, the committee was faced…
One Dead, Four Missing After Explosion Rocks German Chemicals Site
One person is dead and four are missing after an explosion rocked an industrial park in the western German city…
China Is Still Falling Short Of Meeting An Agreement To Reduce Its United State Trade Surplus
China’s purchases of U.S. goods are still falling short of trade agreement levels, even as overall Chinese imports from the…
Naira Stable At Official, Black Markets
The naira closed at N504.00 per $1 on Monday. Naira maintained stability against the U.S dollar at both the official…
External Reserves Gain $76.5 Billion In Seven Days
In a curious twist of fate last week, there was a breather for the falling foreign exchange reserves. The figures…
When Debt Service Consumes 98% Of Revenue
Oil price climbed down to $68 per barrel last week after sailing pretty close to $80 in the frenzy of demand surge. Even as…
Bitcoin Briefly Tops $40,000 For First Time Since June As Cryptocurrency Rallies After Sell-Off
Bitcoin surged above $40,000 for the first time in nearly six weeks on Monday as sentiment turned bullish following a recent…