Wall Street Worried Over Slowing Economy Recovery
The Dow Jones and S&P 500 fell on Tuesday, as worries over the slowing pace of economic recovery overshadowed hopes…
Day: September 7, 2021
Toyota To Spend $13.5 Billion On Electric Vehicle Battery By 2030
Toyota said on Tuesday that it expects to spend more than $13.5 billion by 2030 to develop its electric battery…
FCMB Gets Recognition As Best SME Bank In Africa And Nigeria – Asian Banker, Middle East and Africa Regional Awards
First City Monument Bank (FCMB), has been recognised as Best SME Bank in Africa and Nigeria at the Asian Banker Middle East and Africa…
Ghana: SIM Card Registration To Resume In October
Ghana’s Minister of Communications and Digitalisation, Ursula Owusu-Ekuful, has announced that the delayed national SIM card re-registration exercise will begin…
Netherland Confirms Delay of 5G Auction
The Netherlands’ State Secretary for Economic Affairs Mona Keijzer has told the House of Representatives that the planned auction for…
UK Property Prices Continues To Jump Market Strength Persists
British house prices rose sharply last month in a further sign of strong momentum in the market even after the…
Outstanding ECA Loan Associated With 8 Eight Aircraft Repaid – Aviation PLC
It is pleasing that commercial bank aircraft lending appears to be reopening following the disruption caused by COVID-19,” said executive…
Stock Futures Open Slightly Higher After Dow Slips Following August Jobs
U.S. stock futures opened slightly higher Monday night after the Dow slipped from a record high on Friday before the…
Civil Society Organisations Knock Nigeria’s Tax Authority Over Planned Social Media Tax
Civil Society Organisations on Monday condemned the Federal Inland Revenue Service over its decision to impose taxes on social media…
United Oil & Gas Signs Binding Deal To Sell North Sea Assets
United Oil & Gas PLC (AIM:UOG, FRA:1UO) is advancing its deal to sell its North Sea licences, signing a binding agreement…
Stanbic IBTC Bank Revenue Shrinks, Profit Drops By 53%
Stanbic IBTC Holdings Plc reported a 52.85 per cent drop in its profit before tax for the first half this…
Nigeria: Investors Lose N4.23bn As Consumer Goods Stocks Decline
The equities market of the Nigerian Exchange Limited declined by N4.23bn at the end of trading on Monday amid selloffs…
Chinese Stocks Rise As Data Shows China’s Exports In August Beat Expectations
Shares in Asia-Pacific were mixed in Tuesday trade, as data showed China’s August trade data came in above expectations. The…
European Markets Head For Mixed Open, Reflecting Uncertain Sentiment Globally
European stocks are expected to open mixed on Tuesday, reflecting similar trade in their Asia-Pacific counterparts overnight. London’s FTSE is…
El Salvador Bought $21 Million Of Bitcoin As It Becomes First Country To Make It a Legal Currency
El Salvador bought roughly $20.9 million worth of bitcoin, one day before it formally adopts the world’s most popular cryptocurrency…
Nigeria: Lotus Bank Expands With New Locations
LOTUS Bank has announced the opening of three new locations in Lagos State in a bid to expand its footprint…
$75m Investment Injected Into Ecobank
Ecobank Transnational Incorporated has announced the receipt of a $75m perpetual non-cumulative additional tier-1 capital investment from Arise B.V ETI…
NNPC To Sell Equity Stake From 2024
The GMD of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari, has said the earliest the corporation can issue its…