FMDQ To Deepen Market With Derivatives
FMDQ Securities Exchange Limited will soon launch a standardised market for exchange traded derivatives, a move that will deepen the…
Year: 2021
Doctors’ Strike: Reps Summon MDCN Registrar
House of Representatives, yesterday, summoned the Registrar, Medical and Dental Council of Nigeria (MDCN), Tajudeen Sanusi, to appear before its committee…
France’s Macron Announces End Of Elite ENA College
Emmanuel Macron announced Thursday plans to scrap France’s elite ENA graduate school, which four modern presidents have attended including him,…
MTN, Banks Working On Sustainable USSD Pricing Model
MTN Nigeria has said that it is currently engaging the banking community to align on a longer-term pricing structure for…
HP Seizes Over 4.5m Counterfeit Products In 2020 — Official
The HP Anti-Counterfeiting and Fraud (ACF) team said it confiscated over 4.5 million fraudulent print products, parts, and components, including…
IMF Seeks Support For Nigeria, Other Low Income Countries
The International Monetary and Financial Committee, the policy advisory committee of the Board of Governors of the International Monetary Fund,…
Nigeria: Dangote, Flour Mills, BUA In Bitter Sugar War
Three Nigerian conglomerates – Dangote Group, Flour Mills and BUA Group are currently locked in a bitter war over production…
Hope For Nigeria As Africa Awaits 428 New Oil, Gas Projects
Over 428 oil and gas projects are expected to be developed in Africa’s oil and gas sector before 2025, a…
CBN Gets Court Order To Freeze 193 More Bank Accounts
The Central Bank of Nigeria (CBN) has obtained three different court judgments from the Federal High Court, Abuja to freeze…
Champion Breweries, Guinness shares rise 230% Ytd
Despite the poor performance of the Nigerian stock market in the first quarter (Q1) of 2021, the shares of Champion Breweries…
The Securities And Exchange Commission Raises Alarm On Unregistered Online Platforms Proliferation
The Securities and Exchange Commission has warned the investing public on the proliferation of unregistered online investment and trading platforms…
Nigerian Stock Exchange Sustains Positive Profile As Capitalisation Gains N13B
Trading on the Nigerian Stock Exchange (NSE) continued in an upward note, yesterday, as more blue-chip stocks appreciated, resulting in…
CAP Reports N1.2bn Profit, Pushes Ahead With Merger Plan
Chemical and Allied Products Plc has reported a total profit of N1.2bn for the financial year 2020, compared to N1.7bn…
The Guy Who Started The GameStop Mania Will Soon Be Chairman Of The Board
George Sherman may still be the CEO of meme stock poster child GameStop. But it looks like Chewy co-founder Ryan…
Bitcoin Mining In China Could Soon Generate As Much Carbon Emissions As Some European Countries, Study Finds
Bitcoin’s soaring popularity could have a long-lasting negative effect on the environment. Cryptocurrency mining requires significant computer power and electricity, and the…
Queen Elizabeth’s Husband Prince Philip Dies At 99
The Duke of Edinburgh, the Queen’s “strength and stay” for 73 years, has died aged 99. Flags on landmark buildings…
We Lose N500m Daily To Stripping Operations – Group
The Advocacy for Maritime Development Association has disclosed that importers and agents are losing N500m daily over the suspension of…
Futures Tepid After S&P 500 Ends At Record Level
U.S. stock index futures were subdued on Friday as a rise in bond yields weighed on richly valued technology stocks…
Biden faces key test on EV battery Trade Dispute
U.S. President Joe Biden faces a Sunday deadline to decide whether to intervene in a trade dispute between two South…
Some Hong Kong Lawmakers Criticise Plans To Mask Company Directors’ Data
Several Hong Kong lawmakers on Friday raised concerns that proposals to restrict public access to information about directors of companies…
Volkswagen Loses $125 Million Fine Appeal For Emissions Breach In Australia: Regulator
Australian competition regulator said on Friday the federal court dismissed Volkswagen’s appeal against a record A$125 million ($95.1 million) fine…
Roughly 500 Ballots Challenged In Amazon’s Landmark Union Election
Roughly 500 ballots submitted in Amazon.com Inc’s landmark union election have been challenged in a contest that will determine whether…
China’s Didi Picks Goldman, Morgan Stanley For Mega U.S. IPO
China’s top ride-hailing firm Didi Chuxing has mandated Goldman Sachs and Morgan Stanley to lead its blockbuster IPO and plans…
World Stocks Hit Record High, Powered By Wall Street
Global stocks hit record highs on Friday, as tech shares on Wall Street cheered receding U.S. inflation fears, with the…
Stocks Firm Near Record After Easing U.S. Inflation Fears Lift Wall Street
Global stocks held firm near record highs on Friday as receding inflation fears in the United States pushed down bond…
Holidays For The Rich: Airlines Criticise Britain’s Travel restart Plan
Airlines slammed Britain’s plans for restarting international travel, saying that expensive testing requirements for trips to low-risk countries would mean…
Strong March Pushes Airbus Quarterly Deliveries Higher
Airbus reported slightly higher deliveries in the first quarter with 125 aircraft handed over to airlines after a sharp increase…
European Stocks On Longest Weekly Winning Streak In A Year
European stocks were subdued on Friday, but on course for their longest weekly winning streak in more than a year…
China Will Take Necessary Measures To Uphold Rights Of Chinese Companies
China said on Friday it would take necessary measures to uphold the rights and interests of Chinese companies, after the…