Oil Recovers After Hitting Three-Week Low Amid Surging COVID-19 Cases
Oil prices rose on Tuesday, edging up from a three-week low in the previous session, but gains are likely to…
Year: 2021
People who are fully vaccinated against Covid-19 are highly protected against severe infection, hospitalization and death caused by the virus.…
Australian Startup Dovetail Set For Expansion As Valuation Hits $100 Mln
Australian customer analytics startup Dovetail wants to almost triple its staff and open an office in the United States after…
Treasury Yields Little Changed Ahead Of Inflation Data, Infrastructure Vote
United State Treasury yields were little changed early on Tuesday, as investors digested jobs data and comments from Federal Reserve…
Samsung Leader Jay Y. Lee Granted Parole, To Leave Prison On Friday
Samsung Electronics (005930.KS) vice chairman Jay Y. Lee, in jail after convictions for bribery, embezzlement and other charges, has qualified for parole…
S.Korea’s Krafton, Maker Of Hit Game ‘PUBG’, Tumbles On Debut
Shares in Krafton Inc (259960.KS), the Tencent Holdings-backed (0700.HK) South Korean company behind blockbuster video game “PlayerUnknown’s Battlegrounds” (PUBG), fell as much as…
Apple Says Photos In iCloud Will Be Checked By Child Abuse Detection System
Apple Inc (AAPL.O) on Monday said that iPhone users’ entire photo libraries will be checked for known child abuse images if they…
Asian Stocks On Backfoot As Concern Over Delta Variant Saps Confidence
Asian stocks started off on a weak footing on Tuesday after a largely soft performance on Wall Street and as…
Fed Officials Say Tapering Is Near, Advancing Discussion On Rate Hike
Two Federal Reserve officials said on Monday that the U.S. economy is growing rapidly and that while the labor market…
Sterling Slips As Currency Markets Weigh Up Tapering Timelines
The pound slipped slightly in early trading on Monday, but was still close to its strongest versus the euro since…
Debt Servicing Consuming Nigeria’s Revenues, Says LCCI
The Lagos Chamber of Commerce and Industry has advised the Federal and State Governments to liberalise the infrastructure sector by…
Customs To MDAs: Only Items Imported By President Are Exempted From Taxes
Timi Bomodi, NCS deputy national public relations officer, said this in a statement on Friday. Bomodi said this while raising…
Bitcoin Hits 3-Month High Above $45,000
Bitcoin gathered steam on Monday afternoon in London, heading above the $45,000 mark for the first time since mid-May. Both…
Nigeria Still Imports Dirty Fuel Four Years After Ban
Nigeria is still importing petroleum products with high sulphur content as the ban imposed on the importation of such fuels…
CBN Charges Bank Customers On Their Rights, Privileges
The Central Bank of Nigeria (CBN) has charged customers of commercial banks to know their rights and privileges at all…
NEPZA, Delta Move To Revive Koko Port FTZ
The Nigeria Export Processing Zones Authority on Sunday disclosed that discussions were ongoing with the Delta State Government to revamp…
Investors Stake N8.2 Billion On Equities In Five Trading Days
At the end of last week’s transactions, a turnover of 989.6 million shares worth N8.2 billion was recorded in 9,617…
NIPOST Alleges Shady Deals In Capital Market, Raids Firm Over N15m Illegal Contract
The Courier and Logistics Regulatory Department (CLRD) of the Nigerian Postal Service (NIPOST), at the weekend, uncovered some of the…
Stocks Making The Biggest Moves In The Premarket: Sanderson Farms, U.S. Foods, Tyson Foods And More
Sanderson Farms (SAFM) – The poultry producer agreed to be acquired for about $4.5 billion, or $203 per share, by…
SPACs are getting hit by a rising number of class-action lawsuits as more hyped-up deals turn out to be flops.…
Deliveroo Shares Rise After German Rival Takes Stake In The Business
Shares of food delivery firm Deliveroo climbed over 10% Monday after the company announced larger German rival Delivery Hero has…
Treasury Yields Start The Week Higher With Job Openings And Inflation Data In Focus
Treasury yields rose early on Monday, with investors focusing on job openings data set to come out later in the…
Helios Fairfax Taps Ujiri As Non-Executive Director
Helios Fairfax Partners Corporation (“Helios Fairfax”) (TSX:HFPC.U) announces that it has appointed Masai Ujiri as an independent director. Ujiri grew…
Oikocredit Provides Loan To Malian Mango Processor
Social impact investor Oikocredit provided a loan of € 1.6 million to Comafruits, a fruit processing company in Mali. Comafruits…
Kenya Wapi Pay Secures $2.2m Pre-Seed Round To Ease Payments Between Africa And Asia
Investors that took part in the round include MSA Capital, EchoVC, Kepple Africa, Future Hub, Transsion Holdings and Gobi Ventures.…
Naspers Foundry Makes Second Insuretech Deal In Two Weeks
Naspers has been making news headlines in the past few weeks, with Naspers’ subsidiary Prosus coming under pressure due to…
Kuda Valued At $500 Million After Quick Series B
The Nigerian fintech company, Kuda, announced Monday it has closed a $55 million Series B funding co-led by Valar ventures…
African Utilities Group Eranove Gains New Key Shareholder
Africa-focused public utilities manager Eranove Group has a new key shareholder after a $200 million investment by a company formed…
Asia-Pacific Markets Advance, With Hong Kong Shares Up Almost 1%
Asia-Pacific markets traded mostly higher on Monday, with indexes in Australia, Hong Kong and the Chinese mainland posting gains. Australia’s…
Stock Futures Are Flat After Dow Closes At Record Friday
Stock futures were flat in overnight trading Sunday after the Dow Jones Industrial Average notched a record close Friday following…