The Yuan Is Set To Weaken From Here, With Or Without PBOC
The yuan has had a fine run but the tide may be turning, even if…
Year: 2021
Local, Foreign Banks Invested $10b In Dangote Refinery – Emefiele
Nigerian banks and their foreign counterparts invested between $9 billion and $10 billion in the…
Nigeria’s Suspension Of Our Operations Deeply Concerning – Twitter
Twitter has expressed “deep concern” over the federal government’s decision to suspend its operations in…
NCC, Telcos Block Access To Twitter In Nigeria
Telecommunications operators have blocked access to the social media platform, Twitter in Nigeria. The telcos,…
FG Suspends Twitter’s Operations In Nigeria
The Nigerian Government has suspended Twitter Operations in Nigeria. This was announced on Friday by…
Oil Rises Towards $72 On Demand Prospects
Oil rose towards $72 a barrel on Friday, trading close to a two-year high as…
Customs Agents Suspend Strike At Onne Port
The Area 2 Branch of the Association of Nigerian Licensed Custom Agents has suspended its…
International Trade: Investors Bemoan Nigeria’s Unfriendly Business Climate
Investors have bemoaned the harsh business climate in Nigeria occasioned by security challenges noting that…
Bitcoin Slides After Musk Tweets Broken-Heart Emoji For Token
Bitcoin slid after a cryptic tweet from Elon Musk apparently hinting at a potential split…
ABCON Bans Street Trading Of Foreign Currencies
The Association of Bureaux De Change Operators of Nigeria (ABCON) says it will launch an…
Duration Of U.S. Dollar Weakness Splits FX Analysts
The U.S. dollar outlook is uncertain, with foreign exchange strategists in a Reuters poll almost…
Dollar Soars Ahead Of Payrolls But Can The Rally Last?
The U.S. dollar traded sharply higher against all of the major currencies on Thursday with…
Nigeria Home To 9,100 Dollar-Millionaires, Worth $207bn – REPORT
Nigeria has recorded about 9,100 high net worth individuals (HNWIs) each with minimum net assets of…
Foreign Stock Investors Withdraw N99.94bn In Four Months
A total of N99.94bn was pulled out by foreign investors from the Nigerian stock market…
Freight Forwarders Endorse Review Of Charges By PTML
Freight forwarding associations at the Ports and Terminal Multipurpose Limited (PTML) Terminal, Tin Can Island…
China Aims To Slow Yuan’s Rise But Likely To Avoid Drastic Steps – Policy Sources
China is likely to lean on incremental steps to slow the yuan’s gains to deter…
Africa’s Oil-Producing Nations Rally Against Threat To Fossil Fuels
Some African oil-producing nations yesterday opposed what they described as the global conspiracy to shut…
Passengers Suffer Check-In Delays As SITA Withdraws Service
Check-in for hundreds of international air travellers to various destinations was on Tuesday delayed for…
CBN Anchor Borrowers Programme Benefits Over 3 Million Farmers
CBN, he said, shall continue to sustain its interventions in the critical sectors of the…
Analysis: Japan’s Yen Set To Suffer A While Longer As BOJ Baulks At Tapering
The developed world’s most dovish central bank and companies keen to put cash to work…
How CBN, Under Emefiele, Drives Financial Reforms
The Governor of the Central Bank of Nigeria (CBN), Governor Godwin Emefiele, might have made…
Dollar Gains As Strong Run Of Data Turns All Eyes To Payrolls
The dollar was perched at multi-week highs on Friday, after notching up its biggest gains…
Pressure Mounts On Naira, Sells At N499/$1 At Black Market
The journey of the Nigerian Naira into the N500/$1 region at the unregulated segment of the foreign exchange…
Assessing Emefiele’s Stewardship At CBN
The Central Bank of Nigeria (CBN) Governor, Godwin Emefiele is seven years in office today.…
Nigeria Now Producing, Supplying SIM Cards To Africa Countries – Pantami
The Minister of Digital Economy and Communications, Mallam Isa Pantami, has revealed that Nigeria has…
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…
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…
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.…
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…
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…