Concerns As 121 Firms Delisted From Nigeria’s Stock Exchange In 20 Years
According to data got from the Exchange; they has delisted 121 quoted companies from the official list of Nigerian Exchange…
Day: July 7, 2022
FG Approves N22.45bn For Petroleum, Environment Ministries- Nigeria.
The Federal Government, approved of N22.45bn for projects in the Ministries of Petroleum Resources and Environment. The Minister of Environment,…
Kenyan Court Freezes Accounts Belonging To Flutterwave, Others Over Alleged Money Laundering
A Kenyan High Court has seized Sh7 Billion ($59 million), from 56 accounts belonging to fintechs including Nigeria’s Flutterwave; stating…
Bitcoin Above $20K For Third Day In A Row As Avalanche Posts Decent Gains.
The price of the most valuable crypto by market value was around $20.5K, as it stayed above the key support…
Senate Vows To Support AMCON’s Debt Recovery Drive
The Chairman Senate Committee on Banking, Insurance and other Financial Institutions, Senator Uba Sani; has reiterated the willingness of the…
Bears Maintain Dominance In The Stock Market As Valuation Dips By N16 Billion.
The NGX closed on a negative note amidst sell-offs and buy-interests as the benchmark All-Share Index (ASI) depreciated by 6…
Merck In Advanced Talks To Buy Seagen In Nearly $40-Billion Deal – WSJ
Drugmaker Merck & Co is in advanced talks to buy cancer-focused biotech company Seagen Inc in a deal; that could…
Brent Falls Below $100 For The First Time Since April 2022.
The price of the global benchmark has fallen to a level not traded in 12 weeks. As a result of…
Rihanna Breaks Records To Become The Youngest Self-Made Billionaire At $1.7 Billion Networth.
Musician turned business mogul, Rihanna has just become America’s youngest self-made billionaire with $1.7 billion. In the past year, Forbes…
UK House Prices Surge By 13%, Most Since 2004, Halifax Says
House prices in Britain rose by the most since 2004 in the 12 months; leaping by 13% as better-off households…
Tesla Sold 78,000 China-Made Vehicles, Up 142%
U.S. electric vehicle maker Tesla Inc (TSLA.O) sold around 78,000 China-made vehicles; preliminary estimates published by the China Passenger Car…
Credit Suisse Names New Head Of Swiss Private Banking.
Credit Suisse (CSGN.S) said it was naming Roger Suter its new head of private banking in Switzerland. Succeeding current manager…
Sri Lanka c.Bank Raises Rates, Targets Inflation Despite Contraction In Economy
Sri Lanka’s central bank raised key interest rates to the highest in two decades to bring down record inflation; despite…
Logistics Firm Declares Profit Growth Of 87%
Red Star Express Plc has declared N413.9m as its group profit before tax for the year ended March 31, 2022.…
Hungary’s Retail Sales Rise By 11.1% In May
Hungary’s calendar-adjusted retail sales rose by an annual 11.1% in May following a revised 15.7% increase in April, driven by…
Greek April Retail Sales Rise 10%, Led By Apparel
Greek retail sales by volume rose 10% in April compared to the same month a year earlier after a 12.3%…