Atiku Proposes $10 Billion Economic Stimulus Fund To Support Agriculture, Manufacturing And MSMEs- Nigeria.
Atiku Abubakar, the presidential candidate for the Peoples Democratic Party, has stated that within the first 100 days in office;…
Day: July 27, 2022
Nigeria Has The Second Largest Market For Cryptocurrencies In Africa In 2022- Bitget Report.
A new cryptocurrency market report titled, “What Does the Future Hold for Crypto Exchanges,” has revealed that; in terms of the cryptocurrency…
Naira To Dollar Exchange Rate Falls To N685/$1 At Peer-To-Peer (P2P) Forex Market.
The exchange rate between the naira and the US dollar has fallen to a record low at N685.5/$1 at the…
Crude Oil Prices At $100 Per Barrel Amid Declining United States Oil Stockpiles.
Oil prices remained stable as fears over weakening demand outweighed news from the industry; that revealed a larger-than-anticipated reduction in…
FG Shuts Oil Firm Over Illegal Offshore Operations- Nigeria.
THE Federal Government has shut down Scorpion Oil Services for carrying out offshore operations without approval and also violating the…
Russia-Made Goods Replacing Imports On The Country’s Shelves, Nielsen Says.
Russia-made products accounted for 83% of the country’s market for common consumer goods in the first half of 2022, up…
Russia Fines Google $34 Mln For Breaching Competition Rules.
Russia’s competition watchdog fined Alphabet’s Google (GOOGL.O) 2 billion roubles ($34.2 million); for abusing its dominant position in the video hosting market,…
Central African Republic’s Digital Coin Finds Few Buyers.
The sale of Central African Republic’s first digital coin got off to a slow start; with just over 5% of…
Indonesia Says Mitsubishi Motors To Invest About $667 Million Over Next Three Years.
Mitsubishi Motors Corp (7211.T) plans to invest about 10 trillion rupiah ($666.89 million) in Indonesia. This will be between 2022 and 2025,…
Remy Confident After China Sales Rebound In June.
Remy Cointreau (RCOP.PA) said it was confident over prospects for its current financial year. This was after first-quarter sales beat expectations and…
U.S. Retailers Tumble After Walmart Cuts Profit Forecast.
A profit warning by Walmart (WMT.N) ignited a sell-off in shares of major U.S. retailers late, quickly evaporating over $100 billion in…