July 29, 2022 - Market News Nigeria

US Slips Into Recession After GDP Contracts By 0.9% In Q2 2022.

The United States of America recorded a 0.9% contraction in its gross domestic product in the second quarter of 2022.…

Exxon Mobil Corp (XOM.N) posted its biggest quarterly profit ever on the back of soaring energy prices; and as it kept a…

Global equity funds witnessed weekly outflows for a fifth week in July on caution ahead of the U.S. Federal Reserve’s…

A rally in oil prices could stall as recession fears and COVID flare-ups in China slow demand and counter supply…

The Nigerian stock market closed negative amidst buy-interests and sell-offs as bears dominated proceedings; weighing down the broad market by…

The price of bitcoin is currently hovering above $24,000, up more than 4% on the day as markets embraced the…

Looks like Ether, the native token of the Ethereum blockchain is leading the end-of-month rally in the cryptocurrency space; as…

The Debt Management Office (DMO) has listed a triple-tranche of $4 billion Eurobonds, $1.25 billion Eurobonds; and N250 billion Sukuk…

German inflation edged up unexpectedly in July after a further reduction in gas flows from Russia prompted concerns of even…

Luxury fashion group Prada beat first-half sales and profit forecasts and said it could reach its mid-term targets earlier than…

Naira has depreciated to a record low at the black market after the local currency closed trading at N718/$1. This…