PayPal Registers To Indonesia’s Licensing Rules, Access Unblocked.
U.S. payments firm PayPal (PYPL.O) has registered as an electronic systems operator in Indonesia; and its customers can now access its services,…
Day: August 3, 2022
UBA Appoints New GMD.
United Bank for Africa Plc announced the appointment of Oliver Alawuba as its group managing director; overseeing all the Group’s…
AXA’s Shares Surge As Insurer Unveils Share Buyback And Higher H1 Profits.
French insurer AXA announced a new share buyback programme as it posted a 3% rise in first-half net profit, driving…
JPMorgan, Bank Of America Invest In L’ATTITUDE Ventures’ First Fund
L’ATTITUDE Ventures on Wednesday closed its first institutional fund raising over $100 million with an anchor investment; from Wall Street…
EU Securities Watchdog To Arm Itself With Crypto Data.
The European Union’s securities watchdog has begun preparations for increased scrutiny of crypto transactions; after the bloc agreed groundbreaking rules…
Dollar Dips As Investors Parse Fed Hints On Rate Hikes.
The U.S. dollar edged lower but held on to most of the previous day’s gains, after leaping on Federal Reserve…
India’s Tata Capital Housing Finance To Issue Bonds – Traders.
India’s Tata Capital Housing Finance plans to raise funds through sale of a two-part bond issue, three merchant bankers said.…
Gains From MTN Nigeria, 18 Other Stocks Lift Market Activities To Bullish Stance.
Activities on the Nigerian Exchange Limited (NGX) returned to positive route following gains recorded by blue chip firms. Checks by…
Half Year: Dangote Sugar Posts N29:73 Billion Profit.
Nigeria’s largest sugar refinery, Dangote Sugar Refinery Plc has recorded a profit before tax (PBT) of N29.73 billion; for the…
Naira Falls At I&E Window Despite A 163% Surge In Forex Supply.
Tuesday, 2nd August 2022: The exchange rate between the naira and the US dollar closed at N430.67/$1. Naira closed on a…
Top 5 Cryptocurrencies To Watch In August 2022.
The cryptocurrency space in the month of July 2022, saw it post a bullish performance since March 2022. This comes…
Black Market Speculators Lose Big After Naira Gains N50/$1 In A Few Days.
Since the start of August, the naira has continued to rise while holding onto its gains amid weak buying pressures;…