Futures Steady After Rally With All Eyes On Labor Market Data.
U.S. stock index futures were trading flat on after a rally that made the previous session the best in a…
Day: August 4, 2022
NNPC Sells N147bn Petrol, Diesel In One Month.
The Nigerian National Petroleum Company Limited said it made N147.36bn from the sale of petrol and diesel in October 2021.…
FG Generates N2.5bn Daily From TinCan Port – Nigeria Customs.
The TinCan Island Command of the Nigeria Customs Service has said that the command makes an average of N2.5bn daily.…
Importing What Nigeria Can Produce Threatens Economy – Customs
The Nigeria Customs Service has said that importing what the country can produce is a big threat to the economy.…
Magic Eden, Leading NFT Marketplace In Solana, Is Extending Into Ethereum.
Magic Eden, a unicorn cryptocurrency recently valued at $1.6 billion, is starting its multi-chain growth alongside Ethereum. The business recently…
If Recession Concerns Subside, The Canadian Dollar May Increase.
Analysts expect the Canadian dollar to rally over the coming year, betting the threat of recession will ease as the…
Russia Becomes India’s Third-Largest Coal Supplier In July.
Russia became India’s third-largest coal supplier in July, with imports rising by over a fifth compared with June to a…
Hit By Rising Costs And Supply Snarls, Toyota Profit Tumbles 42%.
Toyota Motor Corp’s (7203.T) profit slumped a worse-than-expected 42% in its first quarter; as the Japanese automaker was squeezed between supply constraints…
Foreigners Cut China Debt, Dump Equities In July – IIF.
Foreign investors continued to cut holdings in Chinese bonds in July and dumped equities for the first time in four…
Italy To Approve $14.5 Billion Package Against Inflation.
Italy plans to approve on Thursday a new aid package worth around 14.3 billion euros ($14.5 billion); to help shield…
Stocks Steady As Markets Bet On Hefty Bank Of England Hike.
Strong earnings at Credit Agricole and Lufthansa lifted stocks as tension over Nancy Pelosi’s visit to Taiwan eased and markets…
How Fake Drugs Threaten Nigeria’s Multi-Billion Pharma Industry.
The National Primary Healthcare Development Agency, NPHDA, said that over 70% of medicines being dispense in Nigeria were substandard. The…
Twitter Queries Banks On Musk’s Attempts To Undermine $44 Bln Deal.
Twitter Inc is attempting to find evidence that Elon Musk tried to torpedo the financing of his $44 billion takeover deal;…
Brazil’s 3R Petroleum Subsidiary Agrees On $500 Mln Loan To Pay For Potiguar Oil Field.
Brazil oil company subsidiary 3R Lux agreed to a $500 million loan to pay for the country’s Potiguar oil field.…