German gas storage progress better than expected.
Germany is making better progress than expected in filling its gas storage facilities; but it’s not enough to get the…
Day: August 29, 2022
Elon Musk: Aims To Have Self-Driving Teslas Ready By Year-End In The U.S.
Tesla (TSLA.O) founder Elon Musk said he aimed to get self-driving Teslas ready by year-end; and hopes they could be in wide…
Gas Prices To Fall Soon As Germany Hits Storage Targets.
German Economy Minister Robert Habeck expects gas prices to fall soon as Germany is making progress on its storage targets;…
Bitcoin Dips Below $20,000.
Bitcoin dipped below $20,000, continuing a drop that has taken it down nearly 60% from its year high. Bitcoin ,…
Ericsson To Wind Down Business Activities In Russia
Ericsson (ERICb. ST) said it will gradually wind down business activities in Russia; as the Swedish telecoms equipment maker completes its obligations…
Firms Buy Sh9.5bn Safaricom Stake.
Local institutional investors have acquired shares worth Sh9.5 billion in Safaricom following the exit of domestic shareholders and foreigners; reversing…
Russia Says It Shot Down Ukrainian Drone.
Russia’s defence ministry said Russian forces shot down a Ukrainian drone; which was trying to attack the Zaporizhzhia nuclear plant,…
Finnair Partners With Qatar Airways In Search Of New Routes.
Finnair (FIA1S. HE) will establish a strategic partnership with Qatar Airways; to open up new routes from Nordic capitals to the Qatari…
Nigeria’s N20.4 trillion Imports In 2021 Not Enough To Lift Economy – Economists.
Despite the hues and cries about Nigeria being an import-dependent economy over the years, and importing goods worth over N20…
Dollar Scarcity: Manufacturer’s Panic.
Fear of a dollar shortage has driven manufacturers to front-load their inventory requirements. Therefore, creating the illusion of economic growth…
The World Still Needs Oil And Gas – Elon Musk.
The world must continue to extract oil and gas in order to sustain civilisation, while continuing to also develop sustainable…
Nigerians Drink Beer Worth N599.11 Billion In 6 Months.
Nigerians drink beer worth N599.11 billion in six months running from January t0 June 2022, according to the first quarter…
Bitcoin Drops To Lowest Level, Crypto Market Loses $70 Billion.
As a result of Federal Reserve Chair, Jerome Powell’s comments that the U.S. central bank may continue hiking interest rate;…
SWOOTs Capitalization Up By N254 Billion.
The combined market capitalization of stocks worth over one trillion (SWOOTs) appreciated by 1.30% to close at N19.75 trillion from…
NFT Market Fails To Hit $1 Billion In Trades For The First Time Since June 2021.
The NFT market in the last 4 months, has been on a bearish trend as many have suggested that the…