Oil companies in Texas restoring operations following hurricane Beryl
Oil and gas companies in Texas are restarting operations after Hurricane Beryl hit the state with 80-mph winds, causing property…
Day: July 9, 2024
Megacaps, chip stocks lift futures before Powell testimony
U.S. stock index futures rose on Tuesday, driven by gains in megacap technology and semiconductor stocks. This continues Monday’s rally,…
Disney to add new ship in Tokyo to expanding cruise business
Walt Disney (DIS.N) announced plans to launch a new cruise ship from Tokyo in fiscal 2028, adding a ninth vessel…
How a Trump election victory could ruffle Latin American markets
Investors are preparing for various scenarios in case former President Donald Trump wins back the White House in November, with…
DBS CEO says bank hunting for bolt-on deals, not game-changing ones
Asia’s wealthy and their bankers are optimistic about a recovery in China, betting that exposure to the region, even amidst…
Crypto market turns green, downside risk remains high
The crypto industry is experiencing turbulence due to Bitcoin sales in Germany and concerns over significant liquidations by Mt. Gox…
Australia increases minimum wage to $915 per week for lowest paid workers
Australia’s Fair Work Commission has raised the minimum wage to $915.90 per week, effective from July 1, 2024. This follows…
Access Holdings Launches N351 Billion Rights Issue
Access Holdings Plc, a top financial services group in Africa, has begun a N351 billion Rights Issue to enhance its…
Nigerian Content Creators Eye Facebook’s N150,000 Per 10,000 Views
Starting July 1, 2024, Nigerian social media creators on Meta platforms like Facebook will earn up to N150,000 for every…
World Bank Appoints Dr. Ndiamé Diop as New Country Director for Nigeria
The World Bank has appointed Dr. Ndiamé Diop as the new Country Director for Nigeria, succeeding Shubham Chaudhuri. Dr. Diop…
UBA’s GMD appointed Chairman, CIBN Body of Banks’ CEOs
Oliver Alawuba, Group Managing Director and CEO of United Bank for Africa (UBA) Plc, has been appointed Chairman of the…
Zenith Bank Wins Best Commercial Bank and Best Corporate Governance Awards for 2024
Zenith Bank Plc has been named the Best Commercial Bank in Nigeria for the fourth consecutive year in the World…
GTCO To Raise N400.5bn Through Public Offer
Guaranty Trust Holding Company (GTCO) Plc is set to raise N400 billion in fresh capital as part of the Central…
CBN to auction N166bn T-bills as US, India await inflation data
July 10: OPEC Report and Nigerian Oil Output Decline The Organisation of the Petroleum Exporting Countries (OPEC) will release its…
Wema Bank Launches CoopHub to Empower Cooperative Societies
Wema Bank has launched CoopHub, a digital solution designed to empower cooperative societies, during the International Day of Cooperatives. The…