Finance China Tightens Rules On $1.3 Trln Credit Card Business Jul 8, 2022 0 China unveiled tighter rules to better regulate its $1.3 trillion credit card industry; further urging lenders to!-->…
Local Concerns As 121 Firms Delisted From Nigeria’s Stock Exchange In 20 Years Jul 7, 2022 0 According to data got from the Exchange; they has delisted 121 quoted companies from the official list of Nigerian!-->…
Finance FG Approves N22.45bn For Petroleum, Environment Ministries- Nigeria. Jul 7, 2022 0 The Federal Government, approved of N22.45bn for projects in the Ministries of Petroleum Resources and!-->…
Africa Kenyan Court Freezes Accounts Belonging To Flutterwave, Others Over Alleged Money… Jul 7, 2022 0 A Kenyan High Court has seized Sh7 Billion ($59 million), from 56 accounts belonging to fintechs including!-->…
Crypto Bitcoin Above $20K For Third Day In A Row As Avalanche Posts Decent Gains. Jul 7, 2022 0 The price of the most valuable crypto by market value was around $20.5K, as it stayed above the key support level!-->…
Local Senate Vows To Support AMCON’s Debt Recovery Drive Jul 7, 2022 0 The Chairman Senate Committee on Banking, Insurance and other Financial Institutions, Senator Uba Sani; has!-->…
Trade Bears Maintain Dominance In The Stock Market As Valuation Dips By N16 Billion. Jul 7, 2022 0 The NGX closed on a negative note amidst sell-offs and buy-interests as the benchmark All-Share Index (ASI)!-->…
Finance Merck In Advanced Talks To Buy Seagen In Nearly $40-Billion Deal – WSJ Jul 7, 2022 0 Drugmaker Merck & Co is in advanced talks to buy cancer-focused biotech company Seagen Inc in a deal; that!-->…
Finance Brent Falls Below $100 For The First Time Since April 2022. Jul 7, 2022 0 The price of the global benchmark has fallen to a level not traded in 12 weeks. As a result of volatile trade at!-->…
World Rihanna Breaks Records To Become The Youngest Self-Made Billionaire At $1.7… Jul 7, 2022 0 Musician turned business mogul, Rihanna has just become America’s youngest self-made billionaire with $1.7!-->…
World UK House Prices Surge By 13%, Most Since 2004, Halifax Says Jul 7, 2022 0 House prices in Britain rose by the most since 2004 in the 12 months; leaping by 13% as better-off households!-->…
Technology Tesla Sold 78,000 China-Made Vehicles, Up 142% Jul 7, 2022 0 U.S. electric vehicle maker Tesla Inc (TSLA.O) sold around 78,000 China-made vehicles; preliminary estimates!-->…
Finance Credit Suisse Names New Head Of Swiss Private Banking. Jul 7, 2022 0 Credit Suisse (CSGN.S) said it was naming Roger Suter its new head of private banking in Switzerland. Succeeding!-->…
Finance Sri Lanka c.Bank Raises Rates, Targets Inflation Despite Contraction In Economy Jul 7, 2022 0 Sri Lanka's central bank raised key interest rates to the highest in two decades to bring down record inflation;!-->…
Local Logistics Firm Declares Profit Growth Of 87% Jul 7, 2022 0 Red Star Express Plc has declared N413.9m as its group profit before tax for the year ended March 31, 2022. This!-->…
World Hungary’s Retail Sales Rise By 11.1% In May Jul 7, 2022 0 Hungary's calendar-adjusted retail sales rose by an annual 11.1% in May following a revised 15.7% increase in!-->…
World Greek April Retail Sales Rise 10%, Led By Apparel Jul 7, 2022 0 Greek retail sales by volume rose 10% in April compared to the same month a year earlier after a 12.3% rise in!-->…
Local 20 Directors Jostle To Replace Fired AGF Jul 6, 2022 0 The Federal Government has issued a circular to appoint a new and substantive Accountant-General of the!-->…
Local Nigeria’s Central Bank Says Both Merchant And Consumer Can Now Present QR Codes… Jul 6, 2022 0 The Central Bank of Nigeria has announced a significant adjustment to the Quick Response (QR) Code Framework.!-->…
Local Debt, Inflation, Forex killing Economy, LCCI Warns FG- Nigeria. Jul 6, 2022 0 The Lagos Chamber of Commerce and Industry has warned the Federal Government to find urgent solutions to the!-->…
Energy Oil Firms Not Drilling Except NNPC, Says Kyari- Nigeria. Jul 6, 2022 0 The Group Managing Director, Nigerian National Petroleum Company Limited, Mele Kyari, announced that the decline!-->…
Local Fidelity Bank Takes Over Three Discos, FG Intervenes- Nigeria. Jul 6, 2022 0 The Federal Government announced the takeover of Kano, Benin and Kaduna electricity distribution companies by!-->…
Local Solid Minerals Imports Rise By 74% In 12 Months Jul 6, 2022 0 Recently, the value of solid minerals imports rose by 74.39% from N23.56bn in the first quarter of 2021 to!-->…
Energy Nigeria’s 26 Power Plants’ Capacity Drops By 70% Jul 6, 2022 0 There has been a drop in the combined generation capacity of Nigeria’s 26 power plants by 70%.A breakdown of the!-->…
Local Oil Prices Bounce Back From Tuesday Tumble As Supply Concerns Return Jul 6, 2022 0 Oil prices rose as much as nearly 3% before paring some gains as investors piled back into the market after a!-->…
World Dollar Reigns As Investors Fear Recession Pain Jul 6, 2022 0 Asian stocks fell and the dollar stood by a two-decade high on the euro as investors' fears deepened that the!-->…
World Exxon Profit Set To Soar Again; White House Wants More Oil Jul 6, 2022 0 Wall Street analysts sharply increased their Exxon Mobil Corp second-quarter profit estimates; after the largest!-->…
Local Oil Tumbles 9% On Recession Demand Destruction Fears Jul 6, 2022 0 Oil plummeted about 9% in the biggest daily drop since March on growing fears of a global recession and lockdowns!-->…
World U.S. Exchanges Win Court Appeal On SEC Market Data Order. Jul 6, 2022 0 A U.S. appeals court struck down an order by the Securities and Exchange Commission that would have allowed some!-->…
World Bridgewater’s Flagship Fund Posts Gains Of 32% Through June Jul 6, 2022 0 Hedge fund manager Bridgewater Associates' flagship Pure Alpha 18% volatility fund gained 32.2% in the first half!-->…