Real Time Financial News Website
Joseph Boahen Aidoo, CEO of the Ghana Cocoa Board (COCOBOD), affirmed the organization’s dedication to offering cocoa farmers competitive prices as a strategy to address cocoa smuggling. Speaking before the…
Terry Gou, the billionaire founder of Foxconn, made a high-profile appearance at the company’s 50th anniversary celebration, marking his first public appearance in months since ending his bid for Taiwan’s…
India’s market regulator has uncovered a preliminary finding suggesting that 20 billion rupees ($240 million) has been diverted from Zee Entertainment Enterprises’ books, prompting questioning of Zee Group founders. The…
BT Group has agreed to sell London’s iconic BT Tower to MCR Hotels for £275 million ($347 million), paving the way for the landmark to be converted into a hotel.…
John Dramani Mahama, the flag bearer of the National Democratic Congress (NDC), unveiled his plan for a 24-hour economy initiative aimed at facilitating businesses to operate three shifts per day.…
Rio Tinto disclosed a 12% decrease in annual earnings on Wednesday, amounting to $11.8 billion for 2023, down from $13.4 billion the previous year. The decline, attributed mostly to lower…
The Nikkei’s surge towards a record high symbolizes Japanese stocks’ resurgence in global portfolios, marking a significant turnaround after decades of stagnation. With the Nikkei up 50% in just over…
President Bola Tinubu announced plans to secure $10 billion to bolster foreign exchange liquidity, stabilize the naira, and foster economic growth. Speaking at the public wealth management conference in Abuja…
The Nigeria Customs Service announced plans to directly distribute seized food items to Nigerians as a response to the country’s food security challenges and the skyrocketing prices of essential food…
President Bola Tinubu has appointed Hafsat Bakari as the Chief Executive Officer (CEO) of the Nigerian Financial Intelligence Unit (NFIU). The announcement was made by Ajuri Ngelale, the presidential spokesperson,…
Arc. Musa Dangiwa, the Minister of Housing and Urban Development, voiced concerns over cement manufacturers exploiting fluctuating foreign exchange rates to substantially hike cement prices, exacerbating Nigeria’s economic challenges. The…
The Nigerian Association of Road Transport Owners (NARTO) has decided to halt its plans for a nationwide strike and instructed its members to resume operations immediately. This decision follows a…
In response to the escalating hunger crisis in Nigeria, the Nigerian Red Cross Society (NRCS) has escalated its efforts to assist vulnerable families across affected states. Already, approximately 5,000 households…
The commissioning of the 181-megawatt Geometric Power plant in Aba, Abia State, originally slated for February 24, has been rescheduled to February 26, 2024. The announcement came from the company’s…
Hans Essaadi, the Chief Executive Officer of Nigerian Breweries Plc, voiced concerns about the deteriorating economic conditions in Nigeria, stating that citizens are finding it increasingly difficult to afford beer.…
In line with international standards and best practices, the Nigerian federal government has introduced 30-second biometric clearance gates at all international airports nationwide, managed by the Nigeria Immigration Service (NIS).…
The Abuja Electricity Distribution Company (AEDC) has revealed that a total of 86 ministries, agencies, and departments of the government collectively owe the company a staggering sum of N47 billion.…
The Nigerian naira continued its downward trajectory against the United States dollar on Monday, causing distress among citizens as both the official and parallel foreign exchange markets witnessed significant depreciation.…
Wema Bank has joined forces with the National Youth Service Corps (NYSC) to introduce the NYSC-ALAT Accelerator Programme, unveiled during the signing of a Memorandum of Understanding ceremony in Abuja.…
Seventeen Pension Fund Administrators (PFAs) in Nigeria achieved an average return of 2.81% in January 2024, marking positive returns across the four retirement savings accounts tracked by Nairalytics, the research…
Residents of Ibadan, Oyo State, took to the streets on Monday to express their grievances regarding the economic challenges prevailing in the nation. Originating from the Mokola area of Ibadan,…
In a recent meeting with Hungarian Prime Minister Viktor Orban, China extended its support to Hungary on public security matters, surpassing their traditional trade and investment ties. This move comes…
Yulia Navalnaya, widow of Alexei Navalny, a vocal opponent of Russian President Vladimir Putin who tragically passed away in an Arctic prison, will participate in discussions with EU foreign ministers…
In a bid to resolve tensions with protesting farmers, India has announced guaranteed support prices for pulses, corn, and cotton, according to Trade Minister Piyush Goyal. The move comes after…
Global mining giant Rio Tinto, previously embroiled in controversy for destroying an ancient Indigenous site in Australia in 2020, now encounters fresh scrutiny from investors and lenders regarding its water…
Despite recent fluctuations, Super Micro Computer Inc (SMCI.O) confronts diverse analyst sentiments as reflected in the latest data from LSEG. The median price target for the stock stands at $635.29,…
In a diplomatic move, Japan welcomed Ukrainian Prime Minister Denys Shmyhal in Tokyo on Monday to discuss Ukraine’s reconstruction efforts amidst the ongoing conflict. Prime Minister Fumio Kishida affirmed Japan’s…
Despite high expectations, China’s market comeback post-holiday has been rather subdued, with stocks showing only modest gains thus far. While tourism revenues surged by 47% during the Lunar New Year…
Wednesday’s earnings report from chipmaker Nvidia (.NVDA) is anticipated to serve as a critical assessment for one of the market’s leading names, especially amidst the fervor surrounding artificial intelligence (AI)…
The House of Representatives Committee on Ports and Harbours, led by Chairman Nnolim Nnaji, has called upon the Federal Government to take immediate action in reconstructing key ports across the…