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Market

France Ready To Market Nigeria Back Home-Ambassador

Aug 27, 2021 0
The France Ambassador to Nigeria, Jerome Pasquire, has said his country is fully committed to not only supporting…
Business

Dollar, Euro, Sterling Await Powell’s Jackson Hole Speech

Aug 27, 2021 0
The dollar, euro and sterling steadied on Friday as investors waited for a highly anticipated speech by Federal…
Business

Oil Sector’s Contribution To Nigeria’s GDP In Q2 2021 Wanes

Aug 27, 2021 0
On Thursday, the National Bureau of Statistics (NBS) said Nigeria’s Gross Domestic Product (GDP) grew by 5.01 per…
Market

PIA To Strengthen Naira, Reduce Budget Deficit-PwC

Aug 27, 2021 0
PwC Nigeria said the 2021 Petroleum Industry Act (PIA) will facilitate Nigeria’s economic development by…
Business

NNPC Declares N287bn After Tax Profit In 2020 – Buhari

Aug 27, 2021 0
President Muhammadu Buhari on Thursday disclosed that the Nigerian National Petroleum Corporation (NNPC), for the…
Business

Pound Hits Over 1-Week High As Powell Comments Knock Dollar

Aug 27, 2021 0
 Britain's pound jumped half a percent to the dollar to more than a week's high on Friday and was set for a 1%…
Business

Keeping Monetary Policy Loose Can Help Labor Reallocation -Paper

Aug 27, 2021 0
Global central banks could do well to keep interest rates low for as long as possible in order to provide the…
Business

South Africa’s Massmart To Dispose 14 Game Stores In Nigeria, Ghana, Others

Aug 27, 2021 0
Massmart is disposing of all its general merchandise Game stores in West and East Africa as the Walmart…
Business

Global Bond Funds Sees Big Inflows – Lipper

Aug 27, 2021 0
Global bond markets saw their fifth consecutive week of inflows through Aug. 25, as investors grew cautious ahead…
Business

Wall Street Rises As Powell Gives No Signal On Taper

Aug 27, 2021 0
Wall Street's main indexes extended gains on Friday as Federal Reserve Chair Jerome Powell signaled the U.S.…
Technology

China Swoops On Algorithms In Latest Tech Clampdown

Aug 27, 2021 0
 China is seeking to tighten oversight of the algorithms technology companies use to drive their business, issuing…
Technology

Tianjin Asks Govt Firms To Move Data Out Of Alibaba, Tencent Clouds-Document

Aug 27, 2021 0
The Chinese city of Tianjin has asked municipally controlled companies to migrate their data from private sector…
Technology

China’s iQiyi Halts ‘Idol Competition’ Programs Amid Criticism

Aug 27, 2021 0
 Chinese video streaming platform iQiyi (IQ.O) said on Thursday it would stop showing all "idol competition"…
Technology

Game Developer Nexters Debuts On Nasdaq With Help Of Kismet

Aug 27, 2021 0
Video game developer Nexters and a Russian special purpose acquisition company (SPAC) Kismet (KSMT.O) have…
Business

Nigeria’s Economy Grows 5% In Q2 2021 — Strongest Since 2014

Aug 26, 2021 0
Nigeria’s gross domestic product (GDP) increased by 5.01 percent in the second quarter of 2021 — strongest growth…
Business

China’s Regulatory Crackdowns Are Already Hurting The Economy

Aug 26, 2021 0
Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. China’s…
World

U.K. Labor Shortage Leaves Consumer Businesses Gloomy, CBI Says

Aug 26, 2021 0
Britain’s consumer-facing companies including bars and restaurants turned pessimistic about the outlook in August…
Business

Oil Rally Ends Amid COVID-19 Concerns, Returning Supply

Aug 26, 2021 0
Oil fell on Thursday for the first session this week as renewed concerns about demand amid rising COVID-19…
Business

CBN To Raise $2bn For Girl Child Education Towards SDG4

Aug 26, 2021 0
The Central Bank of Nigeria CBN, has pledged to raise over $2 billion to increase and improve girl child education…
Business

World Remit Raises $292m, Rebrands As Zepz

Aug 26, 2021 0
Digital Money Transfer firm, World Remit, now Zeps has has announced that it raised $292 million in new primary…
Business

Oil Steadies After Three-Day Rally With U.S. Stockpiles Falling

Aug 26, 2021 0
Oil steadied after the biggest three-day gain since March with falling U.S. crude and fuel stockpiles adding some…
Business

NNPC Pegs 2022 Base Oil Price At $57/Barrel

Aug 26, 2021 0
The Nigerian National Petroleum Corporation on Wednesday provided a base crude oil price scenario in the medium…
Business

Nigeria’s Real GDP Grew By 5.01% YoY In Q2 2021 From 0.51% In Q1 2021

Aug 26, 2021 0
Nigeria's Gross Domestic Product (GDP) grew by 5.01%(year-on-year) in real terms in the second quarter of 2021,…
Business

S&P 500, Nasdaq Notch All-Time Closing Highs Ahead Of Jackson Hole

Aug 25, 2021 0
Wall Street gained ground again on Wednesday, with chipmakers and financials helping to push the S&P 500 and…
Technology

U.S. Near Deal For Nvidia Supercomputer As It Waits For Delayed Intel Machine…

Aug 25, 2021 0
The U.S. Department of Energy is nearing a deal to purchase a supercomputer made with chips from Nvidia Corp …
Technology

EU Extends Deadline On Facebook’s Kustomer Deal To Jan. 7

Aug 25, 2021 0
EU antitrust regulators will decide on Jan. 7 whether to clear Facebook's (FB.O) purchase of U.S. customer service…
Technology

Western Digital In Advanced Talks To Merge With Japan’s Kioxia Holdings…

Aug 25, 2021 0
Western Digital Corp (WDC.O) is in advanced talks for a potential $20 billion stock merger with Japanese…
Technology

Hybrid Work Demand Fuels Salesforce Earnings Forecast

Aug 25, 2021 0
Salesforce.com Inc (CRM.N) on Wednesday signaled the shift to hybrid work would keep demand for its cloud-based…
Technology

Google Brings Samsung 5G Modem Tech To U.S. Market With New Pixel Phone -Sources

Aug 25, 2021 0
 Google will tap Samsung Electronics Co Ltd (005930.KS) to supply the 5G modem for its next flagship Pixel smart…
Business

Nigerian E-Naira Currency Could Be A ‘Game Changer’ But Banks Will…

Aug 25, 2021 0
Nigeria is set to test a central bank digital currency from October, a move that could reshape the country's…
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NIGERIA

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Nigeria Export Trade Struggles: Federal Constraints Undermine ₦128bn State Export Investments

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World

UN Warns Trump Against Iran Strikes as Deadline Nears:…

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