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Business

Pound Hits 3-Week Low Vs Dollar As Risk Appetite Weakens

Aug 17, 2021 0
Britain’s pound hits its lowest level in three weeks against the dollar on Tuesday as weakening risk sentiment…
Business

Govt To Borrow N5.62trn For 2022 Budget Deficit

Aug 17, 2021 0
The federal government has submitted a proposal to borrow N5.62 trillion to finance the budget deficit in the 2022…
Business

Labour Seeks Special Allocation Of Forex To Manufacturers

Aug 17, 2021 0
Organised Labour has pleaded with the Federal Government to devise a special arrangement to ensure that foreign…
Business

2022 Budget: FG Crashes Capital Expenditure, Despite Higher Earnings

Aug 17, 2021 0
The Federal Government’s fiscal operations in 2022 is set for contraction, despite higher oil earnings…
Business

Oil Rises On Bargain-Hunting, Expectations That OPEC+ Will Not Boost Supply Soon

Aug 17, 2021 0
Oil prices rose on Tuesday, recovering from the previous day’s losses, as investors sought bargains and on…
Business

Nigerian Equities Beat Global Stocks With N371b Gain

Aug 17, 2021 0
Nigerian equities closed weekend upbeat ahead of other major global stock markets with increased demand for…
Business

Flee From Investments With Unrealistic Returns—SEC Warns Nigerians

Aug 17, 2021 0
For the umpteenth time, Nigerians have been warned to flee from investments that promise to offer them unrealistic…
Business

India’s July Palm Oil Imports Plunge 43%, Says Trade Body

Aug 17, 2021 0
India's July palm oil imports plunged 43% from a year earlier to their lowest in five months, a leading trade body…
Business

Tesla Expands Legal, External Relations Workforce In China

Aug 17, 2021 0
Tesla Inc (TSLA.O) is hiring managers for legal and external relations teams in China, according to a job post on…
Business

EV Startups Hunt For Low-Cost Roads To Mass Production

Aug 17, 2021 0
 Electric car and van startups racing to become the next Tesla Inc (TSLA.O) all want to avoid Elon Musk's journey…
Business

Home Depot’s U.S. Sales Slow As DIY Frenzy Tapers Off

Aug 17, 2021 0
Home Depot Inc (HD.N) on Tuesday fell short of U.S. same-store sales estimates for the first time in nearly two…
Business

Walmart Raises Forecast As People Return To Stores; Online Sales Slow

Aug 17, 2021 0
 Walmart Inc (WMT.N)increased its annual U.S. same-store sales forecast after beating analysts' estimates on…
Business

Automobile Shortages Weigh On U.S. Retail Sales

Aug 17, 2021 0
U.S. retail sales fell more than expected in July as shortages weighed on purchases of motor vehicles, suggesting a…
Africa

ECOWAS Fixes January 2025 Deadline For Adoption Of Cleaner Fuels

Aug 17, 2021 0
Member countries of the Economic Community of West African States (ECOWAS) have set a January 2025 deadline for the…
Business

Economic Outlook Getting Better, Adedipe, Others Claim

Aug 17, 2021 0
Chief Consultant of B. Adedipe Associates Limited, Dr. Biodun Adedipe and Director, Monetary Policy Department of…
Business

Forex Scarcity, Others Put Pressure On FMCG Companies’ Profits

Aug 17, 2021 0
Analysts have identified scarcity of foreign exchange, inflationary pressures and rising input costs due to naira…
Trade

Equities Market Declines By N9bn On Profit-Taking In Banking, Oil & Gas…

Aug 17, 2021 0
Trading on the Nigerian equities market yesterday started the week marginally lower, as investors profit-taking in…
Market

Again, SEC Warns Against Patronage Of Ponzi Schemes

Aug 17, 2021 0
The Securities and Exchange Commission (SEC) has once again, bemoaned the proliferation of fraudulent investment…
Technology

T-Mobile Says It Found Unauthorized Access To Data

Aug 17, 2021 0
T-Mobile US Inc (TMUS.O) on Monday acknowledged a data breach but said it was yet to find if any customer…
Technology

Beijing Takes Stake, Board Seat In ByteDance’s Key China Entity – The…

Aug 17, 2021 0
The Chinese government has taken a stake and a board seat in TikTok owner ByteDance's key Chinese entity, Beijing…
Technology

Roblox Bookings Miss Wall St Target As Easing Curbs Hurt Online Games

Aug 17, 2021 0
Roblox Corp's (RBLX.N) quarterly bookings missed market expectations on Monday, as easing restrictions slowed the…
Technology

Analysis: Decentralised Finance: Latest Front In Crypto’s Hacking Problem

Aug 17, 2021 0
For most of the 13-year life of cryptocurrencies, exchanges were the epicentre for cyberheists. Now, a bigger…
Market

Pearson To Pay $1 Mln To Settle Charges It Misled Investors, U.S. SEC Says

Aug 17, 2021 0
 London-based Pearson PLC (PSON.L) will pay $1 million to settle charges it misled investors about a 2018 cyber…
Business

Dollar Steadies After Weak China Data; Fed Minutes Eyed

Aug 17, 2021 0
The dollar held its ground against major peers on Monday as disappointing monthly activity data from China helped…
Business

Ranking The Currencies That Could Unseat The Dollar

Aug 16, 2021 0
This is the second installment in a series on global currencies. The first part details the forces eroding the U.S.…
Business

BOE’s Inflation Alarm Deemed Overly-Cautious By Economists

Aug 16, 2021 0
Bank of England policy makers are being overly-alarmist on their outlook for inflation, economists’s forecasts…
Business

Cardano’s ADA Token Is Now World’s Third-Largest Cryptocurrency

Aug 16, 2021 0
A little-known digital token linked to the Cardano blockchain has just become the third-largest virtual currency in…
Business

China’s Oil Refining Tumbles To 14-Month Low Amid Crackdown

Aug 16, 2021 0
China’s oil refining slumped to the lowest level in 14-months as private processors scaled back operations amid a…
Business

Australian Dollar Down On Weak China Data. Is AUD/USD Ready To Break Out?

Aug 16, 2021 0
The risk-off sentiment from early Monday morning in Asia continued after the release of Chinese data that was lower…
Business

Manufacturers Urge Africa To Tap From AfCFTA

Aug 16, 2021 0
Whitfield, also the president of the Association of African Automotive Manufacturers (AAAM), in a statement,…
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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:…

Apr 7, 2026

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