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,…