Business Banks refund N7.05bn, $714,569 to customers – CBN Oct 16, 2024 0 The Central Bank of Nigeria (CBN) has announced that, through its intervention, Nigerian banks refunded!-->…
Business High petrol price pushes inflation to 32.70% – Report Oct 16, 2024 0 Nigeria’s headline inflation rate rose to 32.7% in September 2024, marking a marginal increase of 0.55% from!-->…
Business European Stocks Gain Amid Wall Street Momentum Jan 11, 2024 0 European stock markets rose on Thursday, influenced by positive developments on Wall Street and ahead of the!-->…
Business U.S. Dollar Steady Ahead of Crucial Inflation Data Jan 11, 2024 0 The U.S. dollar maintained its strength in early European trade, holding onto most of its gains from the beginning!-->…
Business Bitcoin Holds Steady After U.S. SEC Approves ETFs Jan 11, 2024 0 Bitcoin maintained its position on Thursday near its highest level since March 2022 following the landmark!-->…
Business Oil Prices Rise Amid Middle East Tensions and Supply Concerns Jan 11, 2024 0 Oil prices climbed on Thursday following reports of an oil tanker being boarded by an armed group in Oman, raising!-->…
Business European Shares Rise with Focus on U.S. Inflation Data Jan 11, 2024 0 European shares advanced on Thursday, with the pan-European STOXX 600 gaining 0.5% by 0921 GMT. The upward!-->…
Business Global Trade Faces Setback Amid Red Sea Attacks Jan 11, 2024 0 Global trade experienced a 1.3% decline from November to December 2023, according to a report from the German!-->…
Business EU Court Adviser: Google, Amazon, Airbnb Exempt from Italian Rule Jan 11, 2024 0 An adviser to the European Union's top court has recommended that Alphabet's Google, Amazon, and Airbnb are not!-->…
Stock U.S. Stock Futures Retreat, Boeing Faces New Woes, Nvidia Hits Record High Jan 9, 2024 0 U.S. stock futures are poised for a potential pullback after Monday's rally, influenced by gains in chip designer!-->…
Business U.S. Dollar Rebounds, Euro Falters on Weak German Data Jan 9, 2024 0 The U.S. dollar makes a comeback in early European trade, reclaiming ground lost after slipping from its!-->…
Stock Citi Downgrades Netflix, Cites “Lofty Expectations” Jan 9, 2024 0 Citi strategists downgrade Netflix (NFLX) from Buy to Neutral, leading to a 2% pre-market decline. The rationale!-->…
Business Global Markets Hold Gains, Eyes on CPI Data and Rate Cut Expectations Jan 9, 2024 0 Global markets maintained their gains on Tuesday following a tech-led rally on Wall Street and lower oil prices.!-->…
Business Global X Optimistic about Brazil’s Economic Prospects, Sees Investment… Jan 9, 2024 0 Global X, a leading exchange-traded funds (ETF) provider with assets of around $48 billion worldwide, expresses!-->…
Business European Equities Slip Amid Losses in Tech and Financial Stocks Jan 9, 2024 0 European equities experienced a decline on Tuesday, primarily driven by losses in technology and financial stocks.!-->…
Business Dollar Rally Paused as U.S. Inflation Expectations Decline Jan 9, 2024 0 The U.S. dollar rally faced a pause on Tuesday as a decline in U.S. consumer inflation expectations influenced!-->…
Europe Mixed Start for European Stock Markets as Investors Await Key Inflation Data Jan 8, 2024 0 European stock markets began the week with mixed trading, reflecting subdued risk appetite among investors. The!-->…
Business Gold Prices Extend Decline Amid Strong U.S. Labor Data, Focus Shifts to CPI Jan 8, 2024 0 Gold prices continued their descent in Asian trade on Monday, following losses from the previous session. The!-->…
Technology Boeing Shares Plunge in Frankfurt as FAA Orders Grounding of 737 MAX 9 Jets Jan 8, 2024 0 Boeing faced a significant setback in the stock market as its shares listed in Frankfurt plummeted by up to 8%!-->…
Business Japan Urges Swift MOU Signing for Sri Lanka’s Debt Restructuring Amidst… Jan 8, 2024 0 Japan has reiterated the urgency of promptly finalizing the signing of a Memorandum of Understanding (MoU) between!-->…
Health U.S. Healthcare Sector Shows Signs of Revival Amidst Cheap Valuations and Investor… Jan 8, 2024 0 The U.S. healthcare sector is experiencing a resurgence, marked by a 6% climb in the S&P 500 healthcare sector!-->…
Business Dollar Gains Ground as Market Awaits U.S. Inflation Report Jan 8, 2024 0 The U.S. dollar experienced a broad uptick on Monday, reflecting subdued risk appetite as investors awaited a!-->…
Business Nvidia Plans Mass Production of AI Chip for China, Complying with U.S. Export… Jan 8, 2024 0 U.S. chipmaker Nvidia is set to commence mass production in the second quarter of 2024 for an artificial!-->…
Business Geopolitical Tensions, OPEC Output, and Saudi Price Cuts: Impact on Global Oil… Jan 8, 2024 0 Recent developments in the global oil market have been marked by a complex interplay of factors, including!-->…
Business EAIF Pledges $30 Million Investment to AXIAN Energy’s Ambitious Renewable… Jan 8, 2024 0 The Emerging Africa Infrastructure Fund (EAIF), a member of the Private Infrastructure Development Group (PIDG),!-->…
Business IFC Boosts Cabo Verde’s Tourism Sector with €35.5 Million Financing for… Jan 8, 2024 0 The International Finance Corporation (IFC) has unveiled a comprehensive financing package of up to €35.5 million!-->…
Business IFC Partners with Facility for Energy Inclusion Fund to Drive Clean Energy Access… Jan 8, 2024 0 On December 22, 2023, the International Finance Corporation (IFC) announced a significant financing collaboration!-->…
Business African Development Bank Leads USD 117 Million Financing for Menengai Geothermal… Jan 8, 2024 0 Financial close has been achieved for a USD 117 million financing deal, led by the African Development Bank (AfDB)!-->…
Business Renergen’s Helium Discovery in South Africa Unveils Billion-Dollar Potential Jan 8, 2024 0 South African startup Renergen made an unexpected discovery of abnormally high concentrations of helium in grassy!-->…
Business India and Nepal Officially Agree on 10,000 Megawatts Electricity Export Deal Jan 8, 2024 0 India and Nepal have formalized a significant agreement for the export of 10,000 megawatts of electricity from!-->…