Business Global Stock Markets Slip as Rate Cut Hopes Fade Jan 3, 2024 0 Global stock markets continued their decline into the new year, with the MSCI's broad index of world equities!-->…
Business S&P, Nasdaq Start 2024 on a Lower Note as Tech Giants Struggle Jan 3, 2024 0 The first trading session of 2024 witnessed a downturn in the S&P 500 and Nasdaq Composite, driven by a!-->…
Technology Hyundai and Kia Project 2% Sales Growth in 2024 Despite 2023 Challenges Jan 3, 2024 0 South Korean automakers Hyundai Motor and Kia Corp anticipate a modest 2% increase in their combined global sales!-->…
Business Global Funds Accelerate China Equity Sell-Off in December, Marking Worst Month of… Jan 3, 2024 0 Global long-only funds rapidly divested from China equities in December 2023, recording the highest monthly!-->…
Maritime Global Shipping Giants Redirect Routes Amid Rising Red Sea Tensions Jan 3, 2024 0 In a recent turn of events, major shipping companies, including Denmark's Maersk and Germany's Hapag-Lloyd, are!-->…
Business Navigating 2024: Investors Brace for Economic Shifts” Jan 3, 2024 0 As we step into 2024, global investors are anticipating a significant shift in the economic landscape, marked by!-->…
Market Global Markets Extend Slide as Rate Cut Hopes Diminish Jan 3, 2024 0 Global stock markets faced a continued decline at the start of 2024, with investor optimism regarding early U.S.!-->…
Business China’s Major Banks Heighten Scrutiny and Restrict Interbank Lending Amid… Jan 3, 2024 0 In response to the deepening property debt crisis in China, major banks in the country are intensifying their!-->…
Technology Russian Bailiffs Remove Debts of Tech Giants Google, Meta, and TikTok – Resolving… Jan 3, 2024 0 In a recent development, Alphabet's Google, Meta, and TikTok have seemingly resolved legal issues in Russia as!-->…
Business Futures Dip as Investors Anticipate Fed Minutes, Tesla’s China-made EV Sales… Jan 3, 2024 0 U.S. stock futures are trending lower as investors react to the Federal Reserve's upcoming release of minutes!-->…
Business Changes in U.S. Electric Vehicle (EV) Tax Credits Impact Multiple Models Jan 2, 2024 0 The landscape of electric vehicle (EV) tax credits in the United States underwent a significant shift as new!-->…
Business Euro Zone Likely Entered Recession in 2023 as Factory Activity Contracts Jan 2, 2024 0 Euro zone factories concluded 2023 with a contraction in activity for the 18th consecutive month, signaling a!-->…
Technology Climate Tech: A Beacon of Job Opportunities in 2024 Jan 2, 2024 0 The year 2023 witnessed a wave of layoffs across the tech sector, leaving over 240,000 professionals jobless.!-->…
Local Nigerian Stock Market Projections for 2024: A Gradual Yet Promising Rally Jan 2, 2024 0 The Nigerian stock market, which experienced a remarkable 45.90% return in 2023, is poised for continued growth!-->…
Crypto Bitcoin Starts 2024 on a High, Surging Past $45,000 Amid ETF Optimism Jan 2, 2024 0 Bitcoin, the world's largest cryptocurrency, has begun the year 2024 with a remarkable surge, surpassing $45,000!-->…
Local Nigeria’s Finance Minister, Wale Edun, Outlines Strategy to Reduce Reliance… Jan 2, 2024 0 The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has unveiled the government's!-->…
Local Naira Remains Near Lows on P2P Market as Dollar Inflows Remain Weak Jan 2, 2024 0 The Nigerian Naira is struggling to gain strength against the US Dollar, particularly on the Peer-to-Peer (P2P)!-->…
Local Nigeria to Launch Passport Application Automation, Review Immigration Policy Jan 2, 2024 0 The Minister of Interior, Olubunmi Tunji-Ojo, has announced the commencement of the passport application!-->…
Business Proparco and 27four Invest R550 Million in Divercity to Expand Affordable Housing… Jan 2, 2024 0 Proparco, in collaboration with South African investment manager 27four, has led a R550 million investment in!-->…
Business Saudi Arabia’s Center3 Acquires CMC Networks for Regional Growth Jan 2, 2024 0 Center3, a wholly owned subsidiary of Saudi Arabia's stc Group, has finalized an agreement to acquire CMC!-->…
Business Swedfund Invests USD 32 Million in Apis Growth Markets Fund III to Drive… Jan 2, 2024 0 Swedfund, Sweden's development finance institution, has invested USD 32 million in Apis Growth Markets Fund III.!-->…
Business Ampersand Raises USD 19.5 Million for Electric Motorcycle Expansion in Africa Jan 2, 2024 0 Ampersand, Africa's pioneer in electric transport energy, has successfully raised $19.5 million in a funding!-->…
Local IFC Invests $50 Million in EMIF II Fund to Address Infrastructure Gaps in Asia and… Jan 2, 2024 0 The International Finance Corporation (IFC), a member of the World Bank Group, has committed a $50 million equity!-->…
Local 2023, A Challenging Year for Businesses- Expert Dec 29, 2023 0 During an interview with Daily Trust, Adewale-Smatt Oyerinde, the Director General of the Nigeria Employers’!-->…
Local NIMASA Urges Shipowners to Unite for Accessing $360 Million Fund Dec 29, 2023 0 The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Bashir Jamoh, has!-->…
Local Cement Prices to Drop at N3500 in 2024- BUA Chairman Dec 29, 2023 0 BUA Chairman Abdul-Samad Rabiu recently reaffirmed his commitment to selling a bag of cement at N3500 in 2024, as!-->…
Local Impact of Naira Devaluation: Winners and Losers Among Nigerian Companies Dec 29, 2023 0 The liberalization of Nigeria's foreign exchange regime in 2023, resulting in a significant devaluation of the!-->…
Local Naira Hits Low Against Dollar: Implications for the Nigerian Economy Dec 29, 2023 0 The Naira reached a historic low of N1,043.09 per dollar on Wednesday due to robust demand for the greenback!-->…
Local Demand Amid UK’s Cost of Living Dec 29, 2023 0 Dame Clare Moriarty, CEO of Citizens Advice, emphasized the worsening situation in UK as many individuals demand!-->…
Local Rail Fares to Rise by 4.9% in England Dec 29, 2023 0 Rail fares in England are set to rise by 4.9% in March, following the government's decision to tackle the planned!-->…