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Oil Depreciate As Storm-Hit U.S. Supply flow Back Into Market
Oil prices fell on Friday as energy companies in the U.S. Gulf of Mexico restarted production after back-to-back…
Nigeria: Central Bank Talks Tough, No Reversal Of BDC Forex Ban
The Central Bank of Nigeria says it will not reverse its decision to ban the sales of foreign exchange to Bureaux…
U.S. Examine Possible Insider Trading At Binance
U.S. officials are examining possible insider trading and market manipulation at Binance, Bloomberg News reported…
Wall Street Closes Roller-Coaster Week Sharply Beneath
U.S. stocks ended sharply lower in a broad sell-off on Friday, ending a week buffeted by strong economic data,…
World Bank China Rigging Scandal Flutters Investors
Some investors and campaigners expressed dismay on Friday at revelations that World Bank leaders pressured staff to…
Pound Hang Back In Face Of Early BoE Hike
Although markets have become increasingly aggressive in pricing a UK interest rate rise as soon as next May -…
Lafarge Nigeria Makes 8.3% In Revenue Growth – 2020
Lafarge Africa Plc has said it recorded a sales revenue of N230.6bn in 2020. This shows 8.3 per cent revenue growth…
European Market Outpace Other Major Market
European markets advanced on Friday, outpacing other major markets as global investors continue to weigh the…
United State Treasury Yields Rise Ahead Of Jobless Claims Figures
United State Treasury yields rose slightly on Thursday morning, ahead of the release of weekly jobless claims data.…
China’s Yuan Falls On COVID-19 Outbreaks In Fujian, Disappointing Data
The yuan eased against the dollar on Wednesday, as outbreaks of coronavirus Delta variant
infections raised…
Federal Government Of Nigeria In Partnership With Konga
The Minister of Youth and Sports Development Sunday Dare during the signing of a landmark partnership between Konga…
Oil Palm Startup In Nigeria Raises $4 Million To Build A “Smart” Factory
Besides being a key ingredient for cooking jollof rice, vegetable oil is used industrially in paints, soaps,…
Bureaus De Change Operator’s And $34billion Diaspora Remittances
The CBN should institute a framework that allows BDCs, which have automated their operations, to receive the…
Nigerian Minister Advocates Capital Punishment For Unlawful Miners
The Minister of State for Solid Minerals, Mines, Steel Development, and Metallurgy, Dr. Uche Ogah has called on the…
Canadian Dollar Increased As Softer U.S. Inflation Data Clips Greenback
The Canadian dollar on Tuesday strengthened against its U.S. counterpart for a second day as
oil prices rose and…
Fail Retail Demand For U.S. Stocks Could Hit S&P 500
Retail investors' appetite for U.S. stocks has fallen in the past week, data from Vanda Research showed on…
Nigeria: Phishing Attack On Business On The Rise Since The Start Of Pandemic
About 66 percent of Nigerian firms have reported an increase in phishing attacks since the pandemic started.…
U.S. Import Values Post their First Decline In Ten Months
U.S. import prices fell for the first time in 10 months in August amid a decline in the costs of petroleum…
Weber, Microsoft, Canadian National Railway Are Stocks Leading In Pre-Market
Weber (WEBR) – The grill maker’s stock jumped 3.8% in the premarket, following its first quarterly report since…
China Data Casts A Fall Over Global Recovery, Prompting A Sharp Increase In UK…
Global stocks eased on Wednesday as weaker-than-expected Chinese data cast a pall over economic recovery and a…
Nigeria’s Inflation slides For Five Consecutive Month
The Consumer Price Index which measures inflation rate fell to 17.01 per cent in August, the National Bureau of…
S&P Futures Bounce After Four Days Of Losses, Dow Futures Gain 170 Points
United State stock index futures pointed to a market rebound on Friday, after the S&P 500 and Dow Jones…
Squeeze In Global Supply Value Chain Blamed As Supermarket Retailer Kroger’s…
U.S. supermarket chain Kroger Co reported a slide in a main measure of profitability on Friday, blaming discounts,…
Traders Chase Russian Oil To Fill U.S. Hole After Hurricane Ida
Trading houses are rushing to supply Russian Urals crude to the United States where oil production was hammered by…
Amazon Hourly Employees Set To Enjoy 100% Tuition Fee
The e-commerce giant is following the lead of other large United state companies who are dangling perks like…
Tech Stocks, Rising Marketplace Debt See Inflows On “Stagflation” Bets
Investors rushed to scoop up emerging market debt and technology shares in the week to Wednesday, BofA Securities…
U.S. Treasury Weather Legitimate Seeks Coverage Adjustments For Severe Weather
Climate-related weather events are costing American households, businesses and insurers billions of dollars in…
Lira Falls Further On Dovish Central Bank Comments
Turkey’s lira fell further on Thursday after logging its worst session in four months in the wake of dovish…
Former Wells Fargo Executives Square Off With Regulator In Trial Over Bank Account…
The civil trial of three former Wells Fargo & Co employees over their alleged roles in a scandal involving…
Chinese Firms In Partnership To Deliver Self Driving Cargo Vans
The strategic partnership between Chinese autonomous driving start-up WeRide, automaker Jiangling Motors (JMC) a…