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Dollar Buoyed As Healthy U.S. Jobs Fuel Fed Taper Talk
The dollar was buoyant on Tuesday, pushing the euro to a four-month low, as a run of strong U.S. job figures…
Oil Recovers After Hitting Three-Week Low Amid Surging COVID-19 Cases
Oil prices rose on Tuesday, edging up from a three-week low in the previous session, but gains are likely to be…
Asian Stocks On Backfoot As Concern Over Delta Variant Saps Confidence
Asian stocks started off on a weak footing on Tuesday after a largely soft performance on Wall Street and as…
Fed Officials Say Tapering Is Near, Advancing Discussion On Rate Hike
Two Federal Reserve officials said on Monday that the U.S. economy is growing rapidly and that while the labor…
Sterling Slips As Currency Markets Weigh Up Tapering Timelines
The pound slipped slightly in early trading on Monday, but was still close to its strongest versus the euro since…
Debt Servicing Consuming Nigeria’s Revenues, Says LCCI
The Lagos Chamber of Commerce and Industry has advised the Federal and State Governments to liberalise…
Customs To MDAs: Only Items Imported By President Are Exempted From Taxes
Timi Bomodi, NCS deputy national public relations officer, said this in a statement on Friday.
Bomodi said this…
Bitcoin Hits 3-Month High Above $45,000
Bitcoin gathered steam on Monday afternoon in London, heading above the $45,000 mark for the first time since…
Nigeria Still Imports Dirty Fuel Four Years After Ban
Nigeria is still importing petroleum products with high sulphur content as the ban imposed on the importation of…
CBN Charges Bank Customers On Their Rights, Privileges
The Central Bank of Nigeria (CBN) has charged customers of commercial banks to know their rights and…
NEPZA, Delta Move To Revive Koko Port FTZ
The Nigeria Export Processing Zones Authority on Sunday disclosed that discussions were ongoing with the Delta…
Investors Stake N8.2 Billion On Equities In Five Trading Days
At the end of last week’s transactions, a turnover of 989.6 million shares worth N8.2 billion was recorded in 9,617…
NIPOST Alleges Shady Deals In Capital Market, Raids Firm Over N15m Illegal…
The Courier and Logistics Regulatory Department (CLRD) of the Nigerian Postal Service (NIPOST), at the weekend,…
Dollar Hits Four-Month High On Euro As Markets Bet On Earlier Fed Taper
The dollar climbed against major peers on Monday, reaching a four-month high versus the euro, as traders positioned…
Exxon Suspended From Climate Advocacy Group It Helped Form
Exxon Mobil Corp (XOM.N) was suspended from advocacy group Climate Leadership Council (CLC) that looks to make…
Oil Slides On China COVID-19 Curbs, Strengthening U.S. Dollar
Oil prices fell nearly 2% on Monday, extending last week's steep losses on the back of a rising U.S. dollar and…
Ritchie Bros To Buy Euro Auctions For $1 Bln
Asset management company Ritchie Bros (RBA.TO) said on Sunday it would acquire plant and machinery auction house…
Asia Stocks Spooked By Sudden Slide In Gold
Asian shares wobbled on Monday amid sharp losses in gold and oil prices, while the dollar held near four-month…
Experts Proffer Solutions For Nigeria’s Economic Recovery In Q2′ August 6, 2021
Some economists on Thursday said that unlocking Nigeria’s dead capital in residential real estate, agriculture and…
Technology Is Shaping The Future Of Food But Practices Rooted In Tradition Could…
From oranges and lemons grown in Spain to fish caught in the wilds of the Atlantic, many are spoiled for choice…
Analysis: Democrats See Chance To Reset Wall St. Oversight When Top Fed Official…
The looming exit of the Federal Reserve's top regulatory official will give Democrats an opportunity to reverse the…
‘New $6.2b Euro Bond Defies DMO’s Plan For Concessionary Loans’
Erudite Economist and professor emeritus, Olu Ajakaiye has expressed shock and disbelief that the Debt Management…
Nigeria Labor Congress Demands Electricity Tariff Reduction Agreement…
The Nigeria Labour Congress has said the Federal Government must implement by December the agreement to reduce…
UK House Prices Return To Growth In July – Halifax
British house prices rose in July after falling in June as demand for bigger homes following pandemic lockdowns…
London Stock Exchange Sales Rise As Refinitiv Integration Motors On
London Stock Exchange Group (LSEG.L) reported a rise in first-half revenue on Friday, flagging progress integrating…
Heirs Life, Insurance, Promise Efficient Service Delivery
Heirs Insurance Limited and Heirs Life Assurance, have confirmed that customers are now able to purchase insurance…
Credit Suisse To Repay Another $400 Mln To Greensill-Linked Fund Investors
Credit Suisse (CSGN.S) will repay another $400 million to investors in its Greensill-linked supply chain finance…
The World’s Largest Container Shipping Firm Posts Soaring Second-Quarter Earnings
Maersk, the world’s largest container shipping firm, has posted a sharp increase in second-quarter earnings as…
Robinhood Shares Dive 27.6%; Filing Sparks Worries Early Investors could Sell
Shares of Robinhood Markets Inc (HOOD.O) tumbled on Thursday, snapping a four-day winning streak, after the newly…
Cooling Measures Doing Little To Slow New Zealand’s Housing Boom
Desperation among homebuyers is pushing New Zealand house prices to record highs, overpowering the government’s…