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ECB Failed To Agree On New Guidance, To Revisit July 22 – Sources
European Central Bank policymakers failed to agree on a new policy guidance when they finalised the conclusion of a…
Banks Tighten Grip On FX Market As Algo Trading Rises – Survey
Top global banks consolidated their stranglehold on the $6.6 trillion a day global foreign exchange market last…
Analysis: A Fine Mess: Weak Inflation Prompts A Global Central Bank Reset
It is an article of faith among central bankers that the decisions they make about how much money to create and…
Virus Woes And Tech Crackdown Hammer Stocks; Bonds Rally
Asian stocks fell to a six-week low on Thursday as an extended selloff in tech shares in Hong Kong and rising virus…
EU Fines Volkswagen, BMW $1 Bln For Emissions Cartel
The European Commission fined German carmakers Volkswagen and BMW a total of 875 million euros ($1 billion) on…
Post-Fed Taper Tantrum? Not This Time, Market Strategists Say
Global markets won't have a violent "taper-tantrum" like they did in 2013 even as though U.S. Federal Reserve is…
Dollar Firm Near 3-Month High After Fed Minutes Affirm Taper Timeline
The dollar hovered near a three-month high versus major peers on Thursday after minutes of the Federal Reserve's…
FTSE Russell To Remove More China Stocks From Indexes Over U.S.Ban
Global index publisher FTSE Russell said it will delete a further 20 Chinese companies from its indexes after user…
Europe’s SoftBank Prosus Plays Long Game To Shrink Value Gap
Prosus, Europe's answer to SoftBank and its Vision Fund, is betting that its long-term investments can fill a…
S.Korea’s Samsung SDI Considers Building Battery Cell Plant In U.S.
South Korea's Samsung SDI Co (006400.KS) may build a battery cell plant in the United States to support the auto…
U.S. Stocks Edge Up After Fed Minutes, Bonds Steady, Dollar Firm
U.S. Treasuries prices maintained gains on Wednesday, holding down yields, and two stock indexes notched record…
S&P 500 Edges Higher, Holds Gains After Fed Minutes
The S&P 500 rose slightly on Wednesday and held its gains after the Federal Reserve released the minutes from…
U.S. Dollar Little Changed Following Fed Minutes
The dollar was slightly higher on Wednesday after the release of the minutes of the U.S. Federal Reserve's latest…
Analysis: U.S. IPO Market A Danger Zone for Chinese Firms After Beijing Crackdown
China's stepped-up scrutiny of overseas listings by its companies and a clampdown on ride-hailing giant Didi Global…
Senate Approves Buhari’s $6bn Loan Request
The senate has approved the $6.1 billion loan request by President Muhammadu Buhari.
The $6.1 billion loan…
AMCON Decries N1.4bn Debtors’ Promissory Notes
The Assets Management Company of Nigeria (AMCON) said it has over N1.4 billion promissory notes offered by bank…
Investing in Ethereum? What you need to know about it and why it’s not just…
As institutional investors become more comfortable with bitcoin, many have also taken an interest in…
Cramer questions why anyone would buy a Chinese IPO ever again after Didi debacle
CNBC’s Jim Cramer believes Didi Global’s post-IPO debacle may permanently change American investors’…
Dangote Refinery, Others To Buy Crude In Naira
Holders of refining licences in the country can pay for domestic crude oil supply in naira, according to the…
Oil Market: Price Of Brent Hits $77.16 Per Barrel As OPEC, Non-OPEC Ministers…
The price of Brent, Monday, rose to $77.16 from $76.10 per barrel, in the international market, following the…
Planned N4.8trn Borrowing: Each Citizen May Owe N217k By Next Year As Nigeria’s…
The plan by the federal government to go for a fresh loan of N4.68 trillion to fund its 2022 budget would jack up…
GBP/USD In For A Volatile Ride This Week, Focus On The Downside Below 1.3890
GBP/USD is currently trading at 1.3853 and a touch higher on the day by 0.2%.
Cable has travelled between a low…
Iran Says It Can Quickly Hike Oil Output If Sanctions Are Lifted
Iran’s Oil Minister Bijan Namdar Zanganeh said his country has taken “many measures” to ensure it can raise crude…
Banks To Remain Resilient Despite Inflation, Currency Headwinds’
Vetiva Research has predicted that the banking sector will remain resilient despite high inflation and…
UAE Rejects Extension Of OPEC+ Oil Production Deal To End-2022
The United Arab Emirates said it rejects a plan by other members of OPEC+ to extend the group’s agreement…
NIMASA Introduces New Certificates Of Ship Registration
The Nigerian Maritime Administration and Safety Agency (NIMASA) has begun issuance of new certificates of ship…
FG Moves To Tackle Underage Gaming
ABUJA–THE Federal Government through the National Lottery Regulatory Commission, NLRC, has concluded plans to…
Nigeria Looking To Mix Of Chinese And European Lending For Rail Projects
Nigeria is negotiating a mix of loans from Chinese and European lenders to fund railway projects in the…
Nigeria’s Finance Minister Projects Sturdier Expansion Up To 2024
(MENAFN) Nigeria’s finance minister Zainab Ahmed has stated that the nation is projected to exit an economic…
SEC Issues Interoperability Framework Among CSDs
The Securities and Exchange Commission has issued an Interoperability/Financial Markets Infrastructure Link…