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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…
Nelson Peltz To Step Down From P&G Board
Procter & Gamble Co (PG.N) said on Thursday activist investor Nelson Peltz would step down from the company's…
Analysis: Private Equity Struggles To Get In On $1 Trillion U.S. Infrastructure…
Private equity firms are fretting that a long-awaited $1 trillion infrastructure bill under negotiation by U.S.…
Fed’s Kashkari: Delta May Throw Wrinkle Into Taper Plan
Minneapolis Federal Reserve President Neel Kashkari on Thursday said the highly transmissible Delta variant of the…
Asian Shares Fall As Delta Variant Casts Shadow Over Growth
Asian shares failed to catch a firm lead from a bumper Wall Street session on Friday as the spread of the Delta…
Nigeria: Confusion As Emirates Says Nigerian Flights Remain Suspended
Emirates' flights to and from Nigeria will remain suspended until 15 August 2021, the United Arab Emirates (UAE)…
Nigeria CEOs Among Best Paid In Sub-Saharan Africa, PwC Says
Chief executives of Nigerian-listed companies are among sub-Saharan Africa’s highest earners, according to a new…
The New Forex Ban And Its Short Term Market Reaction
The CBN in a twist of events has discontinued its forex sale to BDCs with immediate effect. This…
Nigeria’s Financial System Sound, Stable, Resilient – CBN Governor
The Central Bank of Nigeria, CBN, has revealed that it has so far recovered 89.2 billion nairas of customer’s money…
Bank Rate Maintained At 0.1% – August 2021
Monetary Policy Summary, August 2021
The Bank of England’s Monetary Policy Committee (MPC) sets monetary policy to…
Yuan Inches Up, Market Awaits Policy Guidance At Home And Abroad
China's yuan inched up against
the dollar on Thursday, although trade was thin as market
participants awaited…
DMO Unveils Transaction Advisers For N2.343 Trillion External Borrowing
The Debt Management Office (DMO) on Wednesday revealed that the Federal Executive Council has approved transaction…