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Category: Business

Nigeria Mobile Money Market Size, Share, Trends, Analysis And Forecast Report 2021-2026
BusinessLocal

Nigeria Mobile Money Market Size, Share, Trends, Analysis And Forecast Report 2021-2026

Nigeria Mobile Money Market Analysis By Top Key Players – Cellulant Nigeria Limited, Ecobank Nigeria Limited (Ecobank Transnational Incorporated), Funds…

byEkeminiJune 16, 2021
Investors Seek Stable Business Environment To Forestall Investment Outflows
BusinessInvestingWorld

Investors Seek Stable Business Environment To Forestall Investment Outflows

Bemoan low patronage as foreigners pull out N100bn from stock market in four months  …Blame insecurity, others With about N100…

byEkeminiJune 16, 2021
Shippers Organise To Influence Policies
BusinessLocal

Shippers Organise To Influence Policies

Amidst growing concerns over arbitrary shipping charges and unfavourable policies, Nigeria’s shippers have set up a national structure to confront…

byEkeminiJune 16, 2021June 16, 2021
We Have Recovered $20m Worth Of Cryptocurrency From Internet Fraudsters – EFCC
BusinessLocal

We Have Recovered $20m Worth Of Cryptocurrency From Internet Fraudsters – EFCC

THE Economic and Financial Crimes Commission (EFCC) said that it had recovered about $20 million worth of cryptocurrency from Internet…

byEkeminiJune 16, 2021
Migration And Risk Sharing In Currency Unions: The Euro Area Versus The US
BusinessWorld

Migration And Risk Sharing In Currency Unions: The Euro Area Versus The US

Labour mobility is a key criterion for assessing optimum currency areas. To smooth country-specific shocks or business cycles in currency…

byEkeminiJune 16, 2021
World’s No. 2 Cocoa Producer Set For Biggest Crop In A Decade
AfricaBusiness

World’s No. 2 Cocoa Producer Set For Biggest Crop In A Decade

Ghana, the world’s no. 2 cocoa grower, is headed for its biggest harvest in at least a decade after good…

byEkeminiJune 16, 2021
UK’s Financial Watchdog Goes Real-Time To Catch Online Criminals
BusinessWorld

UK’s Financial Watchdog Goes Real-Time To Catch Online Criminals

Britain’s financial regulator has to make daily sweeps of the internet to warn about online scams in real time and…

byEkeminiJune 16, 2021
Inflation Curbs Nigeria’s Growth, Fuels Crime – World Bank
BusinessLocal

Inflation Curbs Nigeria’s Growth, Fuels Crime – World Bank

Surging inflation is undermining the recovery of Africa’s biggest economy, pushing 7 million Nigerians into poverty and encouraging criminality as…

byEkeminiJune 16, 2021June 16, 2021
Digital Euro Might Suck Away 8% Of Banks’ Deposits – Morgan Stanley
BusinessWorld

Digital Euro Might Suck Away 8% Of Banks’ Deposits – Morgan Stanley

A digital euro could suck away 8% of euro zone banks’ customer deposits, analysts at Morgan Stanley have estimated, although…

byEkeminiJune 16, 2021
Dollar Holds Near One-Month High With Focus On Fed’s Inflation Take
BusinessWorld

Dollar Holds Near One-Month High With Focus On Fed’s Inflation Take

The dollar held near a one-month high against a basket of currencies on Wednesday as investors tried to ascertain if…

byEkeminiJune 16, 2021
Major Traders See Oil Staying Above $70/ Barrel, $100 Not Impossible
BusinessWorld

Major Traders See Oil Staying Above $70/ Barrel, $100 Not Impossible

The world’s biggest oil traders said on Tuesday they see oil prices staying above $70 a barrel with demand expected…

byEkeminiJune 16, 2021June 16, 2021
World Bank Advises CBN To Adopt Clear Forex Policy
BusinessWorld

World Bank Advises CBN To Adopt Clear Forex Policy

The World Bank on Tuesday advised the Central Bank of Nigeria (CBN)  to provide a clearer and more predictable foreign…

byEkeminiJune 16, 2021
What Oil Companies Can Do To Cut The Demand For Oil
BusinessLocal

What Oil Companies Can Do To Cut The Demand For Oil

Increasing pressure on major oil companies has forced many to make promises to reduce the extraction of their main fossil…

byEkeminiJune 16, 2021
Experts Blame Insecurity As Nigeria’s Agric Imports Exceed Exports By N503bn
BusinessLocal

Experts Blame Insecurity As Nigeria’s Agric Imports Exceed Exports By N503bn

The total value of agricultural import exceeded export by N503bn in the first three months of the year. Statistics obtained…

byEkeminiJune 16, 2021
Pound Rises As Soaring UK Inflation Puts Pressure On The BoE To Act
BusinessWorld

Pound Rises As Soaring UK Inflation Puts Pressure On The BoE To Act

The pound jumped on Wednesday morning after UK inflation blew past forecasts and put pressure on the Bank of England…

byEkeminiJune 16, 2021
UK Inflation Jumps Past Bank Of England Target, Hits 2.1%
BusinessWorld

UK Inflation Jumps Past Bank Of England Target, Hits 2.1%

British inflation unexpectedly jumped above the Bank of England’s 2.0% target in May when it hit 2.1% and looks set…

byEkeminiJune 16, 2021
Rising Prices Pushed Seven Million Nigerians Below Poverty Line In 2020 – World Bank
BusinessWorld

Rising Prices Pushed Seven Million Nigerians Below Poverty Line In 2020 – World Bank

The World Bank has said rising prices pushed about seven million Nigerians below the poverty line in 2020. This was…

byEkeminiJune 16, 2021
Oil Price Exceeds $73 On Improving Demand Outlook
BusinessLocal

Oil Price Exceeds $73 On Improving Demand Outlook

The international price of crude oil continued its rise yesterday, extending three weeks of gains on the back of improving…

byEkeminiJune 15, 2021
Goldman Expands In Crypto Trading With Plans For Ether Options
BusinessInvestingWorld

Goldman Expands In Crypto Trading With Plans For Ether Options

Goldman Sachs Group Inc. is moving beyond the world of Bitcoin and expanding into Ether. The bank plans to offer options…

byEkeminiJune 15, 2021
Bank of America Predicts Exxon Will Hike Its Dividend, Shares Will Rise 45%
BusinessInvestingWorld

Bank of America Predicts Exxon Will Hike Its Dividend, Shares Will Rise 45%

Engine No. 1, the activist firm that gained three board seats at Exxon Mobil after months of targeting the oil giant, may…

byEkeminiJune 15, 2021
Morgan Stanley Downgrades Industrial Stock Fastenal, Citing Valuation At An All-Time High
BusinessInvestingWorld

Morgan Stanley Downgrades Industrial Stock Fastenal, Citing Valuation At An All-Time High

Investors should stay away from industrial supplier Fastenal while the company does an internal makeover, according to Morgan Stanley. The company is…

byEkeminiJune 15, 2021June 17, 2021
U.S. And EU Resolve 17-Year Boeing-Airbus Trade Dispute
BusinessWorld

U.S. And EU Resolve 17-Year Boeing-Airbus Trade Dispute

The United States and European Union said Tuesday they have resolved a 17-year-long fight over aircraft subsidies, agreeing to suspend…

byEkeminiJune 15, 2021
Cramer’s Lightning Round: Time To Buy ViacomCBS
BusinessInvestingWorld

Cramer’s Lightning Round: Time To Buy ViacomCBS

Johnson & Johnson: “JNJ is kind of a, it’s a Teflon stock. It just goes up no matter what, and…

byEkeminiJune 15, 2021
Google, Facebook, Amazon And More Urge SEC To Mandate Regular Climate Reports
BusinessInvesting

Google, Facebook, Amazon And More Urge SEC To Mandate Regular Climate Reports

A group of seven tech companies urged the Securities and Exchange Commission to require businesses to regularly disclose climate-related matters…

byEkeminiJune 14, 2021June 15, 2021
Bank Of America Names The ‘Cheaper’, ‘Higher Quality’ Tech Stocks To Buy Right Now
BusinessInvestingWorld

Bank Of America Names The ‘Cheaper’, ‘Higher Quality’ Tech Stocks To Buy Right Now

A number of tech companies are trading cheaper than their big name counterparts and are of a “higher quality,” according…

byEkeminiJune 14, 2021June 15, 2021
Tudor Jones Likes Bitcoin, Calls It A Great Portfolio Diversifier To Protect His Wealth Over Time
BusinessInvestingWorld

Tudor Jones Likes Bitcoin, Calls It A Great Portfolio Diversifier To Protect His Wealth Over Time

Paul Tudor Jones said Monday that bitcoin is a great way to protect his wealth over the long run and is…

byEkeminiJune 14, 2021June 15, 2021
Cramer Cites 3 Stocks That Could Come Back Into Favor Under Paul Tudor Jones’ Fed Inflation Trade
BusinessInvestingWorld

Cramer Cites 3 Stocks That Could Come Back Into Favor Under Paul Tudor Jones’ Fed Inflation Trade

CNBC’s Jim Cramer on Monday talked about a group of stocks that could benefit under the inflation trade scenario presented earlier in…

byEkeminiJune 14, 2021June 15, 2021
These Stocks With Pricing Power Could Keep Thriving As Inflation Rises, According To Credit Suisse
BusinessInvestingWorld

These Stocks With Pricing Power Could Keep Thriving As Inflation Rises, According To Credit Suisse

Companies have done well passing on higher costs this year, but that could change if cost pressures continue, according to…

byEkeminiJune 14, 2021June 15, 2021
Goldman Sachs: These Renewable Energy Stocks Are Set For ‘Unprecedented Growth’
BusinessInvestingWorld

Goldman Sachs: These Renewable Energy Stocks Are Set For ‘Unprecedented Growth’

Analysts at Goldman Sachs have named a number of renewable energy companies that are set for “unprecedented growth” and said now is…

byEkeminiJune 14, 2021June 15, 2021
Space Force Clears SpaceX To Launch Reused Rockets For Military Missions
BusinessInvestingWorld

Space Force Clears SpaceX To Launch Reused Rockets For Military Missions

The next SpaceX launch will feature a milestone, as the Pentagon is allowing Elon Musk’s company to send a national security satellite…

byEkeminiJune 14, 2021June 15, 2021

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