Dollar Gains As Strong Run Of Data Turns All Eyes To Payrolls
The dollar was perched at multi-week highs on Friday, after notching up its biggest gains…
Category: Business
Pressure Mounts On Naira, Sells At N499/$1 At Black Market
The journey of the Nigerian Naira into the N500/$1 region at the unregulated segment of the foreign exchange…
Assessing Emefiele’s Stewardship At CBN
The Central Bank of Nigeria (CBN) Governor, Godwin Emefiele is seven years in office today.…
Nigeria Now Producing, Supplying SIM Cards To Africa Countries – Pantami
The Minister of Digital Economy and Communications, Mallam Isa Pantami, has revealed that Nigeria has…
Cybersecurity Company SentinelOne Files To Go Public With 108% Revenue Growth Year-Over-Year
Cybersecurity company SentinelOne filed its IPO prospectus with the Securities and Exchange Commission on Thursday, and plans…
Google reassigns diversity lead after antisemitic blog post comes to light
Google has reassigned global diversity lead Kamau Bobb after it deemed his past comments as…
U.S. investment bank names 5 stocks on its ‘strongest conviction’ list
U.S. investment bank Stifel has added several companies to its list of “strongest conviction” global investment ideas.…
Santoli’s Thursday notes: AMC is now about crowd psychology and pinball among the trading machines
This is the daily notebook of Mike Santoli, CNBC’s senior markets commentator, with ideas about…
Key levels to watch in Lululemon stock after earnings, according to Miller Tabak
Lululemon is set to report earnings after the bell Thursday. The one-time coronavirus pandemic darling has come…
BDC Operators Move To Crash Exchange Rate, Ban Street Hawking Of Dollars
Forex traders under the aegis of the Association of Bureau De Change Operators of Nigeria…
NPA Boss Promises To Resolve Electronic Call-Up Bottlenecks
The acting Managing Director of the Nigerian Ports Authority, Mr Mohammed Bello-Koko, has said the…
Oil Rises With U.S. Crude Supplies Falling For Second Week
Oil climbed after a U.S. government report showed crude inventories declined for a second straight…
Canada FX Debt-Canadian Dollar Slides As Inflation Risk Hits Sentiment
The Canadian dollar weakened to a six-day low against its U.S. counterpart on Thursday, as…
Worries As N796b Investors’ Losses In May Extends Into June
Insecurity in the country and other macroeconomic challenges, coupled with uncertainty in the global economy,…
CBN Adjusts Naira’s Official Rate To N410.22/$1
The Central Bank of Nigeria (CBN) again weakened the naira yesterday, by adjusting the local…
CBN: Forex Inflows Drop To $43bn In 2020
A total of $43 billion in foreign currency flowed through the Central Bank of Nigeria (CBN)…
‘Nigeria, Others In Fragile Position On Energy Transition, Investment’
As the world adapts to the rapidly changing dynamics in the energy industry in an…
Crypto Firms Failing To Meet FCA’s Money Laundering Regulations
The U.K. markets regulator says significant numbers of crypto firms are withdrawing applications to register…
Dollar Ticks Up Ahead Of U.S. Payrolls
The U.S. dollar rose on Thursday as traders awaited a batch of U.S. economic data…
Improved Business Performance Pushes PMI To 54.4 Points
Growth in the Nigerian private sector gained momentum in May to 54.4 basis points, with…
Cocoa Prices Rise In Nigeria`S Edo, Akwa Ibom, Abia, Ogun States, Fall In Ondo
IBADAN, Nigeria — Cocoa prices have risen this week in some producing states in Nigeria…
Gokada Eyes Share Of Nigeria’s $20b E-Commerce Market
Nigeria-based last mile delivery, logistics and transportation start-up Gokada has launched a ‘Super App’ where…
Shippers Association Cautions Terminal Operators On Tariff Increase
The Shippers Association of Lagos (SAL) yesterday cautioned terminal operators and shipping lines against increase…
These are the next Reddit stocks to watch, according to Bank of America
The meme-stock frenzy is as crazy as ever, and Bank of America is flagging the…
Ford to expand profitable truck lineup with new small Maverick pickup
DETROIT — Ford Motor will expand its highly profitable truck lineup with a new small pickup called…
Russia’s top digital bank wants to offer crypto — but tough central bank policy stands in its way
Tinkoff, the biggest online bank in Russia, wants to offer cryptocurrency trading to its clients…
Ex-TD Ameritrade CEO warns meme stock traders that leverage could ‘rip your arms off’
Joe Moglia, former CEO of online trading platform TD Ameritrade, issued a stern warning Thursday…
Russia Says It Will Remove Dollar Assets From Its Wealth Fund
Russia is cutting the U.S. dollar from its $186 billion National Wealth Fund as Washington continues to…
China Rushes To Pull Back The Yuan From A Three-Year High
China is trying to rein in the yuan as it surges to three-year highs against…
Forex: ABCON Bans Street Hawking, Moves To Cut Rate
The Association of Bureau De Change Operators has said it will commence what it called…