Champion Breweries, Guinness shares rise 230% Ytd
Despite the poor performance of the Nigerian stock market in the first quarter (Q1) of 2021, the shares of Champion Breweries…
Category: Business
The Securities And Exchange Commission Raises Alarm On Unregistered Online Platforms Proliferation
The Securities and Exchange Commission has warned the investing public on the proliferation of unregistered online investment and trading platforms…
Nigerian Stock Exchange Sustains Positive Profile As Capitalisation Gains N13B
Trading on the Nigerian Stock Exchange (NSE) continued in an upward note, yesterday, as more blue-chip stocks appreciated, resulting in…
CAP Reports N1.2bn Profit, Pushes Ahead With Merger Plan
Chemical and Allied Products Plc has reported a total profit of N1.2bn for the financial year 2020, compared to N1.7bn…
Volkswagen Loses $125 Million Fine Appeal For Emissions Breach In Australia: Regulator
Australian competition regulator said on Friday the federal court dismissed Volkswagen’s appeal against a record A$125 million ($95.1 million) fine…
China’s Didi Picks Goldman, Morgan Stanley For Mega U.S. IPO
China’s top ride-hailing firm Didi Chuxing has mandated Goldman Sachs and Morgan Stanley to lead its blockbuster IPO and plans…
World Stocks Hit Record High, Powered By Wall Street
Global stocks hit record highs on Friday, as tech shares on Wall Street cheered receding U.S. inflation fears, with the…
Holidays For The Rich: Airlines Criticise Britain’s Travel restart Plan
Airlines slammed Britain’s plans for restarting international travel, saying that expensive testing requirements for trips to low-risk countries would mean…
Strong March Pushes Airbus Quarterly Deliveries Higher
Airbus reported slightly higher deliveries in the first quarter with 125 aircraft handed over to airlines after a sharp increase…
European Stocks On Longest Weekly Winning Streak In A Year
European stocks were subdued on Friday, but on course for their longest weekly winning streak in more than a year…
Exclusive: China Set To Clear Tencent’s $3.5 Billion Sogou Deal Subject To Data Security Conditions: Sources
China’s antitrust regulator is ready to clear tech giant Tencent Holdings Ltd’s plan to take the country’s no.3 search engine…
Shoprite: Trade, Forex Policies, Others Hurting Businesses, Says LCCI
Against the backdrop of the move by Shoprite Holdings Limited to exit its Nigeria operations, the Lagos Chamber of Commerce…
MTN Partners fintechs As Talks With Banks Lingers
MTN has activated a number of new channel partnerships with fintech companies as the company continues meeting with the commercial…
Toshiba Chairman Issues Cautious Statement On CVC’s Take-Private Offer
The chairman of Toshiba Corp’s board on Friday issued a statement on CVC Capital Partners’ recent offer to take the…
China Halts New Enrollments At Business School Backed By Jack Ma
Beijing authorities have forced an elite business school backed by Alibaba Group Co Ltd founder Jack Ma to halt enrollments,…
Digital Pound Would Boost Post-Brexit City Of London, Think-Tank Says
A digital pound must be at the heart of Britain’s efforts to strengthen the City of London’s global attraction as…
Hyundai Motor To Suspend South Korea Production Due To Chip Shortage: Yonhap
South Korea’s Hyundai Motor Co plans to suspend production for two days from Monday at its Asan plant because of…
SEC Warns Against Proliferation Of Unregistered Investment Platforms
The Securities and Exchange Commission (SEC) has warned the investing public to be wary of the proliferation of unregistered online…
Nigeria Generated $150m From Coconut Oil In 2020 – Minister
The Minister of Agriculture and Rural Development, Sabo Nanono, on Wednesday in Benin disclosed that Nigeria generated $150m from the…
World Bank Warns Against ‘High’ Global Tax Minimum
The head of the World Bank has warned world leaders against setting a global minimum tax rate for companies that…
CBN Freezes 11 Bank Accounts
The Central Bank of Nigeria on Wednesday said it got an order from the Federal High Court, Abuja division, to…
Yuan Erases Year’s Gains Against Dollar As PBOC Steps Aside
People’s Bank of China in Beijing. The central bank vowed to increase currency flexibility. Photographer: Qilai Shen/Bloomberg , Bloomberg (Bloomberg)…
Govts, Organisations Urged to Increase Opportunities for Women
Governments at all levels as well as operators of private organisations have been advised to increase both leadership and economic…
UAC Records N7.1Bn Capital Returns To Shareholders
UAC Plc has recorded capital returns of N7.1 billion for its shareholders in the audited financial year ended December 31,…
NSE Resumes From Easter Holidays With N78bn Loss
The Nigerian stock market resumed after the Easter public holidays on Tuesday with a loss of 0.39 per cent due…
Europe Should Invest In Chip Design, Not A Mega-Fab: Think Tank
Europe’s ambition to make the most powerful computer chips risks wasting billions of euros, a German think tank said in…
Dollar Trades Near Two-Week Low As U.S. Yields Fall
The U.S. dollar traded near its lowest in more than two weeks versus major peers on Thursday, tracking Treasury yields…
World Leaders Are Making Progress On A Huge Global Tax Overhaul
For years, world leaders have been trying to launch a historic overhaul of global tax rules, aiming to tackle an unwieldy system…
Where Tech And Tradition Meet For Smart Investing
The physical restrictions of the coronavirus pandemic have hammered home to us all just how much we need digital services…