European Shares Dip After Strong Rally, Total Rises
European shares dipped on Tuesday as a recent rally powered by hopes of a swifter…
Category: Business
Central Bank Of Nigerian Sticks To Unpopular Option On Digital Currency
Exchanges and investors in cryptocurrencies have started reviewing their business strategies as the Central Bank…
Exclusive: Congressional Democrats Set To Back More Than $50 Billion For Transportation Sector
Democrats in the U.S. Congress are to release a sweeping plan on Monday to provide…
Capital Calls: Macquarie’s Relief Rally
Concise insights on global finance in the Covid-19 era not too foul. Macquarie gave investors…
Neimeth International Pharmaceuticals Plc Declares First Dividend In 10 years
Neimeth International Pharmaceuticals Plc is set to declare its first dividend in 10 years following…
Stocks, Oil Rise In Asia After U.S. Records, Dollar Weakens
Asian stock markets rose on Tuesday after a record-setting day on Wall Street, while bitcoin…
Nigerian Stock Market Extends Losing Streak, Sheds N80bn
The nation’s stock market fell further on Monday, extending its losing streak to six consecutive…
Reddit’s Valuation Doubles To $6 Billion After New $250 Million Funding
Reddit Inc, which has been at the heart of a recent social media-driven retail trading…
Nigerian Stock Exchange’s Demutualisation Excites Corporate Affairs Commission DG
The Registrar-General/Chief Executive Officer (CEO) of the Corporate Affairs Commission (CAC), Alhaji Garba Abubakar, has…
Federal Government of Nigeria Lists January Savings Bonds
The Federal Government at the weekend listed two new tranches of its Federal Government of…
CWG Posts N11.8bn Revenue
CWG Plc, one of Nigeria’s leading information and communication technology solutions and service providers has…
Stock Market Sheds N368bn as Investors Take Profit
The Nigerian stock market shed N368 billion last week following profit-taking activities by some investors…
Nigeria’s Security and Exchange Commission Unveils New Rules For Nominee Companies
The Securities and Exchange Commission has asked all persons not registered by the commission as…
Uptick In Fixed Yield Triggers Massive Sell Off In Equities
The marginal uptick in yields in the fixed income market propelled massive selloff on the…
Ageing TV Licence Fee Refuseniks Leave £117m Hole In BBC Budget
Up to 750,000 older people have refused to pay for a television licence after losing…
European Markets Higher, Tracking Positive Global Sentiment; Dialog Surges 17%
European stocks were higher Monday with markets tracking positive sentiment in Asia and the U.S.…
Endless Turnaround Maintenance:Outrage, Anger Over Nigeria National Petroleum Corporation’s $1bn Loan For Refineries
The Federal Government may soon be on a collision course with Nigerians over its plan…
Stakeholders Demand Six-Month National Identification Number -Subscription Identity Module Linkage Deadline Extension
Stakeholders in the telecom space have called for further extension of the National Identification Number…
Inside Nigeria’s Multibillion-Dollar Abandoned Oil, Gas Projects
Before COVID-19 triggered a collapse in crude oil prices and demand last year, several big-ticket…
Hedge Funds Bet On Oil’s ‘Big Comeback’ After Pandemic Hobbles Producers
Hedge funds are turning bullish on oil once again, betting the pandemic and investors’ environmental…
Dollar Nurses Losses As Traders Await More Data To Determine Direction
The dollar nursed losses against most currencies in subdued trade on Monday as disappointing U.S.…
Stock Conversion Allows China’s Wanda To Sell AMC Shares Amid Retail Frenzy
China’s Wanda Group, the major shareholder in AMC Entertainment Holdings Ltd, conducted a share conversion…
Belgium Eyes Prospects In Nigerian Ports
Investors from Belgium have expressed interest in the National Maritime Transport Policy being developed by…
Oil Theft: Shell Plans Onshore Exit
Royal Dutch Shell has disclosed possible outright exit from onshore terrain due to persistent challenges…
Nigerian Equities Lose N368b Amid Interim Earnings
Nigerian equities traded negative all through the week to close weekend with a net capital…
Cryptocurrency: Bureaux De Change Operators Back Central Bank Of Nigeria Ban
The Association of Bureaux De Change Operators of Nigeria (ABCON) has given its backing to…
As Nigeria Taps Into The Huge Methanol Market
Nigeria’s failure to develop its methanol industry over the years, despite an abundance of gas…
Flash Loans Are Providing Instant Cash To Crypto Speculators
Money for nothing. That’s what a fast growing array of financial products dubbed flash loans…
Analysts: Naira To Depreciate To N490/$1 On Parallel Market
Citing the Central Bank of Nigeria’s (CBN) plan to settle February 24 Non-Deliverable Forwards (NDFs)…
U.S. States Ask FCC To Scrutinize Verizon’s Plan To Buy Tracfone
The attorneys general of 16 U.S. states and the District of Columbia on Friday urged…