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Forex Trading As A Pyramid Scheme – A New Fad
There is an ongoing forex craze fueled by multi-level marketing schemes with the promise to earn you passive income…
Forex Trading: A Beginner’s Guide
Forex is a portmanteau of foreign currency and exchange. Foreign exchange is the process of changing one currency…
Few Safe Havens As Equities Lose N1.36tr In February
Nigerian equities sunk into the red in February with sustained losses in four consecutive weeks eroding early gains…
European Central Bank Has Flexibility To Counter Undesired Yield Rise: De Guindos
The European Central Bank has the flexibility to counter any undesired rise in bond yields, the bank’s vice…
Walmart’s Flipkart Expands Grocery Sales To More Indian Cities
Walmart-owned Flipkart will sell groceries online in more Indian cities, as it seeks to compete better with Amazon…
Tyme Raises $110 Million To Grow Digital Bank For Underserved In South Africa,…
After raising $110 million in a Series B capital raise, Tyme plans to expand its digital bank for the underserved…
Emerging Capital Partners Crosses The Threshold Of 5% Of SAH Lilas Capital
Emerging Capital Partners (ECP), a pan-African leader in private equity, announced on February 3, 2021 that it had…
Nigeria: FMDQ Exchange Admits Parthian Partners N20 Billion CP
The FMDQ Securities Exchange Limited has announced the registration of the Parthian Partners Limited ₦20.00 billion…
Dangote Grooms Nigerian Engineers To Manage Refinery Complex On Completion
The Management of Dangote Oil Refinery is preparing young Nigerian graduates to take over the management of its…
Startimes Faces Winding Up Order Over $11 Million Debt
StarTimes, the Chinese-owned Pay-TV operator with tentacles across Africa, is at “serious risk” of receiving a…
Asian Equities Face Outflows In February Due To Rise In U.S. Bond Yields
Foreigners were net sellers of Asian equities for a second consecutive month in February, hit by a jump in U.S.…
How A 10-Second Video Clip Sold For $6.6 Million
In October 2020, Miami-based art collector Pablo Rodriguez-Fraile spent almost $67,000 on a 10-second video artwork…
Texas Electricity Firm Files For Bankruptcy Citing $1.8 Billion In Claims From…
Texas’s largest and oldest electric power cooperative on Monday filed for bankruptcy protection in federal court…
Risk Currencies Recover From Friday Carnage As Bonds Regain Composure
The Australian dollar and other riskier currencies rebounded against the U.S. dollar on Monday, as a sell-off last…
Bank Of England Official Warns Inflationary ‘Tiger’ Has Awoken, Sending Bond…
U.K. bond yields rose on Friday after Bank of England Chief Economist Andy Haldane warned that…
My $1.9 Billion In Minnesota Bank – Femi Adesina
Let’s have a comic diversion today from weightier matters of our national life. Because what I want to discuss can…
Bond Markets Left Smarting From Worst Rout In Years As Reflation Goes Global
From the United States to Germany and Australia, government borrowing costs on Friday were set to end February with…
Global Stocks Routed As Inflation Fears Dominate
Global stocks tumbled Friday as a sharp bond selloff encouraged investors to dump riskier assets.
Asian…
Central Banks Fight Back Against Bond Rout, Calming Investors
The standoff between central banks and bond traders took center stage in Asia on Friday after Treasury yields…
Investment Funds Increase Pressure On Danone CEO
U.S. investment company Artisan Partners joined activist investor Bluebell Capital Partners on Friday in demanding…
Neoen Lines Up Government Funding For Big Battery In Australia
France’s Neoen has won A$160 million ($128 million) in cheap finance from the Australian government to help fund…
World Shares Jump After Powell Nixes Rate Hike Fears
Global stocks jumped on Thursday after U.S. Federal Reserve Chair Jerome Powell reaffirmed interest rates would…
ExxonMobil To Sell Some UK, North Sea Assets To HitecVision For Over $1Billion
Exxon Mobil Corp said on Wednesday it would sell its non-operating interest in its UK and North Sea exploration and…
Goldman Sachs-Backed ReNew Power To Go Public Via $8-Billion SPAC Deal
India’s largest renewable energy firm ReNew Power on Wednesday agreed to go public through a merger with…
Hyundai Motor To Replace Battery Systems In $900 Million Electric Car Recall
Hyundai Motor Co will replace battery systems in some 82,000 electric vehicles globally due to fire risks - a…
Ark Invest Adds $124 Million Worth Tesla Shares
Cathie Wood’s Ark Invest funds added a further $124 million stake in Tesla on Tuesday as the shares closed below…
AM Best Affirms Credit Ratings Of AXA Mansard
AXA Mansard Insurance Plc has said that its rating outlook by the global insurance rating agency, A.M. Best as…
Ant Investor Boyu Capital Targets $6 Billion For New Private Equity Fund –…
Chinese private equity firm Boyu Capital, an investor in Chinese technology titans including billionaire Jack Ma’s…
Show Us The Plan: Investors Push Companies To Come Clean On Climate
In the past, shareholder votes on the environment were rare and easily brushed aside. Things could look different…
A Nigerian Refinery: Known As Dangote Refinery Set To Sell It’s First Oil In…
Having crossed all hurdles, the 650,000 barrels a day Dangote refinery an integrated refinery and petrochemical…