Real Time Financial News Website
Transactions on the floor of the Nigerian Stock Exchange on Monday recorded a marginal loss to commence the weekly trading activities. The market breath closed negative with 16 losers against…
The Nigerian Stock Exchange (NSE) has extended the due date for the submission of the audited financial statements (AFS) for listed companies with 31 March year end by 60 days…
The Managing Director, Financial Derivatives Company Limited and a member of President Muhammadu Buhari’s Economic Advisory Council (EAC), Mr. Bismarck Rewane, has said an investment-led strategy is critical to stimulate…
Wall Street bounced on Friday, boosted by a surge in Boeing shares, with President Donald Trump’s plan to reopen the economy and hopes of a potential drug by Gilead to…
Investors brace for new jobless figures from biggest economy. Oil holds near 18-year low after record slide in U.S. demand.
Stocks advanced on Tuesday along with U.S. index futures at the outset of one of the most uncertain earnings seasons on record, after the coronavirus pandemic upended the global economy.…
Holdings in SPDR Gold Shares top 1,000 tons amid rising demand. Futures on Comex keep wide premium over spot prices in London. Gold could retest 2011’s high, says Hans Goetti,…
Asian equities extended gains on Tuesday after China’s trade data came in better than expected and as some nations tried to restart their economy by partly lifting restrictions aimed at…
U.S. benchmark returns to bull market as Fed steps up response. Shortened week is not short of action as virus chaos continues.
Gold reached a 7-year high as haven demand for the metal rose. Oil drops even after Saudis, Russia forge pact on cuts. Powell Sees Every Reason to Think U.S. Can…
Global shares rose on Thursday on hopes the COVID-19 pandemic was nearing a peak and that governments would roll out more stimulus to support their economies, while expectations of a…
‘The Big Short’ investor says passive ‘bubble’ may be ending. Central bank stimulus can’t do much to help, Burry says
Oil slips after forecast for large stockpile gain; Gold rises. Utilities lead S&P higher; Dow gains more than 1,000 points. Equities face an erratic path in the coming months, says…
Following rising cases of coronavirus in Nigeria, the domestic bourse on Friday recorded further extended weekly decline as the NSE All-Share Index and market capitalisation both depreciated by 3.51 per…
The Nigerian equity market on Thursday closed on a positive note as Dangote Cement Plc led other gainers to halt the negative sentiment of three consecutive trading days. However, the…
Transactions on the Nigerian equity market on Wednesday commenced the month of April on a downtrend as Unilever Nigeria Plc and Dangote Cement Plc lead other losers to close the…
Activities on the floor of the Nigerian Stock Exchange on Tuesday ended the month of March on the negative rout as investors remained on the sideline following widespread of CONDIV-19…
The widening coronavirus pandemic could see Dubai property prices falling to levels last seen 10 years ago, according to S&P Global Ratings. “We believe real estate prices are approaching levels…
With about a quarter of the world in lockdown, the order to stay at home has taken on a new dimension for one of Britain’s favorite pastimes: property. The government…
Chief Executive Officer Mark Zuckerberg sold nearly $500 million in the company’s shares in February to fund his philanthropic investment vehicle, the Chan Zuckerberg Initiative (CZI), regulatory filings showed. The…
Agency says government borrowing levels are set to rise and outlook remains negative for Britain’s sovereign debt score The ratings agency Fitch has cut Britain’s sovereign debt rating to AA-,…
South Africa has lost its Moody’s Investment Services investment-grade credit rating more than 25 years after it was first awarded as it grapples with a nationwide lockdown to curb the…
S&P Global Ratings and Moody’s Investors Service are downgrading U.S. companies at the fastest pace in more than a decade as debt-saddled corporations and entire industries struggle with a dramatic…
Moves in stock sectors that ordinarily take months and years to play out are happening in days as investors struggle to establish prices in the age of the coronavirus. Beneath…
As ridiculous as it sounds, the Dow Jones Industrial Average just climbed out of the bear market it entered two weeks ago.
From South Africa’s ultra-deep mine shafts to vaults underneath London, from metals traders in New York skyscrapers to main street sellers of coins: the global gold market is being tested…
As Wall Street celebrates the Dow Jones Industrial Average’s biggest surge in nine decades, spare a thought for the people paid to figure out value in the stock market. A…
Chevron is pulling out all the stops to cope with the historic collapse in oil prices. The oil giant is slashing spending, scaling back its production ambitions and suspending its…
The Dow Jones Industrial Average surged to its best day since 1933 as Congress and the White House neared a deal on Tuesday to inject nearly $2 trillion of aid…
Transactions on the floor of the Nigerian Stock Exchange on Monday witnessed another drop in share prices as investors continue to remain jittery over coronavirus pandemic in the country. The…