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Biden Administration Offers $12 Billion to Automakers to Retrofit Plants for EV…
The Biden administration is providing $12 billion in grants and loans to auto manufacturers and suppliers to…
China Takes Measures to Boost Economy Amidst Slowdown
As China grapples with an economic slowdown and a debt crisis in the property sector, authorities have rolled out…
Surprising Surge: Kenyan One-Year Treasury Bill Interest Rates Spike to 14%…
In an unexpected twist, the interest rate on the one-year Treasury bill in Kenya soared to a remarkable 14% during…
War Risk Premiums Surge for Shipping in Russia’s Black Sea Ports Amid…
Insurance companies have informed ship charterers operating in Russia's Black Sea ports of a significant increase…
European Business Lobby Urges China for Clarity on Economic Plans and National…
The European Chamber of Commerce in China, an influential business lobby, is calling on Beijing to provide a clear…
U.S. Stock Futures Rise on Nvidia Optimism and Easing Bond Yields”
U.S. stock index futures have shown positive movement as optimism regarding Nvidia's upcoming earnings report…
China Cuts One-Year Lending Rate, But Surprises by Keeping Five-Year Rate…
China has taken steps to stimulate credit demand by reducing its one-year benchmark lending rate, lowering it by…
Oil Prices Rise on Tightening Supply Amid Global Demand Concerns
Oil prices increased on Monday due to tightening global supply resulting from lower exports by major oil-producing…
Petroleum Traders May Benefit from Falling Oil Prices and Strengthening Naira
Major petroleum product traders and independent traders could potentially experience relief from rising gasoline…
Transcorp Group: A Driving Force for Nigeria’s Energy Transformation
Transcorp Group, under the leadership of Chairman Tony Elumelu, is emerging as a pivotal force in propelling…
Seplat Energy Clarifies Ownership Amidst Oil Rig Incident Controversy
Seplat Energy, an independent oil producer, has responded to controversies surrounding the ownership of the…
ECOWAS Prepared to Intervene Militarily in Niger Republic’s Political Crisis
The Economic Community of West African States (ECOWAS) has announced its readiness to intervene militarily in…
Nigerian Stock Exchange Continues Bearish Trend, Market Capitalization Drops by…
The Nigerian Stock Exchange (NSE) has extended its bearish performance from the previous trading session,…
Binance Shuts Down Fiat-to-Crypto Platform Amidst Crypto Market Fluctuations
Binance, a prominent cryptocurrency exchange, has announced the closure of its fiat-to-crypto payments platform,…
China’s Reluctant Response to Economic Challenges Raises Concerns
China's economy is facing challenges such as a potential property crisis and stagnation, leading to concerns over…
Ghana $13 billion Eurobond Restructuring to be Concluded by Year End –…
Ghana's government aims to reach an agreement with its commercial creditors to restructure Eurobonds totaling $13…
Petrol Prices Set to Surge Further as International Crude Oil Market Gains
International market data reveals that the price of Brent crude oil has increased by 20%, signaling a potential…
FocusEconomic Analysts Forecast 2.8% GDP Growth for Nigeria in 2023 Despite Fuel…
According to the August 2023 FocusEconomics Consensus Forecast report, Nigeria's economy is projected to expand by…
NECA Raises Concerns Over Rising Inflation and Public Debt in Nigeria
The Nigeria's Employers Consultative Association (NECA) has voiced apprehension about the country's surging…
Financial Services Stocks Drag Nigerian Bourse, Market Capitalization Declines by…
The Nigerian bourse experienced a downturn last week as losses in FBN Holding Plc, Ecobank Transnational…
Nigeria’s Capital Importation Witnesses a 28% Decrease in Q1 2023: NBS…
The recent report released by the National Bureau of Statistics (NBS) on capital importation in Nigeria reveals a…
Equity is the first bank to increase loan interest rates to take into account the…
Equity Bank, Kenya's most profitable bank, has announced an increase in loan prices following the Central Bank of…
The World Bank Endorses Kenya’s New Digital Tariffs.
The World Bank has expressed its support for Kenya's efforts to expand the reach of taxation in the digital…
European stock markets experience losses to start the new week.
The new week brought losses to European stock markets, mirroring the decline in Tokyo, as investors monitored…
Emefiele’s Suspension: An Increase of N1.2 trillion in Market…
On Tuesday, the market capitalization of the Nigerian stock market increased significantly by 4% (N1.22 trillion)…
Nigerian Stocks Exhibit the Region’s Greatest Returns.
The majority of quoted securities in Nigeria outperformed their peers in Sub-Saharan Africa despite the country's…
Stock Investors Seek Change as Capital Flight Continues.
The effects of fiscal and monetary policies on the Nigerian equities market have raised concerns among…
Kenya Reignites African Nations’ Push to Abandon the Dollar.
President William Ruto has challenged African leaders to take the first steps toward abandoning the…
OPEC chief warns that global oil output is decreasing.
Haitham Al Ghais, Secretary General of the Organization of Petroleum Exporting Countries, has warned that world…
According to a report, forex turnover has dropped by 47%.
In April, the foreign exchange turnover of Naira against the US dollar in the Investors & Exporters market…