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German Manufacturing, Services Sectors Shrink In July -flash PMI.
German business activity unexpectedly shrank in July, a preliminary reading of a purchasing managers survey…
Euro Zone Firms See Continued Inflation, Wage Pressures – ECB Survey.
Businesses across the euro zone continued to report mounting inflation pressures and an acceleration in wage…
Gogo Inc. To Report Second Quarter 2022 Financial Results On August 5, 2022
Gogo Inc. the world's largest provider of broadband connectivity services for the business aviation market,…
Bitcoin Rises 5.11% to $23,564.93
Bitcoin rose 5.11% to $23,564.93 at 22:05 GMT, adding $1,145.77 to its previous close.Bitcoin, the world's biggest…
Buffett’s Berkshire Edges Closer To 20% Occidental Stake.
Warren Buffett's Berkshire Hathaway Inc (BRKa.N) purchased another 1.94 million shares of Occidental Petroleum…
Oil Prices Extend Losses As Demand Concerns Outweigh Tight Supply.
Oil prices fell for a second straight session, as demand concerns outweighed tight global supply after U.S.…
China Takes Steps To Ease Up On Regulatory Crackdown As Economy Slows
Chinese authorities imposed a $1.2 billion fine on ride-hailing firm Didi Global Inc, a move that signalled an…
Unilever’s India unit warns of higher prices as costs pressure margins
Hindustan Unilever Ltd, India's largest consumer goods maker, warned on Tuesday that high inflation will dent its…
Exchange Rate Skyrockets To N644/$1 At Peer-To-Peer Market As Forex Scarcity…
Wednesday, 20th July 2022: The exchange rate between the naira and the US dollar closed at N426.58/$1; at the…
Investors Of Nigerian Breweries Lose N27 Billion In A Trading Day.
Sustained sell pressure witnessed on shares of some blue-chip firms quoted on the Nigerian Exchange; has resulted…
Exxon Mobil Dividend Yield Pushes Past 4%
In trading on Wednesday, shares of Exxon Mobil were yielding above the 4% mark based on its quarterly dividend…
Buhari unveils NNPC Limited, agency halts FAAC remittances.
The Nigerian National Petroleum Company Limited on Tuesday made it clear that it would no longer remit any money;…
Crypto Market Reclaims Trillion Dollar Status With Altcoins Leading The Charge.
Despite the increase in the U.S. inflation rate to 9.10%, a multi-year high; the cryptocurrency market…
Asset Manager GAM Warns On Profit Citing Market Turbulence.
GAM Holding (GAMH.S) expects to post a loss for the first half of 2022, the Swiss asset manager said; citing…
US Stock Futures Gain As Earnings Season Moves Past Banks
U.S. stock futures edged higher as investors looked past quarterly results from financial companies to earnings…
UK Lenders Expect Biggest Fall In Mortgage Demand Since Q2 2020
British lenders expect the biggest fall in demand for mortgages since mid-2020 during the three months to the end…
Nigerian Stocks In Seventh Day Of Flat Trade Despite Improved Transaction Volume
Nigerian stocks inched up 0.02 percent on Wednesday, marking one week of flat trade that has seen the benchmark…
Nigeria’s Capital Importation Loses $6.92bn, As Inflows Dip In Four Consecutive…
For the period of Q1 2022, NBS disclosed that capital importation, which consists of financial and…
Euro At The Verge Of Breaching Parity, Stocks Slide Again
The euro has been particularly vulnerable given the impact of an ongoing spike in natural gas prices on the…
The NGX Closes Flat As Market Cap Declines Slightly By N811 Million.
The NGX closed on a flat note amidst sell-offs and buy-interests as the benchmark All-Share Index (ASI)…
Third Time Lucky For Italy’s De Nora Family As Shares Hit Market
Italy's De Nora family is relieved that the electrode manufacturer made it onto the Milan Stock Exchange. After…
Global Markets Quake As Central Banks Grow More Hawkish
Expectations for how drastically central banks need to tighten monetary policy to fight soaring inflation have…
Nigerian companies shun IPOs, raise N111bn via CPs
investigations reveal that the value of CP issuances in recent times has risen to N128.25 billion thus far in 2022…
Russia’s Sberbank collapses 95% on London stock exchange as it exits Europe
Shares of Russia’s Sberbank plunged 95% on the London Stock Exchange on Wednesday to trade as low as a penny …
Wheat prices trade ‘limit up’ again, hit highest in nearly 14 years
Wheat futures reached new multiyear highs Wednesday, as war between major exporters Russia and Ukraine…
Naira Exchange At N578 To $1
The naira, on Wednesday, depreciated further against the dollar at the parallel section of the foreign…
Nigeria: Market Capitalization Decreases
The NGX closed on a negative note amidst sell-offs and buy-interests as the benchmark All-Share Index (ASI)…
Nigeria Records 32% Foreign Direct Investments Dip In 2021
Nigeria attracted a sum of $698.78 million as foreign direct investments (FDIs) in 2021, representing its lowest…
Tanzania Fuel Price Rise Despite Government Intervenion
Retail prices of fuel in Tanzania have risen despite the government intervention by scrapping off Sh100 of levies.…
Uganda Government To Provide Support In Oil And Gas Sector
The Uganda Investment Authority (UIA), the investment arm of the country, has embarked on building the capacity of…