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Local Chinese Government Halt Factory Production
Abrupt power cuts in parts of China are pushing some foreign companies to invest in other countries instead.
In…
Mortgage Application Volume Fall By 1.1%
Higher interest rates took some recent wind out of the sails in the mortgage market.
After gains the previous…
Naira Exchange At 414.83 To $1 Officially
The exchange rate between the naira and the US dollar closed at N414.83/$1, at the official Investors and Exporters…
Oil Prices Climbed To The Highest Level In Three Years
Oil prices climbed, Tuesday, to the highest level in three years on mounting expectations that the global natural…
Asia-Pacific Stocks Mixed After China’s GDP Forecasts
Stocks in Asia-Pacific were mixed in Tuesday trade, as various firms downgraded China’s GDP forecasts.
Goldman…
E-Naira Will Aid Revenue Collection: CBN
The Central Bank of Nigeria has said the e-Naira will provide a secure and cheaper Diaspora remittance option, this…
Nigerian: Investors Record N51.03 Billion Loss
Stock market activities on Monday declined as trading volume and value of shares dropped by 77.99 per…
Uphold Quality Standards:Standard Organisation Of Nigeria
The Standard Organisation of Nigeria has asked electrical dealers to uphold the quality standards for them to…
Singapore’s Logistics Startup Ninja Van Is The Newest Unicorn
Ninja Van raised $578 million from investors including Chinese e-commerce giant Alibaba Group, making the logistics…
Inflows From Foreign Portfolio Investors Dropped By N37.85bn: Nigerian Exchange…
The Nigerian Exchange Limited, formerly Nigerian Stock Exchange, revealed in its latest report that year-to-date…
capital Market Raised N176bn In Four Years: The Securities and Exchange Commission
The Securities and Exchange Commission has said that the capital market raised N176bn in four years and has the…
Naira Exchange At N580 To $1
The naira exchanged to the dollar at 580 on Friday, while the Pound Sterling traded for 780 at the parallel…
Brent Oil Futures Close At It Highest Level Since October 2018
The price of crude oil was up in London on Friday morning, climbing for a fourth day amid tighter supplies and a…
China Intensifies Crackdown On Cryptocurrencies
Bitcoin and ethereum tumbled Friday, with traders rattled by tough talk out of China.
The price of bitcoin fell…
Nigerian Stocks Extend Decline Amid Investors’ Hesitation To Hold Bank Shares
Nigerian stocks encountered more strain on Wednesday as the benchmark index slowed 0.05 percent to its lowest point…
OPEC Nations Warn Of Oil Market Instability From Gas Crisis
As the global natural gas crunch hits suppliers and consumers alike, OPEC nations are warning of the knock-on…
Chinese Estate Share Soared High After China Evergrande Group Announcement
Hong Kong-listed shares of investment holding firm Chinese Estates surged on Thursday after the firm announced…
2020 Trade Volume Between China Nigeria Was $20bn: Chinese Ambassador to Nigeria
The Chinese Ambassador to Nigeria, Ambassador Cui Jianchun, has said that the trade volume between his country and…
Nigeria’s Equity Market Investors Lost N11.02 Billion At End Of Trading
Investors in the equities market of the Nigerian Exchange Limited – formerly Nigerian Stock Exchange lost N11.02bn…
Increase in Demand, Shortage Of Supply Led To Increased Price Of Cooking Gas
The management of the Nigeria LNG Limited has said that marketers do not have enough infrastructure to take up its…
Surge In UK Fraud Becomes A National Security Threat
A surge in fraud attacks on consumers since the pandemic has become a 'national security threat' for Britain…
Development Of Seaports Will Magnify Revenue Drive In Nigeria – NPA
The Nigerian Ports Authority (NPA), has stated that Nigeria’s maritime industry accounts for 70% of cargo trade in…
CBN Urges Against Speculation, Manipulation Of Forex
The Central Bank of Nigeria has warned Nigerians to be wary of the activities of speculators who sought to…
Kia Nigeria Announce Launch Of Kia Seltos
Kia Nigeria has announced the launch of its sophisticated and…
The New Mercedes E-Class
Weststar Associates Limited, the authorised general distributor of Mercedes-Benz in Nigeria, has announced the…
Nigeria record $18.9 billion OTC FX Futures Contracts in 2020
OTC FX Futures (OTC FX Futures) are non-deliverable forwards or contracts where parties agree…
NLNG Describes Nigeria’s Cooking Gas Shortage, Price Hike
YET another indication of Nigerian health workers’ discontent with the increasingly inclement working climate in…
Dollar Near A Month High As Investors Concentrated On Evergrande Risks
The dollar held below a near one-month high on Wednesday as investors focused on two key risks -- a default by…
Dangote Cement Gets New Leadership
Dangote Cement Plc has appointed Mr. Philip Mathew its new deputy group managing director and chief executive…
Oil Climb By 1% As US Hurricane Aftermath Tightens Supply
Oil prices rose on Tuesday as analysts pointed to signs of U.S. supply tightness, ending days of losses as global…