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Nigeria: Dollar Scarcity Thwart Sale Of Shell Petroleum Asset
The Chief Executive Officer of the Guaranty Trust Holding Company Plc, Mr Segun Agbaje, has said that Nigerian…
Nigeria: Composite Food Inflation Rise By 20.30%
The National Bureau of Statistics on Wednesday said that the composite food index rose by 20.30 per cent in August…
China’s Yuan Falls On COVID-19 Outbreaks In Fujian, Disappointing Data
The yuan eased against the dollar on Wednesday, as outbreaks of coronavirus Delta variant
infections raised…
Federal Government Of Nigeria In Partnership With Konga
The Minister of Youth and Sports Development Sunday Dare during the signing of a landmark partnership between Konga…
Canadian Dollar Increased As Softer U.S. Inflation Data Clips Greenback
The Canadian dollar on Tuesday strengthened against its U.S. counterpart for a second day as
oil prices rose and…
Fail Retail Demand For U.S. Stocks Could Hit S&P 500
Retail investors' appetite for U.S. stocks has fallen in the past week, data from Vanda Research showed on…
Naira Depreciates Further In The parallel market; Exchanges At N557 To $1
Naira depreciates as the exchange rate at the parallel market depreciated again to another all-time low on Tuesday…
U.S. Import Values Post their First Decline In Ten Months
U.S. import prices fell for the first time in 10 months in August amid a decline in the costs of petroleum…
Goldman Sachs Expand By Acquiring “Buy Now Pay Later Fintech” Greensky
Goldman Sachs is acquiring digital lender GreenSky for $2.24 billion as the investment bank pushes further into…
Weber, Microsoft, Canadian National Railway Are Stocks Leading In Pre-Market
Weber (WEBR) – The grill maker’s stock jumped 3.8% in the premarket, following its first quarterly report since…
Singapore: Carousell An Online Marketplace Is Now Valued At $1.1 Billion
The Singapore-based Carousell said it is now valued at $1.1 billion — which makes it Southeast Asia’s latest…
China Data Casts A Fall Over Global Recovery, Prompting A Sharp Increase In UK…
Global stocks eased on Wednesday as weaker-than-expected Chinese data cast a pall over economic recovery and a…
Nigeria Cryptocurrency Market Experience Over 1000% Growth In One Year
The cryptocurrency market in Nigeria and other African countries have grown by 1200 per cent in one year. This was…
Nigeria’s Inflation slides For Five Consecutive Month
The Consumer Price Index which measures inflation rate fell to 17.01 per cent in August, the National Bureau of…
US Inflation Data Shows a Mixed Treasury Yeild
United State Treasury yields were mixed on Wednesday morning, following data which showed lower-than-expected…
Affirm Holdings, Toyota Motor And Others Are Making Moves In Pre-market
Affirm Holdings (AFRM) – Affirm soared 22.4% in the premarket as the “buy now, pay later” company’s revenue easily…
Traders Chase Russian Oil To Fill U.S. Hole After Hurricane Ida
Trading houses are rushing to supply Russian Urals crude to the United States where oil production was hammered by…
Oil Rallies To $73 On Tight U.S. Supplies
Oil rose to around $73 a barrel on Friday, supported by growing signs of supply tightness in the United States as a…
Oil Bounce, Futures Push Upwards After Biden-Xi Call
U.S. stock index futures rose on Friday, as signs of an easing in tensions between the United States and China…
General Motor Doubles Chip Shortage Impact To 200,000 Vehicles In Second Half
General Motors’ vehicle sales and production will be hit harder by the global chip shortage during the second…
Amazon Hourly Employees Set To Enjoy 100% Tuition Fee
The e-commerce giant is following the lead of other large United state companies who are dangling perks like…
Tech Stocks, Rising Marketplace Debt See Inflows On “Stagflation” Bets
Investors rushed to scoop up emerging market debt and technology shares in the week to Wednesday, BofA Securities…
U.S. Treasury Weather Legitimate Seeks Coverage Adjustments For Severe Weather
Climate-related weather events are costing American households, businesses and insurers billions of dollars in…
Lira Falls Further On Dovish Central Bank Comments
Turkey’s lira fell further on Thursday after logging its worst session in four months in the wake of dovish…
Former Wells Fargo Executives Square Off With Regulator In Trial Over Bank Account…
The civil trial of three former Wells Fargo & Co employees over their alleged roles in a scandal involving…
Nigeria’s 36 States Generated 5.3 Trillion Naira Revenue And Got 10.19…
The 36 states in Nigeria earned N5.30tn as internally generated revenue from 2016 to 2020. The states got N10.19tn…
Nigerian President Halts The Payment Of $418 Million To Paris Club Refund
President Muhammadu Buhari has placed the controversial payment of $418 million to consultants over the Paris Club…
Nigeria: Investors Wealth Continues To Dip
Following sustained sell-off in the shares of most highly capitalised stocks, the Nigeria Exchange Limited (NGX),…
Nobel Winner And Economist Stiglitz Says US Federal Reserve Chief Powell Should Go
For U.S. President Joe Biden to be true to his agenda he should not renominate Jerome Powell as Federal Reserve…
Fear Over Gaming Restrictions Causes Loss Of Share Price
Shares of Tencent and Netease plunged on Thursday after Chinese regulators called them and other gaming companies…