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Pound Sterling Steadies As UK Parliament Backs Tax Hike
Sterling ticked higher on Thursday after British lawmakers backed Prime Minister Boris Johnson’s tax hikes and was…
Canada Holds Interest Rates, Still Sees Economic Recovery
The Bank of Canada left rates unchanged on Wednesday and said it expects growth to strengthen in the second half…
Price Of Natural Gas Jumps To Seven Year High
U.S. natural gas futures soared to a seven-year high amid escalating concerns about…
PayPal And Japanese Credit Specialist Paidy In Talks
US online payment giant PayPal is set to buy the online Japanese credit specialist Paidy for $2.7 billion, the US…
Technology Startups And Others In Nigeria Raise $1.6bn Funding
Africa’s technology ecosystem has raised $1.6bn in 2021 so far, compared to $701.5m in 2020, according to a report…
Nigeria Exchange Lists Potentials As Green Bonds Market Hits $136m
The value of Nigeria’s green bonds market has hit $136 million within three years with four issuances recorded…
Analysis: With GameStop Earnings On Tap, Options Traders Bet On Muted Moves
Options traders are expecting comparatively subdued moves in GameStop Inc shares around its earnings report, as…
Mortgage Rate Stagnancy Leads To Lowest Fall in Two Months
Mortgage rates appear to be stuck in a holding pattern, giving borrowers no particular incentive to act, especially…
Intel Invest €80 Billion In Boosting Europes Chip Capacity
Intel Corp on Tuesday said it could invest as much as 80 billion euros in Europe over the next decade to boost the…
Europe: Stocks Markets Recede, Battle Of Nerves Over Growth Concern
The pan-European Stoxx 600 fell 1.3% by mid-morning, with autos dropping 1.8% to lead losses as all sectors and…
Automated Checkout Introduced At Whole Foods Stores – Amazon
Amazon is introducing its automated checkout technology to two Whole Foods stores, the company announced on…
China’s Central Bank Applies Brakes On Planned Economic Stimulus
China’s central bank policymakers pushed back Tuesday on expectations they would take aggressive measures to boost…
Wall Street Worried Over Slowing Economy Recovery
The Dow Jones and S&P 500 fell on Tuesday, as worries over the slowing pace of economic recovery overshadowed…
UK Property Prices Continues To Jump Market Strength Persists
British house prices rose sharply last month in a further sign of strong momentum in the market even after the…
Outstanding ECA Loan Associated With 8 Eight Aircraft Repaid – Aviation PLC
It is pleasing that commercial bank aircraft lending appears to be reopening following the disruption caused by…
Stock Futures Open Slightly Higher After Dow Slips Following August Jobs
U.S. stock futures opened slightly higher Monday night after the Dow slipped from a record high on Friday…
United Oil & Gas Signs Binding Deal To Sell North Sea Assets
United Oil & Gas PLC (AIM:UOG, FRA:1UO) is advancing its deal to sell its North Sea licences, signing a binding…
Stanbic IBTC Bank Revenue Shrinks, Profit Drops By 53%
Stanbic IBTC Holdings Plc reported a 52.85 per cent drop in its profit before tax for the first half this year amid…
Nigeria: Investors Lose N4.23bn As Consumer Goods Stocks Decline
The equities market of the Nigerian Exchange Limited declined by N4.23bn at the end of trading on Monday amid…
Chinese Stocks Rise As Data Shows China’s Exports In August Beat Expectations
Shares in Asia-Pacific were mixed in Tuesday trade, as data showed China’s August trade data came in above…
European Markets Head For Mixed Open, Reflecting Uncertain Sentiment Globally
European stocks are expected to open mixed on Tuesday, reflecting similar trade in their Asia-Pacific counterparts…
NNPC To Sell Equity Stake From 2024
The GMD of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari, has said the earliest the corporation…
India, Netherlands, Spain Emerge Top Export Destinations for Nigeria’s Crude…
India, Netherlands and Spain have now filled the vacuum left by the United States as top buyers of Nigeria’s crude…
Stock Market Sheds N117bn As Investors Take Profits
The equities listed on the Nigerian Exchange Limited shed N117.03bn last week, with analysts attributing the market…
Nigeria: Dangote Refinery To Increase Workforce To 57,000 employees
The Founder, Dangote Industries Limited, Alhaji Aliko Dangote has said the construction of the Dangote Petroleum…
Warren Buffett-Backed Electric Carmaker BYD Sees August Sales Surge More Than 300%
BYD sold 61,409 new energy vehicles in August, more than four times the amount sold a year ago, as demand for…
Estate Firm Increases Access To Short-Let Apartments In Lagos
In line with its ambitions to increase access to short let rentals, Shortlethomes, a leading real estate firm, has…
European Markets Head For Mixed Open After U.S. Jobs Miss
European stocks are expected to open in mixed territory on Monday as investors digest jobs data from the U.S.…
SPACs Offer Hope For Reviving Singapore’s Flagging IPO Market
Singapore’s stock exchange this month launched new rules allowing SPACs to list, a move it hopes will draw more…
Payrolls And The Stock Market: Wall Street Usually Shrugs Off Jobs Report
Markets always look to the Labor Department's monthly employment report with great anticipation. But whether the…