Nigeria Stock Exchange: Trading Of Financial Derivatives Will Assist In Developing The Economy
The Nigeria Exchange Limited (NGX) has stated that trading of financial derivatives in Nigeria through…
Category: Market
Nigerian National Petroleum Corporation Contribution To Federation Account Dropped By N13 Billion
The total contribution of the Nigerian National Petroleum Corporation (NNPC) to the federation account dropped by…
CBN: Nigeria’s External Reserves Increase By $5.05 Billion
Nigeria’s external reserves rose by $5.05bn in October, the latest data from the Central Bank…
94 Percent Of Yearly Pharmaceutical And Medicinal Needs Importation Cost Africa At Least $16 Billion Loss
Pharmacists under the aegis of the Pharmaceutical Society of Nigeria (PSN), yesterday, said Africa loses…
Tencent Launch Three Own Made Chips
Tencent on Wednesday launched three chips it developed, marking the first time the Chinese internet…
U.S Tech Giant “Google” Amended Its Payment Policy For The First Time
Alphabet’s Google said on Thursday it plans to allow third-party payment systems in South Korea…
Lenovo Report 65 Percent Profit in Q2
China’s Lenovo Group, the world’s biggest maker of personal computers, said that a global chip…
Tencent Holdings Progresses On Chip Production
Chinese technology giant Tencent Holdings, touted progress in semiconductor chip development and investment on Wednesday,…
62 Billion Yuan Spent Using China’s New Digital Currency
Some 140 million people had opened “wallets” for China’s new digital yuan as of October…
NNPC Rule Out Hike In Pump Price Of Products
The Nigerian National Petroleum Corporation has admitted that there are pricing issues at some petrol…
CBN Moves To Fix Domestic Output, FX Constraints For Manufacturing
mes Emejo examines the Central Bank of Nigeria (CBN) “100 for 100 PPP – Policy…
First Bank Launch Digital Centre
First Bank of Nigeria Limited has announced the launch of its fully automated branch, called…
Dollar Firms As Fed Policy Meeting Gets Underway
The dollar firmed slightly on Tuesday as the U.S. Federal Reserve kicked off its two-day…
FG Hopeful Dangote Petroleum Refinery, NNPC, And Other Modular Refineries Will Meet Nigerians PMS Demand
The 650,000bpd Dangote Petroleum Refinery, Nigerian National Petroleum Corporation (NNPC) and other modular refineries are…
Tesla Recalls U.S Vehicles Sold Since 2017 Due To Communication Error
Tesla Inc is recalling nearly 12,000 U.S. vehicles sold since 2017 because a communication error may cause…
Elon Musk To Help Fight World Hunger With $6 Billion But With A Clause
Elon Musk is now worth more than $300 billion, and he’s apparently ready to start…
Chip Shortage Force Apple To Substitute Production Of Ipad Tablet For Iphone 13
Apple has cut back production of iPad tablets to allocate more components to the iPhone…
Electric Vehicle Start-Up “Rivian Automotive” Targets $54.6 Million
Electric vehicle start-up Rivian Automotive is targeting a market valuation of as much as $54.6…
Introduction Of Hostile Economic Policies Drops Nigeria Volume Of Import Via Benin Republic By 95%
The volume of imports into Nigeria through its neighbor, Benin Republic, has continued on a…
SEC Urge Stockbrokers To Create Innovative Financial Products
The Securities and Exchange Commission (SEC) has urged operators to create innovative financial products that…
Equities Market Resumes November Trading On A Downturn Note
The equities market resumed trading for the month of November on a downturn note yesterday,…
Canadian Dollar Steadies As Speculators Turn Bullish On The Currency
The Canadian dollar barely moved against its U.S. counterpart on Monday as data showed speculators…
Insecurity, Others Cut Nigeria’s Foreign Investments To $875m, Lowest In 5 Years
The spate of security crises, a tough business climate, and policy inconsistency are among the…
Oil Drops At Start Of Key Week As Biden Boosts Pressure On OPEC+
Oil fell as pressure mounted on OPEC+ to boost production when it meets this week…
Oil Falls After China Releases Reserves Of Gasoline, Diesel
Oil prices fell on Monday after China said it released reserves of gasoline and diesel to…
Manufacturers Lament Forex Crisis Impact On Raw Materials Import
Manufacturers have lamented the impact of foreign exchange (forex) crisis on importing raw materials. Speaking…
Forex Volatility, Inflation Hampering Investor Confidence
The volatility of the dollar in the forex market is taking its toll on micro,…