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Oil Price Rise Above $81 whilst Nigeria’s production drops by 130,000 barrels
Oil prices climbed above $81 on Monday as the Organisation of Petroleum Exporting Countries and its allies…
BluePeak Private Capital Raise Capital For Flagship Private Credit And Mezzanine…
BluePeak Private Capital, an alternative investment firm with a strong focus on Africa, announced that it has…
Crypto Exchange “Yellow Card” Raises $15 Million In Series A Funding
Cryptocurrency exchange, Yellow Card, has announced a $15M Series A, the largest ever by an African cryptocurrency…
Stocks Drop Low As Investors Fear Oil Rally Fuels Inflation
Asian shares tracked a broad sell-off on Wall Street to weaken for a third straight session on Tuesday, as…
Development Partners International (DPI) Sells Stake In Food Concepts To ACA
Private equity firm Development Partners International (DPI) said on Thursday it has sold about a third of its…
Africa Startup “Andela” Attains Unicorn Status
Andela, a startup that connects African software engineering talent to global companies has raised $200 million…
Pressure On Cost Leads To Purchase Price Inflation
Unfavorable exchange rate movement exerted pressure on cost, leading to a rise in purchase price inflation.…
Evergrande Crisis Is Affecting China’s Property Market
On the heels of Evergrande’s debt crisis, there are increasing signs of stress in China’s property market after one…
Insurance Industry’s Gross Premium Income (GPI) Grew By 15%
The Insurance Industry’s Gross Premium Income (GPI) grew by 15 per cent year-on-year to N592.3 billion in the…
Investors Gain N521.46 Billion
Investors in the Nigerian Exchange Limited equities market recorded N521.46bn gain in September despite losses in…
OYO To Issue New Shares Worth $1.16 Billion
Indian hotel chain Oyo is planning to raise about 84.3 billion rupees ($1.16 billion) in an initial public…
Nigeria Debt Hit N35 Trillion
Nigeria spent N445.4bn on debt servicing payments in the second quarter of this year, the latest data obtained from…
NNPC Incorporation Have Been Completed: Corporate Affairs Commission
The Corporate Affairs Commission (CAC) on Wednesday, said that it has completed the incorporation of Nigerian…
NGX Market Capitalization Gains N382.06 Billion
At the end of Wednesday trading session, the Nigerian Exchange market closed positive amidst sell-offs and…
U.S. Stock Index Futures Rose, Tech Stocks Dipped
U.S. stock index futures rose during early morning trading on Thursday, after tech stocks dipped again as investors…
Hong Kong Stocks Fall By Nearly 1%
Shares in Asia-Pacific traded mixed on Thursday, as investors reacted to the release of Chinese factory activity…
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…