Category: Market
HSBC Pre-Tax Profit For Q3 Jumped 75.8 Percent
HSBC on Monday reported third-quarter earnings that handily beat expectations and announced plans for a…
President Of Federal Republic Of Nigeria To Unveil Central Bank Digital Currency Today
President Muhammadu Buhari will unveil the Central Bank Digital Currency, known as the eNaira, today…
PayPal Says It Is Not Interested In Acquiring Pinterest
U.S. payments giant PayPal said that it is not currently interested in buying social media…
Tesco Website And App Down After Online Hack Attempt
Tesco’s online grocery store website and app have been removed by hacking attempts, retail giants…
Dangote Cement Plc: PAT Of N191.6 Billion
Dangote Cement Plc built an after-tax profit of N191.6 billion at the end of its…
Facebook To Pay For News Content In France
Facebook said Thursday it had reached an agreement with some French newspapers to pay for…
Court Satisfied With MultiChoice Deposit Of N8 Billion in Tax Case
At the hearing in Lagos on Wednesday, the administrative court said it was satisfied that…
Facebook, Twitter, Other Social Media And Digital Advertising Companies Stocks Drop
Shares of Facebook and Twitter and other social media and digital advertising companies are sharply down in after-hours trading,…
IMF Project 2.7 Percent Economic Growth For Nigeria In 2022
The International Monetary Fund, IMF, has projected a 2.7 per economic growth for Nigeria in…
Exxon Mobile Reduce Production In Chad
Exxon Mobil said on Wednesday it had temporarily cut back production at its unit in Chad…
German software giant “SAP” Q3 Revenue Is 20% Above 2020 Q3 Revenue
German software giant SAP on Thursday posted a jump in revenue at its fast-growing cloud unit, which…
Turkey And Nigeria Sign A Bilateral Agreement On Improving Security And Trade
The need to improve security and trade between Nigeria and Turkey formed the highlight of…
Evergrande Shares Dropped By Over10 Percent
China Evergrande shares briefly dropped more than 10% in opening trade on Thursday, after a deal…
Bitcoin Hit All Time High
Bitcoin notched a fresh all-time high on Wednesday as investors cheered the successful launch of the…
China’s Yuan ouches Firmest Point Since June After Strong Fixing
China’s yuan briefly rose to its highest point against the U.S. dollar in more than…
Chinese Exporters Hikes Price By 10%
Chinese exporters are hiking prices, injecting inflation risk into a global economy already hit by…
Rising Transportation,Shelter And Food Price Push Canada Inflation Up By 4.4%
Canada’s annual inflation rate accelerated to an 18-year-high in September, driven by rising transportation, shelter…
Dollar Drops As Rate-Hike Bets Profilerate Elsewhere, Yuan Hits 4-Mth Peak
The dollar retreated on Tuesday to a three-week low, hit by a proliferation in rate-hike…
Mortgage Demand Drop By 6.3% Due To Increase In Mortgage Interest Rate
Climbing mortgage interest rates caused another drop in mortgage demand for both refinances and home…
Sterling Hits One-Month High Vs Dollar As UK Rate Hike Anticipation Builds
Sterling hit a four-week high against the dollar on Tuesday as expectations mount the Bank…
Bitcoin Hit $64,241 After ETF Listing
The price of Bitcoin surged, near the all-time high after ProShares Bitcoin Strategy ETF, the…
Commercial Fifth Generation (5G) Network Is Now Serving More Than 500 million subscribers
Commercial Fifth Generation (5G) network deployment is now in 176 countries around the globe, serving…
E-Naira Will Be Available To All Nigerians: CBN
The Central Bank of Nigeria has said the eNaira will be available to Nigerians without…