Nigeria Comes Sixth In Countries With Highest Exposure To Funds And Support From International Finance Corporation
Nigeria has been rated sixth among the top 10 countries with the highest exposure to funds and support from the…
Category: Market
Nigeria Equity Market Investors Gain N340.29 Billion
Investors in the Nigerian equities market earned N340.29bn as trading ended on the floor of the Nigerian Exchange Limited on…
Meituan Get $534.3 Million Fine From China’s State Administration for Market Regulation
Meituan shares surged over 9% on Monday, leading China technology stocks higher, after the food delivery giant was slapped with…
MTN Nigeria: Service Meltdown Just As It Gets Approval To Issue Debt
The Punch gathered that customers were unable to use the mobile network operator’s call, data and SMS services. As a result,…
MTN Nigeria Get SEC Approval To Launch Its series II Bond
The Securities and Exchange Commission (SEC) has granted MTN Nigeria Communications approval to launch its series II 10-year Fixed Rate…
Federal Government Of Nigeria Allocated N5.93 Trillion To Critical Sectors
The Federal Government has allocated the sum of N5.93tn to critical sectors of the economy including defence, health, education and…
Apple Plan New Regional Headquarter Location In Los Angeles
Apple will build a new regional headquarters at the border of Culver City and Los Angeles, the company said on…
U.S. Oil Benchmark Crossed $80 Per Barrel First Time Since 2014
West Texas Intermediate crude futures, the U.S. oil benchmark, crossed $80 per barrel on Friday for the first time since…
Europe’s Record Initial Public Offerings Year Has A Swindle In Its Tail
Europe’s record year for initial public offerings (IPOs) is threatening to come to a juddering halt as inflation fears and…
Stocks Slip Yet Holding Weekly Gain Ahead Of U.S. Jobs Data
European shares slipped on Friday but held most of the previous session’s gains as investors welcomed the U.S. Senate’s temporary…
California Was A Difficult Place: Elon Musk On Moving Company’s Headquater
Chief executive Elon Musk announced the move at the electric carmaker’s annual shareholders’ meeting in Austin. Mr Musk had fallen…
Samsung Share Falls Due To Global Chip Shortage
Samsung Electronics shares failed to hold onto earlier gains on Friday after the company said its operating profit for the…
U.S. Lenders Expected To Report High Third Quarters Results, Iffy Loan Outlook
The largest U.S. lenders are expected to report moderately higher third-quarter profits next week as pandemic-related accounting adjustments that had…
China Forex Reserves Fall To Lowest Since April
China’s foreign exchange reserves fell almost 1% in September from the previous month, official data showed on Thursday, hitting their…
Rise In Global Oil Prices And Naira Depreciation Leads To Rise In Price Of Diesel
Fuel marketers have increased the price of Automotive Gas Oil, also known as diesel, to N320 per litre as the…
Amazon Receive Tax Break Of $650 Million From Local Governments Across U.S.
Amazon has been awarded a record amount of tax exemptions, grants and other incentives this year from local government across…
Consumption Of Premium Motor Spirit (PMS) Dipped By 132,301,071 Litres In August 2021
The Petroleum Products Pricing Regulatory Agency (PPPRA) report on Petroleum Products Supply in August yesterday indicated that the consumption of…
Amazon Extends Its General Store To Outside Of The U.S.
Amazon has opened its first general store in the UK, selling items including books, technology and toys, as the online…
Nigeria Exchange Limited Stock Market Gain N247 Billion
The stock market of the Nigerian Exchange Limited (NGX) yesterday ended trading activities for the second day of the week…
Interstellar Partner With Interswitch Group To Develop Blockchain-Powered Infrastructure
Interstellar Inc. has partnered with Interswitch Group to develop blockchain-powered infrastructure services and solutions. Both firms have been working over…
Airtel Africa New Managing Director and Chief Executive Officer Begin Role Officially
Airtel Africa Plc has announced the resumption of duties of its new Managing Director and Chief Executive Officer, Olusegun Ogunsanya,…
Nokia Unveil First Tablet “T20” With 15 Hour Long battery life
The company that makes Nokia-branded phones on Wednesday unveiled its first tablet, the Nokia T20, in a challenge to Apple’s iPad.…
International Monetary Fund(IMF) Recognizes Global GDP In 2021 To Fall Slightly Below The Prior Forecast Of Six Percent
The International Monetary Fund expects global economic growth in 2021 to fall slightly below its July forecast of 6%, IMF…
Bitcoin Rose Above The $50,000 Mark For First Time In Four Weeks
Bitcoin, the world’s biggest cryptocurrency by market value, rose above the $50,000 mark for the first time in four weeks…
BluePeak Private Capital Raise Capital For Flagship Private Credit And Mezzanine Fund
BluePeak Private Capital, an alternative investment firm with a strong focus on Africa, announced that it has raised capital of…
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 exchange, to ramp…
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 investors…