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…
Category: Market
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…
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…
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…
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…
Africa Startup “Andela” Attains Unicorn Status
Andela, a startup that connects African software engineering talent to global companies has raised $200…
Pressure On Cost Leads To Purchase Price Inflation
Unfavorable exchange rate movement exerted pressure on cost, leading to a rise in purchase price…
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…
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…
Investors Gain N521.46 Billion
Investors in the Nigerian Exchange Limited equities market recorded N521.46bn gain in September despite losses…
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…
Nigeria Debt Hit N35 Trillion
Nigeria spent N445.4bn on debt servicing payments in the second quarter of this year, the…
NNPC Incorporation Have Been Completed: Corporate Affairs Commission
The Corporate Affairs Commission (CAC) on Wednesday, said that it has completed the incorporation of…
NGX Market Capitalization Gains N382.06 Billion
At the end of Wednesday trading session, the Nigerian Exchange market closed positive amidst sell-offs…
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…
Local Chinese Government Halt Factory Production
Abrupt power cuts in parts of China are pushing some foreign companies to invest in…
Mortgage Application Volume Fall By 1.1%
Higher interest rates took some recent wind out of the sails in the mortgage market.…
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…
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…
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.…
E-Naira Will Aid Revenue Collection: CBN
The Central Bank of Nigeria has said the e-Naira will provide a secure and cheaper…
Nigerian: Investors Record N51.03 Billion Loss
Stock market activities on Monday declined as trading volume and value of shares dropped…
Uphold Quality Standards:Standard Organisation Of Nigeria
The Standard Organisation of Nigeria has asked electrical dealers to uphold the quality standards for…
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…
Inflows From Foreign Portfolio Investors Dropped By N37.85bn: Nigerian Exchange Limited
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…
Naira Exchange At N580 To $1
The naira exchanged to the dollar at 580 on Friday, while the Pound Sterling traded…
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…