Central Bank Of Nigeria Monetary Policy Meeting Outcome
The Monetary Policy Committee of the Central Bank of Nigeria (CBN), rose from its 138th meeting on Friday, with a…
Category: Market
U.S. Examine Possible Insider Trading At Binance
U.S. officials are examining possible insider trading and market manipulation at Binance, Bloomberg News reported on Friday, potentially adding more…
Wall Street Closes Roller-Coaster Week Sharply Beneath
U.S. stocks ended sharply lower in a broad sell-off on Friday, ending a week buffeted by strong economic data, corporate…
World Bank China Rigging Scandal Flutters Investors
Some investors and campaigners expressed dismay on Friday at revelations that World Bank leaders pressured staff to boost China’s score…
Pound Hang Back In Face Of Early BoE Hike
Although markets have become increasingly aggressive in pricing a UK interest rate rise as soon as next May – several…
Singapore Exchange New Rules Allow Special Purpose Acquisition Company (SPACs) To List On Its Platform
The Singapore Exchange could receive its first application for a SPAC listing in “the next couple of weeks,” Chief Executive Loh Boon…
European Market Outpace Other Major Market
European markets advanced on Friday, outpacing other major markets as global investors continue to weigh the prospect of slowing economic…
YOA Insurance Brokers: Best Insurance Broker Nigeria 2021
CFI.co declares YOA Insurance winner of the 2021 award for Best Insurance Broker. The current Managing Director, Mrs Enitan Solarin,…
Apple IPhone 13 Gets Over 2 Million Pre-Order From Chinese Consumer
More Chinese consumers are rushing to order Apple’s latest iPhone now than last year, according to a South China Morning…
Stock Market Experiencing Gradual Slow Down
The land mines for the markets are becoming more numerous. Seasonal weakness is combining with continuing uncertainty over the impact…
Debt Management Office Disclose Nigeria’s Public Debt
The Debt Management Office (DMO) has disclosed that Nigeria’s public debt, comprising domestic and external obligations of the Federal Government,…
United State Treasury Yields Rise Ahead Of Jobless Claims Figures
United State Treasury yields rose slightly on Thursday morning, ahead of the release of weekly jobless claims data. The yield…
Nigeria: Dollar Scarcity Thwart Sale Of Shell Petroleum Asset
The Chief Executive Officer of the Guaranty Trust Holding Company Plc, Mr Segun Agbaje, has said that Nigerian lenders likely…
Nigeria: Composite Food Inflation Rise By 20.30%
The National Bureau of Statistics on Wednesday said that the composite food index rose by 20.30 per cent in August…
China’s Yuan Falls On COVID-19 Outbreaks In Fujian, Disappointing Data
The yuan eased against the dollar on Wednesday, as outbreaks of coronavirus Delta variant infections raised concerns over China’s economic…
Federal Government Of Nigeria In Partnership With Konga
The Minister of Youth and Sports Development Sunday Dare during the signing of a landmark partnership between Konga and the…
Canadian Dollar Increased As Softer U.S. Inflation Data Clips Greenback
The Canadian dollar on Tuesday strengthened against its U.S. counterpart for a second day as oil prices rose and data…
Fail Retail Demand For U.S. Stocks Could Hit S&P 500
Retail investors’ appetite for U.S. stocks has fallen in the past week, data from Vanda Research showed on Wednesday, increasing…
Naira Depreciates Further In The parallel market; Exchanges At N557 To $1
Naira depreciates as the exchange rate at the parallel market depreciated again to another all-time low on Tuesday to close…
U.S. Import Values Post their First Decline In Ten Months
U.S. import prices fell for the first time in 10 months in August amid a decline in the costs of…
Goldman Sachs Expand By Acquiring “Buy Now Pay Later Fintech” Greensky
Goldman Sachs is acquiring digital lender GreenSky for $2.24 billion as the investment bank pushes further into consumer finance. Greensky shares soared higher…
Weber, Microsoft, Canadian National Railway Are Stocks Leading In Pre-Market
Weber (WEBR) – The grill maker’s stock jumped 3.8% in the premarket, following its first quarterly report since going public…
Singapore: Carousell An Online Marketplace Is Now Valued At $1.1 Billion
The Singapore-based Carousell said it is now valued at $1.1 billion — which makes it Southeast Asia’s latest unicorn, a start-up worth more than a billion dollars.
China Data Casts A Fall Over Global Recovery, Prompting A Sharp Increase In UK Prices
Global stocks eased on Wednesday as weaker-than-expected Chinese data cast a pall over economic recovery and a spike in UK…
Nigeria Cryptocurrency Market Experience Over 1000% Growth In One Year
The cryptocurrency market in Nigeria and other African countries have grown by 1200 per cent in one year. This was…
Nigeria’s Inflation slides For Five Consecutive Month
The Consumer Price Index which measures inflation rate fell to 17.01 per cent in August, the National Bureau of Statistics…
US Inflation Data Shows a Mixed Treasury Yeild
United State Treasury yields were mixed on Wednesday morning, following data which showed lower-than-expected inflation. The yield on the benchmark…
Affirm Holdings, Toyota Motor And Others Are Making Moves In Pre-market
Affirm Holdings (AFRM) – Affirm soared 22.4% in the premarket as the “buy now, pay later” company’s revenue easily topped estimates.…
Traders Chase Russian Oil To Fill U.S. Hole After Hurricane Ida
Trading houses are rushing to supply Russian Urals crude to the United States where oil production was hammered by Hurricane…
Oil Rallies To $73 On Tight U.S. Supplies
Oil rose to around $73 a barrel on Friday, supported by growing signs of supply tightness in the United States…