Nigeria’s Inflation slides For Five Consecutive Month
The Consumer Price Index which measures inflation rate fell to 17.01 per cent in August,…
Category: Market
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.…
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”…
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…
Oil Rallies To $73 On Tight U.S. Supplies
Oil rose to around $73 a barrel on Friday, supported by growing signs of supply…
Oil Bounce, Futures Push Upwards After Biden-Xi Call
U.S. stock index futures rose on Friday, as signs of an easing in tensions between…
General Motor Doubles Chip Shortage Impact To 200,000 Vehicles In Second Half
General Motors’ vehicle sales and production will be hit harder by the global chip shortage…
Amazon Hourly Employees Set To Enjoy 100% Tuition Fee
The e-commerce giant is following the lead of other large United state companies who are…
Tech Stocks, Rising Marketplace Debt See Inflows On “Stagflation” Bets
Investors rushed to scoop up emerging market debt and technology shares in the week to…
U.S. Treasury Weather Legitimate Seeks Coverage Adjustments For Severe Weather
Climate-related weather events are costing American households, businesses and insurers billions of dollars in losses,…
Lira Falls Further On Dovish Central Bank Comments
Turkey’s lira fell further on Thursday after logging its worst session in four months in…
Former Wells Fargo Executives Square Off With Regulator In Trial Over Bank Account Scandal
The civil trial of three former Wells Fargo & Co employees over their alleged roles in…
Nigeria’s 36 States Generated 5.3 Trillion Naira Revenue And Got 10.19 Trillion FAAC Allocation In 5 Years
The 36 states in Nigeria earned N5.30tn as internally generated revenue from 2016 to 2020.…
Nigerian President Halts The Payment Of $418 Million To Paris Club Refund
President Muhammadu Buhari has placed the controversial payment of $418 million to consultants over the Paris…
Nigeria: Investors Wealth Continues To Dip
Following sustained sell-off in the shares of most highly capitalised stocks, the Nigeria Exchange Limited…
Nobel Winner And Economist Stiglitz Says US Federal Reserve Chief Powell Should Go
For U.S. President Joe Biden to be true to his agenda he should not renominate…
Fear Over Gaming Restrictions Causes Loss Of Share Price
Shares of Tencent and Netease plunged on Thursday after Chinese regulators called them and other…
Pound Sterling Steadies As UK Parliament Backs Tax Hike
Sterling ticked higher on Thursday after British lawmakers backed Prime Minister Boris Johnson’s tax hikes…
Canada Holds Interest Rates, Still Sees Economic Recovery
The Bank of Canada left rates unchanged on Wednesday and said it expects growth to…
Price Of Natural Gas Jumps To Seven Year High
U.S. natural gas futures soared to a seven-year high amid escalating concerns about tight supplies…
PayPal And Japanese Credit Specialist Paidy In Talks
US online payment giant PayPal is set to buy the online Japanese credit specialist Paidy…
Technology Startups And Others In Nigeria Raise $1.6bn Funding
Africa’s technology ecosystem has raised $1.6bn in 2021 so far, compared to $701.5m in 2020,…
Nigeria Exchange Lists Potentials As Green Bonds Market Hits $136m
The value of Nigeria’s green bonds market has hit $136 million within three years with…
Analysis: With GameStop Earnings On Tap, Options Traders Bet On Muted Moves
Options traders are expecting comparatively subdued moves in GameStop Inc shares around its earnings report,…
Mortgage Rate Stagnancy Leads To Lowest Fall in Two Months
Mortgage rates appear to be stuck in a holding pattern, giving borrowers no particular incentive…
Intel Invest €80 Billion In Boosting Europes Chip Capacity
Intel Corp on Tuesday said it could invest as much as 80 billion euros in Europe…
Europe: Stocks Markets Recede, Battle Of Nerves Over Growth Concern
The pan-European Stoxx 600 fell 1.3% by mid-morning, with autos dropping 1.8% to lead losses…
Automated Checkout Introduced At Whole Foods Stores – Amazon
Amazon is introducing its automated checkout technology to two Whole Foods stores, the company announced…
China’s Central Bank Applies Brakes On Planned Economic Stimulus
China’s central bank policymakers pushed back Tuesday on expectations they would take aggressive measures to…
Wall Street Worried Over Slowing Economy Recovery
The Dow Jones and S&P 500 fell on Tuesday, as worries over the slowing pace…