Futures Tepid After S&P 500 Ends At Record Level
U.S. stock index futures were subdued on Friday as a rise in bond yields weighed on richly valued technology stocks…
Category: Opinion
Some Hong Kong Lawmakers Criticise Plans To Mask Company Directors’ Data
Several Hong Kong lawmakers on Friday raised concerns that proposals to restrict public access to information about directors of companies…
Volkswagen Loses $125 Million Fine Appeal For Emissions Breach In Australia: Regulator
Australian competition regulator said on Friday the federal court dismissed Volkswagen’s appeal against a record A$125 million ($95.1 million) fine…
Roughly 500 Ballots Challenged In Amazon’s Landmark Union Election
Roughly 500 ballots submitted in Amazon.com Inc’s landmark union election have been challenged in a contest that will determine whether…
China Will Take Necessary Measures To Uphold Rights Of Chinese Companies
China said on Friday it would take necessary measures to uphold the rights and interests of Chinese companies, after the…
Oil Prices Edge Down As Investors Weigh Rising Supplies, Demand Outlook
Oil prices edged down on Friday as investors weighed rising supplies from major producers and the impact on fuel demand…
ECB’s Schnabel Warns Against Blocking The EU’s Recovery Fund
European Central Bank board member Isabel Schnabel has warned against attempts to block the European Union’s Recovery Fund, saying such…
China’s Auto Sales Surge 75% In March, 12th Straight Monthly Gain
Auto sales in China surged in March for their 12th consecutive month of gains, as the world’s biggest car market…
Central Bank Nigeria Freezes Another 194 Accounts Of Firms, BDCs, Others
The Central Bank of Nigeria on Thursday said it got orders from the Federal High Court, Abuja division, to freeze…
A Basic Knowledge Of The Nigerian Stock Exchange Demutualisation
The recent news of the demutualisationof the Nigerian Stock Exchange flooded the markets with great excitement following its long anticipation.…
Microfinance Banks Seek Extension Of Recapitalisation Deadline
Microfinance banks in Nigeria will not be able to meet up with recapitalisation requirement of the Central Bank of Nigeria, within…
Nasdaq Futures Gain 1% Ahead Of Weekly Jobless Claims Data
Futures tracking the Nasdaq jumped about 1% on Thursday, as tech-related stocks climbed ahead of weekly jobless claims data, while…
Dollar Trades Near Two-Week Low As U.S. Yields Fall
The U.S. dollar traded near its lowest in more than two weeks versus major peers on Thursday, tracking Treasury yields…
Cut The Debt Of Poor Countries, Pope Tells IMF, World Bank
Pope Francis has told world financial chiefs that poor countries hit by the economic impact of the coronavirus need to…
World Leaders Are Making Progress On A Huge Global Tax Overhaul
For years, world leaders have been trying to launch a historic overhaul of global tax rules, aiming to tackle an unwieldy system…
Kano NLC Suspends Proposed Strike, Accepts N18,000 Minimum Wage
Nigeria Labour Congress (NLC) has suspended its proposed industrial action after accepting the Kano State Government’s decision to revert salaries…
Where Tech And Tradition Meet For Smart Investing
The physical restrictions of the coronavirus pandemic have hammered home to us all just how much we need digital services…
Dangote Launches Drivers’ Training Centre To Curtail Crashes
As part of measures to curb road traffic crashes (RTC), the Dangote Cement Plc has launched a drivers’ training centre…
Brexit Weighs On French Exports To Britain In February – Customs Office
French exports to Britain picked up 4% in February but were still at only 84% of the monthly average of…
Pensioners May Picket Airports Over Payment Disparity
The Nigerian Union of Pensioners, Federal Airports Authority of Nigeria branch, has concluded plans to embark on a nationwide protest…
Nigeria Heading For The Brink, Mohammed Warns, Urges Restraint
With growing insecurity across the country, secessionist agitations and ethno-religious crisis, the Minister of Information and Culture, Alhaji Lai Mohammed,…
Czech PM Babis To Appoint New Health Minister – CTK News Agency
Czech Prime Minister Andrej Babis will replace Health Minister Jan Blatny on Wednesday, the CTK news agency reported. CTK said…
$2bn FX Backlog: Experts Suggest Way Out
FOLLOWING an estimated $2 billion unmet Foreign Exchange (FX) demand, finance and economic experts have expressed concern that FX challenges…
IMF Excludes Nigeria From Debt Relief
Nigeria has been excluded from the list of 28 countries granted debt pardon by the Executive Board of the International…
Oil Rebounds On Robust Economic Data
Oil prices rose on Tuesday supported by strong economic data from China and the United States, recouping some of the…
NIRSAL Recovers 51 Per Cent Of Legacy Loans
The Managing Director, Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL Plc) Aliyu Abdulhameed has recovered 51 per cent…
Brookfield, BlackRock No Longer In Race For Over $10 Billion Aramco Pipeline Stake – Sources
U.S. asset manager BlackRock and Canada’s Brookfield Asset Management Inc are no longer in the race to buy a stake…
Fuel Marketing Companies Suffer N331.54bn Revenue Drop
Five of the major oil marketing companies in the country saw their total revenue plunge by N331.54bn last year amid…
We’ve Uncovered N50bn Hidden Debt By Amosun Govt – Ogun
The Ogun State Government says it took its diligence to discover an alleged hidden additional N50bn domestic debt left behind…