Browsing Category
Trade
Crude Oil Prices At $100 Per Barrel Amid Declining United States Oil Stockpiles.
Oil prices remained stable as fears over weakening demand outweighed news from the industry; that revealed a!-->…
Russia-Made Goods Replacing Imports On The Country’s Shelves, Nielsen Says.
Russia-made products accounted for 83% of the country's market for common consumer goods in the first half of!-->…
Remy Confident After China Sales Rebound In June.
Remy Cointreau (RCOP.PA) said it was confident over prospects for its current financial year. This was after!-->…
UK Retailers Downbeat About Outlook For August – CBI.
British retailers are downbeat about the outlook for August as the cost-of-living squeeze weighs on demand.!-->…
Britain’s M&S Seeks Food Supply Chain Control With $173-Mln Gist…
British retailer Marks and Spencer (MKS.L) said it would acquire its key logistics services provider Gist Ltd for!-->…
Luxury Shoemaker Manolo Blahnik Wins 22-Year Trademark Battle In China
Manolo Blahnik, the shoe brand made famous by its celebrity fans and regular appearances in TV drama "Sex and the!-->…
Santander Drops Out Of Citibanamex Sale Process
Santander has dropped out of the process to buy Citigroup's (C.N) Mexican retail bank; after having previously!-->…
U.S. Banks Take Hit On Leveraged Loans As Deals Slump, Rates Rise
U.S. banks have started taking a hit on their leveraged loans' exposure as the outlook for dealmaking turns sour!-->…
Why Currency Trading Involves Major Risks
The largest trading market in the financial sector is unquestionably currency trading. It has a daily traded!-->…
Unilever Reports N1.906 Billion PAT In HY 2022 Amidst Cost Pressure
Unilever Nigeria Plc has released its unaudited financial statement for the half year ended 30 June 2022.!-->…
Ukraine Central Bank Has Sold Over $12 Billion Of Its gold Reserves During The…
Ukraine's central bank has sold $12.4 billion of gold reserves since the beginning of Russia's invasion on Feb.!-->…
Investors Selling Off Investments In Oil Futures Over Recession Fears
Hedge fund managers are selling off oil futures amid fear that projected recession could cause demand for the!-->…
Bears Maintain Dominance In The Stock Market As Valuation Dips By N16 Billion.
The NGX closed on a negative note amidst sell-offs and buy-interests as the benchmark All-Share Index (ASI)!-->…
Nigeria’s Foreign Trade Rises To N13 Trillion In Q1 2022
Nigeria’s foreign trade rose to N13 trillion in the Q1 of 2022, increasing by 11.1% from N11.7 trillion recorded!-->…
Russia’s Sberbank collapses 95% on London stock exchange as it exits Europe
Shares of Russia’s Sberbank plunged 95% on the London Stock Exchange on Wednesday to trade as low as a penny …
Areas Indian Investors Now Troop Into Tanzania
Indian investors are increasingly seeking investment opportunities in Tanzania in their quest to grab the…
Nigerian Stock: List Of Announced 2022 Dividend
As audited accounts start to trickle in, companies will propose dividend payments to their shareholders as…
Uganda Is Enjoying Monthly Trade Surplus
The latest performance of the economy report released on Monday by the finance ministry indicates that Uganda has…
Dollar Strengthens Further Against Uganda Shilling
Continued demand during Friday’s trading session led to further weakening of the Uganda shilling, with the unit…
Dangote Sugar Plc loses over N11 billion in market value in a single session
At the end of yesterday’s trading session, Dangote Sugar Refinery's share price depreciated by 5.28% to close at…
Oil Pulls Back On Fading Supply Worries Over Ukraine Crisis
Oil prices took a breather on Wednesday after surging to seven-year highs the previous session as it became clear…
Oil Prices Near $100 A Barrel Amid Russia-Ukraine Crisis
Global oil prices trade near $100 per barrel on supply disruption worries as tensions between Russia and Ukraine…
Stock market capitalisation falls to N25.41tn
The market capitalisation of equities listed on the Nigerian Exchange Limited fell by 0.12 per cent to close at…
Nigeria Recorded $1.1 Billion Foreign Trade Balance In Q4 2021
Nigeria’s foreign trade balance leapfrogged to a surplus of $1.1 billion in Q4 2021, as export value surpassed…
EU Is Nigeria’s Largest Trading Partner, Says Envoy
The European Union Ambassador in Nigeria, Samuela Isopi, has said the EU bloc is the largest trading partner and…
Naira Exchanges At N417.51 To $1 Officially
The naira continued its downward trend as the dollar was sold for N417.51 at the official market on Thursday.…
Elon Musk and Jeff Bezos, each gained $3.5 billion in a day
Elon Musk and Jeff Bezos, have seen their wealth jump on the back of strong gains despite concerns that the U.S.…
Bumper BP profits lift European stocks, euro stalled by cautious Lagarde
Bumper profits from oil giant BP helped lift European stocks on Tuesday, while the euro was pegged back as the head…
El Salvador Defends It’s Acceptance Of Bitcoin As Legal Tender
El Salvador’s government on Monday defended the country’s adoption of Bitcoin as legal tender, rejecting calls from…
NGX: Total activity level declines on reduced local and foreign investors’…
NGX Domestic & Foreign Investment report for December 2021, The total value traded on the local bourse declined…