Half Of Britons Buy Less Food As Prices Surge
Almost half of British people have cut back on food purchases as prices surge; while others are having to spend…
Nigerian Banks Loan N3 Trillion To The Private Sector In 6 Months
Banks’ credit to the private sector hit its highest level in May 2022, reaching N38.19 trillion from N35.19…
DeFi Ecosystem Lost $156 Billion In Total Value Locked In Q2 2022
Currently, the cryptocurrency space has lost a great deal; especially with Bitcoin posting its worst quarterly…
Airtel Reduces Debt To Parent Company By $450 Million
Airtel Africa announced that it has redeemed up to $450 million out of the $1 billion loan it owes to its…
Naira Falls At I&E Window Despite Massive Improvement In Dollar Supply
The exchange rate between the naira and the US dollar closed at N428.16/$1: which at the Investors and Exporters…
Ardova Plc Blames Subsidiaries For N3.8 Billion Full Year Loss
Oil and gas retail giant, Ardova Plc reported a loss of N3.8 billion for the year ended December 2021. This…
Debt Management Office Lists $1.25 Billion Eurobond On NGX, FMDQ
The Debt Management Office (DMO) has announced plans to list the 8.375%, $1.25 billion; March 2029 Eurobond on the…
Neimeth To Commence N3.67Billion Right Issue In August 2022
Neimeth International Pharmaceuticals Plc has concluded arrangements to commence its N3.67 billion right issue; to…
Stock Market Closes Flat, Valuation Up By N12 Billion
The NGX closed on a flat note amidst sell-offs and buy-interests as the benchmark All-Share Index (ASI)…
Ghanaian Cedi Drops By A Whopping 30% Against The US Dollar In 6 Months
The Ghanaian cedi has lost 30.56% against the US dollar in 6months. The drop in the Cedi comes despite Ghana’s…
China Tightens Rules On $1.3 Trln Credit Card Business
China unveiled tighter rules to better regulate its $1.3 trillion credit card industry; further urging lenders to…
Concerns As 121 Firms Delisted From Nigeria’s Stock Exchange In 20 Years
According to data got from the Exchange; they has delisted 121 quoted companies from the official list of Nigerian…
FG Approves N22.45bn For Petroleum, Environment Ministries- Nigeria.
The Federal Government, approved of N22.45bn for projects in the Ministries of Petroleum Resources and…
Kenyan Court Freezes Accounts Belonging To Flutterwave, Others Over Alleged Money…
A Kenyan High Court has seized Sh7 Billion ($59 million), from 56 accounts belonging to fintechs including…
Bitcoin Above $20K For Third Day In A Row As Avalanche Posts Decent Gains.
The price of the most valuable crypto by market value was around $20.5K, as it stayed above the key support level…
Senate Vows To Support AMCON’s Debt Recovery Drive
The Chairman Senate Committee on Banking, Insurance and other Financial Institutions, Senator Uba Sani; has…
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)…
Merck In Advanced Talks To Buy Seagen In Nearly $40-Billion Deal – WSJ
Drugmaker Merck & Co is in advanced talks to buy cancer-focused biotech company Seagen Inc in a deal; that…
Brent Falls Below $100 For The First Time Since April 2022.
The price of the global benchmark has fallen to a level not traded in 12 weeks. As a result of volatile trade at…
Rihanna Breaks Records To Become The Youngest Self-Made Billionaire At $1.7…
Musician turned business mogul, Rihanna has just become America’s youngest self-made billionaire with $1.7…
UK House Prices Surge By 13%, Most Since 2004, Halifax Says
House prices in Britain rose by the most since 2004 in the 12 months; leaping by 13% as better-off households…
Tesla Sold 78,000 China-Made Vehicles, Up 142%
U.S. electric vehicle maker Tesla Inc (TSLA.O) sold around 78,000 China-made vehicles; preliminary estimates…
Credit Suisse Names New Head Of Swiss Private Banking.
Credit Suisse (CSGN.S) said it was naming Roger Suter its new head of private banking in Switzerland. Succeeding…
Sri Lanka c.Bank Raises Rates, Targets Inflation Despite Contraction In Economy
Sri Lanka's central bank raised key interest rates to the highest in two decades to bring down record inflation;…
Logistics Firm Declares Profit Growth Of 87%
Red Star Express Plc has declared N413.9m as its group profit before tax for the year ended March 31, 2022. This…
Hungary’s Retail Sales Rise By 11.1% In May
Hungary's calendar-adjusted retail sales rose by an annual 11.1% in May following a revised 15.7% increase in…
Greek April Retail Sales Rise 10%, Led By Apparel
Greek retail sales by volume rose 10% in April compared to the same month a year earlier after a 12.3% rise in…
20 Directors Jostle To Replace Fired AGF
The Federal Government has issued a circular to appoint a new and substantive Accountant-General of the…
Nigeria’s Central Bank Says Both Merchant And Consumer Can Now Present QR Codes…
The Central Bank of Nigeria has announced a significant adjustment to the Quick Response (QR) Code Framework.…
Debt, Inflation, Forex killing Economy, LCCI Warns FG- Nigeria.
The Lagos Chamber of Commerce and Industry has warned the Federal Government to find urgent solutions to the…