Stocks Making The Biggest Moves Premarket: Dick’s Sporting, J&J, Express,…
Dick’s Sporting Goods (DKS) – The sporting goods retailer’s shares jumped 4.9% in the premarket, as its quarterly…
Ray Dalio Is Wrong About China’s Tech Crackdown, Economist Says
China expert George Magnus disagrees with Bridgewater Associates’ Ray Dalio on Beijing’s tech crackdown.
In…
Nigeria: FG Releases N1.3trn To Fund 2021 Capital Budget
The federal government has released N1.3 trillion to fund part of the 2021 capital expenditure budget of its…
Nigeria: Reps Direct PPPRA To Produce Consumption, Revenue Remittances Records
The House of Representatives committee on Finance has directed the Pipeline Products Pricing Regulatory Agency…
Nigeria: Ending Subsidies Puts Nigeria On Fiscal Sustainability Path
A former Governor of the Central Bank of Nigeria (CBN) and a former Emir of Kano, Sanusi Lamido Sanusi, has called…
Nigeria: Facebook Extends Marketplace Initiatives To 37 SSA Countries
Facebook has extended its marketplace initiatives to 37 countries and territories in sub-Saharan Africa. Already…
South Africa, Namibia, Nigeria Top Global Unemployment Rates – Report
Nigeria has the third highest unemployment rate at 33.3 per cent, while South Africa has the highest rate among a…
Nigeria: NGX Securities Lending Market Value Rises To N513m
According to NGX’s most recent report, there has been an uptick in stakeholders’ participation as 2.3 million units…
Nigeria: Capitalisation Rises By N13 Billion As NGX Marks Diamond Jubilee
Despite price losses that outweighed gains, the bulls upstaged the bears at the end of yesterday’s transactions on…
Nigeria: LivingTrust Mortgage Bank To Offer 750 Million Shares
LivingTrust Mortgage Bank Plc has announced that it will offer 750 million ordinary shares to the public to address…
Nigeria: Collaboration Between Registrars And Capital Market Operators, Key To…
Collaboration between Registrars and Capital Market Operators is vital to reducing the high cases of Unclaimed…
Hunters Brings In $30M Series B To Grow XDR Security Tech
With the growing volume of ransomware and supply chain security attacks, there is a need for…
Stocks, Futures Steady; China Tech Rebound Stalls: Markets Wrap
Stocks and U.S. futures were steady as a rebound in Chinese technology shares stalled and markets settled into a…
European Shares Subdued Ahead Of Fed Summit
European markets were muted on Wednesday, tracking global sentiment as investors await a key meeting of central…
The U.S. Is Reviewing Its Trade Policy With China
Seven months since U.S. President Joe Biden took office, his administration has yet to establish a trade policy…
Treasury Yields Edge Higher As Investors Gear Up For Fed Summit
U.S. Treasury yields edged higher on Wednesday morning, as investors geared up for the Federal Reserve’s Jackson…
Biden To Host Tech, Finance And Energy CEOs For Security Summit At White House…
President Joe Biden will meet Wednesday with top executives from several of the largest companies in tech,…
Retail Trading Apps In Nigeria Face A Defining Moment
There are four startups that allow Nigerians to invest in shares of public companies on US exchanges. But unlike…
Smuggling: NCS, NSA Grant Border Stations Waivers, Says DPR
The Department of Petroleum Resources has faulted the claim by the Nigeria Customs Service that it was partly…
South African Unemployment Rate Rises To Highest In The World
South Africa’s unemployment rate surged to the highest on a global list of 82 countries monitored by…
IMF’s $650bn Reserves Liquidity Support For Nigeria, Others Takes Off
The International Monetary Fund (IMF) has announced the take-off of its $650 billion set aside under its special…
Oil Extends Gains On Brighter Demand Outlook, Mexico Outages
The International Monetary Fund (IMF) has announced the take-off of its $650 billion set aside under its special…
Discos Beg Customers As Blackout Worsens On Grid Collapse
The national power grid has collapsed for the second time in less than a month, worsening the blackout being…
Investors’ Lose N25bn As Stock Market Open Week Negative
Trading at the Nigerian equities market extended last week’s negative performance to the beginning of…
Gas Consumption Lowest In Nigeria Despite 206 Tcf Reserves
Despite boasting of a 206 trillion standard cubic feet of gas reserves and topping major countries, Nigeria’s per…
Dollar Holds Near Five-Day Low; Kiwi Dollar Picks Up After Hawkish Comments
The dollar was steady on Tuesday, holding near the previous session’s five-day low, as markets appeared less…
Sterling Holds Gains Vs. Dollar After Risk-Led Rebound
Sterling edged lower against the dollar on Tuesday, but held most gains made against the greenback on the back of a…
Agusto Report: CBN’s Standardised CRR Shook Banks’ Profitability In 2020
Nigeria’s foremost research house and rating institution, Agusto & Co Limited has disclosed that Central Bank…
Exclusive U.S. SEC To Scrutinize Firms’ Digital-Eengagement Practices As…
The U.S. Securities and Exchange Commission (SEC) will seek input on whether digital customer engagement…
Goldman Sachs Raises Odds On U.S. Fed Taper Announcement In Nov
Goldman Sachs economists have raised the odds that the U.S. Federal Reserve will announce the start of tapering its…