European Markets Lackluster As Markets Gear Up For U.S. Jobs Data; Swedish Orphan…
European stocks edged higher on Thursday morning as investors geared up for the next reading of U.S. nonfarm…
European Central Bank To Announce Tapering In December, Analysts Say
The European Central Bank will announce the reduction of its Covid-related stimulus in December, four analysts…
S&P 500 Closes Flat On First Day Of September, Nasdaq Ekes Out A Record Close
The S&P 500 closed the first trading day of September near the flatline as the strength in technology shares…
Private Payrolls Increase By Just 374,000 in August, Far Short Of The 600,000…
U.S. companies created far fewer jobs than expected in August as the Covid resurgence coincided with cutbacks in…
Shares In Asia-Pacific Mixed; Australia Records Higher-Than-Expected Trade Surplus…
Shares in Asia-Pacific were mixed in Thursday trade as Australia reported a higher-than-expected trade surplus in…
Apple Will Let Some Apps Guide Users To Websites To Make Payments, Bypassing…
Apple on Wednesday said that some apps will be allowed to provide a link to their websites to prompt users to sign…
Chinese Regulators Summon 11 Ride-Hailing Firms, Including Didi, Over ‘Illegal…
Chinese regulators have summoned and interviewed 11 ride-hailing firms asking them to rectify non-compliant…
Nigeria: NNDC’ll Pay Shareholders Dividend, Says Chairman
The Chairman, Board of Directors of New Nigeria Development Company Limited, Tanimu Yakubu, has said the company’s…
Financials Took S&P 500 Leadership In August, And Traders See Continued…
Financials led the market in a red-hot rally in August.
The sector gained 5% last month, narrowly edging out…
Virgin Galactic ‘Could Really Take Off’ If It Breaks Above This Level, Trader Says…
Virgin Galactic could be setting up for a sustained move higher.
Jefferies initiated coverage of the space…
Stocks Making The Biggest Moves Midday: Uber, Apple, Wells Fargo And More
Ambarella — Shares of the semiconductor company surged 20% after Ambarella beat expectations on the top and bottom…
Nigeria: IDB, Others Earmark $520m For Nigeria’s Agro-Industrial Zones
The Senior Special Adviser to the President of the Africa Development Bank on Industrialisation, Prof Banji…
New Law Stokes Tension In Nigeria’s Blighted Oil Delta
Local communities in Nigeria's Delta Region have spent years waiting for lawsuits against foreign oil companies for…
Dollar Weakens After ADP Miss, Euro Hits Fresh One-Month High
The dollar fell against a basket of major currencies on Wednesday after a report on the U.S. labor market fell well…
Dangote Refinery Complex In Nigeria Set To Cost $19 Billion
A giant oil refinery complex being built in Nigeria by a company owned by Aliko Dangote, Africa’s richest person,…
South African Factory Mood Rises As Economy Steadies After Riots
An index measuring South African factory sentiment jumped by a record in August as conditions normalized after…
External Reserves Gain $500m In One Week, Near $34bn
Nigeria’s external reserves rose by $500m in one week to the highest point in more than two months, according to…
Uniform Men Extorting Importers At Ports, Says NPA Boss
The Acting Managing Director, Nigeria Port Authority (NPA), Mohammed Bello-Koko, on Tuesday accused Naval personnel…
‘$3.35b SDR To Bring Forex Market Under Control’
EFG Hermes, financial services corporation in frontier emerging markets, says the release of the $3.35 billion…
CBN Announces New Appointments
The Central Bank of Nigeria (CBN) has confirmed the appointment of Mr. Osita Nwanisobi as the Director, Corporate…
Yuan Edges Down After Weak Factory Activity, Awaits More Cues
China's yuan softened against
the U.S. dollar on Wednesday, after signs of slowdown in factory
activity and on…
Online Dating Company ParshipMeet Prepares For IPO In 2022
Rivals such as Bumble and Tinder-owner Match Grouping trade at about 50 times their expected core earnings. That…
Hewlett Packard Enterprise Wins $2Bln Computing Service Deal With U.S. National…
Hewlett Packard Enterprise Co (HPE.N) on Wednesday said it won a 10-year, $2 billion contract to supply…
Google Appeals France’s ‘Disproportionate’ $591 Million Fine In…
Google (GOOGL.O) said on Wednesday it was appealing against a 500 million euro ($591 million) fine imposed by…
Adesina Hails Singapore’s Huge Investments In Africa
Akinwumi Adesina, president of the Africa Development Bank (AfDB), has hailed Singapore’s huge investments in…
Nigerian Banks Ask Customers To Return Unutilised Dollars Within 2 Weeks
Nigerian banks have asked customers to return unutilised dollars within two weeks from the day of purchase, in…
Oil Price Firms Before OPEC+ Policy Meeting
Oil prices rose on Wednesday before an OPEC+ meeting at which the producer club is expected to stick to a plan to…
Dutch E-bike Maker Van Moof Raises $128 Million To Expand
Dutch electric bicycle maker Van Moof on Wednesday said it has raised $128 million to expand production and speed…
FG Disburses N56.8bn To One Million MSMEs
The Federal Government has said that it has disbursed N56.8bn to one million Micro, Small and Medium Scale…
Power Losses Stifle Oil firms Recovery Efforts After Hurricane Ida
Energy companies' efforts to get workers back to production platforms and refineries to make repairs after…