Dollar Holds Gains After Hawkish Fed Comments
The dollar held most gains against basket of currencies on Thursday after hawkish comments from the U.S. Federal…
FG Considers Blueprint To Reposition Free Trade Zones
Trade Zones - PUNCH
AUGUST 05, 2021
BY Amarachi Orjiude
The Federal Government has called on…
Merits In CBN Stoppage Sales Of Forex To BDCs
The latest Central Bank of Nigeria’s (CBN) decision to stop the sale of forex to Bureau De Change (BDC) operators…
Tech’s Pandemic Boom Is Coming To An End
The Covid boom times are coming to an end for tech companies.
After reporting eye-popping growth throughout 2020…
Iran’s Hardline Cleric Ebrahim Raisi Sworn In As President Amid Slew Of Tensions
Iranian cleric Ebrahim Raisi has been sworn in as the Islamic Republic’s new president against the backdrop of…
Dr Anthony Fauci Warns More Severe Covid Variant Could Emerge As United State…
White House chief medical advisor Dr. Anthony Fauci has warned that a more severe Covid variant could emerge as the…
Biden To Aim For 50% EVs By 2030 With Industry Support
U.S. President Joe Biden will sign an executive order on Thursday aimed at making half of all new vehicles sold in…
Target To Pay 100% Of College Tuition And Textbooks In Bid To Attract Workers
Target said Wednesday it will offer new perks to woo workers: a debt-free way to get a college degree and…
Stock Futures Rebound As Investors Await More Jobs Data
Futures contracts tied to the major U.S. equity indexes were mildly higher Thursday morning as Wall Street looked…
Jobless Filings match estimates while continuing claims tumble below 3 millio
Initial claims for unemployment insurance edged lower last week, meeting Wall Street expectations, the Labor…
States Are Implementing New Educational Standards, Signaling The End Of Common…
America is preparing for a return to school this fall semester, but curriculums might seem a bit different than…
Futures Rise Head Of Weekly Jobless Claims Data
U.S. stock index futures rose on Thursday ahead of data expected to show fewer Americans filed for unemployment…
ByteDance To Close Some Tutoring Ops After Clampdown – Sources
TikTok owner ByteDance told employees on Thursday it planned to lay off staff in its education business and close…
Tesla Chair Denholm Sells Shares Worth More Than $22 Mln
Tesla Inc (TSLA.O) chair Robyn Denholm sold more than $22 million worth of shares in the electric-car maker after…
Stocks Making The Biggest Moves Premarket: Moderna, Cigna, Penn National, Wayfair…
Moderna (MRNA) – Moderna shares fell 2.4% in the premarket, despite reporting better-than-expected earnings and…
Sterling Steady Above $1.39 Before Bank Of England Meeting
Sterling steadied around $1.39 against the dollar on Wednesday, buoyed by risk sentiment in markets, optimism over…
Robinhood Retreats After Monster Rally This Week As Sockholders File To Sell 97.9…
Robinhood said on Thursday in an amended filing that existing shareholders will sell up 97.9 million shares over…
Huawei Cloud Ranked World’s 5th Largest LaaS Provider
Huawei Cloud IaaS revenue surged by 202.8 per cent, placing it in the top five list of cloud IaaS providers in the…
Google’s New Policy Allows Crypto Ads To Be Run Again
Following the enforcement of Google’s new policy set out in its financial products and services section on Aug. 3,…
Koo, India’s Microblogging Platform Begins Move To Register In Nigeria
Indian microblogging app, Koo, has disclosed plan to formally register in Nigeria.
The app became popular in…
Twitter ban: Nigerians Lose N150.46bn In Two Months
Nigeria businesses may have lost N150.46bn ($366.88m) since the Federal Government’s ban on Twitter took effect in…
Federal Executive Council Approves $11.174bn For Construction Of Lagos-Calabar…
The Federal Executive Council (FEC) has approved $11.174 billion for the construction of a standard-gauge coastal…
Privatization: Nigeria Aims To Put 36 State Assets In Private Hands
The Bureau of Public Enterprises (BPE), Nigeria’s privatisation agency, intends to sell 36 state-owned assets in…
Nigeria’s Foreign Reserve Rises By $79.1 Million In July 2021
Nigeria’s foreign reserve closed the month of July 2021 at $33.4 billion, appreciating marginally by $79.1 million…
‘Investors To Exploit Opportunities In N100b Infrastructure Fund’
Stanbic IBTC Asset Management Limited, a subsidiary of Stanbic IBTC Holdings Plc has stated that its N100 billion…
Federal Government Of Nigeria Appoints Eight Transaction Advisers For $6.2bn…
Preparatory to the issuance of N2.343 trillion ($6.2 billion) Eurobonds in the International Capital Market (ICM)…
Markets Are Set For A Correction And Japan Could Be Among The Hardest Hit, Warns…
Stock markets are set to see losses ahead, and Japanese stocks could wind up being the hardest hit, warns SEB’s…
Biden To Push For Electric Vehicles To Make Up 40% Or More Of United State Auto…
President Joe Biden will set a new national target for the adoption of electric vehicles on Thursday, calling for…
European Markets Inch Higher As Investors Watch Earnings, Bank Of England; Adidas…
European markets inched cautiously higher on Thursday morningas investors digested more corporate earnings and…
JAIZ Bank’s Profit Grows By 70%
Jaiz Bank Plc has said its profit after tax rose by 70.1 per cent growth to N1.9bn in the first half of 2021 from…