Foreign Investors Renewing Confidence In Economy, Says Adebayo
The Minister of Industry, Trade and Investment, Mr. Niyi Adebayo yesterday said the economy was coming back…
Naira Trades At N528/$1 In Streets Despite Oil Price Uptick Ahead OPEC+ Meeting
The Nigerian Naira has slumped to an all-time low of N528 to the dollar in street trading as pressure continues to…
OPEC+ Sticks With Planned Supply Hike As Oil Demand Improves
OPEC and its allies agreed to stick to their existing plan for gradual monthly oil-production increases after a…
France Fines U.S. Bank JP Morgan $29.6 Mln In Tax Fraud Settlement
U.S. bank JP Morgan has agreed to a 25 million euros ($29.6 million) fine in a settlement of a tax fraud case,…
U.S. Weekly Jobless Claims Fall; Layoffs At 24-Year Low
The number of Americans filing new claims for jobless benefits fell last week, while layoffs dropped to their…
President Xi Says China To Set Up Stock Exchange In Beijing
China's President Xi Jinping on Thursday (Sept 2) said the country would set up a stock exchange in its capital,…
WhatsApp faces $267M Fine For Breaching Europe’s GDPR
It’s been a long time coming but Facebook is finally feeling some heat from Europe’s much trumpeted data protection…
South Africa:Telkom’s Openserve Unit to Terminate DSL Services From 1 October
Telkom South Africa’s Openserve wholesale unit has informed its ISP partners of its plan to cease offering…
Nigerian Communications Commission (NCC) To Hold Public Inquiries On Three Draft…
The Nigerian Communications Commission (NCC) will hold a public inquiry on three draft regulations and…
Central Bank Of Nigeria Clarifies Reports of Non-Remittance of 80% surpluses into…
The Central Bank of Nigeria (CBN) has denied allegations that it failed to remit 80 per cent of its operational…
Banning Fossil Fuel Investments Will Hurt Nigeria
The Vice-President, Prof. Yemi Osinbajo, has said the banning or restriction by a growing number of wealthy nations…
NAICOM Stops Manual Processes For Insurance Companies
The National Insurance Commission has issued a directive to transit from manual to online processing and all…
China Bans Reality Talent Shows
China banned reality talent programmes Thursday and ordered broadcasters to promote more masculine representations…
Nigeria’s Eurobonds Debts Rise By $9.37bn In Five Years
Commercial loans obtained by Nigeria through Eurobonds rose from $1.50bn as of December 31, 2015 to $10.87bn as of…
Stock Futures Are Muted as September Gets Off To a Slow Start
U.S. stock futures were little changed early Thursday morning after the S&P 500 finished the first trading…
Nio And Xpeng Deliveries Fall in August As Chip Shortage Hits China’s Electric…
Nio and Xpeng deliveries dropped in August as the chip shortage and supply chain constraints hit the Chinese…
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…