Equities Rally N388b In Three Days
NIGERIAN equities has gained N388 billion so far this week as continuing bargain-hunting amid steady third quarter…
Rising Against Extortion At Airport
A Nigerian who recently arrived the country from the Nnamdi Azikiwe International Airport, Abuja has petitioned…
Sterling Pinned Near $1.29 As Investors Await Fresh Catalysts
Sterling traded in tight ranges on Friday, pinned near the $1.29 mark against the dollar as a lack of news around…
Surge In Use Of Algorithms May Hurt Quality Of FX Prices – BIS
The growing use of computer-run algorithms to trade currencies is helping foreign exchange markets function but…
Nigeria Immigration Warns Officers Against Extortion
The Nigeria Immigration Service (NIS) has warned personnel to avoid extortion and other acts capable of tarnishing…
Fresh Oil Doom For Nigeria As Lockdowns In Europe Crash Oil Prices
Oil prices crash below $40 as Europe imposes lockdown for virus
It was another oil doom for Nigeria Thursday…
Alphabet Stock Pops 8% As Company Crushes Expectations
Google parent company Alphabet’s stock rose more than 8% in after-hours trading as it crushed expectations for both…
European Stocks Close Lower As ECB Hints At Further Stimulus; Nokia Down 20%
LONDON — European markets closed slightly lower on Thursday after a choppy trading session, as investors digest new…
Gold Slips To 1-Month Low As Dollar Gains Upper Hand
Gold prices fell to a one-month low on Thursday, extending the previous session’s sharp slide as the dollar…
Oil Falls More Than 3%, On Track For Worst Week Since April
Oil prices fell more than 3% on Thursday, extending the previous day’s sharp decline on the potential impact…
Dollar Holds Ground As Rising Covid-19 Cases Boost Safe-Haven Demand
The dollar held gains against a basket of major currencies on Thursday as escalating coronavirus cases in Europe…
Apple One Subscription Bundles Launch On Friday Starting At $14.95 A Month
Apple will launch its Apple One subscription bundles on Friday, Apple CEO Tim Cook told CNBC on Thursday. Apple One…
Treasury Yields Jump After Better-Than-Expected Economic Data
Treasury yields climbed on Thursday after economic data pointed to a continuing recovery.
The yield on the…
A New Coronavirus Variant Is Seen Spreading Across Europe, Research Says
LONDON — A variant of the coronavirus that is believed to have originated in Spain has spread across Europe and now…
Apple Falls As Strong iPad And Mac Sales Fail To Make Up For iPhone Decline
Apple reported fourth-quarter earnings on Thursday that slightly exceeded Wall Street expectations, but the company…
Netflix Raises Prices On Standard And Premium Plans
Netflix on Thursday raised the prices of its standard and premium plans to $13.99 and $17.99 per month,…
Amazon Reports Sales Growth Of 37%, Topping Estimates
Amazon reported better-than-expected third-quarter results after the bell on Thursday, including soaring profits…
Mnuchin Accuses Pelosi Of Pulling A ‘Political Stunt’ As Stimulus Talks Stall
Discussions between House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin took on a decidedly less…
Facebook Reports A Decline In Users In The U.S. And Canada
Facebook stock remained relatively flat on Thursday after the company reported a decrease in users in the U.S. and…
#EndSARS: Lagos Offers Scholarships To Children Of Slain Police Officers
The Lagos government says the children of police officers who died during the #EndSARS crisis in the state will be…
Looting: Police ‘Recover 35 Tractors’ In Adamawa, ‘Arrest 184 Suspects’
Olugbenga Adeyanju, commissioner of police in Adamawa, says 35 tractors have been recovered, while 184 suspects…
Starbucks Earnings Top Estimates As Sales Rebound Quicker Than Expected In U.S.,…
Starbucks on Thursday reported that sales in the U.S. and China are recovering from the coronavirus pandemic more…
Lagos Govt Asks Schools To Reopen After Protests
Private and public schools in Lagos State can reopen from Monday, November 2, 2020.
The Commissioner for…
Court Refuses To Issue Warrant For Diezani’s Arrest
A federal high court in Abuja has refused an application by the Economic and Financial Crimes Commission (EFCC)…
“Your Demands Are Ridiculous” – FG Tells ASUU
The federal government has described the demands of the Academic Staff Union of Universities (ASUU) as ridiculous…
#EndSARS: Wike Pledges N20m Compensation To Each Slain Police Officer
Governor Nyesom Wike of Rivers has announced N20 million compensation each to families of soldiers and policemen…
Hackers Stole $2.3M From Trump Reelection Fund
Hackers stole $2.3 million from the Wisconsin Republican Party’s account that was being used to help reelect…
ECB Signals December Stimulus Likely Amid European Lockdowns
The European Central Bank gave a strong indication that it will likely boost its emergency bond-buying program to…
Nigeria’s Economy Too Fragile For A Second Lockdown
In a tweet via his official Twitter account on Thursday, the president said the country’s economy is too fragile to…
Dollar Stabilises As Europe’s New Lockdowns Keep Risk Appetite Subdued; ECB…
The dollar edged up slightly on Thursday and riskier currencies remained subdued, with markets worried about…