Soaring Demand For The World’s Least-Liked Commodity Sees Thermal Coal Prices Jump…
Soaring electricity demand, infrastructure woes and a surge in global gas prices have triggered an extraordinary…
Stocks, Oil Sink On Growth Worries; Dollar Gains: Markets Wrap
Asian stocks fell to the lowest this year, crude oil sank and the dollar rallied on a weakening global growth…
Nigerian City Bans Beggars And Hawkers
The Lagos state government in Nigeria has banned street begging and has formed a special team to stop the “menace”,…
Facebook Is Ready To Launch Digital Wallet
Facebook is prepared to launch the Novi digital wallet tied to Diem blockchain-based payment system, said the…
Market Bull Sees New Highs Ahead, Says Don’t Bet Against United State Consumers
John Stoltzfus encouraged investors to remain optimistic despite this week’s wild market swings.
The Wall Street…
Biden Administration’s Booster Shot Guidance ‘Prudent Thing To Do To Stay Ahead Of…
U.S. Surgeon General Dr. Vivek Murthy told CNBC that the Biden administration is recommending Covid booster shots…
Hard Lesson For United State Investors: Chinese Companies Don’t Make The Rules In…
American investors’ shock at an ongoing regulatory crackdown in China points to a fundamental difference…
Crude Sinks To Three-Month Low As Fuel Demand Wanes
Crude in New York dropped to the lowest since May after a surprise increase in U.S. gasoline inventories signaled…
Exchange Rate Used For Purchasing Stocks Via Fintech Apps Falls To N522/$1
The exchange rate for converting naira to dollar using FinTech apps nosedived to N522/$1 according to data collated…
Seized Cash Worth $4.7 Billion Fuels Nigerian Political Fight
Nigeria’s state governors sued the federal government for allegedly failing to share billions of dollars in…
Canadian Inflation Jumps To 3.7%, Creating Trouble For Trudeau
Canadian inflation accelerated to match its highest reading in almost two decades, threatening to become a…
Fed Govt Offers N150b Long-Term Bonds
The Federal Government will today auction medium-to long-term bonds valued at N150 billion as part of government’s…
UK Inflation Slows More Sharply Than Expected To 2.0% In July – ONS
British inflation fell to the Bank of England's 2% target last monthin an unexpectedly sharp slowdown that…
Sterling Hovers Near Recent Lows, Unmoved By Inflation Slowdown
Sterling hovered near a 3-1/2-week low on Wednesday after UK inflation data showed a sharper slowdown than…
Nigeria’s Economy May Grow To 2.5% In 2021, 2.6% In 2022, IMF Predicts
The International Monetary Fund (IMF) has maintained an unchanged economic growth rate of 2.5 per cent for 2021 and…
Forex – Labour Advocates Improved Monetary, Fiscal Policies
The leadership of Association of Senior Civil Servants of Nigeria (ASCSN) has called on federal government to take…
Nigeria’s Foreign Reserves To Surpass $40bn By September –Experts
Against the backdrop of a $3.35 billion direct allocations approved by the International Monetary Fund (IMF),…
U.S. SEC Says It Charges Former Netflix Staffers For Insider Trading
The U.S. Securities and Exchange Commission (SEC) on Wednesday said it has charged three former engineers at…
Aurora Releases Tool To Gauge Safety Of Self-Driving Systems
Aurora, the Silicon Valley self-driving startup founded by former Tesla, Uber and Google executives, has released…
S&P 500, Dow Edge Lower Ahead Of Fed Minutes
The S&P 500 and the Dow inched lower in choppy trading on Wednesday as investors refrained from making big bets…
Big-Ticket Spenders Boost Lowe’s Sales, Shares Jump
Lowe's Cos Inc (LOW.N) said on Wednesday that professional builders and handymen were rushing back to its stores,…
U.S. Senators Urge FTC To Probe Tesla Over Self-Driving Claims
Two U.S. senators on Wednesday pressed the Federal Trade Commission (FTC) to probe Tesla (TSLA.O), saying the…
Nigeria’s Central Bank Reportedly Freezes Accounts Of Chaka, Bamboo; What Happens…
A Federal High Court sitting in Abuja has granted the Central Bank of Nigeria an order to freeze the accounts of…
Naira Abusers Risk Jail Terms, Central Bank Of Nigeria Warns
The Central Bank of Nigeria (CBN) has disclosed that it is working with the Nigeria Police Force (NPF), Federal…
Central Bank Of Nigeria Moves To Strengthen Cybersecurity In Other Financial…
The Central Bank of Nigeria (CBN) yesterday moved to strengthen cyber resilience of Other Financial Institutions…
Experts Raise Concern As Nigeria’s Inflation Falls To 17.38%
Economic experts have expressed concerns over the reported decline in the country’s inflation rate to 17.38 per…
TY Holdings Acquires 72% Stake In BOC Gases Nigeria
TY Holdings Limited yesterday announced to investing public that it has acquired 72 per cent stake in BOC Gases…
Stock Market Rebounds As Investors Gain N23bn
The equities market on the Nigerian Exchange Limited rebounded from the loss recorded on Monday with investors…
Dollar Settles Near 4-1/2 Month Highs As Risk Appetite Cools
The dollar held near a 4-1/2 month high versus a basket of major currencies on Wednesday as simmering concerns…
Mortgage Rates Hit Their Highest Level In A Month, And Weekly Demand Drops
Borrowers backed away from the mortgage market last week, as higher interest rates chilled a recent revival in…