Brent Oil Jumps With Stocks After Worst Losing Streak Since 2018
Brent oil climbed amid a broader market rebound after capping the longest run of declines in more than three years.…
Forex Transactions At Investors, Exporters’ Window Fall 24.56%
Foreign exchange transactions at the Investors’ & Exporters window declined by 24.56 per cent last week,…
Nigeria To Attract $150bn Investment From $4trn Halal Trade
Organisers of the International Halal Expo, Abuja Chamber of Commerce and Industry (ACCI) have stated that Nigeria…
Declining Forex Reserves Stokes Naira Depreciation
The naira suffered its weakest performance in recent weeks at the weekend after Nigeria’s foreign exchange (forex)…
Citigroup Says Short Treasuries But Hedge With Bet Against Yuan
China’s sagging growth outlook helped drive up the U.S. dollar, and fresh signs of deterioration are…
Govt N4.8bn Pledge: FG Can’t Be Trusted, Says NARD, We Negotiated With NMA,…
The National Association of Resident Doctors, on Sunday, faulted the N4.8bn which the Federal Government promised…
Private Equity Firms Circling Sainsbury’s With View To Launch Bids –…
Private equity companies are circling British supermarket group Sainsbury's (SBRY.L) with a view to possibly…
Wall Street Analysts Bet On Robinhood’s Potential To Add Users
Wall Street analysts on Monday took a largely upbeat view on Robinhood Markets Inc in their first ratings on the…
Gold Rises Above $1,800 As Dollar Dips On Doubts Fed Will Taper Soon
Gold vaulted over the key $1,800 psychological level on Monday as a retreat in the dollar pushed investors to…
Pfizer To Buy Cancer Drug Developer Trillium In $2.3 Bln Deal
Pfizer Inc (PFE.N) said on Monday it would buy Canadian drug developer Trillium Therapeutics Inc (TRIL.TO) in a…
Didi Suspends UK Launch Plans Amid China’s Crackdown On Tech Firms…
China's ride-hailing giant Didi Global Inc (DIDI.N) has suspended its plans to launch in Britain and continental…
IMF’s $650 Bln Reserves Distribution Is ‘Shot In Arm’ For Global…
The IMF will distribute about $650 billion in new Special Drawing Rights to its members on Monday, providing a…
China Telecom Jumps 34% On Shanghai Debut, Defying Weak Market
China Telecom Corp surged 34% on its Shanghai debut on Friday, defying a bearish market after raising $7.3 billion…
Finland’s Nokia Wins 5G Order For Three European Markets
Finnish telecom gear maker Nokia (NOKIA.HE) said on Monday it had won a 5G network order from A1 Telekom Austria…
Ethiopia To Build Local Rival To Facebook, Other Platforms
Ethiopia has begun developing its own social media platform to rival Facebook (FB.O), Twitter (TWTR.N) and…
Bitcoin Price Rises Past $50,000, Rebound Slows
Bitcoin's price surged past $50,000 on Monday for the first time since May, although its rebound from a months-long…
S&P 500, Nasdaq Scale New Peaks On Tech, Oil Boost
Energy and technology stocks powered the S&P 500 and the Nasdaq to record highs on Monday as investors…
Shareholder Payouts To Hit $1.4 Trillion in 2021, Nearing Pre-Pandemic Levels,…
Company payouts to shareholders are projected to hit $1.39 trillion in 2021, just 3% below their pre-pandemic peak,…
Millennials And GenZs Are Driving The Adoption And Penetration Of Digital Banking…
The banking world has gone through exciting transitions—from the days of taking tallies and manual filings to…
Elon Musk Says Tesla’s Robot Will Make Physical Work A ‘Choice’
After dominating the electric vehicle market and throwing his hat into the billionaire space race, Tesla boss Elon…
Octopus Ventures Leads Investors Backing Pngme’s Series A
Unbundling financial data through APIs and driving data-driven insights with value-add products in Africa keeps…
Nigeria: External Reserves Lose Momentum After July Rally
Nigeria’s external reserves could be heading toward the mid-July trough as it fail to sustain the momentum it…
Nigeria: Federal Government To Partner Stockbrokers For Double Digit Economic…
The Federal Government also reiterated its resolve to put an end to insecurity which has significantly dampened…
Nigeria: International VCs and family offices back Alerzo’s Series A
The process of digitizing the operations of mom and pop stores in Nigeria is serious business right now. In fact,…
Nigeria: Fuel Price Remains Until FG, Labour End Negotiations
The Petroleum Products Pricing Regulatory Agency on Sunday said the Petroleum Industry Act had signaled the full…
Treasury Yields Start The Week Higher With Key Fed Policy Event In Focus
U.S. Treasury yields rose on Monday morning, with investors focusing on the Federal Reserve’s annual central…
IFC Provides Financing For Ghanaian Radiology Firm
International Finance Corporation is providing financing to support the construction of new medical diagnostic…
Nigeria: Capital Market Must Strengthened to Drive Production, Create Employment
The Director-General of the Securities and Exchange Commission (SEC), Mr. Lamido Yuguda has expressed the need for…
Nigeria: Experts seek revival of initial public offerings
Participants at the just-concluded 2021 National workshop of the Chartered Institute of Stockbrokers (CIS) have…
Nigeria: Shareholders Disagree With Securities and Exchange Commission (SEC) Over…
Shareholders of quoted companies in the country have disagreed with Securities and Exchange Commission (SEC) on the…