Euro Zone To Rebound More Strongly, Borrowing Curbs To Stay On Hold -EU
The euro zone economy will rebound from its COVID-19 slump more strongly than previously thought this year and…
Currencies Tumble As Stocks Erase Gains
What started off as a strong day for risk appetite turned into losses for currencies and equities. The…
FG Action On Nigerian Traders In Ghana Excites MATAN
The Market Traders Association of Nigeria (MATAN) has expressed delight on steps taken by the Federal Government to…
Glo Begins Reactivation Of SIM Cards
Globacom on Tuesday announced the recommencement of SIM card activation at its service outlets across Nigeria.…
$153 Million, 80 Houses Recovered From Diezani —EFCC Boss
The Chairman of the Economic and Financial Crimes Commission, Abdulrasheed Bawa, has disclosed that the commission…
Nigeria’s Diaspora Remittances To Hit $22bn – Report
Nigeria’s diaspora remittances have been projected to rise by five per cent to $22bn by the end of 2021.
Agusto…
Forex-Commodity Currencies Hold Advantage As Dollar Waits For Inflation And Fed
The dollar nursed losses against the currencies of major commodity exporters which enjoyed support from…
CBN: Manufacturing Sector Vital To Economy
THE manufacturing sector plays an important role in the country’s economy and will continue to do so in every…
Pipeline Outage Causes U.S. Gasoline Supply Crunch, Panic Buying
Gas stations from Florida to Virginia began running dry and prices at the pump rose on Tuesday, as the shutdown of…
DPR Pledges To Complete First Floating LNG Production Plant
The Department of Petroleum Resources (DPR) has pledged support to the completion of Nigeria’s first floating…
CBN Action Won’t Affect FBN Holdings Asset Quality, Profitability—Fitch
Fitch Ratings has disclosed that the removal of the non-executive board members of FBN Holdings Plc and First Bank…
Stock Market Reopens Upbeat As Capitalisation Rises By N60 Billion
Following gains recorded by most blue chip stocks, the Nigerian Exchange Limited (NGX) reopened in…
Pound Up Against Dollar And Euro Amid Hopes For Strong UK Recovery
Analysts say SNP’s failure to achieve overall majority in Scottish elections also a factor in highest level against…
Pound Rallies Over $1.41 To Highest Since February
The pound has surged on the foreign exchange markets today, thanks to a cocktail of economic optimism and fading…
Nigerian Mid-Crop Cocoa Output Seen Rising – Cocoa Association
Nigeria's mid-crop cocoa output is expected to rise following higher than expected rainfall which hashelped boost…
Gas Flaring Declined In 2020, Study Finds
LAGOS, Nigeria — Gas flaring worldwide decreased by 5 percent in the pandemic year, mostly because of lower demand…
Nigeria’s Mutual Funds Rose To N1.6tn In 2020 – Coronation Asset
Funds reporting needs to be harmonised as Nigeria’s mutual funds rose to N1.6tn as of the end of 2020,…
Pipeline Outage forces airlines to find other ways of getting fuel
The cyberattack that forced the shutdown of the country’s largest refined fuel-products pipeline over the weekend…
‘It’s a big deal’ for America’s push to reopen, says NIH Director on Pfizer…
National Institutes of Health Director Dr. Francis Collins described the Food and Drug Administration’s emergency…
Cloud stocks plunge to six-month low as investors hasten rotation out of recent…
The rotation out of tech stocks continues to hammer cloud companies the hardest, as investors sell out of last…
Citi downgrades Facebook and Google, says ad market expectations are too bullish
The growth trajectory for the online advertising market doesn’t appear to be strong enough to drive more gains…
Shares of The Trade Desk close down 26% after company reports earnings and…
Shares of ad tech company The Trade Desk closed down nearly 26% on Monday after the company reported first-quarter…
NTSB releases preliminary report on fatal Tesla crash in Spring, Texas
The National Transportation Safety Board, a federal agency that investigates accidents, has released records…
Goldman says these are the biggest threats to the dominant 5 tech stocks
The so-called FAAMG stocks — Facebook, Apple, Amazon, Microsoft, and Google-parent Alphabet — have evolved into…
These cybersecurity stocks could benefit from the Colonial pipeline attack, says…
The cyberattack that knocked a key U.S. gas pipeline offline should be another positive for the stocks in…
More than 40 attorneys general ask Facebook to abandon plans to build Instagram…
Attorneys general from 44 states and territories urged Facebook to abandon its plans to create an Instagram service…
Cloudflare seeing uptick in cyber incidents as hackers try ‘unleashing…
Cybersecurity provider Cloudflare has observed a significant rise in threats toward its customers in recent months,…
Roblox revenue grows 140% in first earnings report since company went public
Roblox shares rose as much as 5% in after-hours trading, following the release of the company’s first earnings…
Bitcoin’s biggest rival just hit a record high — here’s how to mine for ethereum
Bitcoin’s biggest rival, ether, blew past $4,000 on Monday to hit a new record high. The cryptocurrency is up…
Tom Lee is worried about ‘FANG’ and tech, favors these three sectors now amid the…
Fundstrat’s Tom Lee tweaked his group of reopening “epicenter” sectors and is sounding the alarm about weakness…