Euro Zone Bond Yields Dip, Italy Turns Focus To Supply
Euro zone core bond yields inched lower in early Thursday trade as global markets focused on a dovish Federal…
Mastercard To Open Up Network To Select Cryptocurrencies
Mastercard Inc said on Wednesday it was planning to offer support for some cryptocurrencies on its network this…
Yellen Eyes Innovation To Battle Misuse Of Cryptocurrencies, Narrow Digital Gaps
U.S. Treasury Secretary Janet Yellen on Wednesday warned about an “explosion of risk” from digital markets,…
AstraZeneca Forecasts 2021 Growth After Fourth-Quarter Sales Beat
AstraZeneca on Thursday forecast 2021 revenue growth after the COVID-19 vaccine developer beat analysts’ estimates…
Oil Rallies With U.S. Supply Drop Further Draining Global Glut
Oil extended its longest winning streak in two years in New York as a decline in U.S. crude inventories further…
Asian Businesses Suffer Lunar New Year Blues Over Travel Curbs
From a skyway operator in Australia to a tourist guide on Indonesia’s resort island of Bali and a lion dance troupe…
Manufacturers Lament Hardship, Demand Policy Review On Forex Allocation
Manufactures in Nigeria have asked the Central Bank of Nigeria (CBN) to review policies around the allocation of…
Federal Executive Council Approves More Borrowings From Central Bank Of Nigeria
The Federal Executive Council (FEC) on Wednesday approved a new Medium-Term Debt Management Strategy (MTDS) for…
Analysis: Investors Lukewarm On Tesla’s $1.5 Billion Bitcoin Splurge
Investors in high-flying electric carmaker Tesla Inc are questioning whether Elon Musk’s $1.5 billion outlay into…
Stocks Making The Biggest Moves In The Premarket: Under Armour, Twitter, Bunge…
Coca-Cola (KO) – Coca-Cola reported quarterly earnings of 47 cents per share, 5 cents a share above estimates. The…
International Monetary Fund Sees Dangote Refinery’s Potential Of Bailing Nigeria…
The International Monetary Fund (IMF), the global financial watchdog is projecting that Nigeria’s Dangote Refinery…
How Nigerians Can Exploit China’s $22tn Market –Chinese Director
The Director, Centre for China Studies, Mr Charles Onunaiju, has said that Nigerians could exploit the huge…
Bitcoin Pushes Closer To $50,000, Global Stocks Mixed
Bitcoin moved closer to $50,000 for the first time on Tuesday, while the dollar declined as equity traders…
Oil Production Still 300% Higher Than Nigeria’s Projection
Minister of State for Petroleum Resources, Timipre Sylva, yesterday revealed that Nigeria still spends around $30…
European Markets Mixed As Traders Digest Earnings News; Maersk Down 7%
European stocks were mixed Wednesday as traders digested a slew of new corporate earnings.
The pan-European …
GM Warns Chip Shortage Could Cut 2021 Earnings By Up To $2 Billion
General Motors on Wednesday reported fourth-quarter earnings that easily beat Wall Street expectations, but the…
Mizuho Predicts How Much Self-Driving Cars Should Add To Baidu’s Share Price
Shares of Chinese technology company Baidu are at an all-time high and could climb further, a managing director at…
Europol: 10 Held For Alleged $100m Cryptocurrency Theft From Celebs, Others
Europol, the European police agency, said on Wednesday it had assisted in the arrest of 10 hackers suspected of…
Oil Rally Extends For 9th Day On OPEC+ Cuts, Demand Hopes
Oil extended its rally for a ninth day on Wednesday, its longest winning streak in two years, supported by producer…
Walt Disney Shares Near Record High, Investors Eye Streaming Update
Walt Disney Co, which wowed investors in December with ambitious streaming TV plans, will update Wall Street on…
Experts Seek Support For Local Technology Production
Technology and engineering experts have emphasised the need for the government to expedite policies that would aid…
Nigeria Rejects Advice To Devalue Currency –International Monetary Fund
The Federal Government has rejected advice by the International Monetary Fund (IMF) to further devalue the Naira…
Nigeria Government To Crash Oil Production Cost To $10
The Federal Government yesterday launched the Nigerian Upstream Cost Optimisation Programme (NUCOP) to cut down the…
Nigeria Stock Exchange Equities Down By 0.34% As Investors Lose N74Bn
Proceedings on the floor of the Nigerian Stock Exchange (NSE) kick started the new week on a bearish note as…
Stockbrokers Proffer Ways To Nigeria’s Economic Progress
Leading experts and stakeholders in capital market yesterday called on the Federal Government to rethink national…
Macquarie Taps Renewables Trend With $2 Billion Infrastructure Fund
Macquarie, the world’s largest infrastructure investor, has raised 1.6 billion euros ($1.93 billion) for its second…
Maersk Boosted By Trade Recovery, But Misses Forecasts
A surge in demand for goods like furniture and exercise equipment from locked-down consumers has sparked a jump in…
Heineken To Cut 8,000 Jobs To Restore Pre-Pandemic Margins
Heineken NV plans to cut about 8,000 jobs, the Dutch group said on Wednesday, seeking to restore operating margins…
Asian Stocks Hit Record High as Earnings, Stimulus Boost Recovery Hopes
Asian stocks hit a record high on Wednesday as upbeat earnings, hopes of a large U.S. fiscal stimulus and a…
Recovery In Global Trade To Stall Again In First Quarter: U.N. Report
A recovery in global trade is expected to slow again in the first quarter of 2021 as the coronavirus pandemic keeps…