Capital Calls: Macquarie’s Relief Rally
Concise insights on global finance in the Covid-19 era not too foul. Macquarie gave investors some good news on…
Neimeth International Pharmaceuticals Plc Declares First Dividend In 10 years
Neimeth International Pharmaceuticals Plc is set to declare its first dividend in 10 years following the 20…
Stocks, Oil Rise In Asia After U.S. Records, Dollar Weakens
Asian stock markets rose on Tuesday after a record-setting day on Wall Street, while bitcoin paused for breath…
Nigerian Stock Market Extends Losing Streak, Sheds N80bn
The nation’s stock market fell further on Monday, extending its losing streak to six consecutive trading sessions…
Reddit’s Valuation Doubles To $6 Billion After New $250 Million Funding
Reddit Inc, which has been at the heart of a recent social media-driven retail trading frenzy, said on Monday it…
Bitcoin Rockets To New Highs As Tesla Takes It Mainstream
Bitcoin extended gains on Tuesday to a record high as the afterglow of Tesla Inc’s investment in the cryptocurrency…
Nigerian Stock Exchange’s Demutualisation Excites Corporate Affairs Commission DG
The Registrar-General/Chief Executive Officer (CEO) of the Corporate Affairs Commission (CAC), Alhaji Garba…
Federal Government of Nigeria Lists January Savings Bonds
The Federal Government at the weekend listed two new tranches of its Federal Government of Nigeria Savings Bond…
CWG Posts N11.8bn Revenue
CWG Plc, one of Nigeria’s leading information and communication technology solutions and service providers has…
Stock Market Sheds N368bn as Investors Take Profit
The Nigerian stock market shed N368 billion last week following profit-taking activities by some investors after…
Nigeria’s Security and Exchange Commission Unveils New Rules For Nominee…
The Securities and Exchange Commission has asked all persons not registered by the commission as custodians,…
Uptick In Fixed Yield Triggers Massive Sell Off In Equities
The marginal uptick in yields in the fixed income market propelled massive selloff on the equity sector of the…
Nigeria’s Security and Exchange Commission Recognises Cryptocurrencies,…
A former Deputy Governor of the Central Bank of Nigeria, Kingsley Moghalu, has faulted the recent action of the…
Ageing TV Licence Fee Refuseniks Leave £117m Hole In BBC Budget
Up to 750,000 older people have refused to pay for a television licence after losing their right to a free one,…
Pandemic Business Borrowing Expected To Hit £60bn, Says EY Item Club
Companies will have borrowed more than £60 billion to help them to survive the pandemic by the end of this year,…
Renesas Boosts Power And Connectivity Prowess With $6 Billion Dialog Deal
Renesas Electronics Corp has agreed to buy Dialog Semiconductor for 4.9 billion euros ($5.9 billion) in cash,…
Shell, Mitsubishi Unit Eneco To Supply Wind Power To Amazon’s European…
Royal Dutch Shell and renewables firm Eneco, owned by Japan’s Mitsubishi Corp, will provide Amazon.com Inc’s…
Tweets From Elon Musk And Celebrities Send Dogecoin To A Record High
Dogecoin is surging after billionaire Elon Musk and a number of celebrities appeared to back the…
European Markets Higher, Tracking Positive Global Sentiment; Dialog Surges 17%
European stocks were higher Monday with markets tracking positive sentiment in Asia and the U.S.…
Petrol Price May Hit N190 As Oil Nears $60
Marketers have said with the current realities in the global crude oil markets, the price of Premium Motor Spirit…
Endless Turnaround Maintenance:Outrage, Anger Over Nigeria National Petroleum…
The Federal Government may soon be on a collision course with Nigerians over its plan to seek a US$1 billion loan…
Stakeholders Demand Six-Month National Identification Number -Subscription…
Stakeholders in the telecom space have called for further extension of the National Identification Number…
Inside Nigeria’s Multibillion-Dollar Abandoned Oil, Gas Projects
Before COVID-19 triggered a collapse in crude oil prices and demand last year, several big-ticket oil and gas…
Hedge Funds Bet On Oil’s ‘Big Comeback’ After Pandemic Hobbles…
Hedge funds are turning bullish on oil once again, betting the pandemic and investors’ environmental focus has…
Dollar Nurses Losses As Traders Await More Data To Determine Direction
The dollar nursed losses against most currencies in subdued trade on Monday as disappointing U.S. jobs data caused…
Why We Banned Cryptocurrency Trading In Nigeria – CBN
Transactions in cryptocurrencies are largely speculative, volatile and should be discouraged, the Central Bank of…
Asia-Pacific Stocks Mostly Rise; China Announces New Anti-Monopoly Rules Aimed At…
Stocks in Asia-Pacific were mostly higher on Monday, as investors monitored shares of China’s tech giants following…
Brent Approaches $60 Per Barrel As Supply Cuts, Stimulus Hopes Lift Prices
Oil prices rose on Monday, with Brent futures nearing $60 a barrel, boosted by supply cuts among key producers and…
Dollar Nurses Losses As U.S. Economic Doubts Undercut Rally
The dollar nursed losses against most currencies on Monday as disappointing U.S. jobs data caused some investors to…
Asian Shares, Oil Buoyant On Economic Revival Hopes
Asian shares hovered near record highs on Monday while oil surpassed $60 a barrel on hopes a $1.9 trillion COVID-19…