Business & Finance
Chinese Companies Evade US Sanctions With Rebranding Strategy
Chinese companies facing US scrutiny have devised a clever tactic to maintain their American presence: rebranding and adopting new names...
FCMB Shareholders Approve N150 Billion Capital Raising, N9.9 Billion Dividend
Lagos, Nigeria - The shareholders of FCMB Group Plc have given their nod to a proposed N150 billion capital raising...
Dollar, Euro and Pounds To Naira Exchange Rate For Today, May 27 2024
As of today, May 29 in Lagos, Abuja and Kano, here are the exchange rates for the Nigerian Naira (NGN)...
Stockbrokers Express Concern Over Bill Seeking To Modify CBN’s Autonomy
The Chartered Institute of Stockbrokers (CIS) and the Association of Securities Dealing Houses of Nigeria (ASHON) have voiced reservations about...
Nigeria Eyes $5bn Africa Energy Investment To Boost FDI
Lagos, Nigeria - In a bid to revitalize its economy and attract foreign investors, Nigeria is gearing up to secure...
Stock Market Opens Mixed As Inflation Data Takes Center Stage
US stocks opened on a mixed note on Tuesday, with technology stocks leading the charge, as investors shifted their focus...
Bitcoin In Free Fall As Mt. Gox Begins Massive Creditor Payouts
Bitcoin prices fell under pressure on Tuesday as the failed exchange Mt. Gox initiated a long-awaited transfer of over $9...
Yen Plumbs 16-Year Low Against Pound as Interest Rate Disparity Weighs
The Japanese yen has suffered a significant decline, reaching its weakest point in almost 16 years against the British pound,...
Guinness Nigeria’s empowers 250 female nanopreneurs
Guinness Nigeria recently held a ceremony in Ibadan to celebrate the graduation of 250 female entrepreneurs from their Plan W...
Naira Gains Ground as Foreign Reserves Rise
Nigeria's currency, the naira, is showing signs of recovery after rallying against the dollar this weekend. This positive shift comes...
Nigerian Equities Market Experiences Significant Decline, Investors Lose N206 Billion
Lagos, Nigeria - The Nigerian equities market experienced a significant decline on Friday, with investors losing a total of N206...
Central Bank Of Nigeria Undergoes Restructuring, Lets Go Of 40 Employees
Lagos, Nigeria - The Central Bank of Nigeria (CBN), the country's apex financial regulator, has announced a strategic restructuring exercise aimed...
European Stocks Face Valuation Conundrum
London, UK - European stocks are facing a valuation conundrum, as mid-sized companies struggle to attract investors despite their growth...
Stock Market Optimism Surges As Earnings And Economic Prospects Improve
New York, May 27, 2024 - Analysts are increasingly confident in the stock market's growth potential, driven by improving earnings...
Vedanta’s $1 Billion Share Sale: A Desperate Gamble or a Smart Move?
Vedanta's surprise announcement of a $1 billion share sale has left investors and analysts scratching their heads. Is this a...
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