Business & Finance
Nigerians Withdraw N14.2 Billion from Pension Funds Amidst Job Losses
Nigerians have withdrawn a staggering N14.2 billion from their pension funds in recent times, citing job losses and economic hardship...
Investors Cautious of Market Correction May Miss Significant Opportunities, Warns Shah Gilani
Shah Gilani, Chief Investment Strategist at Money Map Press, has cautioned investors who are waiting for a market correction that...
Naira gains value in the parallel market at N1,485/$
Yesterday, the Naira rose in the parallel market to N1,485 per dollar, up from N1,490 on Monday. However, the Naira...
The World Bank confirms 3.3% GDP growth prediction for Nigeria
The World Bank reaffirmed its 3.3% economic growth prediction for Nigeria in 2024, saying the country's economy was slightly upbeat...
Global Equities Experience Mixed Performance Amid Anticipation of US Economic Data
Asian equities exhibited a decline, while European and Indian markets demonstrated resilience, as investors exercised caution ahead of the highly...
Dollar, Euro and Pounds To Naira Exchange Rate For Today, June 12 2024
As of today, June 12 in Lagos, Abuja and Kano, here are the exchange rates for the Nigerian Naira (NGN)...
Apple Stock Reaches Record High Following AI Platform Announcement
Apple Inc.'s (AAPL) stock surged over 5% on Tuesday, reaching an intraday record high, as investors responded positively to the...
Natural Gas Prices Surge on Forecasts of Extreme Heat
Natural gas futures climbed over 4% on Tuesday, driven by predictions of sweltering heat waves across the United States. The...
Stocks Slip as Banking and Tech Sectors Feel the Pinch
Stocks fell from all-time highs, with a slide in banks leading the decline, as investors positioned themselves for the US...
Russia’s State-Owned Uranium Supplier Notifies US Customers of 60-Day Waiver
Russia's state-owned uranium supplier, Tenex, has notified its US customers that they have 60 days to secure a waiver from...
China Considers Proposal to Stabilize Slumping Stock Market
China's securities regulator is considering a package of measures to stabilize the slumping stock market, sources familiar with the matter...
CBN Reveals Stance on Banks’ License Revocation
The Central Bank of Nigeria has quelled the confusion going on in some social media circles regarding the revocation of...
NGX and Meristem Unveil Innovative USSD Platform to Boost Financial Inclusion
In a bid to enhance financial inclusion and expand access to the capital market, the Nigerian Exchange Limited (NGX) and...
The Great Tesla Debate: A Battle of Interests and Ideologies
In the cutthroat world of electric cars, where innovation and disruption reign supreme, a drama of epic proportions is unfolding....
MTN and Airtel suffer losses from their FX exposures
The operations of MTN Nigeria and Airtel Africa have been severely impacted by the country's foreign exchange (forex) volatility, as...
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