Category: Capital Market
The dollar rose to a one-week high on Thursday and stocks edged lower after signs that the Federal Reserve will keep raising interest rates through 2019 undermined a bounce in world markets. China’s stock markets ...
To make trading between African countries easier, West African countries have joined forces to interlink their payment system. The Director-General, West African Monetary Institute (WAMI), Mrs Ngozi Egbuna made this known on Sunday in an ...
Trading activities on the Nigerian Stock Exchange (NSE) sustained a positive growth on Friday, with Nigerian Breweries leading the gainers’ table. The News Agency of Nigeria (NAN) reports that Nigerian Breweries grew by N3 per ...
China has sold $3 billion of sovereign dollar bonds, its third such sales in the last 14 years and the first one with a 30-year tranche. The move is drawing healthy investor demand against a ...
The dollar crept up on Friday, reflecting investor confidence in the U.S. economy, despite criticism by President Donald Trump of the Federal Reserve and a sell-off in U.S. equities. The decline in stocks has yet ...
A resolution to ensure the safe use of automated vehicles has been passed at the UN Economic Commission for Europe (UNECE) Global Forum on Road Traffic Safety in Geneva. The UNECE, in a statement, said ...
The International Monetary Fund (IMF) has urged Nigeria to prioritise and embark on infrastructural projects that would boost the economic growth of the Nation. Mr Paolo Mauro, Deputy Director, IMF Fiscal Affairs Department, said this ...
Chinese conglomerate HNA Group has put up for sale property assets worth $11 billion, according to documents seen by Reuters, accelerating a push to cut its large debt and restructure. Two sets of documents reviewed ...
Equity transactions on the Nigerian Stock Exchange (NSE) closed for the week on Friday on a negative note, as major blue chips continue to drop price. The News Agency of Nigeria (NAN) reports that the ...
African Export-Import Bank (Afreximbank) has urged African banks to key into Afreximbank’s Trade Facilitation Programme(AFTRAF). Ms Fatma Bao, Manager, Afreximbank Guarantees and Specialised Finance Unit, said this in a statement signed by Mr Obi Emekekwue, ...
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