Fixed Income Market Trades Cold Ahead of MPC Meeting
Fixed Income Market Trades Cold Ahead of MPC Meeting The average yields on all fixed income market securities closed flattish on Friday as investors’ trade cautious ahead of the Central…
Naira Trades Healthy at Official Window, FX Reserve Falls
Naira Trades Healthy at Official Window, FX Reserve Falls The Nigerian local currency, naira, traded healthy at investors and exporters foreign exchange window on Friday after suffering a moderate loss…
Banking, Industrial Stocks Drive Intraday Rally on NGX
Banking, Industrial Stocks Drive Intraday Rally on NGX Banking, Industrial stocks among others are driving an intraday rally on the Nigerian Exchange (NGX) amidst heavy positioning in dividend-paying entities. Companies…
RegTech Africa Conference to Drive Growth, Shape Digital Economy
RegTech Africa Conference to Drive Growth, Shape Digital Economy The maiden edition of the annual RegTech Africa Conference, the premier gathering of regulators, innovation ecosystem builders, investors, corporates, and government…
Netflix Commits $1 Million towards Scholarships in Africa
Netflix Commits $1 Million towards Scholarships in Africa Netflix, the world’s leading entertainment streaming service, has announced a commitment of US$1 million towards the newly-established Netflix Creative Equity Scholarship Fund…
Dollar Dips as 10-Year U.S Treasury Pullback
Dollar Dips as 10-Year U.S Treasury Pullback The US dollar dips against its major trading partners early Thursday, just as the 10-year Treasury yield moderates ahead of the release of…
Remittance Inflow to Kenya Rises to 3% of GDP
Remittance Inflow to Kenya Rises to 3% of GDP Total remittance inflow to Kenya has increased tremendously in recent years, with total remittances in 2021 reaching a record USD3.718 billion,…
U.S Dollar Stabilises As Markets Await Fresh Drivers
U.S Dollar Stabilises As Markets Await Fresh Drivers The United States dollar is slightly firmer as markets await fresh drivers, according to a note from the private investment banking firm…
Stocks Gain N248 bln as NGX Index Breaks 45,000 Points
Stocks Gain N248 bln as NGX Index Breaks 45,000 Points After a record gain of N248 billion on Thursday, the Nigerian Exchange (NGX) All-share index breaks out 45,000 points, a…
Is There More to Elon Musk’s Crypto Obsession?
Is There More to Elon Musk’s Crypto Obsession? The value of Dogecoin – a onetime-joke cryptocurrency now, like Frankenstein’s Monster, disavowed by its creator – soared last week as Tesla…