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South African Stocks rise as protests continue
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South African stocks rose, led by companies that derive much of their income abroad and benefit from weakness in the local currency, as authorities grappled with a wave of unrest in two key provinces that has left more than 70 people dead.…
NGX: Equities trading ends positive
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Equities trading on the floor of the Nigerian Exchange Limited (NGX) ended Wednesday's transactions on a positive as investors' interest in TOTAL (+6.1%) supported market performance, despite sell-offs of ACCESS (-2.2%).…
Nigeria’s Anti-Graft Agency launches Mobile App for reporting financial crimes
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Nigeria’s Anti-Graft Agency, the Economic and Financial Crimes Commission (EFCC) has launched a Mobile App, "Eagle Eye," designed to ease the process of reporting economic and financial crimes in the country. The Executive Chairman of…
Vice-President urges investors to take advantage of opportunities in Nigeria
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Nigeria's Vice President, Prof. Yemi Osinbajo, says the Federal Government will be looking for the right type of investors in its privatization and commercialization efforts. The Vice President, who is…
UK: Inflation Rate rises to 2.5%, exceeds market forecast
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Annual inflation rate in the UK increased to 2.5% in June of 2021 from 2.1% in May, above market forecasts of 2.2%. It is the highest inflation rate since August of 2008, with transport making the biggest upward impact while a…
Argentine Government holds talks with IMF on restructuring crippling debt
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The Argentine Government has made progress in talks with the International Monetary Fund (IMF) on restructuring the country's crippling debt, according to the economy ministry. The Argentine Economy Minister, Martin Guzman, met…
N15 trillion Infrastructure Company to commence operation by Q3, 2021
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The Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, has revealed that the N15 trillion Infrastructure Corporation of Nigeria (Infraco) Plc would commence full operation by the third quarter of 2021. This is…
NGX Equities Market closes flat
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The equities market on Tuesday closed flat with both the All-Share Index and the Market Capitalization ending the day at 0.00% as interests in INTBREW (+6.0%) and ACCESS (+1.1%) offset losses in FBNH (-4.0%) and ZENITHBANK (-0.4%). The…
Kwara Governor seeks stronger collaboration with Chamber of Commerce
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The Kwara State Governor, AbdulRahman AbdulRazaq has congratulated the new Executive committee of the State Chamber of Commerce, Industry, Mines and Agriculture (KWACCIMA). The Governor described the body as a key partner in the…
South African Rand Weakens, trade slows, amid violent protests
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Violent protests have dealt a body blow to South Africa’s efforts to rebuild the economy in the wake of the coronavirus pandemic. The widespread looting and social unrest that’s followed the imprisonment of former President Jacob Zuma is…