Stoppage of FX Transactions on Naira Cards May Hit Banks’ Profit The decision by a number of commercial banks to stopped their naira cards from dispensing...
Access Bank Raises US$300m Eurobond From International Market Access Bank Plc has successfully raised US$300 million via a Eurobond from the international bond market. The bank...
UK Retail Sales Miss Forecast in September Britain’s retail sector performed slightly worse than expected, as the amount of items bought fell short of expectations, official...
Australia’s Unemployment Falls to 5.6% Despite Job Losses Australia’s unemployment rate has fallen to 5.6 per cent, despite the loss of 9,800 jobs, as the proportion...
Remita Processes $30bn Transactions Annually, Gets Mobile App With annual transactions on Remita hitting $30bn in the country, SystemSpecs on Wednesday said it had resolved to...
NSE Records Lowest Trading Volume This Year The Nigerian Stock Exchange recorded the lowest trade volume this year after the NSE All-Share Index trended lower for...
Forex Threatens Power Production The imbalance in the foreign exchange (forex) market has hindered smooth operation by the nation’s power sector as dollar exchanged for about...
FMDQ to Start Listing of Short-Term Bonds FMDQ OTC Securities Exchange has introduced short-term bonds to the Nigerian fixed income market. The Exchange, on Wednesday, said...
U.S. Housing Starts Fell 9% in September Housing starts fell for the second straight month in September, but builders received more permits, a sign residential construction...
Yahoo Earnings Exceed Expectations Yahoo managed to beat expectations Tuesday by reporting an adjusted quarterly profit of 20 cents per share – about 6 cents more...
