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Latest Business News

CIBN inducts 1,212 members

The Chartered Institute of Bankers of Nigeria (CIBN) has inducted 1,212 graduated

Fed Prepared To Raise Rates Further As Nasdaq Fails To Clear Last Week’s High

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The Charms of “Big Brother Naija”: A Cultural Phenomenon Supported by HFM

In the vast landscape of reality television, "Big Brother Naija" has emerged

Renewed Strength In US Economic Numbers Threatens Equity Gains Of 2023

The US unemployment claims showed that 9000 people less than the forecast

EV Maker VinFast Auto’s ($VVFS) Share Price Doubles Despite Weak Fundamentals

VinFast Auto Ltd. ($VVFS) gained nearly 200% in share price value yesterday, 

Cathie Wood At Odds With Michael Burry And Warren Buffet As Market Risk Rises

A quicker-than-usual sell-off in technology stocks and a surge in Treasury yields

CIBN supports Tinubu on exchange rate unification

The Chartered Institute of Bankers of Nigeria (CIBN) has commended President Bola

Risk Off Flashes On As Volatility Spike Pulls Equities, Oil, Bitcoin and Gold Down

It has been a very interesting week so far in the capital

Hawaiian Electric’s Stock Continues Slide To 40 Year Low As Fire Concerns Rage On

Shares of Hawaiian Electric Industries Inc. ($HE)  Today dropped to their lowest

Hawaiian Electric Down 62% As Questions About Possible Role In Deadly Fire Arise

Hawaiian Electric Industries ($HE) is currently speaking with restructuring advisory firms about

US Dollar At Critical Point As Bond Spreads Close and JP Morgan Stays Bullish

J.P. Morgan strategists have a bullish dollar bias, and think that expecting

Forex Brokers in Nigeria and Their Legitimacy Operating here

Foreign exchange has a long history in Nigeria going back to before

105 Year Old Trucking Firm, Yellow ($YELL), Files For Bankruptcy

 U.S. trucking company Yellow Corp's ($YELL) shares drop 45% to $1.97/share premarket

Nikola Corporation ($NKLA) Tops The Volume Gainers List On US Exchanges

Nikola Corporation ($NKLA), an American manufacturer of heavy-duty commercial battery-electric vehicles, fuel-cell

Upwork up 40%, On Track For Largest Percentage Increase Since Q4 2020

Upwork, Inc. ($UPWK), the company that helps growing businesses find and work

Advanced Micro Devices ($AMD) Approaches Today’s Earnings With Chinks In Armor

Advanced Micro Devices Inc ($AMD) is expected to post a nearly 19%

Volatility ($VIX) Closes The Month Lower As Stocks Continue Their Winning Streak

The volatility index has been on the decline most of this year

A Look At The Momentum Of Some Of Today’s Top Gaining Stocks

Some of today's top volume gaining stocks have chugged along as the

Zenith Bank Staff Express Gratitude To Jim Ovia

“Let us be grateful to the people who make us happy; they

Cathie Wood’s ARK Fund Piles Into Twilio Stock As Short Sellers Eye $36

Funds associated with ARK Investment have been dumping shares of $TSLA and

Money Manager At $800 Billion Fund Begins To Position For Inevitable BOJ Shift

Brendan Murphy is shorting 10-year Japanese government bond (JP10Y) futures on a

The Dollar Remains Under Pressure As US10Y Yield Loses Ground Against The Majors

The dollar index held below 100 on Tuesday after losing more than

Risk On Falters But Persists As US Dollar And US 10Y Bond Yields Turn Southward

Investors kept bidding the equity markets higher throughout last week and even

Access Bank enters into acquisition agreements with Standard Chartered Bank

Access Bank Plc and Standard Chartered Bank have entered into agreements for

Robbery: Adeleke begs bank CEOs to reopen closed branches in Osun

The Governor of Osun State, Ademola Adeleke, has urged the Chief Executive

Dollar At 3 Month Low With Upward Pressure From Bonds, As Inflation Data Looms

The US Dollar has revisited its 3-month low as it continues to

Dollar Set To Strengthen As US10Y Treasury Spreads From 2022 Begin To Close

At the end of 2022 the US10Y treasury yield closed up, having

Top Wall Street Bull Stays Bullish On Equities As $VIX Spikes At The Lows Of 2020

Many strategists have pointed to AI as the driving factor for stocks

Nigeria Unifies Forex Rates; Boosts Investor Confidence

The foreign exchange market is one of the biggest financial markets in

FOMC Meeting Minutes Approach With The Dollar Index At a Key Level

In one hour, the FOMC comes up and the Federal Reserve is