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Economy

Latest Economy News

The Closing Bell- Oil Rallies on Canadian Output Cuts as $VIX and $DXY Stay Flat

From wild fires in Canada to upticks in Chinese demand, oil took

Weekly Risk Gauge- Equities, Bank Stocks And Commodities Under Risk Off Pressure

The closes from last week put the risk on asset classes under

The Closing Bell- US Black Unemployment Hits Record Lows, Equities Regain Ground

US unemployment among Black Americans dropped to record lows of 4.5% in

The Closing Bell- iPhone Sales Uptick Gives $AAPL A Boost Amidst Volatility Spike

iPhone sales growth in emerging markets gave $AAPL a boost as it

$TSLA Climbing Into Bear Territory In Spite Of Strong Internals.

$TSLA has not been left out of the recent upturn in stocks

Gold Break Its All Time High Of $2075.19/Ounce To Set A New Record Of $2080.00

The precious metal briefly broke the high set during the pandemic in

The Closing Bell- Oil Down 12% On The Week As The Fed Hikes Rates By 25bps

Oil continued it's bearish trend and wiped out all gains made on

Why You May Or May Not Make A Dime This Decade If You Bought $GOOG At $144

Like a Mario or Temple Run obstacle course, there are obstacles and

The Closing Bell- Oil and US Regional Banks Journey South As Volatility Finally Stirs

With the FOMC looming tomorrow, recession fears are ramping up as investors

Buhari approves partial exclusion Of MOFI From TSA

President Muhammadu Buhari on Tuesday in Abuja approved the partial exclusion of

The Closing Bell- May Day Blues Hits First Republic Bank, Dollar Bulls Reemerge

First Republic Bank is the latest US bank to fail, in a

Weekly Risk Gauge- Oil Drills Lower, Tech Surges As Utilities and Staples Wane

Investors continue to maintain their bullish stance as they bid the US

CBN: We’re not withdrawing new N200, N500, N1000 notes from circulation

The Central Bank of Nigeria (CBN) has said it has no plans

Trade Of The Decade? European Stocks Look Overpriced As Huge Bond Spread Lurks

The actions of bond traders are pointing to an overpriced European stock

Moni Unveils New Community-Powered Business Loans to Drive Growth for African SMEs

African SMEs now get new ways to attract investment for their growth

The Closing Bell-Volatility and Investment Grade Bonds Drop as Equities and BTC Rally

The 'Fear' Index dropped a further -9% today as Investment grade corporate

The Closing Bell- Commodities Stay Offered As $MSFT Gaps Up +7%

The decline in oil and copper prices continued into today's session, making

The Closing Bell- $VIX Spikes 11% As $MSFT, $GOOG Drop Despite Strong Earnings

Volatility spiked as a risk off sentiment surgesd through the market. $MSFT

The Closing Bell- US Dollar Closes Lower As US 10Y Bond yield Differentials Slide

The dollar index could not catch a bid in today's trading, as

Risk Gauge- Oil Craters -5.67% As Volatility Approaches Extreme Lows

As Volatility approaches oversold levels, investors will be keeping an eye on

The Closing Bell- Volatility Scores Its First Win In 6 Days

The 'Fear' index scores its first winning day in over a week.

Why The Petroyuan Is Bad News For Americans

As the Chinese oil benchmark gets set for prime time, the US

The Closing Bell- US Stocks Close Flat Amid Earnings Updates

The US equity markets were mostly range-bound during the trading session today,

The Closing Bell- Bitcoin Claws Back 3% As Defensive Sectors Keep Gaining Ground

Risk on flows continue in the market but investors are also pilling

The Closing Bell- Dollar and Bank Stocks Climb as Oil and Volatility Recede

US Equities, barring the Nasdaq held their ground today despite a rampant

Weekly Risk Gauge- Dollar Whales Rear Their Heads As Risk On Flows Spike

Investor risk appetite has continued to increase and the equity markets continue

CBN disowns fake recruitment portal asking applicants to submit BVN

The Central Bank of Nigeria (CBN) says it has no affiliation whatsoever

Weekly Risk Gauge- US Dollar Weakness Dampens Risk Off Sentiment

Last week the market close hinted at a tilt towards a risk

Buhari Administration Set To Break Debt Profile Record With $103bn Owed, The Highest In Nigeria’s 62 Year History

The outgoing administration of Muhamadu Buhari will break the record for leaving

Is the Santa Rally A Myth Or Fact? We Take A Look At What 18 Years Of Data Shows

The bullish propensity of US equity markets in the last week of