Positive Vaccine Results Boosts Asian Stocks
Asian stock markets rose for a second day in a row on hopes for progress toward a possible coronavirus vaccine that might allow the world to revive manufacturing, shopping and
Asian stock markets rose for a second day in a row on hopes for progress toward a possible coronavirus vaccine that might allow the world to revive manufacturing, shopping and
The Nigerian government has allowed Dangote Cement to resume exports across its land borders, raising hopes that Africa’s most populous nation may be opening up trade with neighbors after a
The Central Bank of Nigeria (CBN) has opposed a suit seeking to remove the Ajami (Arabic) inscriptions on naira notes. The apex bank told the Federal High Court sitting in
Oil surged on Monday, putting it on track for its biggest daily gain in more than six months after Pfizer announced promising results for its COVID-19 vaccine, boosting risk assets
German exports rose by more than expected in September, and foreign trade gave Europe’s largest economy a boost going into the fourth quarter as it struggles to avoid slipping into
Saudi Arabia’s energy minister said global energy producers have the ability to tweak an agreement on production cuts that could be extended through the end of 2022, signaling the anticipation
Gilat Telecom a global multinational communications service provider with presence in Africa, Asia, and the Middle East, has announced significant new enhancements to its Software-Defined Wide Area Network (SD-WAN MAX).
Kenya’s biggest telecoms operator, Safaricom, said half-year net profit fell six percent to 33.07 billion shillings (about 303.62 million dollars) with M-Pesa revenue dropping the most on account of free
Asian shares and US futures rose Monday on relief the US presidential election results were finally decided, with Joe Biden announced president-elect. Hong Kong’s benchmark Hang Seng Index went up
Turkey’s finance minister and son-in-law to President Recep Tayyip Erdogan announced his resignation on social media late Sunday. Berat Albayrak said on Instagram that he was stepping down from his
Nigeria’s Debt Management Office (DMO) has said that a total of N195 billion (about $510 million) has been disbursed to 270 exporters under the Export Expansion Grant (EEG) programme of
EgyptAir passengers from Nigeria can now enjoy better deal with more comfort with the deployment of the Boeing 787 Dreamliner on the Cairo-Lagos route. EgyptAIr recently took delivery of its
Investors and financial executives took a big sigh of relief on Saturday after major networks declared Democrat Joe Biden winner of the US presidential election, offering some certainty after days
Volkswagen AG’s truck unit Traton SE has agreed to pay about US$3.7 billion for the outstanding shares of US truck maker Navistar International Corp in a deal announced on Saturday
Transcorp Consortium has executed the biggest domestic financing deal of 105.3 Billion naira (272 Million dollars) in Nigeria’s power generation sector so far in 2020. This deal is in relation to
Walmart Inc, the world’s largest retailer, said on Friday it was selling its retail operations in Argentina to South American supermarket chain owner Grupo de Narváez, pulling back as the
Uber Technologies Inc said on Thursday demand for its food-delivery service exploded in the latest quarter, but recovery in its global rides business is being held back by its most
The US Federal Reserve kept its benchmark interest rate at a record low near zero and signalled its readiness to do more if needed to support an economy under threat
Qualcomm, the US tech giant has displayed 5G technology products with its chips at the third annual China International Import Expo. Various 5G smartphones and electronic devices, from Samsung, Oppo,
Nigeria’s tier 1 lender, Guaranty Trust Bank (GTBank), says it has obtained an approval-in-principle from the Central Bank of Nigeria (CBN) to commence a formal process of restructuring to a
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