China Telco Shares Lose 5% in First Trading Day Since NYSE Delisting Announcement
China’s three biggest telcos saw their shares drop as much as 5% in Hong Kong on Monday, the first trading session since the New York Stock Exchange (NYSE) said it
China’s three biggest telcos saw their shares drop as much as 5% in Hong Kong on Monday, the first trading session since the New York Stock Exchange (NYSE) said it
The Organisation of Petroleum Exporting Countries (OPEC) has projected a daily crude oil demand increase by 5.9 million barrels per day this year, against the 2020 market figures, following the
Equities investors in the Nigerian capital market have every reason to cheer as the value of their investments, measured by the Nigerian Stock Exchange (NSE) capitalisation, went up by N8
Nigeria’s federal government, through the Department of Petroleum Resources (DPR), on Thursday announced that 161 successful companies had been shortlisted to advance to the next and final stage of the
The official NBS Manufacturing PMI for China edged down to 51.9 in December 2020 from a 38-month high of 52.1 in the previous month and below market consensus of 52.0.
Asian shares edged up on Thursday and were set to end a tumultuous 2020 at record highs, while growing investor hopes for a global economic recovery caused the dollar to
US trade officials said on Wednesday they were increasing tariffs on certain European Union products, including aircraft-related parts and wines from France and Germany, amid an ongoing civil aircraft dispute
Brent crude prices held above $51 a barrel on Wednesday, after API data showed stocks of crude oil in the US declined by 4.8 million barrels in the week ended December
Bitcoin topped $28,500 for the first time ever on December 30th of 2020 and is up around 47% so far in December, on track for its biggest monthly gain since
A Boeing 737 Max departed Miami International Airport with 100 passengers aboard oncTuesday for the aircraft’s first US commercial flight since faulty sensor readings contributed to two deadly crashes in
Nigeria’s President Muhammadu Buhari has ordered the Central Bank of Nigeria (CBN) not to give any money for food importation, noting that the country has depended on petrol for so long at the
China hopes lengthy negotiations for an investment deal with the European Union can wrap up at an “early date”, a foreign ministry spokesman said on Tuesday. Talks have been stuck
The International Monetary Fund (IMF) has said that Nigeria maintained its lead as the biggest economy in Africa, in terms of the size of the country’s Gross Domestic Product (GDP).
Share prices in Germany rose to a record high on Monday morning, eclipsing the previous record set before the start of the coronavirus pandemic. The Dax index reached more than
Chinese regulators have ordered Ant Group, the world’s largest financial technology company, to rectify its businesses and comply with regulatory requirements amid increased scrutiny of anti-monopoly practices in the country’s
Dupe Olusola is the Managing Director/CEO of Transcorp Hotels Plc, where she oversees the company’s strategic objectives at its properties, Transcorp Hilton Abuja and Transcorp Hotels Calabar. She has over
Domestic airlines in Nigeria have increased their airfares owing to high volume of passenger traffic compared to airline seats in recent days. Compared to previous years, passenger traffic in this
The Central Bank of Nigeria (CBN) has revoked the operating licences of seven payment service providers and one payment switching firm. The affected firms are Easifuel Limited, Transaction Processing System
The market capitalisation of the Nigerian Stock Nigerian (NSE), which is the total value of all listed equities, hit a historic peak of N20.281 trillion (about $51bn) on Wednesday, as
China has launched an antitrust investigation into Alibaba Group and will summon the technology giant’s Ant Group affiliate to meet in the coming days, regulators said on Thursday, in the
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