CATEGORY
Markets
U.S Issues Rules To Stop China From Benefiting From $52 Billion Chips Funding
Editor -
The U.S Commerce Department on Friday issued final rules to prevent semiconductor manufacturing subsidies from being used by China and other countries deemed to...
Nigeria Secures $13 Billion Investment Pledges From Oil Majors
Editor -
Nigeria has secured a total of $13 billion in investment commitments in its oil and gas sector from major international energy companies, including ExxonMobil,...
Elumelu Says New CBN Head Cardoso to Halt Naira Slide
Editor -
Tony Elumelu, the Chairman of United Bank for Africa Plc and Heirs Holdings said new leadership at the Central Bank of Nigeria (CBN) will...
Goldman Sachs Predicts Oil Price To Rise Above $100
Editor -
Goldman Sachs raised its oil price target to $100 again. The bank cited lower OPEC output combined with higher demand, which taken together, "more...
Chelsea FC Raises £500 Million of Financing From US Investor Ares
Editor -
Chelsea FC has raised £500 million ($612 million) of subordinated debt from US direct lending giant Ares Management Corp., according to a report by...
JPMorgan Forecasts $150 per Barrel Oil Says Energy “Supercycle” Looms
Editor -
In a research report published on Friday, JPMorgan analyst Christyan Malek upgraded the entire global energy sector to an overweight rating, warning that the...
US Senator Bob Menendez and Wife Indicted on Bribery Charges
Editor -
...DOJ seizes gold bars and $500,000
New Jersey Democratic Sen. Bob Menendez was charged on Friday with corruption-related offenses for the second time in 10...
State House Admits ‘Error’ Over President Tinubu’s NASDAQ Bell
Editor -
Nigeria’s State House has admitted that it made an “error” when it claimed earlier this week that President Bola Tinubu was the first African...
Cardoso Assumes Office As Acting CBN Governor
Editor -
Dr. Olayemi Cardoso has formally assumed duty as the acting Governor of the Central Bank of Nigeria (CBN), pending his confirmation by the Senate.
Cardoso ...
Hedge Funds Bet On Oil Price To Rise Above $100
Editor -
Hedge funds are piling into the oil market betting that prices will rise above $100 a barrel following a powerful rally triggered by production...