Month: April 2024

Brent Climbs by 2.5% on Positive Demand Outlook Brent price rose by 2.5% in the global commodity market amidst expectation that demand would improve in the United States, the world’s…

Food Prices Rise in March 2024 – NBS The National Bureau of Statistics (NBS) says prices of beef, rice, beans, white garri, yam, and other food items increased in March…

Investors Lose N9bn on Profit-Taking in Stock Market The equities market declined on Friday, with profit-taking in stocks such as Zenith Bank, Guaranty Trust Holding Company (GTCO), Wema Bank, Nigerian…

US Ban: No Plan to Sell TikTok, Says ByteDance Chinese tech giant ByteDance has said it has no plans to sell TikTok after a new US law put it on…

No Rate Cuts by Fed until 2025? There’s a legitimate risk that there will be no US interest rate cuts by the Federal Reserve this year, warns the CEO of…

Nigeria, Japan Govts. Sign MoU on Rice Seeds Production Enhancement, Others The Nigeria and Japan governments on Thursday signed a Memorandum of Understanding (MoU) on enhancement of rice seeds production…

US Dollar Mixed after Surprise Q1 Data The US dollar was mixed against its major trading partners early Friday — up versus the euro and yen, down versus the pound…

Bitcoin to Hit New All-Time Highs Again in 2024? Bitcoin will hit fresh all-time highs in the coming months – despite having recently sunk in price, predicts the CEO of…

U.S Economy Growth Slows, Core Inflation Spikes The United States (U.S) economic growth disappoint, according to latest data on gross domestic product released by the statistics office. Data showed that…

President Tinubu Meets Netherlands PM for Enhanced Trade Opportunities President Bola Tinubu has met with Prime Minister, Mark Rutte of the Netherlands where he detailed out a roadmap for enhanced…