Financial Possibilities
9 ViewsAsian shares advanced on Thursday as markets’ euphoric mood over COVID-19 vaccines and the prospects of more political predictability and economic stimulus under the incoming Biden administration overrode a slate of weak U.S....
10 ViewsOil rose for a fifth day on Thursday after a surprise fall in U.S. crude inventories gave further legs to a rally driven by optimism that vaccines will end the coronavirus pandemic and...
7 ViewsThe international oil benchmark, Brent crude, rose above $48 per barrel on Wednesday, extending a rally driven by hopes that a COVID-19 vaccine will boost fuel demand. Brent, against which Nigerian’s oil is...
22 ViewsThe United States Embassy in Nigeria has clarified that Nigeria is exempted from the new $15000 visa Bond policy introduced by the outgoing administration of President Donald Trump. In statement on it’s website...
16 ViewsThe House of Representatives has vowed to pass the Petroleum Industry Bill (PIB) before the end of the first quarter of 2021. The Chief Whip of the House and chairperson of the ad-hoc...
22 ViewsThe nation’s land borders that have been closed since August 2019 may be reopened soon. The Minister of Finance, Budget and National Planning, Zainab Ahmed, gave this indication during an interview with State...
45 ViewsTrading activities on the Nigerian Stock Exchange (NSE) today (Wednesday) close positively for the second straight session, as bargain-hunting for fundamentally viable stocks advanced the market performance indices by 1.25%. Consequently, market breadth...
25 ViewsWorld shares rallied to a record peak on Wednesday, following an overnight surge that saw the Dow Jones benchmark crack 30,000 for the first time as investors cheered a dramatically improved global outlook....
22 ViewsU.S. oil edged lower on Wednesday, after an industry report showed crude stockpiles in the United States rose against expectations, tempering a rally driven by news that another vaccine against COVID-19 had proved...
22 ViewsThe Central Bank of Nigeria (CBN) has labeled the foreign exchange parallel market as tainted and a channel for bribery and corruption. CBN Governor Godwin Emefiele took a swipe at analysts who use...
21 ViewsThe $35.6 billion foreign exchange reserves is enough to protect naira against attacks by currency speculators forcing the local currency to depreciate. President, Association of Bureaux De Change Operators of Nigeria (ABCON), Aminu...
22 ViewsThe Monetary Policy Committee of the Central Bank of Nigeria has retained the Monetary Policy Rate at 11.5 per cent. It also left other parameters the same. The CBN Governor, Godwin Emefiele, disclosed...
29 ViewsThe Commissioner for Insurance, Mr Sunday Thomas, has said the National Insurance Commission is profiling companies with huge unsettled claims. He spoke in Lagos on Tuesday, during the 2020 Insurance Director’s Conference in...
44 ViewsThe local bourse today (Tuesday) halted a three successive losing streak with a gain of 0.64%, as investors resume bargain-hunting for stocks with attractive valuations. Consequently, market breadth also closed positively, recording 26...
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