Sunday, September 27, 2020

Oil prices drop as bleaker fuel demand outlook weighs on market

Tokyo Oil prices edged lower on Tuesday as worries over a slow recovery in global fuel demand, depressed by the coronavirus pandemic, chimed with...

Naira exchanges N460 to dollar on parallel market

Naira exchanges to N460 per dollar on parallel market on Monday fell by 1.09 per cent to N460 on the parallel market. The naira...

Polaris Pearl Account to equip women businesses

Polaris Bank has prepared its Polaris Pearl account to equip women entrepreneurs with the requisite knowledge, skills, and support to run their businesses profitably. The Bank...

Naira Depreciates Despite Foreign Exchange Sales Resumption

Against expectation, the Nigerian local currency, naira, depreciates despite the resumption of the apex bank weekly intervention foreign currency (FX) sales. In the week, Brent...

Why investors seem to prefer HDFC Life among life insurers

MUMBAI: Shares of HDFC Life Insurance Ltd have recovered smartly since the nationwide lockdown lifted, and are now only 5% lower from their pre-covid...

US stocks climb as investors weigh extended tech rally against weak jobless claims data

US equities gained on Thursday as tech stocks resumed their recovery rally and boosted major indexes. The popular sector has taken center stage through the...

Stanbic launches contactless debit cards/POS machines

Financial services institution, Stanbic Bank Zimbabwe, says it is ready to launch contactless debit cards and POS machines as it forges ahead with its...

Strike: War songs intensify as Rivers govt, labour insist on showdown

The war o words preceding the much talked-about strike action expected on Tuesday, September 8, 2020, has intensified as no party is ready to...

Amazon takes another swipe at Trump after losing $10 billion JEDI deal

Amazon is refusing to go down without a fight in its ongoing feud with the Trump administration over the president's role in the Pentagon's...

Petrol may sell N170/litre in South-East –Fuel marketers

The Independent Petroleum Marketers Association of Nigeria (IPMAN), Enugu depot, has warned that petrol may cost more in the South-East, should the Federal Government...