New Delhi: Markets were on a roll, and they had plenty of action and drama as well in the week gone by. The previously announced holiday on Thursday, on account of Buddha Purnima, was cancelled by the exchanges on Monday, considering the…
By Adedapo Adesanya The Naira depreciated against the US Dollar by 1.6 per cent or N23.07 in the Nigerian Autonomous Foreign Exchange Market (NAFEX) on Thursday, May 23. It was observed that the foreign exchange (FX) volatility weakened…
Lululemon, a high-profile sportswear enterprise, is under financial scrutiny due to signs of possible future market volatility. The well-established athletic apparel company, known for its high-priced, highly sought-after yoga pants, is…
Jack Mallers, CEO and founder of Chicago-based bitcoin payment provider Strike, in a Wednesday interview on Bloomberg stated that the potential approval of spot Ethereum ETFs is a move driven by the interests of read more
Business a.m. The Nigerian Exchange (NGX) witnessed a decline on Wednesday as the benchmark index dropped by 0.16 percent to close at 98,128.00 points. The negative performance was primarily driven by sell pressure on GTCO (-3.55%),…
As San Diego becomes the busiest arrivals sector along the US-Mexico border, organizers warn the election’s immigration focus will bring more instability
Western officials braced for a period of increased volatility with Iran as the country prepares to choose a successor to the late President Raisi, though they don’t expect Tehran to make major foreign-policy shifts.
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has attributed the recent volatility in the foreign exchange market leading to the recent depreciation of the Naira against the dollar to “seasonal demand” for the…