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BUSINESS1d agoASML declares 2026 interim dividend of €1.88 per share, payable in NovemberASML has declared an interim dividend of €1.88 per share for 2026, which is scheduled for payment in November. This announcement details the company's shareholder distribution.Seeking Alpha Tech
BUSINESS1d ago‘It’s Regressive’ – IMF warns Nigeria against restoring petrol subsidyThe International Monetary Fund (IMF) has advised Nigeria against restoring broad petrol subsidies, recommending targeted financial assistance and social protection programmes to cushion vulnerable households against rising energy costs. The fund said blanket fuel subsidies were fiscally expensive, disproportionately benefited higher-income consumers and could worsen pressure on public finances amid rising borrowing costs. Rodrigo Valdés, […] The post ‘It’s regressive’ – IMF warns Nigeria against restoring petrol subsidy appeared first on Vanguard News.Vanguard Nigeria
BUSINESS1d agoW/Bank mobilises $5.79bn private capital for NigeriaBy Emma Ujah, Abuja Bureau Chief The World Bank Group has said it is helping to mobilise $5.79 billion in private capital for investment in Nigeria’s agriculture, telecommunications and micro, small and medium enterprises (MSMEs), in a major push to expand private-sector participation in the economy. The financing drive is being supported by policy reforms, […] The post W/Bank mobilises $5.79bn private capital for Nigeria appeared first on Vanguard News.Vanguard Nigeria
BUSINESS1d agoCardinal Energy declares CAD 0.06 dividendCardinal Energy has announced a dividend of CAD 0.06. This is a routine financial update for the company and its investors.Seeking Alpha Tech
BUSINESS1d agoNPA targets rail, logistics gaps for efficient Inland dry port operationsBy Godwin Oritse The Nigerian Ports Authority (NPA) has moved to address rail connectivity and logistics challenges affecting inland dry ports as part of efforts to integrate the facilities into the nation’s port system and improve cargo movement across the country. The move followed a meeting between the NPA management, led by its Managing Director, […] The post NPA targets rail, logistics gaps for efficient Inland dry port operations appeared first on Vanguard News.Vanguard Nigeria
BUSINESS1d agoASML Holding in charts: Q3 net sales and gross profit surge backed by 121 total systems soldASML Holding reported a surge in Q3 net sales and gross profit, driven by the sale of 121 systems. This indicates strong financial performance for the technology company.Seeking Alpha Tech
BUSINESS1d agoHong Kong bus operators seek fare hikes of up to 17.7% amid fuel price surgeFour Hong Kong franchised bus operators have applied to raise fares by up to 17.7 per cent, citing “significant financial pressure” from soaring fuel prices driven by the Middle East conflict. Citybus has sought the steepest increase, at 17.7 per cent, followed by the KMB Company at 16 per cent. Long Win Bus and New Lantao Bus have applied for rises of 8.1 per cent and 9.8 per cent respectively, according to a paper the Transport and Logistics Bureau submitted to the Legislative Council on...South China Morning Post
BUSINESS1d agoIndia’s trade deficit with China crosses $100 billion in 2026Two-way trade between January and September was up 25.4% to $144.45 billion, while India’s imports from China continued to rise, up 23.3% to $125.19 billionThe Hindu
BUSINESSBREAKING1d agoOil prices rise after reported attacks on ships in Strait of HormuzEuroNews [en]
BUSINESS1d agoIMF: Nigeria’s banks need stronger safeguards after recapitalisationIMF has warned Nigerian authorities that “the sovereign and bank nexus is also an important area” of concern for African economies. The post IMF: Nigeria’s banks need stronger safeguards after recapitalisation appeared first on Vanguard News.Vanguard Nigeria
BUSINESS1d agoDistribution Solutions to acquire GradeEight; transaction accretive to EBITDADistribution Solutions plans to acquire GradeEight, with the transaction expected to increase EBITDA. This indicates a corporate merger and acquisition activity.Seeking Alpha Tech
BUSINESS1d agoGlencore makes Australian debut, eyes potential ASX 200 inclusionGlencore made its debut in Australia and is considering potential inclusion in the ASX 200 index. This represents a significant corporate financial development in the Australian market.Seeking Alpha Tech
BUSINESS1d agoMore expensive gas, semiconductors likely pushed up inflation last monthInflation likely worsened in September in one of the last price reports the government will issue before the midterm elections that have been heavily defined by concerns over affordabilityABC News
BUSINESS1d agoG-24: Nigeria, other developing nations need cheaper financing — Oyedele“Debt vulnerability is a major obstacle to growth in many developing countries,” Oyedele said, highlighting the need for predictable and coordinated approaches The post G-24: Nigeria, other developing nations need cheaper financing — Oyedele appeared first on Vanguard News.Vanguard Nigeria
BUSINESS1d agoNAFDAC Bursts Over 20 Fake Alcoholic Drink Factories At Lagos Trade Fair ComplexTwo suspects were apprehended during the operations, while products seized and evacuated are valued at over ₦2 billion. The post NAFDAC Bursts Over 20 Fake Alcoholic Drink Factories At Lagos Trade Fair Complex appeared first on Channels Television.Channels TV
BUSINESS1d agoNigeria’s private capital inflows hit $6bn as reforms gather pace — W/Bank•Tax-to-GDP ratio rises to 12.5% from 7% — Oyedele By Emma Ujah, Abuja Bureau Chief Nigeria’s private capital inflows have surged nearly 20-fold to almost $6 billion in 2026 from about $300 million in 2023, President of the World Bank Group, Mr. Ajay Banga, has said, just as the Federal Government (FG) said it has […] The post Nigeria’s private capital inflows hit $6bn as reforms gather pace — W/Bank appeared first on Vanguard News.Vanguard Nigeria
BUSINESS1d agoLCCI proposes 20% petrol price cut in 6-month programmeBy Yinka Kolawole The Lagos Chamber of Commerce and Industry (LCCI) has proposed a six-month petrol price reduction programme targeting a 15 to 20 per cent cut in pump prices to ease the burden of high energy and transportation costs on Nigerian businesses and households. In a statement, Director-General of LCCI, Dr. Chinyere Almona, said […] The post LCCI proposes 20% petrol price cut in 6-month programme appeared first on Vanguard News.Vanguard Nigeria
BUSINESS1d agoNigerians still suffer high cost of living, despite economic growth — IMFIMF has said despite Nigeria’s economic growth and status as an energy exporter, the cost of living remained high, leaving Nigerians struggling The post Nigerians still suffer high cost of living, despite economic growth — IMF appeared first on Vanguard News.Vanguard Nigeria
BUSINESS1d agoGalderma buys ZO Skin Health for $1.5B in cash from Blackstone, Obagi familyGalderma has acquired ZO Skin Health for $1.5 billion in cash from Blackstone and the Obagi family. This represents a major acquisition within the business sector.Seeking Alpha Tech
BUSINESS1d agoNo rush to T+1: Hong Kong exchange won’t hurry settlement-time change, sources sayParticipants in Hong Kong’s stock market may need to wait longer for shorter transaction settlement times, as market participants want more time to prepare for the change, according to two sources familiar with the matter. Bourse operator Hong Kong Exchanges and Clearing (HKEX) said in a consultation paper in April that it aimed to implement a so-called T+1 system – under which trades would be settled one day after transactions – in the fourth quarter of 2027, replacing the existing T+2...South China Morning Post
BUSINESS1d agoCoreWeave seeks insurers’ capital to finance AI infrastructure build-out - reportCoreWeave is reportedly seeking capital from insurers to finance the expansion of its AI infrastructure. This indicates a significant funding effort in the technology sector.Seeking Alpha Tech
BUSINESS1d agoDollar to Naira exchange rate today, October 14, 2026The dollar is trading at different rates in Nigeria’s official and parallel foreign exchange markets on Wednesday, October 14, 2026. The post Dollar to Naira exchange rate today, October 14, 2026 appeared first on Vanguard News.Vanguard Nigeria
BUSINESS1d agoAsia must guard against repeat of 1997 financial crisis: Philippine central bank chiefAsian countries must remind themselves about what happened during the region’s financial crisis in the late 1990s and guard against a recurrence of such shocks, the head of the Philippine central bank said ‌on Wednesday. Before the Asian financial crisis started in 1997, regional economies saw huge capital inflows that prompted the World Bank to describe it as the “East Asian miracle”, Eli Remolona, governor of the central bank, said in an International Monetary Fund panel on the outlook for the...South China Morning Post
BUSINESS1d agoEarnings Snapshot: ASML Q3 GAAP EPS beats at €12.93; raises Q4 guidance above estimates and updates FY26 sales outlookASML reported Q3 earnings per share that exceeded expectations, raised its Q4 guidance, and updated its sales outlook for fiscal year 2026. This indicates strong performance and positive future projections for the company.Seeking Alpha Tech
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