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BUSINESS1d agoWhat African countries, others can learn from Nigeria’s economic reforms – Minister“People can easily tell that because of the reform, life is harder. But you need to show them without the reform, it will be hardest,” he said. The post What African countries, others can learn from Nigeria’s economic reforms – Minister appeared first on Premium Times Nigeria.Premium Times
BUSINESS1d agoU.S. Treasury yields inch lower as investors await key inflation reportTreasury yields moved higher after the latest inflation reading.CNBC
BUSINESS1d agoSK Group chairman to sell 1.34% stake to Dell family office fundThe chairman of SK Group plans to sell a 1.34% stake in the company to a Dell family office fund. This represents a notable transaction in corporate investment.Seeking Alpha Tech
BUSINESS1d agoGameStop CEO Ryan Cohen buys another $22.8M in sharesGameStop CEO Ryan Cohen has purchased an additional $22.8 million worth of shares in the company. This action reflects an increased personal investment in the firm.Seeking Alpha Tech
BUSINESS1d agoQ3: Dangote Refinery Posts $22.5bn Revenue, Records $4.7bn ProfitThe financial performance comes at a defining moment for Dangote Petroleum Refinery, whose IPO is seeking to bring a broader cross-section of Africans into the ownership of one of the continent's most significant industrial investments. The post Q3: Dangote Refinery Posts $22.5bn Revenue, Records $4.7bn Profit appeared first on Channels Television.Channels TV
BUSINESS1d agoRyohin Keikaku GAAP EPS of ¥143.84, revenue of ¥923.59B; updates FY 2027 outlookRyohin Keikaku has reported its GAAP EPS as ¥143.84 and revenue as ¥923.59 billion, and has also provided an updated outlook for fiscal year 2027. These figures represent the company's recent financial performance and future projections.Seeking Alpha Tech
BUSINESS1d agoRecent EU-China talks were a 'good starting point', MEP Lange saysBernd Lange, S&D MEP and chair of the European Parliament’s International Trade Committee, hopes the EU and China can reach a “comprehensive agreement” to resolve their trade dispute by March next year.EuroNews [en]
BUSINESS1d agoInflation climbs to 4.9% in September due to fuel price impactEl Gobierno mantendrá el descuento de 20 céntimos al combustible. El IPC alcanza la cifra más alta registrada desde febrero de 2023 LeerEl Mundo
BUSINESS1d agoBlue dollar today: how much it trades for this Wednesday, October 14Mirá la cotización para la compra y venta del dólar blue hoy.La brecha con el dólar oficial.Clarín
BUSINESS1d agoEgypt to build a rail link as an alternative to the blocked Suez CanalDubbed the "Suez Canal on Rails", the line connects Red Sea ports directly to Mediterranean export terminals. Once fully operational, it is expected to carry up to 13 million tonnes of freight each year, allowing cargo to be transferred across Egypt by rail and helping bypass maritime bottlenecks.Africanews [en]
BUSINESS1d agoGreenwich Bank targets SMEs, farmers, opens branchesBy Peter Egwuatu Greenwich Bank Limited has expanded its commercial banking footprint into Ondo and Ekiti States with the commissioning of branches in Akure and Ado-Ekiti, as the financial institution advances its strategy to bring a broader range of banking services closer to small and medium-sized enterprises (SMEs), entrepreneurs, traders, farmers and other businesses across […] The post Greenwich Bank targets SMEs, farmers, opens branches appeared first on Vanguard News.Vanguard Nigeria
BUSINESS1d agoC919 set to lead way as Chinese aircraft forecast to secure 5% of world market in 20 yearsChina’s chief civilian aircraft builder will command 5 per cent of the world’s fleet allocation by 2045 as global demand for narrowbody jets and the domestic order book look strong, an aviation analytics firm has forecast. Airbus would have 47 per cent of the passenger fleet allocation and Boeing 39 per cent, both leading state-owned Commercial Aircraft Corporation of China (Comac), analytics firm Cirium forecast on Tuesday. It said Embraer would take 3 per cent and ATR 2 per cent. Comac has a...South China Morning Post
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
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