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Category Archive: Business

FTC Set To Make Second Request On Broadcom’s Bid For Qualcomm: Sources

The U.S. Federal Trade Commission is set to make a second request for information on chipmaker Broadcom Ltd’s (AVGO.O) $103 billion hostile bid for Qualcomm Inc (QCOM.O), people familiar with the...

NSE Market Capitalisation Hits N16.080trn All-Time High

SAN FRANCISCO, January 17, (THEWILL) – The price rally on the Nigerian Stock Exchange (NSE) continued on Wednesday with the market capitalisation hitting an all-time of N16.080 trillion. The...

Inflation Drops To 15.37% In December 2017 – NBS

BEVERLY HILLS, January 16, (THEWILL) – The National Bureau of Statistics (NBS) has stated Nigeria’s inflation rate, measured by the Consumer Price Index (CPI), has further dropped to 15.37 per...

South Korea Plans To Ban Cryptocurrency Trading, Rattles Market

South Korea’s government said on Thursday it plans to ban cryptocurrency trading, sending bitcoin prices plummeting and throwing the virtual coin market into turmoil as the nation’s police and...

Bonds Bounce, Stocks Struggle, Bitcoin Battered

Worries about a U.S.-led trade war put world stocks at risk of their first two day loss of the year on Thursday, while bond markets bounced as China poured cold water on reports that it might stop...

South Korea Justice Ministry Prepares To Ban Cryptocurrency Trading, Exchanges Raided

South Korea’s justice minister said on Thursday the government is preparing a bill to ban cryptocurrency trading, throwing the virtual coin market into turmoil as the nation’s police and tax...

Wall Street Lower After Report China May Slow U.S. Bond Purchases

Wall Street’s major indexes fell on Wednesday, stalling the rally that marked the start of 2018, after a report that China is considering slowing its purchases of U.S. government debt. Bank stocks...

2017: Forte Oil Worst Performing Stock On NSE

For the second year running, Forte Oil maintained its leadership as the worst performing stock on the Nigerian Stock Exchange (NSE) in 2017 in percentage terms. Statistics obtained by the News Agency...

World Stocks Shatter Records; Euro Near Three-Year High

Strong data from the world’s largest economies helped global shares climb to new heights on Thursday, while the euro hovered near a three-year high and the U.S. dollar fell against major...

Unilever To Close UK Colman’s Mustard Factory

Production of the condiment will likely start to be transferred this year to other British sites including Burton upon Trent, where Marmite and Bovril are made, with some packing moving to Germany,...

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