Business

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 market capitalisation, which opened at N15.782 trillion inched N298 billion or 1.89...

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 cent in December 2017 from 15.90 per cent recorded in...

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 tax authorities raided local exchanges on alleged tax evasion. The clampdown...

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 buying U.S....

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 authorities raided local exchanges on alleged tax evasion. The clampdown...

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 were largely favored as U.S. Treasury yields jumped...

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 of Nigeria (NAN) from the exchange indicated that...

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 currencies. MSCI’s gauge of stocks across the globe broke...

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, the company said on Thursday. The decision follows...

The U.S. Securities and Exchange Commission warned Thursday that investors should “exercise caution” with cryptocurrencies like bitcoin, noting state and federal regulators may not be able to recoup any lost investments from illegal actors. Many promoters of initial coin offerings...