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NDIC assumes control of 46 failed microfinance banks’

  • 2nd July 2026

Oil slips below $71 as Iran-US talks ease

  • 2nd July 2026

Nombank targets Nigeria’s SME market with data-driven lending

  • 2nd July 2026

Stakeholders demand fresh bid for 40% Amukpe–Escravos pipeline

  • 2nd July 2026

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Tag: Global stocks

Business

Global stocks slide as Middle East tensions drive oil higher

Global stock markets declined on Monday as investors grew increasingly concerned about the outlook for technology stocks, while oil prices surged following renewed tensions in the Middle East that weakened expectations of a near-term reopening of the Strait of Hormuz. Equity markets across Asia and Europe tracked losses on Wall Street, where major technology stocks […]

Finance

Saudi market opening raises stakes for Nigeria’s capital flows

Saudi Arabia has announced plans to fully open its financial markets to all foreign investors from February 1, a move aimed at attracting overseas capital, boosting liquidity and accelerating the kingdom’s economic diversification agenda. The decision forms part of Saudi Arabia’s Vision 2030 reforms and is expected to reshape global investment flows, strengthen market depth […]

Technology

Global tech stocks surge as AI fuels markets

Global equity markets have opened 2026 on a strong footing, with notable momentum in sectors linked to artificial intelligence and data-centre infrastructure. The rally has been largely fuelled by sustained investor demand for technology stocks, reflecting confidence in the long-term growth prospects of the sector. Major global indices have responded positively to this trend, with […]

News

Global stocks surge to best week since August

Global stock markets are on track for their best week since August, with investor sentiment buoyed by U.S. President Donald Trump’s decisive election victory and a fresh round of fiscal stimulus from China aimed at supporting its struggling economy. Following the U.S. Federal Reserve’s anticipated quarter-point interest rate cut, market attention shifted to the aftermath […]

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