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Moniepoint, an African digital fintech, has stated as family businesses evolve, they will stay on the heart of Nigeria’s economic… Global fintech funding dropped by 16 % within the first quarter of 2024. The naira’s steep rise in recent weeks after hitting report lows has prompted questions about the whereabouts of the petrodollars… Spot gold held its ground at $2,381.sixty eight per ounce, as of 0337 GMT, after hitting an all-time high of $2,431.29 on Friday.

The Group of Seven foreign ministers gathers on the scenic Italian island of Capri, prioritizing discussions on imposing fresh sanctions in opposition to Iran in response to its current assault on Israel. Amid escalating tensions, the summit, beneath Italy’s presidency, also focuses on rallying help for Ukraine towards Russia’s aggression, underscoring the pressing want for worldwide cooperation and diplomatic efforts. RntKey gauges ended unchanged as selling on the ultimate day of the week ate all their initial weekly gains as traders opted to e-book preliminary profit forward of macro-economic information. In the US, the benchmark S&P 500 and Nasdaq gained after softer-than-an… A Vancouver girl whose company duped buyers by promising big returns on real-estate offers that might home the homeless has been ordered to pay nearly $626,000 after the British Columbia Securities Commission deemed the operation a Ponzi scheme.

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This follows, an funding of Rs 5,000 crore on 18 October 2022 and Rs 6,661 crore on 28 Mar 2024, which was for part issuance of the shares. The world bank and the African Development Bank have announced plans to associate to provide entry to energy for 300 million Africans by 2030. Cocoa futures recovered above the $10,150 mark on the Intercontinental Exchange in New York as it consolidated beneath this week’s record highs whereas Nigeria plans to spice up its manufacturing.

In Biggest-ever Gold Heist In Canada, Air Canada Staffer Parmpal Sandhu Arrested

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The Bank of Canada says business and consumer sentiment improved in the course of the first quarter of the 12 months, despite higher interest rates still placing a drag on the economy. Corporate issuance in the Canadian bond market is set to reasonable after the second busiest first quarter on record, according to a report from RBC Capital Markets. The domestic gold market is on an upward trajectory, with prices smashing by way of previous records but once more. On Thursday, the value surged by Rs 1,000 per tola, hitting a brand new milestone.

Gold Prices Down B600 To B40,750

Uri Berliner, a senior business editor at NPR, mentioned the public radio network’s liberal bias had tainted its protection of necessary stories. Attacks on cargo vessels within the Red Sea might drive more shippers toward the Port of Vancouver after a 12 months of record-high volumes, its CEO stated. Provincial officers in Canada are trying to pressure the surviving co-founder of defunct crypto trade QuadrigaCX to clarify how he came by a money hoard, 45 gold bars and jewelry together with a diamond-studded Rolex.

Moreover, Patrick Pouyanné introduced that TotalEnergies intends to drill the primary deepwater exploration properly on the PPL 576 license in 2025. A Vietnamese actual property tycoon was sentenced to dying Thursday in the nation’s biggest-ever monetary fraud case, a surprising development in an intensifying anti-corruption drive within the southeast Asian nation. With a cost-of-living crisis, inflation and higher rates of interest plus international financial headwinds, Rachel Pupazzoni appears at the week in business and finance. Stay updated with the latest business, markets and financial news and insights as Australia and the world navigate turbulent monetary occasions.

Reps ask NPA to reverse termination of agreement with IntelsThe House of Representatives yesterday waded into the continuing controversy… NAICOM moves to enforce obligatory insurance of public buildingsTo drive the enforcement of the compulsory insurance coverage of public… FCMB Bank Limited Launches Personal and Business Banking Proposition to Deepen InclusivenessFCMB Bank Limited, an independently integrated subsidiary of First… FCMB Bank Limited Launches Personal and Business Banking Proposition to Deepen InclusivenessFCMB Bank Limited, an independently incorporated subsidiary of First City Monument… DMO extends N100bn Sukuk supply by 2 daysThe offer for subscription of the Federal government N100 billion Sukuk which… The House of Representatives yesterday waded into the continuing controversy between the Nigeria Ports Authority …

Sign up for distinctive views and unique reporting from the magazine’s famend journalists, each weekday. Analysis – Policy modifications, a steady OCR fee, low construction costs, and the excessive price of house ownership are impacting a “flat” housing market. Crowdfunding investment service Equitise has lost its licence to operate.

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