Finance

Nigeria’s central bank hikes interest rate to 24.75% as it battles sky-high inflation, currency crisis

The Central Bank of Nigeria on Tuesday hiked its key interest rate by 200 basis points, as Africa’s largest economy…

Cocoa prices hit $10,000 per metric ton for the first time ever

Cocoa prices hit a record Tuesday as supply constraints fuel prices higher. Futures for May delivery were up 3.9% at…

Binance executive escapes Nigerian custody as authorities file new tax charges

One of two Binance executives detained in Nigeria has escaped custody, while the Nigerian government has filed new tax evasion…

Japan bucks private equity slowdown in Asia Pacific with deal value soaring 183% last year

The total value of private equity deals in Asia Pacific last year fell to its lowest since 2014 as fundraising…

Two fresh ways to play the weight loss and megacap tech hype

A major exchange-traded fund provider is going deep on two popular plays: megacap tech and weight loss drug stocks. In…