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Finance & Markets

Japan Eyes Record 36 T. Yen for Debt-Servicing Costs

Tokyo, Aug. 25 (Jiji Press)--Japan's Finance Ministry plans to seek a record 36,638.6 billion yen in debt-servicing costs in its budget request for fiscal 2027, which starts next April, it was learned Tuesday. The figure is up by 5,362.8 billion yen from the amount allocated in the fiscal 2026 initial budget. With long-term interest rates climbing amid inflation and concerns about fiscal...

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Euro stays near three-month high as US Dollar remains subdued

EUR/USD holds modest gains on Tuesday as the latest Middle East developments fail to trigger a strong market reaction, while the US Dollar (USD) struggles to recover from last week’s sell-off sparked by the US Treasury’s decision to increase buybacks of longer-dated government securities.

These investors own 46% of the entire market value of the NGX

Major shareholders in ten of Nigeria’s largest listed companies hold stakes worth an estimated N73.11 trillion, highlighting the significant concentration of ownership among the biggest companies on…

  • Major shareholders control 64.70% of NGX market value
  • Abdul Samad Rabiu owns 92.64% stake in BUA Foods
  • Dangote Industries holds 86.65% in Dangote Cement

Canadian Stocks Might Open Lower

(RTTNews) - Canadian markets might be slightly lower on Tuesday. Investors are discussing the impact of U.S. President Trump's 50 percent tariff on Canadian autos and steel. The move might disrupt Canadian auto sector and supply chains. The U.S.-Canada trade talks had collapsed l

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