“Instead of us importing”: Ghana gives simple condition to buy petrol from Dangote refinery
- Ghana is considering buying petroleum products from Dangote Refinery, according to the head of the country’s oil regulator
- This might remove $400 million in monthly petroleum imports from Europe, according to the chairman of Ghana’s National Petroleum Authority
- He said that importing from Nigeria rather than Europe would reduce the cost of other goods and services by removing freight charges
Legit.ng journalist Zainab Iwayemi has over 3-year-experience covering the Economy,
Read MoreDow Leads Stocks Higher Ahead of Tech Earnings
The stock market is rising, lead by the Dow Jones Industrial Average, in trading action that is consistent with recent expectations for the upcoming election.
The Dow has gained 0.8%, while the technology-heavy Nasdaq Composite is up 0.6%. The S&P 500 is up 0.5%.
The Dow’s components,
» Read more about: Dow Leads Stocks Higher Ahead of Tech Earnings »
Read MoreDow, stocks push higher ahead of Big Tech earnings, key data
In the first day of a busy week, the Dow Jones Industrial Average (^DJI) lead index gains as the tech-heavy Nasdaq Composite (^IXIC) and S&P 500 (^GSPC) await earnings from five of the Magnificent Seven players: Alphabet (GOOG,
» Read more about: Dow, stocks push higher ahead of Big Tech earnings, key data »
Read MoreDow Jones, Nasdaq begin busy earnings week on a positive note as oil prices fall
US equities began the busiest earnings week on a positive note with the Dow Jones staging a rebound after two days of underperformance. Softening oil prices also provided a lift to stocks.
The Dow Jones gained over 270 points on Monday, while the S&P 500 and the Nasdaq gained close to 0.3% each.
Read MoreSharkNinja sees big stock drop even after beating Wall Street estimates
What’s a CEO got to do to impress Wall Street?
You can’t blame SharkNinja boss Mark Barrocas for asking himself that question. On Thursday, Barrocas reported third-quarter earnings that beat the analysts’ estimates. Ditto for third-quarter revenue. And perhaps more important for forward-looking stock investors, Barrocas raised the Needham-based consumer products company’s sales guidance for the full year,
» Read more about: SharkNinja sees big stock drop even after beating Wall Street estimates »
Read MoreThe Burst
Is It Time to Buy Amazon on the Dip?
» Read more about: Is It Time to Buy Amazon on the Dip? »
Read MoreThe Ivy
Market Commentary: Billionaire Investment Memo Secrets Revealed
Howard Marks is the billionaire founder of Oaktree Capital, which oversees $164 billion. Last we looked his net worth eclipsed $2.2 billion. That kind of wealth isn’t accumulated by accident. So what’s his formula for success?
We jumped down the rabbit hole to explore what secrets lay within his investment memos and here is a list that could be helpful in building enormous wealth over the long-term.
» Read more about: Market Commentary: Billionaire Investment Memo Secrets Revealed »
Read More