May 9, 2025/Cordros Report Global In line with market expectations, the Federal Open Market Committee (FOMC), at its May 2025 meeting, voted to maintain the target range for the federal funds rate at 4.25% – 4.50%, leaving the rate unchanged for the fourth consecutive time. The Committee noted that, excluding […]
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NGXASI Dips -0.46%, Dragged by Blue Chips
May 9, 2025/InvestmentOne Report The NGXASI fell by 0.46% today to close at 108,733.40pts, as the bargain hunting in TRANSCORP (-4.55%), TRANSCOHOT (-2.54%) and ACCESSCORP (-2.54%) pushed the local equities market into the red zone. In the fixed income space, the Treasury Bills secondary market traded on a negative note […]
Emirates Emerges as the World’s Most Profitable Airline, as Profits Hit $6.2 Billion
May 8, 2025/JSP Communications Emirates Group today released its 2024-25 Annual Report, achieving new record profit, EBITDA, revenue, and cash balance levels. This outstanding performance places the Emirates Group as the most profitable aviation group globally in the 2024-25 reporting period, with Emirates reporting the best result in its history to […]
