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Market News Nigeria
Business

Weekly Diaspora Remittances To Nigeria Jump By Over 100% After CBN’s Policy Directive

News Editor Feb 26, 2021 0
Banking

Bank Of England Official Warns Inflationary ‘Tiger’ Has Awoken,…

Business

Nigeria Will Benefit Less From African Trade Deal – NESG

Business

Electricity Consumers Get 611,231 Meters Under MAP Scheme

Business

My $1.9 Billion In Minnesota Bank – Femi Adesina

World

Barclays Found Guilty Of “Serious Deceit” In 2008 Fundraising,…

News Editor Feb 26, 2021 0
A London High Court judge has found Barclays guilty of “serious deceit” over how it negotiated a financial lifeline…
Business

London Could Lose Out To New York Under Draft EU Finance Deal: Document

News Editor Feb 26, 2021 0
The City of London’s finance industry would be worse off than rival New York under an early draft for a cooperation…
Business

Bond Markets Left Smarting From Worst Rout In Years As Reflation Goes Global

News Editor Feb 26, 2021 0
From the United States to Germany and Australia, government borrowing costs on Friday were set to end February with…
Business

Global Stocks Routed As Inflation Fears Dominate

News Editor Feb 26, 2021 0
Global stocks tumbled Friday as a sharp bond selloff encouraged investors to dump riskier assets. Asian…
Local

Telecom Workers Threaten Services Disruption Over Anti-Labour Practices

News Editor Feb 26, 2021 0
Private Telecommunications and Communications Senior Staff Association of Nigeria has threatened to disrupt the…
Banking

Federal Government Seeks Asset Manager For N15tn Infraco Fraud

News Editor Feb 26, 2021 0
The federal government plans to hire an asset manager for its new Infrastructure Development Company (Infraco),…
Opinion

Lady Gaga, Offers To Pay N240Million Naira For Anyone Who Can Find Her French…

News Editor Feb 26, 2021 0
American singer Lady Gaga has offered a $500,000 (Over N240 million) reward for the safe return of two of her…
Business

Oil Drops 1% On U.S. Dollar Strength, Expectations For Supply Gains

News Editor Feb 26, 2021 0
Oil prices fell on Friday as a collapse in bond prices led to gains in the U.S. dollar and expectations grew that…
Business

Nigeria’s Economy Moving In Right Direction But Slow – Amina Mohammed

News Editor Feb 26, 2021 0
Nigeria is moving in the right direction economically but its movement is not fast, the United Nations stated on…
Business

N10.7Tn Spent On Fuel Subsidy In 10 Years – Major Oil Marketers Association Of…

News Editor Feb 26, 2021 0
Nigeria spent a total of N10.7tn on fuel subsidy in the last 10 years, the Chairman, Major Oil Marketers…
Business

Nigerian Port Authority Accuses Govt Agencies Of Sabotaging 24-Hour Port Operation

News Editor Feb 26, 2021 0
The Managing Director of the Nigerian Ports Authority, (NPA), Ms. Hadiza Bala-Usman, has accused some federal…
Business

Pandemic Pushes BA-Owner IAG To A 4.4 Billion Euro Loss In 2020

News Editor Feb 26, 2021 0
British Airways-owner IAG posted a loss of 4.37 billion euros ($5.31 billion) for 2020 after a year of minimal…
Business

Corruption In Ports Batters Nigeria’s Global Rating — NSC

News Editor Feb 26, 2021 0
The Executive Secretary of the Nigerian Shippers Council, NSC, Hassan Bello has said that the negative global…
Business

Open Banking In Nigeria: What Next For Financial Services Sector

News Editor Feb 26, 2021 0
The Central Bank of Nigeria’s (CBN) recently released the Regulatory Framework for Open Banking in Nigeria, a…
Business

China’s Huawei, Reeling From U.S. Sanctions, Plans Foray Into EVs –…

News Editor Feb 26, 2021 0
China’s Huawei plans to make electric vehicles under its own brand and could launch some models this year, four…
World

Planemaker Airbus Unveils Emissions Data Amid Climate Pressure

News Editor Feb 26, 2021 0
European planemaker Airbus on Friday joined a growing list of companies outlining the environmental impact of their…
Business

Nigeria Engages Other Countries As OPEC Moves To Ease Production Cut

News Editor Feb 26, 2021 0
As Nigeria engages key African countries ahead of the Organisation of Oil Exporting Countries and allies ((OPEC+)…
Business

Central Banks Fight Back Against Bond Rout, Calming Investors

News Editor Feb 26, 2021 0
The standoff between central banks and bond traders took center stage in Asia on Friday after Treasury yields…
Business

Unifying Naira’s Exchange Rate Will Take Time, Nigerian Govt Tells World Bank

News Editor Feb 26, 2021 0
The government says World Bank's insistence that the gap between the spot and the parallel market rates be closed…
Business

Yuan Hits One-Month Low, Set To Snap Eight Months Of Gains

News Editor Feb 26, 2021 0
China's yuan hit one-month lows against a firmer U.S. dollar on Friday, after rallying for eight consecutive…
Business

Investment Funds Increase Pressure On Danone CEO

News Editor Feb 26, 2021 0
U.S. investment company Artisan Partners joined activist investor Bluebell Capital Partners on Friday in demanding…
Business

Debt Crisis Threatens Developing Nations, World Bank Head Says

News Editor Feb 26, 2021 0
U.S. Economy Recovering Fast, World Bank's Malpass Says Developing nations remain at risk of a debt crisis due…
Business

Analysis: Hyundai Bought Chips When Rivals Didn’t; Its Assembly Lines Are…

News Editor Feb 26, 2021 0
Hyundai Motor has so far avoided a chip shortage that has plagued global automakers, largely maintaining its…
Business

U.S. Senate Referee Says Democrats Cannot Include $15 Minimum Wage In COVID Bill

News Editor Feb 26, 2021 0
In a blow to Democrats, the Senate parliamentarian ruled the chamber cannot include President Joe Biden’s proposed…
Technology

Twitter Sees Revenue Doubling In 2023, Shares Hit Record High

News Editor Feb 25, 2021 0
Twitter Inc said Thursday it expects to double annual revenue to at least $7.5 billion and reach 315 million users…
Technology

Google Pledges Changes To Research Oversight After Internal Revolt

News Editor Feb 25, 2021 0
Alphabet Inc’s Google will change procedures before July for reviewing its scientists’ work, according to a town…
Business

Manipulation Forms 56% Of N5.2Bn Banks Lost To Online Crime In 2020

News Editor Feb 25, 2021 0
Online criminals in 2020 made away with N5.2 billion from digital banking channels such as the web and mobile,…
Business

Trademark: Nigeria Firm Floors Facebook In Court

News Editor Feb 25, 2021 0
The Lagos Division of the Court of Appeal has dismissed an appeal filed by Facebook Inc and Facebook Ireland…
Business

Report: Nigeria Records High Internet Usage, Low Download Speed

News Editor Feb 25, 2021 0
A recent report published by We Are Social and Hootsuite has shown that Nigeria maintains high record of internet…
Business

Former Mining Exec Details Suitcase Full Of Cash He Used To Seal Deals

News Editor Feb 25, 2021 0
A former Glencore director said he used to fly the world carrying a bag full of cash to secure deals for the…
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