Nigeria: FAAN Explains Benefits Of Airport Concession
The Managing Director of the Federal Airport Authority of Nigeria, Capt. Hamisu Yadudu, has said airports concession would reduce the…
Day: August 24, 2020
Naira Crashes 108% Against CFA
The naira has fallen by 108 per cent against the West African CFA (popularly known as CFA) in the past…
Powell Set To Deliver ‘Profoundly Consequential’ Speech, Changing How The Fed Views Inflation
History will remember Paul Volcker and Jerome Powell as standing on the opposite ends of the inflation canyon, with the…
Steady Oil Price Belies Weakening Physical Market
The oil price is holding steady close to $45 a barrel, but prices further forward and in the physical market…
Nigeria To Become Africa’s Largest Avocado Producer By 2030 — Obasanjo
Former President, Chief Olusegun Obasanjo on Monday disclosed that Nigeria could be the largest producer of the Avocado crop by…
Cash Machine Hackers Are Getting Better At Stealing Your Money
In the decade since the hacker Barnaby Jack famously made an ATM spit out cash onstage during the 2010 Black…
Dollar Holds Steady As Investors Await Powell For Catalysts
The dollar steadied against major currencies on Monday as traders looked to the Federal Reserve’s annual Jackson Hole retreat for…
Nigeria: FG Begins Evacuation Of Stranded Nigerians In China
The Federal Government on Monday began the evacuation of Nigerians who have been stranded in China due to COVID-19 restrictions.…
Scientists Doubt Convalescent Plasma Touted By Trump Is A ‘Breakthrough’ Coronavirus Treatment
Scientists and public health officials said Monday they are skeptical convalescent plasma is an effective treatment for patients hospitalized with…
Nigeria: FG Gyrating, Scared After I Threw CAMA Bomb Last Sunday – Oyedepo
Presiding Bishop, Living Faith Church Worldwide, Bishop David Oyedepo on Sunday said the Federal Government and others were gyrating and…
Nigeria: Update Prof. Ogunsola Named Unilag’s Acting VC
Prof. Folasade Ogunsola has been elected as the Acting Vice Chancellor of the University of Lagos, UNILAG. She was elected…
Exclusive: Foxconn, Other Asian Firms Consider Mexico Factories As China Risks Grow
Taiwan-based electronics manufacturers Foxconn and Pegatron are among companies eyeing new factories in Mexico, people with direct knowledge of the…
Hong Kong Buyers Rush For UK Properties After Security Law
Hong Konger Winnie Tong aims to move to Britain with her family in two years, but is stalling on plans…
Corruption In Purchase Of Virus Protective Equipments Is Murder – WHO Chief
The World Health Organization (WHO) has described corruption in the procurement of Covid-19 personal protective equipment (PPEs) as unacceptable and…
20 Strategists Predict The U.S. Presidential Election — And How Stocks Will React
A majority of stock market strategists polled by CNBC expect Democratic candidate Joe Biden to win the U.S. presidential race…
Hedge Funds In Long Haul To Tackle Lack Of Black Money Managers
When the death of George Floyd forced companies to reflect on why there were so few Black people in their…
This Top Performing Fund That Thrives On Disruption Is Having Its Best Year Ever, Up 42%
One technology fund is having its best year ever thanks to big positions in the companies befitting the most from…
Battle-Scarred Creditors Call For Reforms From LatAm Default Duo
As serial defaulters Argentina and Ecuador near the finishing line on their latest sovereign debt overhauls, foreign creditors are nervy…
S&P 500, Nasdaq At All-Time Highs On COVID-19 Treatment Hopes
The S&P 500 and the Nasdaq scaled new heights on Monday, boosted by technology mega-caps and U.S. approval for the…
Tesco To Create 16,000 More Permanent Jobs In Online Boom
Britain’s largest supermarket Tesco on Monday said it will create an additional 16,000 permanent jobs to support the exceptional growth…
Safe Bet? Sovereign Funds Rethink Once-Reliable Real Estate
The COVID-19 pandemic has forced sovereign wealth funds to think the previously unthinkable. With prime office blocks lying empty around…
Wall Street’s Top Analysts See Bigger Gains For Stocks Like Lowe’s and Nvidia
Stocks have delivered very impressive gains recently. Indeed, indexes are circling record levels, boosted by strong second quarter earning reports…
These Areas Of The Cyclical Trade Are Set To Outperform, $114 Billion Money Manager
Parts of the cyclical trade could be prime for a comeback, says Wilmington Trust’s Meghan Shue. With stocks closing at…
Exclusive: ByteDance Investors Seek To Use Stakes To Finance TikTok Bid
ByteDance investors are in talks to use their stakes in the Chinese technology firm to help finance their bid for…
Rio Tinto Cuts CEO, Executives’ Bonuses After Caves Blast Review
Rio Tinto said on Monday it will cut the short-term bonuses of its chief executive Jean-Sébastien Jacques and two other…
Zoom Video, Up 330% This Year, Could Have More Room To Run
One of the hottest stay-at-home stocks could be set for more upside, said Todd Gordon, managing director at Ascent Wealth…
Indian Carrier IndiGo Does Not Expect To Be Profitable Until 2022
Indian low-cost carrier IndiGo does not expect to be profitable in the next 18 months, according to the CEO of…
Trump Reportedly Considers Fast Tracking AstraZeneca Vaccine Before Election
The Trump administration is considering fast tracking an experimental coronavirus vaccine developed in the U.K. for use in the United…
After Culture Change, New President Of Washington’s Football Team Will Focus On The ‘Beast’ – A New Stadium
Jason Wright, the new president of Washington’s football team, will start his role Monday with his initial business strategies in…
Ivory Coast President Ouattara Nominated For Third Term
Ivory Coast President Alassane Ouattara was formally chosen by his party on Saturday to run for a third term in…