Real Time Financial News Website
Bitcoin’s price broke through $18,000 in what some experts are attributing to global events and bullish fundamentals in crypto. The world’s top cryptocurrency by market capitalization reached a high of…
S&P Global Ratings warned that banks could face their toughest year since the aftermath of the global financial crisis, with four key risks hanging over the sector. The ratings agency…
The Opec+ Joint Ministerial Monitoring Committee (JMMC) has declined an informal request from Nigeria to re-evaluate the baseline from which its crude output cuts are calculated. Nigeria had asked for…
In February, data showed that, for the fifth year in a row, more Nigerians emigrated to Canada in 2019 than the year before. Another marker of that exodus is that…
Nigeria’s president will do what it takes to prevent a repeat of demonstrations against police brutality last month that led to unrest in which dozens of protesters and police were…
Nigeria’s House of Representatives will pass a long-delayed oil reform bill within six months, its speaker said on Tuesday, potentially paving the way for an overhaul of laws governing the…
The Nigeria Immigration Service (NIS), Edo Command, said on Tuesday that it issued travelling documents to no fewer than 7,874 applicants between July and October. Mrs Augustina Okuenyungbo, the Comptroller…
Nigeria lifted a ban on flights to the West African country by Air France, KLM, Lufthansa and Qatar Airways Africa’s most populous country of more 200 million people barred a…
The Lagos State Ministry of Tourism, Arts and Culture disclosed it has designed a palliative eligibility form, to take in the applications of qualified practitioners for its N1 billion seed…
Hollywood actor, George Clooney has confirmed a longstanding rumor that he was able to give 14 of his closest friends $1million each in cash. In GQ’s Men of the Year…
Kohl’s shares rose more than 5% Tuesday, after Chief Executive Michelle Gass laid out the retailer’s plans to expand in activewear and personal care in 2021, two hot pockets of…
Three Amazon sellers have been fined by New York Attorney General Letitia James after they were discovered to be price gouging hand sanitizer. Between February and March, third-party merchants Mobile…
Walmart CEO Doug McMillon said Tuesday that customers are loading up on items such as toilet paper again as coronavirus cases rise — but he said the retail giant is…
SoftBank CEO and founder Masayoshi Son said he aggressively sold assets this year to prepare for a “worst case scenario” that could take place if the world shuts down in…
WASHINGTON – President-elect Joe Biden on Tuesday announced his first slate of senior White House staff, choosing a mix of longtime Biden loyalists and rising Democratic stars. The overall makeup…
President Donald Trump’s personal lawyer, Rudy Giuliani, on Tuesday was allowed to join a lawsuit seeking to stop Pennsylvania from certifying election results expected to confirm a projected victory for…
Amazon is entering the pharmacy business with a new offering called Amazon Pharmacy, allowing customers in the United States to order prescription medications for home delivery, including free delivery for…
Sen. Rob Portman told CNBC on Tuesday that he’s participating in Johnson & Johnson’s Covid-19 vaccine clinical trial, hoping to underscore the importance of vaccines in ending the pandemic. “The…
The dollar nursed losses on Tuesday as a return of coronavirus restrictions in some U.S. states and worries about a smooth transition for President-elect Joe Biden offset optimism about a…
The Federal Government has announced plans to make the foreign exchange available to petroleum product marketers, in order to make the importation of petrol into the country competitive, reduce the…
Sterling rose against a broadly weaker dollar and edged higher against the euro on Tuesday as traders awaited news on the progress of trade talks between Britain and the European…
The euro rose against the dollar on Tuesday, helped by optimism over another coronavirus vaccine, while the Chinese yuan hit its highest against the U.S. currency since June 2018. Europe’s…
Oil prices edged up on Tuesday helped by expectations that OPEC and its allies would tighten supplies next year and supported by news of a second possible COVID-19 vaccine. “Oil…
The summit will discuss issues on Nigerians in Ghana and elsewhere, who are facing harsh conditions. Nigeria is billed to hold its third diaspora investment summit to boost remittances from…
Following aggressive interest rate cuts when coronavirus restrictions shut down output, African central bankers meeting for the final time this year may find that they’ve exhausted their monetary-policy options. Activity…
The Major Oil Marketers Association of Nigeria (MOMAN), an umbrella body of petroleum products marketers in the country, has advised against ‘group fixing’ of petrol price by marketers associations. The…
Freight forwarders under the aegis of the Association of Nigerian Licensed Customs Agents have tasked the Federal Government to re-open the border in order to benefit from the African Continental…
The scarcity of forex at the parallel market is beginning to take its toll on the value of the Nigerian currency at the foreign exchange market. Business Post keenly observed…
Despite the hue and cry against the deployment of Fifth Generation (5G) technology in the country, the Nigerian Communications Commission (NCC), has said only the Federal Government has the final…
Nigeria’s energy sector is about to receive a major boost from huge investment decisions from China, which is eyeing key exploration operations in the oil and gas sector in Africa.…