Dollar In Narrow Range Ahead Of U.S. Election, Pound Weakens
The U.S. dollar steadied on Monday as investors prepared for U.S. presidential elections on Tuesday, while a surge in global…
Year: 2020
Oil Falls To Five-Month Low As Lockdowns And Libya Spook Market
Oil kicked off what promises to be a turbulent week of trading by plunging to a five-month low as a…
Low, Middle Income Countries To Attract $508b Remittances
THE World Bank has projected that remittances by migrant workers to low and middle income countries (LMICs) will drop to…
Nigerian Stocks Hit 16-Month High As Company Results Ease COVID Concerns
Nigerian stocks soared to a more than 16-month high on Friday as funds piled into equities, propelled by low interest…
Nigeria’s E-Government Summit To Attract Foreign Participation
Nigeria and six foreign countries will be participating and showcasing their e-Government experiences at this year’s Nigeria e-Government Summit that…
NPA’s Services, Port Operations Not Interrupted Despite Attack – Usman
Hadiza Bala Usman, managing director of the Nigerian Ports Authority (NPA) has assured all port users and other stakeholders that…
Dollar Holds Gains On U.S. Election Caution, COVID-19 Cases
The U.S. dollar held steady on Monday as investors readied for this week’s U.S. presidential election, while a surge in…
26-Year-Old Circulating Fake Naira Notes Arrested
A 26-year-old, identified as Eson Fatgoel, has been arrested by the Adamawa State Police Command for circulating and spending fake…
Foreign Portfolio Investments Drop By N178.7b In Q3
FOREIGN portfolio transactions in the Nigerian markets declined by N178.66billion to N510.25 billion by third quarter 2020 as foreign investors…
Consumers’ Confidence In The Economy Dropped In Q3 — CBN Report
Consumers’ confidence in the economy dropped in the third quarter of the year, according to a survey by the Central…
Cheque Transactions Shrink By 39% As Digital Payments Rise
The volume of cheques cleared by Nigerian banks keep shrinking as bank customers continue to embrace electronic payments for their…
BBC Africa Eye Exposes European Pyramid Scam Exploiting Africans, Others
A new investigation by BBC Africa Eye has uncovered a global pyramid scam, run from Europe, that is using smartphones…
Nigerian Still In Line To Lead World Trade Organization, Despite US Opposition
ABUJA – Nigerians have expressed confidence that the country’s former finance minister, Ngozi Okonjo-Iweala, will still become the first African…
The Great Divergence: U.S. COVID-19 Economy Has Delivered Luxury Houses For Some, Evictions For Others
When the temperature dipped near freezing in Columbus, Ohio in mid-October, the children had no heat. The gas had been…
Netherlands Puts KLM Bailout On Hold After Pilots Reject Wage freeze
The Dutch government on Saturday put on hold its plan to bail out KLM, the Dutch arm of Air FranceAIRF.PA-KLM,…
Exclusive: Amazon Tells India Regulator Its Partner Future Retail Is Misleading Public
Amazon.com Inc AMZN.O has complained to India’s market regulator that its local partner Future Retail Ltd FRTL.NS misled shareholders by…
Ford Sells Struggling Brazil Factory
U.S. automaker Ford Motor Co F.N said on Saturday it had closed the sale of one of its factories in…
U.S. Special Forces Rescue American Kidnapped In Niger Republic
U.S. special forces rescued an American citizen who had been kidnapped by armed men in Niger. Forces including Navy SEALs…
Orthodox Priest Shot And Wounded At Church In France
A Greek Orthodox priest was shot and badly wounded on Saturday at a church in the French city of Lyon…
Amazon Drops French Black Friday Ad Campaign As Lockdown Starts
Amazon is withdrawing advertising for pre-Black Friday discounts in France, after the government said the campaign was unfair to small…
Prime Minister Boris Johnson Imposes Stay-At-Home Order In England As Coronavirus Cases Surge
England will adopt a second national lockdown as coronavirus cases run rampant in the United Kingdom, closing all nonessential businesses…
Leaving New York: High Earners In Finance And Tech Explain Why They Left The ‘World’s Greatest City’
Like many before him, Brenan Hefner arrived in New York 20 years ago in search of a career on Wall…
New York Gov. Cuomo Ends Coronavirus Quarantine List, Requires Travelers To Get Tested Instead
New York Gov. Andrew Cuomo is ending a requirement for travelers from places with a high amount of coronavirus cases…
U.S. Reports Record 99,321 New Coronavirus Cases As Scientists Warn Latest Surge Just Beginning
The U.S. reported 99,321 new Covid-19 cases on Friday, beating its previous record set only a day prior as the…
Trump Is Set To Cash In As His Washington, D.C., Hotel Is Sold Out For Election Night
President Donald Trump’s hotel in Washington, D.C., is set to rake in big bucks on Election Day. Trump’s campaign is…
Donald Trump Jr. Dismisses Covid Deaths As ‘Almost Nothing’ Even As U.S. Averages 800 Deaths Per Day
Donald Trump Jr. played down the coronavirus outbreak, saying that the number of new Covid deaths in the U.S. is…
Review: The 2020 Lamborghini EVO RWD Is The Most Fun For The Least Amount Of Money At A Starting Price Of $208,000
In the age of Zoom meetings, Grub Hub orders, Netflix movies and Amazon shopping, we’re all craving a little less…
#EndSARS: NGO Wants Lagos Panel To Summon Promoters Of Fake News
Vendor Positive Change Initiative, an NGO, has urged the Lagos State judicial panel on #EndSARS protest to summon all those…
MTN Group Makes Final Exit From Jumia, Rakes In $138m
MTN Group has completed its exit from Jumia, a leading e-commerce platform in Africa, selling its 18.9 percent stake and…
#ENDSARS: Lawyer Sues President Buhari, Sanwo-Olu, Others Over Shooting Of Protesters At Lekki Toll Gate
A legal practitioner, Yusuf Temilola Nurudeen, has dragged President Muhammadu Buhari and Lagos State governor, Babajide Sanwo-Olu, to court over…