Real Time Financial News Website
Investors are watching next week’s earnings reports from hotels, cruise lines and other businesses that have been hard hit by COVID-19 for indications of which companies could be the first…
A record $58.1 billion poured into global equity funds over the past week as investors pulled money out of cash funds and had a lighter exposure to bonds, BofA’s weekly…
The United States will see its second-largest budget deficit since World War II this year, while the federal debt will continue to climb beyond GDP, according to a Congressional Budget…
Bitcoin and other cryptocurrencies took another leap towards the financial mainstream Thursday when Wall Street player BNY Mellon announced plans to accept digital currencies. BNY Mellon, which is known as…
Packing up and moving to an exotic island has been a long-held dream for many globetrotters, but it seems the prospect is becoming even more attractive due to the global…
Jaiz Bank PLC is seeking to boost access to financing for Micro, Small and Medium Enterprises (MSMEs), through the newly-introduced Hajj Savings Scheme it is running in collaboration with the…
Mac users tend to pride themselves based on their chosen platform. While there is a lot to be said about the different versions of macOS, it’s still susceptible to disk…
The federal government has expressed optimism that the implementation of the Finance Act, 2020 and Strategic Revenue Growth Initiative (SRGI) will stimulate the economic recovery process through initiatives capable of…
The Organisation of Petroleum Exporting Countries (OPEC), projected yesterday that world oil demand in 2021 will rebound more slowly than previously thought but added that it will pick up in…
Florida property insurers are jacking up rates by double-digit percentages, blaming the hikes on lingering damage from past hurricanes, a wave of litigation, and a law that encourages lawyers to…
The Management of Air Peace on Thursday announced that the UAE Government had stopped the airlifting of passengers from Nigeria to Dubai as part of its COVID-19 measures. Air Peace…
President Muhammadu Buhari has approved the establishment of a Public Private Partnership styled Infrastructure company named Infra-Co with an initial seed capital of N1 Trillion. It is envisaged that, over…
As the sustainability leader in Africa, Access Bank PLC was invited to participate in the Sustainability Certification under the Sustainability Standards and Certification Initiative (SSCI). The certification audit process saw…
Russia’s main Kremlin critic Alexei Navalny was back in court Friday for allegedly defaming a World War II veteran, after being ordered to prison in another case that sparked global…
Most manufacturers have said the commercial banks’ lending rates are discouraging productivity in the nation’s manufacturing sector, the Manufacturers Association of Nigeria has said. MAN revealed in a report that…
Stanbic IBTC Holdings PLC said it had made major executive appointments across its units in an attempt to bolster its status as a market leader in the Nigerian financial services…
The federal executive council (FEC) has approved a new medium-term debt management strategy (MTDS), that will guide the government in its borrowing activities for the period 2020-2023. The new MTDS…
A new entrant into Nigeria’s scheduled domestic air operations, United Nigeria Airline, will conduct its inaugural flight on Friday, Feb. 12. The Head of Corporate Communications of United Nigeria Airline,…
Global oil and fuel prices are picking up as demand returns to pre-pandemic levels amid easing coronavirus lockdowns in key countries like China and India and signs of increasing road…
The Federal Government has been urged to finance its N5.2 trillion budget deficit through privatisation of moribund assets and securitisation through conversion to marketable instruments. At the Chartered Institute of…
In January 5, as results came in from the Senate runoff election in Georgia, the texts between President-elect Joe Biden’s senior staff went late into the night and into the…
Millions of struggling renters caught a much-needed break when the federal moratorium on evictions was extended through the end of March. But for many landlords across the US, the news…
The nation’s stock market halted its eight-day losing streak on Thursday on the back of the price appreciation recorded by Dangote Cement Plc and six other stocks. The market, which…
11 Plc, formerly Mobil Oil Nigeria Plc, has disclosed plans to delist its shares from the Nigerian Stock Exchange (NSE) by the end of the first quarter (Q1) 2021. Shareholders…
Over the course of his career Tim Sweeney has been unafraid to take on tech industry giants. The CEO and founder of Epic Games has had a knack for picking…
Nigeria is targeting to increase revenue as a percentage of GDP to 15 percent by 2023 from the current levels of 6 percent, in a new growth plan, according to…
The Securities and Exchange Commission has said it decided to provide regulatory certainty within the digital asset space last year due to the growing volume of reported flows. SEC, the…
From a burned-out bank boss to call centre workers isolated at home, the financial sector is suffering a surge in mental health issues exacerbated by the COVID-19 pandemic. Despite the…
The Russian rouble weakened on Friday, pressured by lingering geopolitical concerns about Moscow’s relations with the West, as the market awaited a central bank board meeting where it is expected…
The Norwegian mainland economy contracted by 2.5% last year in what was probably the weakest development since 1945, Statistics Norway (SSB) said on Friday, although the decline was far less…