Real Time Financial News Website
Shareholders of Chemical and Allied Products (CAP) Plc and Portland Paints and Products Nigeria (PPPN) Plc have approved the merger of the two paints company, a development that will significantly…
ack Ma’s Ant Group quickly became one of China’s most powerful companies, and its plans for bridging the worlds of tech and finance were growing ever more ambitious by the…
As more and more Americans receive the Covid-19 vaccine, CNN’s Anderson Cooper asks Bill Gates if, one year from now, he would be willing to sit inside at a restaurant…
The United States will within hours record its unfathomable 500,000th death from Covid-19 paradoxically at a moment of rare hope in the pandemic. Yet the tragic landmark will occur with…
Tiger Woods says he still hopes to compete at this year’s Masters after undergoing the fifth back operation of his career. The 15-time major champion is resting following a successful…
Kieran Cain was playing basketball with his kids Saturday afternoon at an elementary school in greater Denver when he heard what sounded like a sonic boom and looked up. “We…
British Airways-owner IAG said on Monday it had raised total liquidity by 2.45 billion pounds ($3.4 billion) by deferring pension contributions and finalising a loan, which will help it survive…
State-owned Saudi Arabian Military Industries (SAMI) aims to generate annual revenue of $5 billion by 2030, its chief executive said on Monday, part of a drive to build more defence…
Texas utility regulators will temporarily ban power companies from billing customers or disconnecting them for non-payment, after the deadly winter storm that caused widespread blackouts, Governor Greg Abbott said on…
World shares sank on Monday as expectations for faster economic growth and inflation battered bonds and boosted commodities, while rising real yields made equity valuations look more stretched in comparison.…
India is set to clear 45 investment proposals from China, which are likely to include those from Great Wall Motor and SAIC Motor Corp, government and industry sources told Reuters,…
Asian shares turned mixed on Monday as expectations for faster economic growth and inflation globally battered bonds and boosted commodities, while rising real yields made equity valuations look more stretched…
The market capitalisation of equities listed on the nation’s stock market declined by N130bn last week as negative sentiments persisted amid profit-taking. The Nigerian Stock Exchange All-Share Index closed at…
The Philippines has approved Sinovac Biotech’s COVID-19 vaccine for emergency use, but will not give it to healthcare workers at risk of exposure due to its varying levels of efficacy,…
T he Nigerian Stock Exchange (NSE) has upgraded Africa Prudential (APR) Plc from low-priced stock to medium-priced stock following recent appreciation in the share price of the share registration and…
Europe will decide whether to extend the suspension of its rules limiting budget deficits and debt, known as the Stability and Growth Pact (SGP), in coming weeks, the Commissioner for…
India’s Supreme Court barred on Monday a final ruling by a tribunal reviewing Future Group’s $3.4 billion sale of retail assets until the top court hears objections from aggrieved partner…
Three Rio Tinto executives forced to leave the company after the destruction of sacred rock shelters at Juukan Gorge in Western Australia all closed off the year with substantial payouts,…
Korean Air Lines Co Ltd said it will follow the relevant authorities’ directives on any measures for its Boeing 777 jets, a Korean Air spokeswoman said on Monday. This was…
OPEC and U.S. oil companies see a limited rebound in shale oil supply this year as top U.S. producers freeze output despite rising prices, a decision that would help OPEC…
Tesla has made roughly $1 billion in paper profits from its investment into bitcoin, according to Daniel Ives, analyst at Wedbush Securities. The company is “on a trajectory to make…
Oil prices rose on Monday as the slow return of U.S. crude output that was cut by frigid conditions raised concerns about supply just as demand is coming back from…
Nigeria has more than $5.83bn foreign loans that have been approved but not yet disbursed, the Debt Management Office has said. The DMO on its portal on Sunday listed a…
As COVID-19 triggered exponential increase in electronic-payment adoption, five Nigerian banks have incurred N80.75 billion expenses in fees and commission just as the value of digital transactions rose to N111.29trillion…
Many Nigerians underestimated the resilience of the economy until last Friday when National Bureau of Statistics (NBS) rolled out its data for the fourth quarter of last year. The most…
In London — the world’s center of foreign exchange — there’s more yuan changing hands than ever before. Options on the Chinese currency exceed those referencing the Japanese yen, and…
Bitcoin’s (BTC) price has been consistently rallying in the past few weeks, reaching its latest new high of around $57,500 on Feb. 20. The week has seen more bullish news…
The rate of COVID-19 infections dropped 95.8% among people who received both shots of Pfizer’s vaccine, Israel’s Health Ministry said on Saturday. The vaccine was also 98% effective in preventing…
Bitcoin hit a fresh high on Saturday, extending a two-month rally that took its market capitalization above $1 trillion on Friday. The world’s most popular cryptocurrency rose to a record…
Scientists and health officials told Congress Friday the federal government needs to ramp up its supply of Covid-19 vaccine doses as they work to streamline the process for getting the…