Britain’s Burberry To Beat Forecasts After Sales Rebound
British luxury group Burberry said on Friday it would beat market forecasts for profits and revenues in its final quarter…
Month: March 2021
Power To The Beeple: Digital Art Fetches $69.3M At Auction
American artist Beeple became the first to sell a purely digital piece of artwork at auction, fetching more than $69.3m…
Syria: Oil Refinery Attacks Raise Fears Of ‘Grave Escalation’
Attacks on rural Aleppo that caused severe damage to oil facilities have been described as “state terrorism” by the Syrian…
Between UK’s Diplomats And Nigeria’s New Ambassadors
he United Kingdom’s current High Commissioner to Nigeria, Catriona Laing, trended lately. The occasion was when she rejoiced with a…
Danjuma-Led COVID-19 Task Force Spends N3.3bn
The General TY Danjuma-led Victim Support Funds Task Force on COVID-19 on Thursday said it had so far spent N3.3bn…
AstraZeneca Vaccine Has No Side Effect –NAFDAC DG
Prof. Mojisola Adeyeye, the Director-General of the National Agency for Food and Drug Administration and Control, says the Astrazeneca vaccine…
#FuelPriceHike: No Increase In Petrol Depot Price This Month, NNPC Insists
he Nigerian National Petroleum Corporation has insisted that there is no increment in the ex-depot price of Premium Motor Spirit…
Manufacturers Unable To Access Central Bank Of Nigeria’s N1tn Stimulus Facility—MAN
The Manufacturers Association of Nigeria has lamented the difficulty in accessing the Central Bank’s N1tn COVID-19 Stimulus for Manufacturing and…
EFCC Arraigns Three FIRS Directors, Six Other Officers For N4.5 Billion Fraud
The Economic and Financial Crimes Commission, EFCC on Thursday, arraigned Peter Hena, former Coordinating Director of Federal Inland Revenue Service,…
UK Exports To EU Slump In First Month Of New Brexit Trade Ties
Exports and imports from Britain to the European Union plunged during the first month of the country’s new trade relationship…
ECB’s Villeroy Flags Flexibility On Bond Purchases
The European Central Bank will be flexible at all levels in its bond purchases, ECB policymaker Francois Villeroy de Galhau…
Southeast Asia’s Grab In Talks For U.S. Listing Via $40 Billion SPAC Deal: Sources
Southeast Asia’s biggest ride-hailing and food delivery firm Grab Holdings is in talks to go public through a merger with…
As vaccine Nationalism Deepens, Governments Pay To Bring Production Home
In the German town of Dessau, one of the sites of the Bauhaus art school, an institute was set up…
Swiss Bank Rahn+Bodmer In U.S. Settlement Over Clients Defrauding IRS
Zurich private bank Rahn+Bodmer will pay $22 million to settle U.S. criminal charges it helped American taxpayers who were exiting…
Rakuten To Sell 8% Stake To Japan Post In Amazon Battle
Japanese e-commerce firm Rakuten Inc said on Friday it would sell an 8.32% stake to postal and banking giant Japan…
Deutsche Bank 2020 Bonuses Jump 29% As Bank Turns Profit
Deutsche Bank paid 29% more in bonuses for the past year, the lender said on Friday, rewarding staff for a…
UK Economy Shrinks By Monthly 2.9% In January
Britain’s economy shrank by 2.9% in January from December as the country went back into a coronavirus lockdown, official data…
Hempburger To Go? Thai Consumer Goods Firms Pile Into Legal Cannabis Trade
If the bets of Thailand’s farmed cannabis promoters pay off, Thais could soon be chowing down on hempburgers, washed down…
From $318K To $0: Bitcoin Price Predictions For 2021
What will be the price of Bitcoin in one year? Ten years? Twenty years? Watch our latest video for our…
Asian Stocks Up On Dovish ECB As Biden Signs Stimulus
Asian shares rose on Friday after U.S. President Joe Biden signed a $1.9 trillion stimulus bill into law, and after…
National Assembly Is Broke, Needs Bigger Budget To Be Efficient –Reps
The House of Representatives has said the National Assembly is underfunded to function efficiently and effectively as a national parliament.…
Biden: All U.S. Adults To Be Eligible For Vaccines By May, Some Normalcy Coming By Summer
President Joe Biden told U.S. states on Thursday to make all adults eligible for a coronavirus vaccine by May 1…
NANS Commends CBN Cash For Dollar Policy
The National Association of Nigerian Students (NANS) has commended the Central Bank Nigeria (CBN) Governor, Mr Godwin Emefiele for the…
China’s JD.com In Talks To Purchase Stake In Brokerage Worth $1.5 Billion – Sources
JD.com Inc is in talks to buy part or all of a stake in brokerage Sinolink Securities worth at least…
European Central Bank To Step Up Pace Of Stimulus Program
The European Central Bank said Thursday it will step up its bond-buying stimulus in the coming months, a step aimed…
Federal Government Replaces FIRS With NIPOST As Stamp Duty Collector
The Nigerian government on Thursday said it has replaced the Federal Inland Revenue Service (FIRS) with the Nigeria Postal Service…
‘Nigeria Loses $235b To Non-Passage Of PIB’
Deputy Senate President, Senator Ovie Omo-Agege said yesterday that Nigeria had lost about $235 billion to the non-passage of the…
Nigerian Banks To Stop “Instant Completion” For Forex Transfers Online
Commercial Banks in Nigeria are informing customers that they can no longer make instant online transfers out of their domiciliary…
Commodities Trader Buys $36 Million Of Copper And Gets Painted Rocks Instead
Commodities trader Mercuria Energy Group Ltd. struck a deal last summer to buy $36 million of copper from a Turkish…
What Happens When Robinhood Traders Walk Out Of The Stock Market?
The findings support the view that the popularity of zero-commission brokers has attracted a new type of uninformed equity-market participant