Real Time Financial News Website
CLEAR, the company best known for helping travelers zip through airport security lines, filed its IPO prospectus on Monday, and indicated that business is picking up as vaccinations increase. Revenue…
Salesforce CEO Marc Benioff said Monday that he’s bullish on space, noting that he’s an investor in Elon Musk’s SpaceX along with start-ups Astra, Swarm Technologies and Planet Labs. But…
Asian hedge funds may not be as bullish on bitcoin compared to their peers in the U.S., according to a Goldman Sachs report issued over the weekend. Less than a…
The so-called clean-tech universe is attracting more dollars as investors bet on the energy transition, and Cowen put together a list of top picks to play the theme. The firm…
Interactive Brokers founder and Chairman Thomas Peterffy on Monday issued a warning to investors betting against so-called meme stocks like AMC Entertainment. “It is extremely tempting to short these stocks,…
Investors are preparing for what could be another roller coaster in Stitch Fix shares when the online styling service reports fiscal third-quarter results after the bell on Monday. The company’s…
Kroger announced Monday that it will hold a hiring event on Thursday to fill 10,000 jobs across its businesses. The event will offer virtual and in-store interviews for prospective staff…
WASHINGTON – U.S. law enforcement officials said Monday they were able to recover $2.3 million in bitcoin paid to a criminal cybergroup involved in the crippling ransomware attack on Colonial…
Stitch Fix shares soared Monday after the online shopping and styling service reported a narrower-than-expected loss in its fiscal third quarter. Sales topped analysts’ estimates, driven by consumers refreshing their…
Federal refunds are on the way to more than 2.8 million people who paid taxes on unemployment benefits that no longer apply due to changes made by the American Rescue…
Inflation may look like a problem that will go away, but is more likely to persist and lead to a crisis in the years ahead, according to a warning from…
Some banks have notified their customers that they will start charging them N6.98 for every USSD transactions. However, experts have said that excessive charges by banks could pose a threat…
Analysts at FBNQuest Research have said that they are not “convinced” by the Central Bank of Nigeria (CBN)’s pledge to adopt market-determined foreign exchange rates. Commenting on recent developments in…
The dollar began the week on the defensive after being dented by a second batch of disappointing jobs figures, as traders turned to whether upcoming inflation data could add pressure…
LAGOS, Nigeria (AP) — Millions of Nigerians were unable to access Twitter Saturday after the government enforced an indefinite suspension of the microblogging platform’s operations in Nigeria. The Association of…
Friday Olokor, Leke Baiyewu, Okechukwu Nnodim, Temitayo Jaiyeola, Amarachi Orjiude, Lesi Nwisagbo, Kariola Mustapha, Amarachi Orjiude, Dayo Adenubi, Samuel Olatunji, Juliana Ajayi and John Charles With present economic woes, we…
The Association of Bureau De Change Operators has approved ‘Operation No Street Trading’ to stop the hawking dollars by Bureaux De Change (BDC) operators. ABCON President, Alhaji Aminu Gwadabe, said…
Atlanta (CNN Business)El Salvador could become the first county to adopt bitcoin as a legal tender, Salvadorian President Nayib Bukele announced in a video recording shown during the Bitcoin 2021…
The Central Bank of Nigeria said it has concluded plans to increase the amount of foreign exchange allocated to banks to meet the requests of customers seeking forex for travel…
Amidst the counter accusations of money printing by the two Godwins, denial by the National Economic Council, and statement by the Nigerian National Petroleum Corporation (“NNPC”) that it will be…
The Nigerian economy may have declined by over 2billion Naira in just one day of Twitter ban. This is if the statistics of Netblocks.org, a mapping internet freedom platform is…
At a time when high-yield investment assets are scarce, the non-conventional property sector is taking centre stage in the market, offering uncommon opportunities, while investors look for returns in more…
The Federal Inland Revenue Service (FIRS) has introduced a new Tax Administration Solution (TaxPro-Max) to ease tax compliance and modernise tax administration in the country. Dr Abdullahi Ahmad, Director, Communications…
Money market funds and equities saw almost similar inflows, BofA’s latest fund flow statistics showed on Friday, in a puzzling investment trend amid rising concerns over a dialling back of…
The Central Bank Governor, Godwin Emefiele, has said that the country will save about $3bn from petroleum products imports annually when Dangote Refinery is fully operational. He said that latest…
The yuan has had a fine run but the tide may be turning, even if the People’s Bank of China refrains from taking further steps to cool its rally. The…
Nigerian banks and their foreign counterparts invested between $9 billion and $10 billion in the Dangote Refinery, Fertilizer Plant and Petrochemical Company projects worth $17 billion, the Central Bank of…
Twitter has expressed “deep concern” over the federal government’s decision to suspend its operations in Nigeria. Sarah Hart, Twitter’s senior policy communications manager for Europe, Middle East and Africa, told…
Telecommunications operators have blocked access to the social media platform, Twitter in Nigeria. The telcos, under the aegis of the Association of Licensed Telecoms Operators of Nigeria (ALTON) said there…
The Nigerian Government has suspended Twitter Operations in Nigeria. This was announced on Friday by the Minister of Information and Culture, Lai Mohammed in a statement sent to POLITICS NIGERIA.…