FCMB Announces Appointment Of Mrs Yemisi Edun As The New Managing Director And Successor To Mr Adam Nuru
The Board of Directors of FCMB Group Plc have announced the appointment of Yemisi Edun as the Managing Director of…
Day: July 13, 2021
Africa’s Single Currency Realisable, Says AfCFTA Scribe
The Secretary General of the African Continental Free Trade Area (AfCFTA) Secretariat, Mr. Wamkele Mene, has predicted that Africa would…
Oil Not Going Away Soon – Nigerian Government
Minister of State Petroleum Resources Mr Timipre Sylva, on Monday, reiterated that crude oil was not going away soon as…
African Currencies Week Ahead: Kenyan, Tanzania Units To Remain Steady, Uganda’s Shilling Up
KENYA – The Kenyan shilling is expected to remain steady due to subdued demand for dollars amid a slow market,…
Bitcoin ‘Crash’ Risks Taking Its Price Down To $10,000, Minerd Says
There’s no reason for investors to buy Bitcoin at the moment, according to Guggenheim Investments Chairman Scott Minerd. The world’s biggest cryptocurrency is…
Russian Central Bank Says Inflationary Pressure Remains High, But Is Easing
EMBARGO 1730 GMTInflationary pressure remains high in Russia, the central bank said in a report on Monday, but there are…
One Of The Priciest Rough Diamonds Ever Fetches $40 Million
Petra Diamonds Ltd. sold a 39.3-carat blue gem for more than $40 million, making it one of the most expensive…
EFCC Arraigns Four For N900 Million POS Fraud
The anti-graft agency says the prime suspect connived with some staff members of First Bank to defraud customers using a…
Dollar Edges Higher Amid Pandemic Concerns, U.S. Inflation In Focus
The dollar edged higher across the board on Monday as concerns about the pandemic encouraged investors to seek a safe…
Nigeria’s Lagos State Faces “Potential Third Wave” Of COVID-19
He warned of fines or even imprisonment for those who break rules to contain the virus and said Lagos state…
Nigeria To Become Oil Bunkering Hub In Africa – DPR
The Department of Petroleum Resources (DPR) has said that Nigeria has moved to become the Marine Petroleum Products Retail Operations…
Nigerian Govt Says No Plan To Privatise Electricity Transmission Company
The Nigerian government does not plan to privatise the Transmission Company of Nigeria (TCN), the Bureau of Public Enterprises (BPE), has…
CBN Advocates Private Sector Funding To Tackle 22m Housing Deficit
The Central Bank of Nigeria (CBN) has stressed the need for the mobilisation of private sector funding to redress the…
As Crackdown Looms, South Korea’s Defiant Crypto Fans Dig In Joori Roh
Yun Hae-ri, a 26-year-old South Korean cryptocurrency investor, has seen the value of a coin named Metadium nearly wiped out…
U.S. Consumer Watchdog Orders GreenSky To Pay Fine For Lending Abuses
The U.S. Consumer Financial Protection Bureau (CFPB) on Monday said it has fined an Atlanta-based financial technology firm $2.5 million…
Some Twitter Staff Return To Offices In New York, San Francisco
After more than 16 months of working from home, some Twitter Inc (TWTR.N) employees in San Francisco and New York returned to…