Real Time Financial News Website
The Federal Inland Revenue Service (FIRS) has set a revenue target of N10.1 trillion for 2022. Mohammed Nami, executive chairman of FIRS, disclosed this on Wednesday when he appeared before…
Stock futures were sharply lower on Thursday as concern grew that the Federal Reserve’s move to remove stimulus this year would slow an economy already taking hits from the lingering…
The Chinese firm behind the purchase of Britain’s largest chip manufacturing facility earlier this summer has admitted that the acquisition could be unwound as the U.K. government reviews the takeover.…
U.S. Treasury yields fell on Thursday morning, despite the Federal Reserve’s latest policy meeting minutes showing that the central bank was preparing to taper bond purchases this year. The yield…
Solar could supply more than 40% of the nation’s electricity by 2035 – up from 3% today – if Congress adopts policies like tax credits for renewable energy projects and…
If you want to invest in a fund branded as sustainable under new European Union rules, you’re spoilt for choice. But you may end up owning shares in oil companies,…
Apple Inc (AAPL.O) on Tuesday appealed a copyright case it lost against security startup Corellium, which helps researchers examine programs like Apple’s planned new method for detecting child sex abuse…
China’s Tencent Holdings (0700.HK) said on Wednesday that the internet industry should brace for more regulations and uncertainty, but it believed Beijing ultimately wanted to forge a long-term sustainable path…
Nvidia Corp (NVDA.O) on Wednesday said talks with regulators to clear its $40 billion proposed acquisition of British semiconductor technology firm Arm Ltd are taking longer than expected. The disclosure…
Having hunkered down at home and clung on to his job through the 2020 lockdowns, Dutch IT worker Benito Castillion is now on the hunt for a career-enhancing move –…
Soaring electricity demand, infrastructure woes and a surge in global gas prices have triggered an extraordinary rally for the world’s least liked commodity. Australian thermal coal at Newcastle Port, the…
Asian stocks fell to the lowest this year, crude oil sank and the dollar rallied on a weakening global growth outlook and the prospect of reduced Federal Reserve stimulus. MSCI…
The Lagos state government in Nigeria has banned street begging and has formed a special team to stop the “menace”, local media report. The team is expected to begin operations…
Facebook is prepared to launch the Novi digital wallet tied to Diem blockchain-based payment system, said the head of the social media giant’s payments project that’s seeking necessary regulatory clearances.…
John Stoltzfus encouraged investors to remain optimistic despite this week’s wild market swings. The Wall Street bull, who serves as Oppenheimer Asset Management’s chief investment strategist, said he doubts that…
U.S. Surgeon General Dr. Vivek Murthy told CNBC that the Biden administration is recommending Covid booster shots for most vaccinated Americans beginning on Sept. 20 in order to stay ahead…
American investors’ shock at an ongoing regulatory crackdown in China points to a fundamental difference between the two countries that many didn’t seem to grasp: When it comes to making…
Crude in New York dropped to the lowest since May after a surprise increase in U.S. gasoline inventories signaled fuel demand is under threat with the delta variant menacing the…
The exchange rate for converting naira to dollar using FinTech apps nosedived to N522/$1 according to data collated from the apps. A quick Nairametrics check on Trove reveals they are…
Nigeria’s state governors sued the federal government for allegedly failing to share billions of dollars in confiscated funds with their administrations. The heads of the West African nation’s 36 states…
Canadian inflation accelerated to match its highest reading in almost two decades, threatening to become a political headache for Prime Minister Justin Trudeau during an election campaign. The consumer price…
The Federal Government will today auction medium-to long-term bonds valued at N150 billion as part of government’s efforts to access debt capital from the domestic capital market to bridge declining…
British inflation fell to the Bank of England’s 2% target last monthin an unexpectedly sharp slowdown that economists said was most likely a blip as the reopening of the economy…
Sterling hovered near a 3-1/2-week low on Wednesday after UK inflation data showed a sharper slowdown than expected. The pound was little moved by the numbers, however. Investors believe it…
The International Monetary Fund (IMF) has maintained an unchanged economic growth rate of 2.5 per cent for 2021 and 2.6 per cent for 2022 in Nigeria. According to a document,…
The leadership of Association of Senior Civil Servants of Nigeria (ASCSN) has called on federal government to take necessary measures to improve its monetary and fiscal policies in a bid…
Against the backdrop of a $3.35 billion direct allocations approved by the International Monetary Fund (IMF), financial experts have observed that Nigeria’s foreign reserves have been projected to surpass the…
The U.S. Securities and Exchange Commission (SEC) on Wednesday said it has charged three former engineers at Netflix (NFLX.O) for trading on non-public information around the company’s subscriber growth that…
Aurora, the Silicon Valley self-driving startup founded by former Tesla, Uber and Google executives, has released what it says is the industry’s first tool for evaluating whether and when autonomous…
The S&P 500 and the Dow inched lower in choppy trading on Wednesday as investors refrained from making big bets ahead of minutes from the Federal Reserve’s last meeting and…