Real Time Financial News Website
The Attorneys-General of the 36 states of the federation have dragged the Attorney-General of the Federation, Abubakar Malami, before the Supreme Court over the failure of the Federal Government to…
Stakeholders have highlighted the underlying issues hampering the growth of intra-African trade despite the ratification of the African Continental Free Trade Agreement by 39 out of 54 countries on the…
United State stock index futures pointed to a market rebound on Friday, after the S&P 500 and Dow Jones Industrial average registered a fourth-straight day of losses on Thursday. Futures…
U.S. supermarket chain Kroger Co reported a slide in a main measure of profitability on Friday, blaming discounts, wastage and this year’s squeeze on global supply chains for a dip…
The appointment comes just days after Apollo Global Management In closed its $5 billion acquisition of Verizon Media, which owns Yahoo
Africa’s leading financial institution, United Bank for Africa (UBA) Plc, has announced its audited half year financial results for the half year ended June 30, 2021, showing impressive growth across…
MTN has announced a mobile money partnership with Africa’s leading payments technology company, Flutterwave. The partnership will allow businesses integrating Flutterwave in Cameroon, Côte d’Ivoire, Rwanda, Uganda and Zambia to…
Affirm Holdings (AFRM) – Affirm soared 22.4% in the premarket as the “buy now, pay later” company’s revenue easily topped estimates. Active merchant numbers more than quintupled and Affirm issued…
Apapa Comptroller, Malanta Yusuf, disclosed at a media briefing in Lagos, noted that the remarkable feat was the first in the history of the command, he added that the command’s…
Trading houses are rushing to supply Russian Urals crude to the United States where oil production was hammered by Hurricane Ida in August, three trading sources said on Friday. Ida,…
Shell Midstream Partners LP said on Friday its Amberjack pipeline system was back online after it was shut due to Hurricane Ida. “The Amberjack line is back in service with…
The Central Bank of Nigeria has said e-Naira will strengthen the banking system and make it easier to comply with existing laws such as anti-money laundering, customer protection against fraud…
Oil rose to around $73 a barrel on Friday, supported by growing signs of supply tightness in the United States as a result of Hurricane Ida and as U.S.-China trade…
U.S. stock index futures rose on Friday, as signs of an easing in tensions between the United States and China added to recent data that soothed fears of a slowdown…
The Nigerian Communications Commission has renewed the Unified Access Service licence and spectrum licence for wireless local loop in the 900MHz and 1800MHz band of MTN Nigeria. MTN made this…
General Motors’ vehicle sales and production will be hit harder by the global chip shortage during the second half of the year than previously expected, this shortage will cut it’s…
The e-commerce giant is following the lead of other large United state companies who are dangling perks like education benefits or more pay to woo workers in a tight job…
For the foreseeable future, Chinese electric car start-up XPeng is trying to boost its sales in the world’s largest auto market, It is also exploring areas including robotics and flying…
Apple Inc plans to spend more than $500 million on marketing its streaming service, Apple TV+, this year, The Information reported on Friday, citing a person familiar with the matter.…
Investors rushed to scoop up emerging market debt and technology shares in the week to Wednesday, BofA Securities said in a weekly note, with the U.S. investment bank’s own private…
Climate-related weather events are costing American households, businesses and insurers billions of dollars in losses, and there is no sign that they will ease up, the U.S. Treasury’s top climate…
Turkey’s lira fell further on Thursday after logging its worst session in four months in the wake of dovish comments by the central bank, while Hong Kong stocks tumbled 2.2%…
The civil trial of three former Wells Fargo & Co employees over their alleged roles in a scandal involving phony accounts kicked off on Monday, a rare public confrontation between…
The 36 states in Nigeria earned N5.30tn as internally generated revenue from 2016 to 2020. The states got N10.19tn from the Federation Accounts Allocation Committee within the time under review…
President Muhammadu Buhari has placed the controversial payment of $418 million to consultants over the Paris Club refund on hold. He has instructed the Ministry of Finance on Thursday to…
Data from the Labor Department on Thursday showed the number of jobless claims filed the week ended Sept. 4 fell to 310,000, the lowest since the coronavirus pandemic took hold.…
Following sustained sell-off in the shares of most highly capitalised stocks, the Nigeria Exchange Limited (NGX), extended losses to three consecutive trading sessions yesterday, as investors’ wealth depreciated further by…
The strategic partnership between Chinese autonomous driving start-up WeRide, automaker Jiangling Motors (JMC) a top carmaker and delivery firm ZTO Express, launch a self-driving cargo van which is aim to…
Spainish soccer league, La Liga on Thursday stated that it will offer NFTs to all its players, marking the latest move into cryptocurrencies by a major sports organization.
For U.S. President Joe Biden to be true to his agenda he should not renominate Jerome Powell as Federal Reserve chair, Nobel prize-winning economist and longtime Democratic adviser Joseph Stiglitz…