Biden Says Action On COVID-19 Stimulus Needed ‘Now’
U.S. President Joe Biden said on Friday that Congress needs to take immediate action on his $1.9 trillion COVID-19 relief…
Year: 2021
UAE Adopts Amendments To Grant Citizenship To Investors And Other Professionals
The United Arab Emirates has adopted amendments that would allow the Gulf state to grant citizenship to investors and other…
Robinhood Raises $1 Billion Of Fresh Funding From Existing Investors
Online broker Robinhood has raised more than $1 billion of fresh capital from existing investors, having been strained by high…
Nigeria: FG Donates Relief Materials To Over 2,000 IDPs In Zamfara — Commission
The National Commission for Refugees, Migrants, and Internally Displaced Persons, on Friday, launched the distribution of relief materials to over…
Five Million Users To Benefit From Firm’s E-commerce App
An online e-commerce platform, Offerservice, has been unveiled in Lagos, to provide opportunities for corporations, businessmen, artisans and professionals to…
Exclusive: China Gene Firm Providing Worldwide COVID Tests Worked With Chinese Military
BGI Group, the world’s largest genomics company, has worked with China’s military on research that ranges from mass testing for…
Musk’s SpaceX Violated Its Launch License In Explosive Starship Test: The Verge
SpaceX’s first high-altitude test flight of its Starship rocket, which exploded last month while attempting to land after an otherwise…
Nigeria, Middle East Trade Volume Hits $19.3Bn
The bilateral trade volume between Nigeria and the Middle East reached $19.3 billion in 2019 while Nigeria’s export to China…
U.S. Consumer Spending Decreases Further; Inflation Creeping Up
U.S. consumer spending fell for a second straight month in December amid renewed business restrictions to slow the spread of…
FG Commits $670M On $3.5Bn Brass Methanol Plant Construction
The Federal Government has committed an equity investment of $670m for the construction of 10,000 tonnes per day methanol production…
Silver Lake Cashes Out On AMC For $713 Million After Reddit-Fueled Rally
Buyout firm Silver Lake disclosed on Friday that it sold its stake in AMC Entertainment Holdings for $713 million this…
Goldman Sachs Loses Legal Fight Against EU Cartel Fine
U.S. investment bank Goldman Sachs on Wednesday lost its fight against an EU cartel fine handed down to its former…
US Stock Market Weird Week Explained
Here’s how ordinary investors, spurred on by a Reddit message board, took on the big Wall Street funds and sent…
Tobacco Control: CAPPA Launches TakeApart Nigeria Report
Corporate Accountability and Public Participation Africa, CAPPA, on Friday, launched the TakeApart Nigeria report entitled “The Big Tobacco Allies— How…
COVID-19: Nigeria Records 27 Deaths In One Day
The Nigeria Centre for Disease Control (NCDC) on Friday reported 27 coronavirus -related deaths, bringing the total number of those…
Bitcoin To Online Petwear: ‘Papa Musk’ Lures Investors
A “#bitcoin” tag on Elon Musk’s Twitter profile page led to a 14% jump in the cryptocurrency on Friday, the…
Losses On Short Positions In U.S. Firms Top $70 Billion – Ortex Data
Short-sellers are sitting on estimated losses of $70.87 billion from their short positions in U.S. companies so far this year,…
GE Gets Dismissal Of Most Of Shareholder Lawsuit Over Accounting, Disclosures
A U.S. judge in Manhattan has dismissed most but not all of a shareholder lawsuit accusing General Electric Co of…
Flour Mills floats Bond On FMDQ
FMDQ Securities Exchange Limited has approved the listing of the Flour Mills of Nigeria Plc’s N4.89bn Series 4 tranche A…
New IGP: Be guided by Police Act 2020, legal Practitioner Counsels Buhari
An Abuja based legal practitioner, Barrister Silas Joseph Onu has called on President Muhammadu Buhari to name a new Inspector…
Apple Sees Revenue Growth Accelerating After Setting Record For iPhone Sales, China Strength
Apple Inc on Wednesday reported holiday quarter sales and profits that beat Wall Street expectations, as new 5G iPhones helped…
Our Data 99% Secure, Says Pantami
MINISTER of Communications and Digital Economy, Dr Isa Pantami has assured Nigerians and the international community that citizens’ and the…
These Budget Numbers Show What Nigeria Can Learn From Lagos
Nigeria can look to an in-house example for inspiration on how to better manage its finances. Lagos State, Nigeria’s commercial…
AFCFTA: FG Pushes ECOWAS Brown Card Scheme
INSURANCE As Nigeria settles down to the implementation of the African Continental Free Trade Area, AFCFTA, the Federal Government, FG,…
‘Nigeria’s Manufacturing Sector Still Struggling To Survive’
Despite the ability to take millions of people out of poverty by way of providing employment opportunities while also creating…
FG Restructures Commodities Exchange, Halts Privatisation Plans
The Federal Government is repositioning the Nigerian Commodities Exchange into a commercially viable platform for delivering efficient pricing of Nigeria’s…
IMF Foresees Improved Capital Spending In Nigeria
The International Monetary Fund (IMF) has projected that Nigeria’s capital spending will improve this year while anticipating that financing the…
Emzor Completes Debut N13.73bn 5-Year Corporate Bond
Emzor Pharmaceutical Industries Limited has successfully launched its maiden N13.73 billion 5-year fixed-rate senior unsecured bond Issue due January 2026…
NSE, IFC Promote Gender Equality Among Listed Firms
The Nigerian Stock Exchange (NSE) in partnership with the International Finance Corporation (IFC) will host a workshop to promote gender…
Successful Rights Issue Sign of Confidence, Says Transcorp Hotels MD
The Managing Director/Chief Executive Officer of Transcorp Hotels Plc, Mrs. Dupe Olusola, yesterday commended shareholders, regulators, stockbrokers and other stakeholders…