Month: June 2022

Asian shares were mostly higher on Friday as investors hoped U.S. jobs data due later might sway the Federal Reserve.…

China’s national oil majors are in advanced talks with Qatar to invest in the North Field East expansion of the…

Nigeria’s inflation rate has again surged to 17.71%, according to latest figures by the National Bureau of Statistics. In May…

The current bear market has seen a whopping 72 out of top-100 tokens by market capitalization fall. More than 90%…

Some Western companies have agreed to sell their Russian assets or hand them over to local managers. As they scramble…

The American consumer presents a significant obstacle as the Biden administration considers escalating sanctions against Russia. This is in response…

Nigeria spent N3.25tn on airtime, data, and other telecommunication services in 2021, according to the Nigerian Communications Commission. This is…

The Russian subsidiary of Alphabet’s (GOOGL.O) Google has submitted a declaration of bankruptcy, Interfax. The Russian authorities’ seizure of Google…

Volkswagen AG (VOWG_p.DE) and its Porsche AG unit have agreed to a class-action settlement worth at least $80 million. To…

World stocks fell and bonds resumed their slide after a surprise Swiss interest rate hike fuelled concerns about surging inflation.…

Indian conglomerate Reliance Industries (RELI.NS) is considering buying out Revlon Inc (REV.N) in the United States, days after the cosmetics…

The Bank of Japan maintained ultra-low interest rates and its guidance to keep borrowing costs at “present or lower” levels.…

Toymaker Lego said it will invest more than $1 billion in a factory in the United States. To shorten supply…

World stocks headed for their worst week since markets’ pandemic meltdown in March 2020, as interest rate hikes in the…

The World Trade Organization’s164 members approved a series of trade agreements. That included commitments on fish and pledges on health…

A Tesla Inc (TSLA.O) shareholder sued the electric car maker, Chief Executive Elon Musk and its board. Accusing them of…

As consumers struggle with inflation and return to pre-pandemic behavior, British online fashion retailers ASOS (ASOS.L) and Boohoo (BOOH.L) issued…

Compressing Britain’s two company listing segments to attract more tech firms could put an existing “gamechanger” at risk. Britain wants…

Cryptocurrency exchange Binance’s Chief Executive Officer, Changpeng Zhao, said that volumes on the exchange so far in 2022 were similar…

OPEC+ produced 2.695 million barrels per day below its crude oil targets in May. Because of production problems at several…

Nigeria must increase its productivity and change consumption patterns to shore up the value of naira. The Central Bank of…

World Bank economists, Jonathan Lain and Jakob Engel, have said that rising inflation, persistent population growth, the COVID-19 pandemic, and…

Subscriptions for internet across mobile, fixed, and VoIP networks in the country increased to 148 million in April this year.…

The U.S. Federal Reserve raised its target interest rate by three-quarters of a percentage point to combat a disruptive rise…

In its resolve to help smallholder farmers mitigate loss of harvests due to poor weather conditions, pests and diseases. Rufus…

An Australian court on Monday ordered Google to pay a former lawmaker A$715,000 ($515,000). Saying its refusal to remove a…

UAC of Nigeria PLC has announced the successful completion of its N18.7 billion Series 1 and 2 Commercial Paper issuance.…

The Central Bank of Nigeria has ordered banks and Payment Service Providers to accept indemnity. Indemnity from customers for highly…

The Electronic Dividend Mandate Management System (E-DMMS) will be fully in use by the end of the third quarter (Q3)…

Nigerians’ use of mobile channels for payment transactions has risen by 3,454.46% from N136.85bn. Within the first four months of…