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World

Global Corporate Debt To Drop Amid Higher Funding Costs, Study Finds

Jul 6, 2022 0
Global corporate net debt has fallen by 1.9% to $8.15 trillion in the past year. As higher borrowing costs reduce…
Local

Crypto Lender Voyager Files For Bankruptcy.

Jul 6, 2022 0
Voyager Digital (VOYG.TO) has filed for bankruptcy, the crypto lender said in a statement, a week after…
Local

NSITF Pays N300m Compensations To Employers, Employees- Nigeria.

Jul 6, 2022 0
According to the Nigeria Social Insurance Trust Fund,N306,554,896 was reimburse out over the previous four months;…
World

Airbus Cancels Deal With Qatar Airways For Fourth A350

Jul 6, 2022 0
Europe's Airbus (AIR.PA) has raised the stakes in a dispute with Qatar Airways over damage to the painted surface…
Local

NAICOM Revokes Niger Insurance, Standard Alliance Licences, Appoints Liquidators

Jul 6, 2022 0
Following the failure of several palliatives to strengthen both Niger Insurance Plc and Standard Alliance…
World

Real Estate Firm Cushman & Wakefield Held In Contempt, Fined $10,000 A Day

Jul 6, 2022 0
A New York judge on Tuesday held real estate firm Cushman & Wakefield PLC; in contempt of court for not…
Local

FG Reveals Why It Is Pushing For More Public Private Partnerships In Nigeria

Jul 5, 2022 0
The Federal Government has declared that the current financial situation of Nigeria brought about by the global…
Africa

Central African Republic Starts Crypto Hub To Boost Financial Inclusion

Jul 5, 2022 0
To encourage the growth of the regional crypto ecosystem, the Central African Republic (CAR); developing the Sango…
Energy

Oil And Gas Is Best Performing Index In HY 2022 With 58% Gain

Jul 5, 2022 0
Russia’s invasion of Ukraine has led to a sharp rise in global oil prices; amounting to more than 100 dollars per…
World

Mexico’s Femsa To Buy Swiss Store Operator Valora for $1.15 Bln In Europe…

Jul 5, 2022 0
Mexican bottler and retailer company Fomento Economico Mexicano (Femsa) (FEMSAUBD.MX) offered to buy Swiss kiosk…
Local

Court Restrains Kano Govt From Borrowing N10bn For CCTV Cameras- Nigeria.

Jul 5, 2022 0
A Federal High Court sitting in Kano presided over by Justice Abdullahi Muhammad Liman has restrained Kano State…
Local

Tinubu To Buy 299.25m Oando Shares, As Exits Trail SEC Out-Of-Court Settlement

Jul 5, 2022 0
Wale Tinubu and Italian investor, Gabriele Volpi have agreed to acquire shares of minority investors. As they…
Local

First Vessel From Hong Kong Berths At Lekki Deep Seaport- Nigeria.

Jul 5, 2022 0
Three Ship-to-Shore cranes and 10 Rubber-Tyred Gantries critical to the commencement of operations of the Lekki…
Banking

Zenith Bank Again Maintains Position As Nigeria’s Best Commercial Bank, And Best…

Jul 5, 2022 0
Zenith Bank Plc has emerged as the Best Commercial Bank, Nigeria in the World Finance Banking Awards 2022;…
Local

FIRS Extends Deadline For Filing Of 2022 Companies Income Tax Returns To 31st…

Jul 5, 2022 0
The Federal Inland Revenue Service has extended the deadline for filing Companies Income Tax Returns for the 2022…
Local

Samsung To Invest $500 Mln In Mexico, Foreign Minister Says.

Jul 5, 2022 0
Samsung Electronics will invest $500 million in Mexico in order to increase production of home appliances in the…
Crypto

Interpol Arrests South African Steynberg For Biggest Bitcoin Fraud

Jul 5, 2022 0
The U.S. Commodity Futures Trading Commission (CFTC) said it had filed civil charges against South African…
Asia

Asia Shares Squeeze Higher, Take Brief Respite From Growth Fears

Jul 5, 2022 0
Asian shares eked out their best day in a week on Tuesday as positive economic data and hints of easing Sino-U.S.…
World

Canadian Inflation Expectations Bolster Case For Supersize Rate Hike

Jul 5, 2022 0
Consumer inflation expectations surged in Canada, hitting fresh highs in the short-term and up "significantly"…
Business

MTN, Airtel Win Big As 3,246 Subscribers Ported In May 2022

Jul 5, 2022 0
Data from the Nigerian Communications Commission (NCC) has revealed that a total of 3,246 subscribers. Who ported…
Local

Naira Falls Across FX Markets As Dollar Supply Dips Significantly

Jul 5, 2022 0
Monday, 4th July 2022: The exchange rate between the naira and the US dollar closed at N425.75/$. This is at the…
Business

Celsius Has Paid $143 Million In Debt Since The Start Of Q3

Jul 5, 2022 0
Crypto lending platform, Celsius, has repaid a substantial amount of its outstanding debt to Maker (MKR) protocol…
Finance

TrustBanc Raises N5.85bn From Series 7 And 8 Commercial Papers; Issue Achieves…

Jul 5, 2022 0
TrustBanc Holdings Limited (TrustBanc), the parent company of three regulated financial services companies. They…
Asia

Emerging Asian Equities Post Biggest Foreign Outflows Since March 2020

Jul 5, 2022 0
Emerging Asian equities ex-China recorded massive outflows in June. This is as risk assets took a hit due to…
Banking

Bank Assets Rise By 21% To N64.32Tn – CBN

Jul 4, 2022 0
Nigerian banks’ total assets rose by N11.15tn in one year to N64.32tn as of the end of April. Figures obtained…
Business

Oil Prices Slip As Recession Fears Rumble On, Tight Supply Stems Losses

Jul 4, 2022 0
Oil prices fell on Monday, paring gains from the previous session, as fears of a global recession weighed on the…
World

Japan’s KDDI Shares Slide Nearly 4% After Giant Mobile Network Outage.

Jul 4, 2022 0
KDDI Corp shares fell as much as 3.9%, the biggest system failure in the history of Japan's No.2 wireless carrier.…
Asia

Chinese Property Developer Shimao Misses Repayment On $1 Billion Bond

Jul 4, 2022 0
Chinese property developer Shimao Group (0813.HK) has missed the interest and principal payment of a $1 billion…
Local

Fuel Scarcity: IPMAN Meets NMDPRA, Says Price To Remain N165 Per Litre At…

Jul 4, 2022 0
The Independent Petroleum Marketers Association of Nigeria (IPMAN), which recently warned of massive fuel scarcity…
World

Brazil’s Fertilizer Imports Jump As Farmers Prepare To Plant New Crop

Jul 4, 2022 0
Brazilian fertilizer imports in June jumped 18.6% and totaled 4.15 million tonnes, according to government data…
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NIGERIA

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