Finance DisCos Revenue Surges By 47% To Hit N757bn – Report Jun 21, 2022 0 Revenue collection by the 11 distribution companies increased by 47% to N757bn in 2021. The Association of!-->…
Africa South Africa Extends Fuel Subsidies To August 2022. Jun 21, 2022 0 To ease the increased oil costs as a result of Russia’s conflict with Ukraine, South Africa wants to extend its!-->…
World Cardano Is Now 6th Most Valuable Crypto Following Vasil Hard Fork. Jun 21, 2022 0 Cardano has also seen gains in the last seven days, with its price rising by 14%. As a result of its recent!-->…
World German Retail Sales Drop In April As Food Prices Bite. Jun 21, 2022 0 German retail sales fell by more than expected in April as consumers feel the pinch of higher prices. Especially!-->…
Local Rising Inflation, Others Threaten Buhari’s Poverty Reduction Scheme –World Bank… Jun 21, 2022 0 World Bank economists, Jonathan Lain and Jakob Engel, have said that rising inflation, persistent population!-->…
Local CBN Raises Online Transfer Limit To N25 Million And N250million For Individuals… Jun 21, 2022 0 The Central Bank of Nigeria (CBN) has raised the limit for ‘Highly Secured Online Funds Transfer'. This begins!-->…
Crypto Bitcoin Miners Now Selling Their Holdings As Bearish Market Persists. Jun 21, 2022 0 It looks like the bearish market is hitting all sectors of the cryptocurrency space. Including those that are!-->…
World Walmart To Add 4,000 Jobs With Four New U.S. Fulfillment Centers. Jun 21, 2022 0 Walmart Inc announced plans to open four new fulfillment centers in the United States over the next two years.!-->…
World Ripple Aims To Acquire Additional Projects Despite Crypto Winter. Jun 21, 2022 0 Ripple CEO, Brad Garlinghouse said the San Francisco-based payments company will explore acquiring additional!-->…
World Japan Passes Stablecoin Bill Focused On Investor Protection Jun 21, 2022 0 A Northeast Asian country, Japan, becomes one of the first major economies to introduce a legal framework!-->…
Crypto Venture Capital Crypto Investments Decline By 38% In May 2022. Jun 21, 2022 0 Due to the bear run the cryptocurrency space has been experiencing throughout the year, not only are retailers!-->…
Local Nigeria’s Foreign Trade Rises To N13 Trillion In Q1 2022 Jun 21, 2022 0 Nigeria’s foreign trade rose to N13 trillion in the Q1 of 2022, increasing by 11.1% from N11.7 trillion recorded!-->…
World Asia Shares Lifted By U.S. Futures, Oil Climbs Jun 20, 2022 0 Asian shares joined U.S. stock futures in making cautious gains on Monday ahead of U.S. inflation data this week.!-->…
World Nest Egg No More: Inflation Eats Canadian Consumer Cash Pile, Risking Growth Jun 20, 2022 0 An extra C$8,300 ($6,600) in your pocket. That is roughly how much the average Canadian saved during the pandemic.!-->…
Local Despite Negative Yield, Investors Oversubscribe CBN’s June 2022 T-Bills By 527% Jun 20, 2022 0 Nigeria’s high inflation rate has permitted a negative yield in the fixed income market. A whopping 527%!-->…
Local FG, NEXIM Sign $40m Women In Oil Sector Fund Jun 20, 2022 0 The Federal Government and the Nigerian Export-Import Bank have signed a $40m intervention fund for women in the!-->…
Crypto Crypto Industry Gripped By Anxiety As Bitcoin Wobbles Near Key $20,000 Level Jun 20, 2022 0 The cryptocurrency industry is on edge, as investors feared contagion from problems at major crypto players could!-->…
Market Global Markets Quake As Central Banks Grow More Hawkish Jun 20, 2022 0 Expectations for how drastically central banks need to tighten monetary policy to fight soaring inflation have!-->…
Currency Euro Rises Despite French Election As Dollar Retreats Jun 20, 2022 0 Euro rose on Monday despite French President Emmanuel Macron losing an absolute majority in the country's!-->…
Local Top Three Aussie Miners To Shed $11Bn In Market Value As Commodity Rout… Jun 20, 2022 0 Australia's big three miners were on track to lose more than A$16 billion ($11.12 billion) in combined market!-->…
Local China’s Oil Imports In May From Russia Soar To A Record, Surpassing Top… Jun 20, 2022 0 China's crude oil imports from Russia soared 55% from a year earlier to a record level in May, displacing Saudi!-->…
Local Indian Shares Flat As Metals Counter Gains In Consumer Stocks Jun 20, 2022 0 Indian shares were little changed on Monday, with gains in consumer stocks offset by losses in metals, while!-->…
Local Danone Trims Product Range As Shoppers Balk At High Prices Jun 20, 2022 0 French food giant Danone (DANO.PA) is cutting the variety of products it sells to retailers to reduce costs.!-->…
Local Babel Finance Suspends Withdrawals As Crypto Markets Slump Jun 20, 2022 0 Hong Kong-based Babel Finance temporarily suspended the withdrawals and redemptions of crypto assets on Friday. As!-->…
Local Lagos Businesses Spend N5.3Trillion On Fossil Fuel Annually Jun 20, 2022 0 Lagos State residents and businesses operating in the state spend about N5.3 trillion annually on fossil fuel!-->…
Local Inflation Will Push 15 million Nigerians Into Poverty In Two Years. Jun 20, 2022 0 The World Bank projects an inflation shock to push about 15 million more Nigerians into poverty between 2020 and!-->…
Local Nigerian Export Promotion Council (NEPC) Eyes 40% Increase In Exports Through… Jun 20, 2022 0 With the launch of trade houses in Egypt and Togo, NEPC, is targeting a 40% increase in the country’s exports.!-->…
Local Central Bank Of Nigeria’s Intervention Funds Fuelling Inflation, World Bank… Jun 20, 2022 0 The World Bank says the Central Bank of Nigeria’s development finance intervention is fuelling inflation in the!-->…
Local Federal Government Of Nigeria’s Spending On Pension, Gratuity Falls To N356bn Jun 20, 2022 0 The Federal Government’s expenditure on pensions and gratuity fell slightly by N3.48bn in 2021. This is according!-->…
Asia Asia Shares Slip, Hard To Dodge Recession Risks Jun 20, 2022 0 Asian shares slipped on Monday and Wall Street futures eked out slight gains amid worries the U.S. Federal Reserve!-->…