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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…
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NIGERIA

Business

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World

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