Africa South Africa Rebases GDP, Revises Economic Growth Figures Aug 25, 2021 0 South Africa has rebased its gross domestic product (GDP) survey, with the new data showing the economy was 11%…
Business CBN, Bankers Committee Have More Money For Creative Industry Aug 25, 2021 0 The Central Bank of Nigeria (CBN) led by Godwin Emefiele, its governor, and the bankers committee still have more…
Business FX: Customers To Return Unutilized PTA/BTA Within 2 Weeks Aug 25, 2021 0 Customers who approached commercial banks for the purchase of foreign exchange (FX) at cheaper rates especially for…
Business Gold Eases On Steady Dollar, Focus On Jackson Hole Aug 25, 2021 0 Gold retreated below $1,800 on Wednesday as the dollar halted its slide while investors sought cues on the timeline…
Business Turkish Lira Rises In Muted FX Trade As Focus Turns To Jackson Hole Aug 25, 2021 0 The Turkish lira rose on Wednesday while other emerging market currencies were muted as investors turned to an…
Business Nigerian Tax Tribunal Orders Multichoice To Pay 50% Of Disputed $4.4 Bln Tax Bill Aug 25, 2021 0 A Nigerian tax tribunal ordered the local unit of South Africa’s pay-TV company Multichoice to pay 50% of a…
Business Ghana’s Currency Heads For Weakest-Ever Close Vs Dollar Aug 25, 2021 0 The biggest injection of dollars yet by Ghana’s central bank failed to stem the cedi’s slide on Wednesday amid a…
Business China Reopens World’s Third Busiest Port After Partial Virus Halt Aug 25, 2021 0 China reopened a key terminal at the world's third-busiest cargo port on Wednesday, after a shutdown to control the…
Opinion Banks Come Under Fire As Fraud Cases Reach New Heights Aug 25, 2021 0 In the wake of the pandemic has come a scammers epidemic. The crime is so widespread, aggressive and…
Business Oil Steadies Near $71 After Two-Day Rally Aug 25, 2021 0 Oil prices steadied near $71 a barrel, taking a breather after a strong rally in recent days as Mexico was set to…
Business Sterling Steady, Currency Markets Lack Momentum Ahead Of Jackson Hole Aug 25, 2021 0 Sterling was little changed on Wednesday, lacking direction as investors waited for the Federal Reserve’s annual…
Business Dollar Perks Up To Trade Above One-Week Low On Delta Variant Fears Aug 25, 2021 0 The safe-haven dollar gained on Wednesday to trade above a one-week low versus major peers amid concerns that the…
Business Group Blames FG As Saudi Arabia Recruits Nigerian Doctors Aug 25, 2021 0 THE Federal Government on Monday feigned ignorance as a firm concluded arrangement to recruit Nigerian doctors for…
Business Global Corporate Profits To Fall 8% In Q3 After Record Q2 – Data Aug 25, 2021 0 Global corporate profits in the third quarter are likely to fall for the first time in 18 months after record…
Local ‘Tax Evasion’: Tribunal Orders Multichoice To Pay N900bn To FIRS Before Hearing… Aug 25, 2021 0 A tax appeal tribunal (TAT) sitting in Lagos has ordered Multichoice Nigeria Limited to pay 50 percent of N1.8…
Business Retail Trading Apps In Nigeria Face A Defining Moment Aug 24, 2021 0 There are four startups that allow Nigerians to invest in shares of public companies on US exchanges. But unlike…
Business Smuggling: NCS, NSA Grant Border Stations Waivers, Says DPR Aug 24, 2021 0 The Department of Petroleum Resources has faulted the claim by the Nigeria Customs Service that it was partly…
Business South African Unemployment Rate Rises To Highest In The World Aug 24, 2021 0 South Africa’s unemployment rate surged to the highest on a global list of 82 countries monitored by…
Business IMF’s $650bn Reserves Liquidity Support For Nigeria, Others Takes Off Aug 24, 2021 0 The International Monetary Fund (IMF) has announced the take-off of its $650 billion set aside under its special…
Business Oil Extends Gains On Brighter Demand Outlook, Mexico Outages Aug 24, 2021 0 The International Monetary Fund (IMF) has announced the take-off of its $650 billion set aside under its special…
Business Discos Beg Customers As Blackout Worsens On Grid Collapse Aug 24, 2021 0 The national power grid has collapsed for the second time in less than a month, worsening the blackout being…
Business Investors’ Lose N25bn As Stock Market Open Week Negative Aug 24, 2021 0 Trading at the Nigerian equities market extended last week’s negative performance to the beginning of…
Business Gas Consumption Lowest In Nigeria Despite 206 Tcf Reserves Aug 24, 2021 0 Despite boasting of a 206 trillion standard cubic feet of gas reserves and topping major countries, Nigeria’s per…
Business Dollar Holds Near Five-Day Low; Kiwi Dollar Picks Up After Hawkish Comments Aug 24, 2021 0 The dollar was steady on Tuesday, holding near the previous session’s five-day low, as markets appeared less…
Business Sterling Holds Gains Vs. Dollar After Risk-Led Rebound Aug 24, 2021 0 Sterling edged lower against the dollar on Tuesday, but held most gains made against the greenback on the back of a…
Local Agusto Report: CBN’s Standardised CRR Shook Banks’ Profitability In 2020 Aug 24, 2021 0 Nigeria’s foremost research house and rating institution, Agusto & Co Limited has disclosed that Central Bank…
Technology Exclusive U.S. SEC To Scrutinize Firms’ Digital-Eengagement Practices As… Aug 24, 2021 0 The U.S. Securities and Exchange Commission (SEC) will seek input on whether digital customer engagement…
Business Goldman Sachs Raises Odds On U.S. Fed Taper Announcement In Nov Aug 24, 2021 0 Goldman Sachs economists have raised the odds that the U.S. Federal Reserve will announce the start of tapering its…
Business S&P 500, Nasdaq Hit Record Highs On Recovery Optimism Aug 24, 2021 0 The S&P 500 and Nasdaq hit record highs on Tuesday, boosted by oil and travel-related stocks, after a full U.S.…
Business Lagos Building Investment Coy. PLC (LBIC) Records Profit, Defies Tough Operating… Aug 24, 2021 0 —Fixes date for 16th Annual General Meeting (AGM) The Lagos Building Investment Company Plc. (LBIC), defied the…