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Business

Russia’s top digital bank wants to offer crypto — but tough central bank policy…

Jun 3, 2021 0
Tinkoff, the biggest online bank in Russia, wants to offer cryptocurrency trading to its clients but says this…
World

United Airlines will buy 15 ultrafast airplanes from start-up Boom Supersonic

Jun 3, 2021 0
United Airlines is planning to turn the friendly skies into the ultrafast skies with the addition of supersonic…
Business

Ex-TD Ameritrade CEO warns meme stock traders that leverage could ‘rip your arms…

Jun 3, 2021 0
Joe Moglia, former CEO of online trading platform TD Ameritrade, issued a stern warning Thursday about using…
Business

Russia Says It Will Remove Dollar Assets From Its Wealth Fund

Jun 3, 2021 0
Russia is cutting the U.S. dollar from its $186 billion National Wealth Fund as Washington continues to impose…
Business

China Rushes To Pull Back The Yuan From A Three-Year High

Jun 3, 2021 0
China is trying to rein in the yuan as it surges to three-year highs against the U.S. dollar. A stronger yuan…
Business

Forex: ABCON Bans Street Hawking, Moves To Cut Rate

Jun 3, 2021 0
The Association of Bureau De Change Operators has said it will commence what it called ‘Operation No Street…
Business

Oil Industry’s Future At Risk, Barkindo Warns Nigeria, Others

Jun 3, 2021 0
The Secretary-General of the Organisation of the Petroleum Exporting Countries, Mr Mohammad Barkindo, has warned…
World

Facebook Announces New Tools To Make It Easier For Businesses And Consumers To…

Jun 2, 2021 0
Facebook on Wednesday announced a number of new developer tools, including several messaging features for…
Technology

Microsoft to unveil new version of Windows on June 24

Jun 2, 2021 0
Microsoft said Wednesday it will unveil “the next generation of Windows” on June 24. The move comes a week after…
Business

AMC rally continues as shares jump in after-hours trading

Jun 2, 2021 0
The AMC Entertainment buying frenzy continued as shares of the movie theater chain jumped in extended trading on…
Business

Tesla faces pressure as EV competition heats up, ex-Ford CEO says

Jun 2, 2021 0
Elon Musk brought electric vehicles into the mainstream with Tesla. Now the EV company is grappling with the…
Business

Lira Craters To Record Low After Erdogan Orders Central Bank To Slow Inflation By…

Jun 2, 2021 0
By now, even the shoeshine boy knows that central banks are one-print trick pony farcical joke, one which is…
Business

Bitcoin May Yet See ‘Breakthrough,’ Norway Finance Minister Says

Jun 2, 2021 0
The finance minister of Norway appeared to break away from the chorus of Bitcoin critics and suggested that…
Local

Nigerian Banks Lend To Customers At Higher Rate Despite Cheap Funds

Jun 2, 2021 0
Nigerian banks access low cost funds from individual/corporate deposits, interventions from the Central Bank and…
World

UK’s Post-Study Work Visa Targets Graduates From Nigeria, Others

Jun 2, 2021 0
Under the post-study work visa rules by the United Kingdom government, Nigerians and nationals from other countries…
Business

China Digs Deep Into Its Currency Toolkit To Manage Yuan

Jun 2, 2021 0
As China’s central bank pulls back from direct intervention in its currency market, officials are reverting to old…
Local

Twitter Deletes President Buhari’s Post For Violating Rules

Jun 2, 2021 0
President Buhari had in a tweet shared on Tuesday, evoked Nigeria’s civil war experience which was fought between…
Business

The Dollar Snaps Back

Jun 2, 2021 0
Overview: The US dollar is enjoying broad, even if not large, gains today following yesterday's recovery from…
Business

Why We Want 20% Stake In Dangote Refinery – NNPC

Jun 2, 2021 0
The Nigerian National Petroleum Corporation, NNPC, has moved to explain its recent bid to acquire 20 percent stake…
World

Bitcoin Unlikely To Dodge Regulation For Long, Sweden Says

Jun 2, 2021 0
Bitcoin and other cryptocurrencies are unlikely to escape regulatory oversight as supervisory authorities respond…
Business

Update 1-South Africa’s Rand Falls After Unemployment Data

Jun 2, 2021 0
The South African rand fell on Tuesday after data showed that the country’s unemployment rate hit a new record high…
Business

Analysis-China’s Banks Are Bursting With Dollars, And That’s A Worry

Jun 2, 2021 0
A mountain of dollars on deposit in China has grown so large that banks are struggling to loan the currency and…
Business

IMF Offers Bailout To Second African Nation In Less Than A Week

Jun 2, 2021 0
The International Monetary Fund staff agreed to provide a $1 billion facility to Uganda, the lender’s second…
Business

NNPC Decries Destruction Of Rail Lines For Oil, Gas Pipe Transportation

Jun 2, 2021 0
The Nigerian National Petroleum Corporation (NNPC) has bemoaned the recent spate of attacks on the country’s rail…
Business

OPEC+ Gives Little Away As It Sees Oil Market Tightening

Jun 2, 2021 0
OPEC+ left oil consumers in limbo, sticking to its plan of monthly production increases until July but refusing to…
World

Bank Of England Expresses Unease About Jump In Housing Prices

Jun 2, 2021 0
The Bank of England indicated unease about the U.K. housing market after Nationwide Building Society said prices…
Local

Nigeria’s Furniture Export Rises As Cyrus Doors Enters Alaro City

Jun 2, 2021 0
Nigeria’s furniture export profile has received a boost with the move by Cyrus Doors and Joinery, a leading…
Business

PFAs Invest N8.3tr In FGN Securities

Jun 2, 2021 0
Pension Fund Administrators (PFAs) have invested N8.32 trillion in Federal Government’s Securities, out…
Business

Federal Government Targets Private Refineries To Offtake Over 300,000bpd

Jun 2, 2021 0
Except Dangote and other private refineries coming on board give preference to the Federal Government for…
Business

Nigerian Banks Spend Billions Annually On KYCs

Jun 2, 2021 0
A KPMG report has revealed that Nigerian banks spend billions of naira annually to implement the Know Your Customer…
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No New Vehicle Tax Introduced by Federal Government, NRS Clarifies Viral Claim

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Bank Recapitalisation in Nigeria: Tinubu Commends CBN’s Cardoso Over Bold Financial Reforms

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CBN Mops Up N2.8 Trillion from Banks to Tighten Liquidity and Stabilise Naira

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World

UN Warns Trump Against Iran Strikes as Deadline Nears:…

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Saudi warns of $50 oil if OPEC+ fails to honour cut deal

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Walz, Vance clash at policy-heavy vice presidential debate

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