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Business

EMERGING MARKETS-Turkey’s Currency Hit All-Time Low; EM Stocks At 1-Month…

May 28, 2021 0
Emerging market currencies touched new highs on Friday but a rising dollar ahead of U.S. inflation data tempered…
Business

Turkish Lira Falls To Record As Rising U.S. Yields Add To Woes

May 28, 2021 0
The Turkish currency sank to a record low, weighed down by rising U.S. yields and concern that monetary policy…
Business

Dollar Edges Up Ahead Of Inflation Data; Yen Falls

May 28, 2021 0
The dollar strengthened further on Friday following its rise from more than four-month lows in recent sessions, as…
Business

China’s Warnings Come In Thick And Fast To Curb Inflation, Yuan

May 28, 2021 0
China has dialed up its rhetoric about surging commodity prices and a strong currency with almost daily commentary…
Business

World Bank Approves $700m Loan For Nigeria

May 28, 2021 0
The World Bank has approved a $700 million loan for the Nigeria Sustainable Urban and Rural Water Supply,…
Business

Oil Rallies Above $67 As Demand Optimism Outweighs Iran Concerns

May 28, 2021 0
 Oil extended gains from the highest close in more than two years as optimism over burgeoning U.S.-led…
Business

ABCON: ‘Corporate Governance Compliance Key In BDCs’ Operations’

May 28, 2021 0
Association of Bureaux De Change Operators of Nigeria (ABCON) has urged Bureaux De Change (BDC) to carry out their…
Business

Cathie Wood Sees Deflation Returning, Boosting Innovation Stocks And Bitcoin

May 28, 2021 0
Cathie Wood is going against the grain yet again — this time on inflation. The founder and CEO of Ark…
Business

Bank Of America Hikes Price Target For Nvidia To $750 After Earnings Beat

May 28, 2021 0
The latest earnings report from Nvidia should help the semiconductor giant’s stock continue its hot streak,…
Business

France In Double-Dip Recession At Start Of 2021 After Revisions

May 28, 2021 0
 Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. France’s…
Business

CBN Moves To Curb $580m Annual Cassava By-Product Imports

May 28, 2021 0
Despite being the world’s largest producer of cassava, Nigeria imports over $580 million worth of cassava…
Local

Dangote: Nigeria To Earn $700m Annually From Sugar Backward Integration

May 28, 2021 0
The Chairman of Dangote Sugar Refinery(DSR) Plc Aliko Dangote, has urged government to faithfully follow…
Business

Bitcoin Falls Back Below $40,000 As Cryptos Plunge Yet Again

May 28, 2021 0
Major cryptocurrencies plunged into the red on Friday morning as the crypto market continues its volatility since…
Business

Illegal Oil Deals: FG Fails To Recover $69bn Loot In American Banks

May 28, 2021 0
An American assets recovery firm, Forensic Assets Investigation and Recovery Services LLC, has traced  $69bn …
Business

Pound Ticks Up On Bank Of England Policymaker’s Rates Rise Comment

May 27, 2021 0
The pound (GBPUSD=X) rose against the dollar on Thursday afternoon, after Bank of England (BoE) policymaker Gertjan…
Business

China’s Yuan Rises To Strongest Since ‘16 Versus Basket Of Peers

May 27, 2021 0
The yuan’s rally gathered pace on Thursday, with the Chinese currency rising to its strongest level since March…
Local

Nigeria’s President Appoints New Army Chief After Predecessor’s Death…

May 27, 2021 0
Nigeria's president has appointed a new army chief, the ministry of defence said in a statement on Thursday,…
Local

Debt Rises By N20.8tn Under Buhari, Servicing Gulps N10.26tn

May 27, 2021 0
The country’s debt rose by N20.8tn between July 2015 and December 2020, data obtained from the Debt Management…
Local

Experts Fault Naira Devaluation, Say Prices’ll Rise, Poverty Deepened

May 27, 2021 0
Against the backdrop of the recent devaluation of the naira by the Central Bank of Nigeria, economic and financial…
Business

Govt Seeks Single-Digit Interest For MSMEs

May 27, 2021 0
The Minister of State, Industry Trade and Investment, Mariam Katagum has called for single digit rate financing for…
Local

Stock Market Extends Losses By N12 Billion

May 27, 2021 0
The stock market extended losses to three consecutive sessions yesterday, causing market capitalisation to…
Business

Nigeria Needs $2b Monthly For Fiscal Sustainability As FG Builds Oil Reserves

May 27, 2021 0
The Department of Petroleum Resources (DPR) has stated that the country needs over $2 billion monthly revenue to…
Business

Yuan Advances To New 3-Yr High As PBOC Yet To Show Discomfort With Recent Gains

May 27, 2021 0
China's yuan advanced further to a new three-year high against the dollar on Thursday, as investors increased their…
Business

Dollar Firms As Traders Brace For U.S. Inflation Gauge

May 27, 2021 0
The dollar found support on Thursday from a sense that the Federal Reserve is slowly but surely edging towards a…
Business

PSSP Capital Base Jacked Up To N250m

May 27, 2021 0
The Central Bank of Nigeria (CBN) has raised the minimum capital requirement for payment solutions service…
Technology

More Than Half Of Europeans Want To Replace Lawmakers With AI, Study Says

May 27, 2021 0
LONDON — A study has found that most Europeans would like to see some of their members of parliament replaced by…
Business

Cramer Says Investors Who Are Short GameStop And AMC Are Out Of Their Mind

May 27, 2021 0
CNBC’s Jim Cramer said Wednesday he’s not sure why any investors are still betting against GameStop and AMC…
Business

Bitcoin Crash Opens Door To A Tax Loophole For Investors

May 27, 2021 0
Crypto investors may be shellshocked by a recent plunge in prices. But that sell-off has a silver lining: It…
Technology

Twitter Says It Is Concerned About The Safety Of Its India Staff After Police…

May 27, 2021 0
Twitter said on Thursday it was worried about the safety of its staff in India, days after police visited its…
Business

Kiwi Dollar Holds Onto Gains After Surprise Rate Hike Projection; Dollar Steady

May 27, 2021 0
While the dollar was steady around 5-month lows in early London trading on Wednesday, the New Zealand dollar was up…
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NIGERIA

Business

No New Vehicle Tax Introduced by Federal Government, NRS Clarifies Viral Claim

Apr 27, 2026
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Bank Recapitalisation in Nigeria: Tinubu Commends CBN’s Cardoso Over Bold Financial Reforms

Apr 27, 2026
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CBN Mops Up N2.8 Trillion from Banks to Tighten Liquidity and Stabilise Naira

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Dangote Refinery Expansion to Create 95,000 Jobs as Capacity Hits 1.4 Million Barrels Per Day

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World

UN Warns Trump Against Iran Strikes as Deadline Nears:…

Apr 7, 2026

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

Oct 3, 2024

Walz, Vance clash at policy-heavy vice presidential debate

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