Local SEC Steps In As More Nigerians Buy Foreign Stocks May 10, 2021 0 The Securities and Exchange Commission has said it will register and actively monitor brokers selling stocks for…
Business Agency Banking … New Kid On The Block May 10, 2021 0 Agency banking is one of the models being used by commercial banks to reach the unbanked across the nooks and…
Business Dollar Back To Where It Began The Year As Rally Burns Out May 10, 2021 0 Friday’s worse-than-expected U.S. employment data saw the Bloomberg Dollar Spot Index drop decisively below its…
Business China’s Much-Hyped Digital Yuan Fails To Impress Early Users May 10, 2021 0 As China moves closer to rolling out the world’s first major sovereign digital currency, speculation over the…
Business Germany Has Agreed To Return Nigeria’s Looted Treasure. Will Other Countries… May 10, 2021 0 The bronze plaques from his birthplace looked strange at the British Museum. Enotie Ogbebor, a visiting artist,…
Business Govt Mulls Extension Of Petrol Parity Fund To Gas Supply Nationwide May 10, 2021 0 The federal yesterday indicated that it is considering extending the current equalisation scheme in the petrol…
Business Pound Rises As Risk Of Imminent Referendum On Scotland Recedes – BLOOMBERG May 10, 2021 0 The pound strengthened after the Scottish National Party’s election showing pushed back the risk of a near-term…
Business Trade Deficit Widens To $2.51bn After Border Reopening May 10, 2021 0 Nigeria’s trade deficit rose from $1.69bn in December 2020 to $2.51bn as of the end of January 2021 despite the…
Business Nigeria’s Revenue Threatened As India Slashes Crude Imports By $39.5bn May 10, 2021 0 Nigeria’s revenue earning capacity has come under threat following the reduction of importation of crude oil by…
Business UPDATE 1-Sterling Rises Above $1.40 For First Time Since February May 10, 2021 0 The pound broke above the key $1.40 level for the first time in more than two months on Monday, reaching as high as…
Business Over N3trn Unremitted Fund With MDAs – Senate May 10, 2021 0 As the Senate Committee on Finance continues its investigations into revenue remittances by over 700 Ministries,…
Business CBN Promises More Credit Facilities For Youths May 10, 2021 0 The Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, has reiterated the apex bank’s commitment to provide…
Business Forex Scarcity As Vampire Sucking Economy Dry May 10, 2021 0 The persistent scarcity of foreign exchange in the country is largely responsible for the multiple exchange…
Business Oil Traders Work To Avert Shortages From U.S. Pipeline Hack May 10, 2021 0 The shutdown of America’s largest fuel pipeline after a cyberattack is threatening to send gasoline prices to the…
Business Nigeria To Diversify Forex With Gold Trading May 10, 2021 0 Nigeria is expected to deepen its foreign exchange (forex) earnings with the impending listing of Dukia Gold’s…
Business CBN, IITA, Others To Halt Rejection Of Nigerian Crops May 10, 2021 0 The Central Bank of Nigeria is working with the International Institute of Tropical Agriculture,…
Business Rise In Import Tariff Takes Toll On Businesses May 10, 2021 0 For most businesses dependent on importation of some kind, increase in import tariffs remains a sore point as…
Business Fed Warns US Financial System Remains Vulnerable To Threats May 10, 2021 0 The Federal Reserve is warning that the U.S. financial system remains vulnerable to threats stemming from the…
Business Bitcoin Rises 6.8 % To $56,852.03 May 5, 2021 0 Bitcoin rose 6.8% to $56,852.03 by 1000 GMT on Wednesday, adding $3,622.23 to its previous close. However, the…
Business Exclusive China’s Tencent In Talks With U.S. To Keep Gaming Investments… May 5, 2021 0 Tencent Holdings Ltd (0700.HK) is negotiating agreements with a U.S. national security panel that would allow it to…
Business U.S. SEC chair says reviewing short-selling, swap rules after GameStop, Archegos… May 5, 2021 0 The U.S. securities regulator is considering measures to require big investors to disclose more about short…
World CDC Advances Plan For Resumption Of U.S. Passenger Cruise Operations May 5, 2021 0 The U.S. Centers for Disease Control and Prevention (CDC) has begun a key step for the eventual resumption of U.S.…
Business Dow Ends At Record High As Tech Slides May 5, 2021 0 The Dow Jones Industrial Average ended at a record high on Wednesday, while Nasdaq gave up its earlier gains and…
World U.S. Backs Waiving Patent Protections For Covid Vaccines, Citing Global Health… May 5, 2021 0 WASHINGTON — The Biden administration announced Wednesday that it supports waiving intellectual property…
Business Cramer Says He Sold Some Ether After Record Highs To Put Toward An All-Electric… May 5, 2021 0 CNBC’s Jim Cramer said Wednesday he trimmed some of his ether holdings after the world’s second-largest…
Business Jeff Bezos’ Blue Origin To Launch First Space Tourism Passengers On July 20 And… May 5, 2021 0 Jeff Bezos’ space venture Blue Origin will launch its first astronaut crew to space on July 20, flying on its…
World Mark Zuckerberg Can No Longer Deflect Blame For Trump’s Facebook Suspension May 5, 2021 0 Facebook’s self-created “supreme court” refused to do the company’s dirty work when it handed down a decision…
Business Uber Partners With Softbank-Backed Gopuff To Deliver Everyday Essentials, From… May 5, 2021 0 If you order potato chips, toothpaste or over-the-counter medication through the Uber Eats app, it will soon be…
Business Uber Losses Dramatically Improve Thanks To Sale Of Self-driving Unit May 5, 2021 0 Uber beat estimates on the top line and dramatically improved its net losses in its first quarter, but missed on…
Business Google Relaxes Remote Work Plan, Will Let 20% Of Employees Telecommute May 5, 2021 0 Google on Wednesday said it now expects 20% of its employees to work from home after its offices reopen later this…