Business Marketers Raise Petrol Price To N170, Depots Suffer Shortage Feb 17, 2021 0 Fuel marketers have started adjusting their petrol pump prices amid the supply shortage facing private depots in…
Business US Sells $200m In Weapons To Egypt Despite Human Rights Abuses Feb 17, 2021 0 The United States approved an arms sale worth nearly $200m to Egypt but vowed to press human rights issues after an…
Business Nigeria To Turn Central Bank’s $26 Bln Financing Into 30-Year Loan Feb 17, 2021 0 Nigeria plans to convert 10 trillion naira ($26.3 billion) worth of short-term government financing by the central…
Business Interswitch Joins Nigeria’s $17Bn E-commerce Market With Quickteller Business Feb 17, 2021 0 Interswitch-owned Quickteller has become the latest entrant in the Nigerian e-commerce market estimated at $17…
Business U.S. Producer Prices Post Biggest Gain Since 2009 Feb 17, 2021 0 U.S. producer prices increased by the most since 2009 in January as the cost of goods and services surged,…
Investing Walmart Investors Eye Push Into Advertising, Healthcare Following Pandemic Boom Feb 17, 2021 0 Walmart Inc’s investors and analysts are likely to look past the retail giant’s slowest same-store sales growth…
Business A Nigerian Rivers Investment Firm Flees With Depositors’ Funds Feb 17, 2021 0 AN investment company in Igwuruta, Obio/Akpor Local Government Area of Rivers State has left its customers…
Breaking Nigeria: Declare State Of Emergency On Security, Senate Tells Buhari Feb 17, 2021 0 The Senate on Wednesday asked the President, Major General Muhammadu Buhari (retd), to declare a state of…
Africa Nigerian Marketers Raise Petrol Price To N170, Depots Suffer Shortage Feb 17, 2021 0 Fuel marketers have started adjusting their petrol pump prices amid the supply shortage facing private depots in…
Business Federal Government Of Nigeria Subsidises Electricity By N50Bn Monthly, Says… Feb 17, 2021 0 The Federal Government has been subsidising electricity supply across the country to the tune of over N50bn…
Business Nigeria May Demand For Increased Crude Production From OPEC+ In March Feb 17, 2021 0 Nigeria may demand increased daily crude oil production from OPEC+ in March when the restriction placed on the…
Business G10 FX Short-Term Valuation: Most Currencies Have Further To Run Vs USD Feb 17, 2021 0 Based on our short-term fair value model, EUR, JPY, NZD and AUD are all undervalued vs USD by more than 1%. Among…
Business Experts Caution Federal Government, Central Bank Of Nigeria As Inflation Hits… Feb 17, 2021 0 As Nigeria’s headline inflation jumps to 16.47 per cent from 15.75 per cent, economic experts have implored the…
Banking Africa Leads Global Mobile Money Growth With 46 Percent Feb 17, 2021 0 There are about one billion mobile money accounts globally, according to latest report by cybersecurity giants,…
World Wealthy, Efficient Dutch Play Catch-Up In Vaccine Roll-Out Feb 17, 2021 0 Despite its wealth and reputation for efficiency, the Netherlands trails in the European Union vaccination…
Business Nigeria’s Debt To Balloon Beyond N49trn On Conversion Of Central Bank Of Nigeria… Feb 17, 2021 0 Nigeria has set the terms for the conversion of its stock of central bank overdrafts into long-term notes. The…
Banking Analysis: Europe Braces For Pandemic Reality To Hit Banks Feb 17, 2021 0 Unpaid debt from pandemic-stricken borrowers has ravaged profits at Europe’s big banks and kick-started a debate…
Business Naira Steadies Across FX Market Segments As Bitcoin Sells Above N24.7m Feb 17, 2021 0 The Naira was relatively stable against other currencies across all the tracked segments at the foreign exchange…
Business Reps, Finance Ministry Spat Over N2.8B Payment To OPEC Feb 17, 2021 0 The House of Representatives and the Ministry of Finance yesterday disagreed over the procedure for paying N2.8…
Business Dollar Needs Retail Sales Comeback Feb 17, 2021 0 U.S. traders came back from their long weekend on Tuesday ready for a busy trading week. They drove stocks to fresh…
Business Citigroup Cannot Recoup Revlon Payouts After Nearly $900 Million Gaffe: U.S. Judge Feb 17, 2021 0 A federal judge on Tuesday said Citigroup Inc C.N is not entitled to recoup half a billion dollars of its own money…
World U.S. Shale Could Face Weeks Of Depressed Oil Production Due To Cold Feb 17, 2021 0 The U.S. deep freeze will wreak havoc on oil and gas production for several days if not weeks, according to…
Banking Bitcoin’s Record Price Unsustainable Without Lower Volatility: JPMorgan Feb 17, 2021 0 Bitcoin’s charge to a record north of $50,000 isn’t sustainable unless the cryptocurrency’s price swings cool down…
Business Rising U.S. Yields Takes Edge Off Stocks Rally Feb 17, 2021 0 Stock markets scratched out a new record peak in Asia on Wednesday, but their rally lost a bit of steam as a surge…
Local Why MTN Is Partnering African Union To Help Vaccinate 7m Health Workers Feb 17, 2021 0 Every year, the National Fire Protection Association puts out a report about injuries to firemen in the United…
Banking Dollar Hits Five-Month High Against Yen As Inflation Talk Boost U.S. Yields Feb 17, 2021 0 The dollar held the upper hand against low-yielding currencies on Wednesday, hitting a five-month high against the…
Business UK Inflation Rises To Three-Month High Of 0.7% Feb 17, 2021 0 British inflation rose a little more than expected in January as the country went back into a coronavirus lockdown,…
Banking Column: Central Bank Digi Cash Spooking Shadow Economy To Crypto Feb 17, 2021 0 If central bank digital cash is to rapidly replace banknotes, a shadow economy worth trillions of dollars may creep…
Investing Bitcoin makes history hits $50,000 for the first time Feb 16, 2021 0 The price of Bitcoin on Tuesday rose above $50,000 for the first time in history. The buzz around bitcoin grew…
Business How Roblox, A Video Game Platform For Kids, Became A $30 Billion Company Feb 16, 2021 0 More than half of the children in the United States play video games on Roblox. In fact, the massively popular…