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Business

Nigeria’s Foreign Assets At Risk As Enron Seeks to Enforce $22m Arbitration Award

Aug 19, 2020 0
Nigeria is making frantic efforts to stop Enron Nigeria Power Holding (ENPH) from enforcing a $22 million…
Business

Nigeria Naira Eases To 480 On Black Market On Plans To Reopen Airports

Aug 19, 2020 0
Nigeria’s naira fell 1.04% on Tuesday to a low of 480 on the black market after the government said it would reopen…
Business

Nigeria: Importers, Others Kick Against Surcharge On Cargoes

Aug 19, 2020 0
Nigerian importers have decried the huge surcharge imposed on them by international shipping firms for cargoes…
Banking

Sterling Unfazed By Higher Inflation, Still Driven By Dollar

Aug 19, 2020 0
Sterling remained driven by the weaker U.S. dollar on Wednesday in thin August trading, even though British…
Business

OPEC Meets To Review Compliance With Oil Cuts

Aug 19, 2020 0
OPEC oil producers and allies such as Russia, a grouping dubbed OPEC+, meets on Wednesday to review compliance with…
Business

Inflation In Canada Unexpectedly Falls Back to Near Zero

Aug 19, 2020 0
The consumer price index increased only 0.1% from the same month a year earlier, Statistics Canada reported…
World

EU To Impose Sanctions On Belarusian Officials For Election Fraud, Calls For A New…

Aug 19, 2020 0
The European Union announced plans to impose sanctions on Belarusian officials on Wednesday, with leaders of…
Business

Apple’s $2trn Value Higher Than GDP Of 48 African Countries — Including Nigeria,…

Aug 19, 2020 0
Apple has become the first American company to be valued at $2 trillion. The company crossed the $2 trillion…
Technology

Exclusive: GM Bets On Electric Cadillacs And Micro-Vans To Reverse China Slide

Aug 19, 2020 0
General Motors (GM.N) is overhauling its Chinese line-up with a greater emphasis on electric cars and smart-driving…
Local

Nigerian Embassy In Canada Shuts Down After ‘Attack’ On Staff

Aug 19, 2020 0
The Nigerian High Commission in Ottawa, Canada has announced an indefinite suspension of its activities. In a …
Business

Uber And Lyft Competitors Ready To Pounce If Service Is Suspended In California

Aug 19, 2020 0
Ride-hailing competitors to Uber and Lyft are already preparing to seize the moment if the industry leaders…
Business

Target Reports A Monster Quarter — Profits Jump 80%, Same-Store Sales Set Record

Aug 19, 2020 0
Target on Wednesday blew past every forecast on Wall Street for its fiscal second quarter as it attracted…
Technology

Apple Tops $2 Trillion In Market Value

Aug 19, 2020 0
Apple Inc (AAPL.O) became the first publicly listed U.S. company with a $2 trillion stock market value on…
Local

Nigeria: Unilag Is Bigger Than Anyone

Aug 19, 2020 0
The Ag. Vice-Chancellor, University of Lagos (UNILAG), Prof. Theophilus Omololu Soyombo got a rousing welcome from…
Technology

Elon Musk’s SpaceX Raises $1.9 Billion In Funding

Aug 19, 2020 0
Billionaire Elon Musk's SpaceX has raised $1.9 billion in new funding, according to a regulatory filing …
Business

No New U.S.-China Trade Talks Scheduled: White House Chief Of Staff

Aug 19, 2020 0
No new high-level trade talks have been scheduled between the United States and China but the two sides remain in…
Local

Nigeria: Corruption – ‘Magu Boys’ Caught On Tape Demanding N75m Bribe

Aug 19, 2020 0
A businessman has played a tape recording before the Justice Ayo Salami-led presidential probe panel on how some…
World

Fed Faces A ‘Major Challenge’ In Making Its New Inflation Strategy Official

Aug 19, 2020 0
The U.S. central bank will be faced with a delicate balancing act if it opts to embrace a more relaxed view on…
Business

Target CEO Credits Canceled Vacations, Not Stimulus Checks, For Blowout Quarter

Aug 19, 2020 0
Target CEO Brian Cornell said he’d like to see Congress strike a stimulus deal, but he credited closed movie…
Business

GM Says Over 40% Of New China Launches In Next Five Years Will Be EVs

Aug 19, 2020 0
General Motors Co (GM.N) is planning an electric car offensive in China with more than 40% of its new launches in…
World

Exclusive: FANCL Asia Owner Launches Sale That Could Fetch $1 Billion

Aug 19, 2020 0
U.S. Postmaster General Louis DeJoy is set to announce later on Tuesday that he will suspend all operational…
Local

COVID-19: States Demand Release Of N67.2bn Grant

Aug 19, 2020 0
Following the continued dwindling of their economic fortunes as a result of COVID-19 pandemic, states have urged…
Business

Jeff Bezos Ends Day With An All-Time High Net Worth Of $197.8 Billion

Aug 19, 2020 0
Jeff Bezos, founder and CEO of Amazon, ended Tuesday with a record net worth of $197.8 billion, the highest fortune…
Technology

Why Oracle’s Bid For TikTok Might Not Be As Crazy As It Sounds

Aug 18, 2020 0
Oracle’s bid to acquire TikTok’s U.S. business might not be as bizarre as it initially sounds, analysts told CNBC…
Business

Currency Markets Warn of Turbulence Ahead

Aug 18, 2020 0
The U.S. dollar is driving a wedge between volatility expectations for global currencies and U.S. stocks. The…
Banking

Nigeria: Foreign Reserves Fall By $544.94m In Six Weeks

Aug 18, 2020 0
The country’s foreign reserves fell by $544.94m from $36.17bn on July 1 to $35.62bn on August 13, the latest…
Local

Nigeria: Over 60 Nigerians Return From Lebanon As Migrant Worker Conditions Worsen

Aug 18, 2020 0
On Sunday (16 August), 68 Nigerian women stranded in Lebanon returned home safely on a charter flight organized by…
Business

A Dow Buy Signal Says Warren Buffett’s Gold Stake Came Too Late For The Precious…

Aug 18, 2020 0
Gold had its best day since April on Monday, but market history says it may be time to bet against the precious…
Technology

Trump Makes Another Attempt To Blame Amazon For Post Office Problems

Aug 18, 2020 0
President Donald Trump on Monday repeated his belief that Amazon is to blame for the U.S. Postal Service’s demise.…
Business

Walmart Posts Biggest Growth In Online Sales

Aug 18, 2020 0
Walmart Inc (WMT.N) posted its biggest-ever growth in online sales on Tuesday as shoppers placed orders for…
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NIGERIA

Business

Tier-One Nigerian Banks’ Assets Hit N161.4 Trillion Amid Strong Earnings Growth (FUGAZ Banks 2025 Report)

May 13, 2026
Business

FGN Bond Auction May 2026: DMO Announces N600 Billion Issuance to Finance Government Spending

May 13, 2026
Local

Nigeria Inflation to Hit 16% in April as Fuel Price Surge Drives Cost Pressures – FDC

May 13, 2026
Business

Nigeria’s Oil Production Climbs to 1.66mbpd in April as Output Nears OPEC Quota

May 13, 2026
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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

Oct 2, 2024
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