Investing Foreign Investors Understand Our Economic Times Aug 4, 2020 0 A declaration by the Federal Government, which suggested the other day that the Nigerian economy is resilient…
World UK Told To Stop Sending Foreign Aid To Nigeria After Mass Killing Of Christians Aug 4, 2020 0 More than half of people (53 percent) want British aid to Nigeria made conditional on measures protecting…
Business Nigeria’s Oil Projects Threatened As IOCs Suffer $27.8bn Loss Aug 4, 2020 0 Several major oil and gas projects in Nigeria may suffer further delays as international oil companies operating in…
Africa Here’s The Nigerian Who Is Buying Shoprite’s Stake Aug 3, 2020 0 Shoprite, Africa’s largest food retailer, announced on Monday it is considering selling off its majority share in…
Technology Thai Minister Threatens Facebook With Legal Action Over Restriction Requests Aug 3, 2020 0 Thailand’s digital minister has threatened legal action against Facebook and accused the social media giant of not…
Business U.S. Auto Sales Pandemic Recovery Continues As Toyota Decline Slows Aug 3, 2020 0 U.S. new vehicle sales in July continued to show signs of recovery from the coronavirus pandemic, as Toyota Motor…
Local Govs Express Concern Over Nigeria’s Fragile Security, To Meet Buhari Aug 3, 2020 0 The thirty six state governors Monday expressed concern over the fragile security situation in Nigeria. The…
Africa Shoprite Lifted By Sales Jump And Potential Nigeria Exit Aug 3, 2020 0 Shoprite Holdings could become the latest South African retailer to retreat from other African markets after it…
Local Nigeria’s Gross External Reserves: An Historical Perspective Aug 3, 2020 0 The major objectives of external reserve management in Nigeria are ensuring the preservation of Capital, providing…
World Next Big COVID-19 Treatment May Be Manufactured Antibodies Aug 3, 2020 0 As the world awaits a COVID-19 vaccine, the next big advance in battling the pandemic could come from a class of…
World U.S. Manufacturing Activity Near 1-1/2-year High; Construction Spending Extends… Aug 3, 2020 0 U.S. manufacturing activity accelerated to its highest level in nearly 1-1/2 years in July as orders increased…
Business Checking Rising Incidence Of Unclaimed Dividend In Capital Market Aug 3, 2020 0 Dividends are the distributable earnings of a company, which are determined by its board of directors. However,…
Business $3.313bn Chinese Loans: Nigeria Pays $461m, Still Owes $3.12bn Aug 3, 2020 0 Despite paying the sum of $461.89million (about 13.4 per cent ) of the $3.313billion debt (Chinese loans) owed…
Local Nigeria: Eid-El Kabir: Errors Push PoS Failed Payments To 23% Aug 3, 2020 0 Many Nigerians experienced declined transactions on Point of Sales terminals all over the country as PoS…
Technology Dow Rises 200 Points, Nasdaq Climbs To Record Led By Apple And Microsoft Aug 3, 2020 0 Stocks rose on Monday, the first trading day of August, as Wall Street tried to build on its four-month winning…
Business Earnings, Microsoft Boost Wall St. As Investors Await Stimulus Aug 3, 2020 0 Wall Street’s main indexes rose on Monday as Microsoft’s pursuit of TikTok’s U.S. operations and a clutch of upbeat…
Banking Treasury Yields Bounce Slightly From Last Week’s Record-Setting Drop Aug 3, 2020 0 Treasury yields edged higher on Monday following last week’s decline that pushed some of the frond-end rates to…
Local Nigeria: With Non-Interest Guidelines, CBN Widens Participation Scope Of… Aug 3, 2020 0 For years now and especially since the 2008 global financial meltdown, central banks in many developing and…
Business Oil Steady As Virus Fears Counter Positive Factory Data Aug 3, 2020 0 Oil prices steadied on Monday, pressured by rising COVID-19 cases around the globe and by oversupply worries as…
Business Bitcoin Surpasses $12,000 Then Tumbles In Wild Weekend Action Aug 3, 2020 0 Bitcoin reminded investors of both its promise and peril in trading this weekend. The world’s largest…
Business Nigeria: BoI Increases Support For MSMEs To N53bn Aug 3, 2020 0 In demonstration of its commitment to the development of micro, small and medium scale enterprises (MSMEs) in the…
Business Nigeria: Govt Moves To Reduce Oil Production Cost To $10 Aug 3, 2020 0 The Federal Government is working towards attaining a $10 per barrel production cost sealing in the oil and gas…
Local Concerns Mount Over Loan Agreement Clause Waiving Nigeria’s Sovereignty Immunity Aug 3, 2020 0 Concerns mounted at the weekend over the rising trend of government officials signing loan agreements with a clause…
Africa Kenya Airways Resumes International Passenger Flights Aug 3, 2020 0 Kenya Airways has announced that it has resumed international passenger services following the easing of movement…
Business No Stolen Nigerian Crude Oil In China Aug 3, 2020 0 The Nigerian National Petroleum Corporation (NNPC) has clarified that it did not lose 48 million barrels…
Breaking Shoprite Begins Moves To Leave Nigeria Aug 3, 2020 0 South African superstores, Shoprite Holdings Limited, has stated it will auction its outlets in Nigeria, The Nation…
Business Forex Scarcity Takes Toll On Manufacturing Sector Aug 3, 2020 0 The liquidity crisis in the foreign exchange (forex) market is becoming increasingly unbearable as many businesses…
Banking Banks Implement New CBN Guidelines On Debt Recovery Aug 3, 2020 0 Deposit Money Banks on August 1 commenced the implementation of the Central Bank of Nigeria’s Global…
Business U.S. Consumer Spending Rises For Second Straight Month, Income Drops Further Aug 3, 2020 0 U.S. consumer spending increased for a second straight month in June. Consumer spending rose 5.6% last…
Business Oil Gains Nearly 1%, Posts Third Straight Month Of Gains Aug 3, 2020 0 Oil prices rose on Friday and finished the month higher, benefiting from news that U.S. oil output cuts in May…