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FG Generates N512 Billion VAT In Second Quarter Of 2021
The National Bureau of Statistics (NBS) says the federal government generated N512.25 billion as Value Added Tax…
Exclusive-Fed’s Barkin: U.S. “Closing In” On Taper, But Could…
It may take a few months more for the U.S. job market to recover enough that the Federal Reserve can reduce its…
Wall St Set To Rise As Inflation Growth Slows
Wall Street’s main indexes were set to open slightly higher on Wednesday after data showed that growth in inflation…
Analysis: Peak OPEC? Climate-Focused Production Shift To Pile Pressure On Pact
Moves to mitigate climate change are drawing peak oil demand closer, current and former OPEC officials told…
Analysis-Investors Look Under The Radar For Winners From U.S. Infrastructure Bill
Investors are ramping up the search for stocks that could benefit from a potential splurge in infrastructure…
Dutch Bank ABN Amro’s Q2 Net Profit Beats As Economy Recovers
Dutch bank ABN Amro reported on Wednesday a better-than-expected net profit of 393 million euros ($460.48…
Fed’s Evans: Wants “Few More” Job Reports Before Bond Taper
The current inflation spike shouldn't push the Federal Reserve to tighten monetary policy prematurely, with more…
FG Targeting 50 Billion-Barrel Oil Reserves – DPR
The target of the Federal Government is to increase Nigeria’s oil reserves from 36.91 billion barrels to 50 billion…
Why Forex Supply To BDCs Cannot Be Sustained Now
Some of the main aims for the sales of forex to operators of licenced Bureau de Change outlets was to ease pressure…
Nigeria Experienced Increase In Export Of Manufactured Goods, Employment And…
The Stanbic IBTC Bank Nigeria's Purchasing Manager Index (PMI) report has stated that the export of Nigerian…
Travellers Told To Expect Delays At Pearson As Border Reopens To Fully Vaccinated…
Travellers are being told to expect delays at Toronto's Pearson International Airport as Canada reopens…
Exclusive: Exxon Launches U.S. Shale Gas Sale To Kick-Start Stalled Divestitures
Exxon Mobil Corp (XOM.N) has begun marketing U.S. shale gas properties as it ramps up a long-stalled program that…
Nigeria To Exit Recession At Slow Growth Of 2.3% –GlobalData
Leading data and Analytics Company GlobalData, has predicted that Nigeria, Africa’s largest economy by GDP, will…
Central Bank Of Nigeria: Digital Currency Would Be Critical National…
The Central Bank of Nigeria (CBN) has said its proposed digital currency, known as e-Naira, will be treated as a…
Shakeup In NNPC, Senior Management Staff Redeployed, COO Sacked
The Nigerian National Petroleum Corporation on Monday announced the promotion and redeployment of some staff to…
Bitcoin’s Rebound To 3-Month High Has Bulls Eyeing $50,000 Again
Bitcoin surged Monday to a nearly three-month high as policy makers hashed out last-minute compromises over how to…
U.S. Senate To Vote On Passage Of $1 Trillion Infrastructure Bill
The U.S. Senate has set a Tuesday vote on passage of a $1 trillion bipartisan infrastructure bill that is one of…
British Asset Manager Abrdn Reports Surge In Profits
Asset manager abrdn's (ABDN.L) earnings jumped over 77% in the first half of 2021, its first set of results since…
Japan’s SoftBank Reports 39% Fall In Q1 Net Profit
Japan's SoftBank Group Corp (9984.T) on Tuesday reported a 39% fall in first-quarter net profit, even as Vision…
Dollar Buoyed As Healthy U.S. Jobs Fuel Fed Taper Talk
The dollar was buoyant on Tuesday, pushing the euro to a four-month low, as a run of strong U.S. job figures…
Oil Recovers After Hitting Three-Week Low Amid Surging COVID-19 Cases
Oil prices rose on Tuesday, edging up from a three-week low in the previous session, but gains are likely to be…
Asian Stocks On Backfoot As Concern Over Delta Variant Saps Confidence
Asian stocks started off on a weak footing on Tuesday after a largely soft performance on Wall Street and as…
Fed Officials Say Tapering Is Near, Advancing Discussion On Rate Hike
Two Federal Reserve officials said on Monday that the U.S. economy is growing rapidly and that while the labor…
Sterling Slips As Currency Markets Weigh Up Tapering Timelines
The pound slipped slightly in early trading on Monday, but was still close to its strongest versus the euro since…
Debt Servicing Consuming Nigeria’s Revenues, Says LCCI
The Lagos Chamber of Commerce and Industry has advised the Federal and State Governments to liberalise…
Customs To MDAs: Only Items Imported By President Are Exempted From Taxes
Timi Bomodi, NCS deputy national public relations officer, said this in a statement on Friday.
Bomodi said this…
Bitcoin Hits 3-Month High Above $45,000
Bitcoin gathered steam on Monday afternoon in London, heading above the $45,000 mark for the first time since…
Nigeria Still Imports Dirty Fuel Four Years After Ban
Nigeria is still importing petroleum products with high sulphur content as the ban imposed on the importation of…
CBN Charges Bank Customers On Their Rights, Privileges
The Central Bank of Nigeria (CBN) has charged customers of commercial banks to know their rights and…
NEPZA, Delta Move To Revive Koko Port FTZ
The Nigeria Export Processing Zones Authority on Sunday disclosed that discussions were ongoing with the Delta…