UK Watchdog To Rule On $9.5 Billion Asda Takeover By April 20
The UK competition regulator has set an April 20 deadline for a decision on the…
Category: Business
Why Petrol Price May Continue To Increase – Retailers
The Petroleum Product Retail Outlet Owners Association of Nigeria (PETROAN) has insisted that the price…
Baby Monitor Maker Owlet Hatches $1.4 Billion Blank-Check Deal To Go Public
Owlet Baby Care Inc, a maker of baby monitoring devices, will go public through a…
Goldman Sachs To Launch Digital Investment Platform In Marcus Push
Goldman Sachs Group Inc is launching a digital wealth-management platform that allocates and rebalances customers’…
UK Watchdog Voices Concern Over $9.2 Billion Ebay-Adevinta Deal
Britain’s competition watchdog on Tuesday raised concerns over Adevinta’s planned acquisition of U.S. e-commerce group…
Going All-In? Investors’ Cash Levels Dip To 2013 Pre-Taper-Tantrum Levels
Cash levels in investment portfolios have hit the lowest since just before the so-called taper…
U.S. Oil Prices Climb On Texas Cold Snap, Brent Stable
Oil prices hovered near 13-month highs on Tuesday on the back of a cold snap…
Toyota To Suspend Output From Nine Factories In Japan Due To Quake
Toyota Motor Corp said on Tuesday it will temporarily suspend vehicle production on 14 lines…
German Investor Morale Surges On Shopping Spree Expectations
Investor morale in Germany rose beyond even the most optimistic forecast in February on expectations…
Bristol-Myers, Sanofi ordered to pay Hawaii $834 Million Over Plavix Warning Label
A judge in Hawaii on Monday ordered Bristol-Myers Squibb Co and Sanofi SA to pay…
33 Million Nigerians On YouTube, WhatsApp, Others
Thirty-three million Nigerians are active on social media, with the most used social media platforms…
Low Investment In Oil, Gas May Pose Future Challenge
The outbreak of COVID-19 pandemic set the oil and gas industry on a tail spin.…
Victorious Okonjo-Iweala Pledges To Rebrand, Reform WTO As DG
Deji Elumoye, Chuks Okocha, James Emejo, Udora Orizu in Abuja, Obinna Chima and Dike Onwuamaeze…
Stock Market Reopens Upbeat As Index Rises By 0.33 Percent
Following price gains recorded by most bluechip stocks, transactions on the Nigerian Stock Exchange (NSE)…
FX Rigging May Have Spread To 200 Chat Rooms, Lawyer Says
Traders may have used as many as 200 online chat rooms to rig foreign exchange…
Amazon Says To Make TV Streaming Device In India
Amazon.com Inc will start making its TV streaming device in India this year via a…
BOJ’s Kuroda Says No Plan To ‘Permanently Reduce’ ETF Buying, Shrugs Off Fears Of Asset Bubble
Japan’s central bank has no plans to “permanently reduce” its purchases of exchange-traded funds (ETF),…
Brent Oil Holds Above $63 With Cold Snap Disrupting U.S. Supply
Brent oil held gains in Asia after closing at the highest level in more than…
Shell Files Int’l Arbitration Against Nigeria Over Oil Spill Case
Royal Dutch Shell has initiated international arbitration against Nigeria over a dispute regarding an oil…
Central Bank Of Nigeria Sets 15 Months For N21.3b National Theatre Remodelling
The N21.3 billion National Arts Theatre remodelling will be completed in the next 15 months,…
Naira Gains Slightly, Exchanges For 473/$
The naira on Monday exchanged at 473/$ at the parallel market, after trading at 477…
Euro Zone Eyes March-May Decisions On Post-COVID Econ Support Tapering
The euro zone is likely to decide between March and May when and how governments…
U.S. Oil Wells, Refineries Shut As Winter Storm Hits Energy Sector
A deep freeze across the United States is taking a toll on the energy industry…
Bank Of America Names The Emerging Market Currencies To Back As Inflation Risks Mount
With global demand returning and supply bottlenecks likely to drive up shipping, food and energy…
Dollar In Doldrums As Recovery Optimism Thrives
The U.S. dollar was pinned down on Tuesday, as vaccine optimism boosted the British pound…
How Low-Income Nigerians Get Lifeline From Trading Crypto Currencies
As issues continue to surround the recent order by the Central Bank of Nigeria to…
Investing In Nigeria: Top Picks For 2021
Following 2020, a year the world faced an existential crisis with many households and businesses…
BUA Cement Grow Gross 2020 Full Year Profit To N95Bn
BUA Cement, Nigeria’s second largest cement company, has announced full year revenue of N209 billion…
Shareholders Sue Federal Government Of Nigeria Over Plans To Borrow Unclaimed Dividends
Determined to stop the federal government from taking over their unclaimed dividends, some shareholders of…
Investors Lose N660Bn As Stock Market Ends Lower
Investors lost N660bn last week as the nation’s stock market closed lower at the end…