U.S. House Committee Approves Another $14 Billion For Pandemic-Hit Airlines
A U.S. House committee on Thursday approved a proposal to give airlines another $14 billion…
Category: Business
White House Launches Clean Energy Effort, $100 Million In Technology Funding
The Biden administration on Thursday announced the U.S. Department of Energy will offer $100 million…
Asian Stocks On Hold For Lunar New Year, Bitcoin Eyes Record Highs
Asian shares hovered just below a record high on Friday as mixed U.S. economic data…
Britain’s coronavirus-ravaged economy shrank 9.9% in 2020, the biggest annual fall in output since modern records began, but it avoided heading back towards recession at the end of last year, official figures showed on Friday
Britain’s gross domestic product (GDP) grew 1.0% between October and December, the Office for National…
Oil’s Losses Deepen As OPEC, IEA Caution Ends Rally
Oil prices fell a second day on Friday, extending losses after OPEC cut its demand…
Chief Financial Officer Hesitate To Invest In, Handle Bitcoin Due To Volatility
Chief financial officers are watching closely after Tesla Inc. this week disclosed a $1.5 billion…
High Year-End Spending Drove Inflation Upward
Report Summary The Macroeconomy The IMF forecasted a sluggish growth for the Nigerian economy in…
We’re Ready To Resume Petrol Importation, Say Marketers
Oil marketers have said they are ready to resume importation of Premium Motor Spirit (petrol)…
Africa’s Miners And Winemakers Toast China’s Row With Australia
Bottles of its reds, whites and roses piled up when South Africa banned alcohol sales…
Ad Software Company Viant Valued at $2.5 Billion In Nasdaq Debut
Shares of Viant Technology Inc jumped 76% in their market debut on Wednesday, giving the…
Africa Business Leaders Optimistic Of Swift Economic Recovery In 2021
Business leaders in Africa have expressed the hope that economic prosperity and increase in trading…
Securities Dealers Need Intervention Fund, Chartered Institute Of Stockbrokers tells Central Bank Of Nigeria
The Chartered Institute of Stockbrokers has urged the Central Bank of Nigeria to create an…
Nigeria Securities And Exchange Commission Unveils New Guidelines For Collective Investment Scheme
As NSE lists Briclinks Africa N10m shares on Growth Board The Securities and Exchange Commission…
Addressing Vulnerabilities In Port System
At such a time of dwindling oil fortunes and resultant effect on the economy, the…
Nigeria, Others Comply With OPEC Quota In January
Nigeria and other OPEC+ in the month of January comply fully with the cartel production…
Nigeria Targets 40% Debt To GDP Ratio By 2023
Nigeria is targeting a debt to GDP ratio of 40 percent by 2023 from the…
First Bank Offers N1M Loan As Firstmonie Agents Cross 86,000
Over 86,300 Firstmonie agents, spread across 772 local government areas in Nigeria can access up…
Analysts Foresee Marginal Uptick In Capital Importation In 2021
Investment and financial analysts at Cordros Securities Research has projected marginal uptick in capital importation…
Central Bank Of Nigeria – Freezing Of Accounts Constitute ‘Gross Infringement’ Of Fundamental Right
Femi Falana has warned the Central Bank of Nigeria, CBN, to stop freezing accounts of…
TikTok Sale To Walmart, Oracle Put On Ice By Biden Team: Report
TikTok’s forced sale to Walmart Inc. and Oracle Corp. has been shelved indefinitely as the…
US Sells A Million Barrels Of Iranian Oil Seized Under Sanctions
The United States has sold more than a million barrels of Iranian fuel seized under…
Central Bank Of Nigeria: Federal Government’s Fiscal Deficit Rose To N620Bn In November 2020
The federal government’s estimated fiscal deficit expanded to N620.49 billion in November 2020, compared with…
China-Backed Trade Deal Seen Helping Investors, Not Workers
A China-backed trade and investment deal representing about a third of the global economy is…
Just Six Feet Wide, ‘London’s Skinniest House’ Is For Sale For $1.3 Million
A house billed as “possibly the skinniest house in London” is up for sale for…
Global Equity Funds Secure Biggest Inflows In Two Years In Week Ended February 10
Global equity funds led inflows in the week to Feb. 10, bolstered by upbeat corporate…
Foreign Exchange Inflow Drops To $5.7bn In One Month
Nigeria recorded $5.7bn foreign exchange inflow into the country in November 2020. This was a…
With Oil Past Peak, Shell Vows To Eliminate Carbon By 2050
Energy giant Royal Dutch Shell vowed to eliminate net carbon emissions by 2050, accelerating previous…
Philippine Cbank keeps key Rate At Record Low, As Expected
The Philippine central bank left key interest rates steady on Thursday, as expected, saying current…
Nigeria Digital Identity Project On Course Despite Challenges’
As Nigeria steps up the goal of identifying every citizen within its shores, the Director-General…
Euro Zone Bond Yields Dip, Italy Turns Focus To Supply
Euro zone core bond yields inched lower in early Thursday trade as global markets focused…