Telcos Collect 56.18 Million NINs, FG Fixes April 6 Deadline
A total of 56.18 million National Identity Numbers have been collected by the mobile network…
Category: Business
Uber Is Betting $1.1 Billion On Alcohol Deliveries
Uber’s future used to be self-driving cars. Now it’s delivering alcohol. On Tuesday, the company announced that…
Nigeria: FG Seeks Support Of AU, Others To Create African Single Digital Market
The Federal Government has urged the African Union Commission and all its international partners to…
Oil Market: Prices Surge Over $57.49 Per Barrel As OPEC, Non-OPEC Commit To Output Cut
AS members of the Organisation of Petroleum Exporting Countries, OPEC, and non-members commit to oil…
Europe Stock Futures Track Asia, U.S. Losses On Retail Trading Frenzy Jitters
European stock index futures fell more than 1% on Friday, tracking declines in Asian and…
Ferrovial Launches New Attempt To Offload UK Outsourcer Amey
The process will put into play a business which has held government contracts ranging from…
Nigeria: FG Puts up Recovered Assets for Sale, Invites Bids
The federal government is gearing up for the sale of recovered assets, including vehicles, boats,…
NESG Projects 2.9% Economic Growth In 2021
The Nigerian Economic Summit Group (NESG) has projected that the Nigerian economy would grow by…
Oil Settles Near $55 A Barrel, Highest Level In Over A Year
Oil climbed to the highest level in over a year as tightening global supplies and…
Nigeria: FG, Labour To Consider Electricity Tariff, Fuel Price Reports Feb 22
The Federal Government and the organised labour will reconvene on February 22 for the consideration…
Amazon Gets Court To Block $3.3 Billion Retail Deal Involving India’s Richest Man
Amazon has been handed a major legal victory in its fight to block a multibillion-dollar deal between…
Jeff Bezos Is Stepping Down As Amazon CEO
Amazon founder Jeff Bezos will step down from his role as chief executive later this…
A Good Start For The Nigerian Stock Market
Goddy Egene writes that the 5.3 per cent gain recorded by the equities market in…
Canadian Dollar Leads G10 Peers As U.S. Stimulus Hopes Rise
The Canadian dollar strengthened against its U.S. counterpart and all the other G10 currencies on…
Portugal’s Economy Fell 7.6% In 2020, Biggest Drop Since 1936
LISBON, Feb 2 (Reuters) – Portugal’s economy shrank 7.6% last year, its biggest annual slump…
Euro Zone Fourth-Quarter GDP Falls Less Than Expected, Another Fall Seen In First Quarter
The European Union’s statistics office Eurostat said that according to its preliminary flash estimate, gross…
Young, Confident, Digitally Connected – Meet America’s New Day Traders
James Villalobos, a communications consultant for an insurance company in New York, downloaded the Robinhood…
Nigeria’s Low-Interest Rate Creates Opportunities For These Businesses
Among the challenges in Nigeria’s troubled economy lie some opportunities. Access to cheap capital amid…
Nigeria Has $900Bn Dead Capital In Real Estate, Agric-PWC
Nigeria holds as much as $900 billion worth of dead capital locked up in residential…
Banks’ Non-Performing Loans Rise To N1.5Tn
The non-performing loans in the banking sector rose by N333bn as of the end of…
CBN Cancels Commodity Exchange Privatisation, Invests N50 Billion
In the next 90 days, the Nigerian Commodity Exchange (NCX) will be repositioned to boost…
Foreign Reserves May Dip Below $30Bn –Analysts
As the Central Bank of Nigeria(CBN) puts the current level of the nation’s external reserves…
UBN, Transcorp Top Trades On NSE As Index Drops 0.13%
Union Bank of Nigeria (UBN) Plc, Transcorp and UBA Plc were the most active stocks…
Investors Gain N1.13 Trillion In January, As Equities Record Early Boom
Despite the prevailing economic downturn and the devastating effect of the COVD-19 crisis, the Nigerian…
Wall Street Ends Up Sharply, Led By Gains In Tech Shares
U.S. stocks ended sharply higher on Monday, led by gains in technology shares after last…
Republicans Push For $1,000 Stimulus Checks. Here’s Who Would Qualify For The Money
The next Covid stimulus checks could be smaller than $1,400 and reach fewer people if a new…
Marvel TV Show Set In Wakanda Coming To Disney+ As Part Of 5-Year Deal With ‘Black Panther’ Director Ryan Coogler
Disney is adding another TV show to its already stacked slate of Marvel content in development…
U.S. Factory Activity Cools Amid COVID-19 Flare-Up
U.S. manufacturing activity slowed slightly in January, while a measure of prices paid by factories…
Finance Act (2020): Fallacies In FIRS’ New Powers Over SMEs
IT is no longer news that the Finance Act (2020), which was signed into law…