Ex-Wells Fargo CEO John Stumpf Misled Investors In Fake Accounts Scandal, SEC Says
Ex-Wells Fargo CEO John Stumpf and former deputy Carrie Tolstedt were charged by the Securities…
Category: Business
GM Recalling Chevrolet Bolt EVs Due To Fire Risks Amid Federal Probe
General Motors is recalling tens of thousands of all-electric Chevrolet Bolt EVs due to risk…
McDonald’s And Franchisees Will Conduct Coronavirus Safety Checks To Guard Against Pandemic Fatigue
McDonald’s will conduct coronavirus safety reviews of its restaurants in the next six weeks as…
California, Oregon And Washington Issue Covid Travel Advisory Urging 14-day Quarantine
The governors of California, Oregon and Washington issued a joint coronavirus travel advisory on Friday…
Nigeria To Tap $750 Mln World Bank Loan For Local Regions
Nigeria is in the process of accessing a $750 million World Bank loan to enable…
Goldman Sachs Says A Divided U.S. Government Could Boost Asian Currencies
India, Southeast Asia economies will ‘benefit more’ from Covid-19 vaccine: Goldman Sachs SINGAPORE — The…
Nigeria’s Strength Lies In Export Of Services, Says Awolowoź
The Managing Director and Chief Executive Officer, Nigeria Export Promotion Council, Segun Awolowo, says Nigeria…
Nigeria Case Against JP Morgan Over OPL 245 Oil Deal To Go To Trial
A lawsuit launched by the Nigerian government against U.S. bank JP Morgan Chase, claiming over…
Maritime Can Earn 30 Times More Revenue Than Oil’
The Maritime sector has been identified as a potent force that has the potenial to…
‘Nigeria Could Face $20b Loss In Export Revenue’
Nigeria and four other oil producers on the continent could each be facing $20billion or…
Naira Woes Continues, Crashes To N468/$1 At Black Market
Things are beginning to get worse for the Nigerian Naira at the parallel as it…
Why Nigeria’s Economy Slowed Down – VP Osinbajo
Vice President Yemi Osinbajo has said lack of functional infrastructure had slowed down the country’s…
Forex Reserves Decline To $35.63bn, Lowest In Two Months
The nation’s foreign exchange reserves have fallen to the lowest level in more than two…
Oil Falls On COVID-19 Surge But On Track For Weekly Gain
Oil prices fell on Friday, pressured by fears about a slow recovery in the global…
FG Set To Reopen Kano, Port Harcourt Airports
The Federal Government is set to reopen the Kano and Port Harcourt International Airports three…
NDIC To Insure Non-Bank Deposits Taking Institutions
The Nigeria Deposit Insurance Corporation has said that it is trying to identify and provide…
CBN’s FX Intervention Rises By 25% To $1.9bn In One Month
The Central Bank of Nigeria (CBN) intervention across Foreign Exchange (FX) market segments increased in…
Stocks Gaining Over N1trn In One Day Triggers NSE Circuit Breaker
Nigerian Stock Exchange (NSE) market-wide circuit breaker kicked on Thursday, November 12, 2020, at 12:55pm,…
Canadian Dollar Hits 1-Week Low As Equity Markets Slide
The Canadian dollar fell for the third straight day against the greenback on Thursday, as…
Buhari Urges Investors To Take Advantage Of Nigeria’s Resources For Investment
President Muhammadu Buhari Thursday in Abuja urged international community and investors to take advantage of…
Investment Opportunities In Nigeria – How & Where To Invest Money
Most people don’t employ savings & investing principles to their life. One has to save…
Dollar Flat, Euro Bumps Higher As Sentiment See-Saws
The dollar held steady on Thursday as investors were cautious over expectations about a COVID-19…
FG Adopts Alternative Dispute Resolution To Attract Investments
The Federal Government is promoting the adoption of Alternative Dispute Resolution (ADR) and creating the…
High Cost Of Logistics, Bane Of Exporters – Awolowo
The Executive Director/Chief Executive Officer of the Nigerian Export Promotion Council (NEPC), Mr Olusegun Awolowo…
Court Urged To Unfreeze Accounts Of Allege #EndSARS Promoters
A Federal High Court in Abuja has been urged to lift the order it made…
Nigerian Stocks Surge Most Since 2015, Trigger Circuit Breaker
Nigerian stocks surged the most in more than five years on Thursday and triggered a…
Dollar Dips, Euro Bumps Higher As Sentiment See-Saws
The dollar dipped on Thursday as investors appeared to waver between optimism and caution over…
Nigeria’s Double Bind
Chronic instability has been the curse of Nigeria’s economy. Despite its huge oil and gas…
FACTBOX-Legal Cases Sparked By Nigerian OPL 245 Oilfield Licence
One of the oil industry’s biggest court cases over alleged corruption in Nigeria involves an…
Nigeria Expects More Benin Bronze Returns As Soon As Next Year
Nigeria expects to get more of its plundered Benin Bronzes back from Western museums and…