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Cryptocurrencies, Virtual Assets Pose Serious Risks For Nigeria – ICPC Boss
The Chairman of the Independent Corrupt Practices and Other Related Offences Commission (ICPC), Bolaji Owasanoye,…
Exclusive: Top Banks Asked To Justify Why They Still Clear Euro Swaps In London
Europe’s top banks must justify why they should not have to shift clearing of euro-denominated derivatives worth…
Bitcoin Battles For Support At $50,000
Bitcoin dropped below $50,000 on Tuesday, as investors began to get a little nervous about the digital currency’s…
Britain’s G4S Recommends $5.4 Billion Allied Universal Bid, Ending Takeover…
Private security firm G4S on Tuesday recommended shareholders vote for Allied Universal’s final offer valuing the…
Exclusive: South African Upstart Bank Teams Up With JG Summit To Expand Into…
South African digital bank Tyme has raised $110 million in private capital and linked up with JG Summit, one of the…
Investors Kick Against Concession Of Lagos Trade Fair Complex
An umbrella body for the 61 investors that secured different development lease agreements from the Federal…
Private Investors Fault Central Bank Of Nigeria’s N50Bn Injection Into Commodity…
Private investors in commodity exchanges have faulted the plan by the Central Bank of Nigeria (CBN) to inject N50…
Saudi Defence Firm SAMI Targets $5 Billion Annual Revenue By 2030
State-owned Saudi Arabian Military Industries (SAMI) aims to generate annual revenue of $5 billion by 2030, its…
India To Clear 45 Investments From China, Likely To Include Great Wall, SAIC
India is set to clear 45 investment proposals from China, which are likely to include those from Great Wall Motor…
Shares Turn Cautious As Bond Yields, Commodities Surge
Asian shares turned mixed on Monday as expectations for faster economic growth and inflation globally battered…
Rio Tinto Executives Say Goodbye To 2020 With Chunky Payouts
Three Rio Tinto executives forced to leave the company after the destruction of sacred rock shelters at Juukan…
OPEC, U.S. Oil Firms Expect Subdued Shale Rebound Even As Crude Prices Rise
OPEC and U.S. oil companies see a limited rebound in shale oil supply this year as top U.S. producers freeze output…
Tesla Has Made About $1 Billion In Profit On Its Bitcoin Investment, Analyst…
Tesla has made roughly $1 billion in paper profits from its investment into bitcoin, according to Daniel Ives,…
Bitcoin, Either Hit Fresh Highs
Bitcoin hit a fresh high on Saturday, extending a two-month rally that took its market capitalization above $1…
What’s Behind SpaceX’s $74 Billion Valuation: Elon Musk’s Two ‘Manhattan Projects’
Elon Musk’s SpaceX is now worth $74 billion after it raised more capital last week – and the strong demand for…
Saudi Arabia To Invest More Than $20 Billion In Its Military Industry Over Next…
Saudi Arabia will invest more than $20 billion in its domestic military industry over the next decade as part of…
Coca-Cola Zero Sugar Will Be The Company’s Biggest Source Of Growth In 2021, CEO…
The biggest source of growth for Coca-Cola over the next few years will likely be the zero-sugar version of the…
Brazil’s Bolsonaro To Oust Petrobras CEO After Fuel Pricing Spat
Brazilian President Jair Bolsonaro moved to replace the head of state-run oil company Petrobras, naming a retired…
Bitcoin, Ether Hit Fresh Highs
Bitcoin hit a fresh high in Asian trading on Saturday, extending a two-month rally that saw its market…
Bitcoin Steams To New Record And Nears $1 Trillion Market Cap
Bitcoin hit yet another record high on Friday, and moved within sight of a market capitalisation of $1 trillion,…
European Shares Rise On Upbeat Hermes Earnings; Renault Slides
European shares edged higher on Friday as an upbeat earnings report from Hermes boosted confidence in a broader…
Barclays Resumes Dividend Payouts As Annual Profit Halves
Barclays has resumed shareholder payouts after a year-long hiatus due to the COVID-19 pandemic, setting…
Walmart Investors Eye Push Into Advertising, Healthcare Following Pandemic Boom
Walmart Inc’s investors and analysts are likely to look past the retail giant’s slowest same-store sales growth…
Dollar Hits Five-Month High Against Yen As Inflation Talk Boost U.S. Yields
The dollar held the upper hand against low-yielding currencies on Wednesday, hitting a five-month high against the…
Bitcoin makes history hits $50,000 for the first time
The price of Bitcoin on Tuesday rose above $50,000 for the first time in history.
The buzz around bitcoin grew…
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 acquisition of supermarket chain…
He Says Fidelity Wouldn’t Let Him Sell During Reddit Mayhem, Costing Him…
Robinhood is in hot water for banning investors from buying GameStop during part of last month's Reddit-driven…
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 merger with a blank-check firm…
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’…
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 tantrum of 2013,…