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Federal Government Of Nigeria Targets $150 Billion Foreign Reserve From Non-Oil…
The Federal Government says its target is to add at least $150 billion to the nation’s foreign reserves…
Australian Shares Snapped Three Straight Sessions Of Losses
Australian shares snapped three straight sessions of losses on Thursday, helped by tech stocks and a near 5% jump…
Despite Forex Scarcity Fuel Imports Consumed $690 Million In Eight Month
As Nigeria’s refineries continue to sit idle, fuel imports remain a major user of foreign exchange as $690.19m…
Subsidizing Fossil Fuels Encourage Overuse Of Fuels: President Of World Bank Group
The President of the World Bank Group, David Malpass, has called against fossil fuel subsidies, adding that…
U.S. Beats China To Become Top Destination For Bitcoin Miners
The U.S. is now the number one destination for bitcoin miners, eclipsing China for the first time ever. While it…
Nigerian Stock Exchange: Equity Market Gain N95.34 Billion
The equities market of the Nigerian Exchange Limited upturned the previous day’s loss with a N95.34bn gain on…
IHS To Become Largest African Company On Wall Street
An African operator of mobile phone masts, IHS Towers might become the largest Africa-focused company on Wall…
World Bank – Low Income Countries’ Debt Rose To $860bn In 2020
The World Bank on Monday said governments around the world responded to the COVID-19 pandemic with massive fiscal,…
CSOs Ask FG To ‘Urgently’ Investigate Nigerians Named In Pandora Papers
Civil society organisations (CSOs) have called on the federal government to begin investigation into persons and…
Nigeria’s Banking System Safe, Sound, NDIC Assures Despite Challenges
The National Deposit Insurance Corporation (NDIC) has declared that despite the devastating effects of the COVID-19…
Naira Stable, Trades N570/$1 At Parallel Market Weeks After CBN/AbokiFX Row
Nigerian naira on Monday opened the week’s trading at N570 per dollar at the market – as vice president Yemi…
Reasons FG Can’t Stop Fuel Subsidy Now – NNPC, Marketers, Experts
The Nigerian National Petroleum Corporation, oil marketers, and experts on Sunday explained why the Federal…
Stockbrokers To Chart Long-Term Financing Plan For Nigeria
Stockbrokers have concluded arrangements to support the government’s growth agenda by fashioning out a sustainable…
Nationwide Strike Suspended by NNPC
Nigerian petroleum tanker drivers have suspended a nationwide strike that was due to start on Monday to give…
International Monetary Fund Board Decision Hangs Over Georgieva As Annual Meetings…
Data-rigging allegations against International Monetary Fund Managing Director Kristalina Georgieva were set to…
European Market Experienced Change After A Wavy Week
The pan-European Stoxx 600 hovered around the flatline in early trade, with travel and leisure stocks shedding 1.1%…
China’s Electric Car Startup Nio And Xpeng Reached 100,000 Production Within Six…
China’s electric car companies are racing to ramp up production, faster than Tesla did in its early days.…
Asia Shares Edged Higher, Rising Yields Lift Dollar As Oil Surges
Asian shares edged higher on Monday courtesy of gains in China which also helped U.S. stock futures pare early…
Nigeria Comes Sixth In Countries With Highest Exposure To Funds And Support From…
Nigeria has been rated sixth among the top 10 countries with the highest exposure to funds and support from the…
Crude Oil Benchmark “Brent” Rise To $82.39 Per Barrel
Crude oil prices settled higher on the back of tightened supply balances and a weak United States employment report…
Nigeria Equity Market Investors Gain N340.29 Billion
Investors in the Nigerian equities market earned N340.29bn as trading ended on the floor of the Nigerian Exchange…
Meituan Get $534.3 Million Fine From China’s State Administration for Market…
Meituan shares surged over 9% on Monday, leading China technology stocks higher, after the food delivery giant was…
MTN Nigeria: Service Meltdown Just As It Gets Approval To Issue Debt
The Punch gathered that customers were unable to use the mobile network operator’s call, data and SMS services.…
MTN Nigeria Get SEC Approval To Launch Its series II Bond
The Securities and Exchange Commission (SEC) has granted MTN Nigeria Communications approval to launch its series…
Federal Government Of Nigeria Allocated N5.93 Trillion To Critical Sectors
The Federal Government has allocated the sum of N5.93tn to critical sectors of the economy including defence,…
Apple Plan New Regional Headquarter Location In Los Angeles
Apple will build a new regional headquarters at the border of Culver City and Los Angeles, the company said on…
U.S. Oil Benchmark Crossed $80 Per Barrel First Time Since 2014
West Texas Intermediate crude futures, the U.S. oil benchmark, crossed $80 per barrel on Friday for the first…
Europe’s Record Initial Public Offerings Year Has A Swindle In Its Tail
Europe's record year for initial public offerings (IPOs) is threatening to come to a juddering halt as inflation…
Stocks Slip Yet Holding Weekly Gain Ahead Of U.S. Jobs Data
European shares slipped on Friday but held most of the previous session's gains as investors welcomed the U.S.…
California Was A Difficult Place: Elon Musk On Moving Company’s Headquater
Chief executive Elon Musk announced the move at the electric carmaker's annual shareholders' meeting in Austin.…