Oil Rallies Above $67 As Demand Optimism Outweighs Iran Concerns
Oil extended gains from the highest close in more than two years as optimism over burgeoning U.S.-led…
ABCON: ‘Corporate Governance Compliance Key In BDCs’ Operations’
Association of Bureaux De Change Operators of Nigeria (ABCON) has urged Bureaux De Change (BDC) to carry out their…
Cathie Wood Sees Deflation Returning, Boosting Innovation Stocks And Bitcoin
Cathie Wood is going against the grain yet again — this time on inflation.
The founder and CEO of Ark…
Bank Of America Hikes Price Target For Nvidia To $750 After Earnings Beat
The latest earnings report from Nvidia should help the semiconductor giant’s stock continue its hot streak,…
France In Double-Dip Recession At Start Of 2021 After Revisions
Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.
France’s…
CBN Moves To Curb $580m Annual Cassava By-Product Imports
Despite being the world’s largest producer of cassava, Nigeria imports over $580 million worth of cassava…
Dangote: Nigeria To Earn $700m Annually From Sugar Backward Integration
The Chairman of Dangote Sugar Refinery(DSR) Plc Aliko Dangote, has urged government to faithfully follow…
Bitcoin Falls Back Below $40,000 As Cryptos Plunge Yet Again
Major cryptocurrencies plunged into the red on Friday morning as the crypto market continues its volatility since…
Illegal Oil Deals: FG Fails To Recover $69bn Loot In American Banks
An American assets recovery firm, Forensic Assets Investigation and Recovery Services LLC, has traced $69bn …
Pound Ticks Up On Bank Of England Policymaker’s Rates Rise Comment
The pound (GBPUSD=X) rose against the dollar on Thursday afternoon, after Bank of England (BoE) policymaker Gertjan…
China’s Yuan Rises To Strongest Since ‘16 Versus Basket Of Peers
The yuan’s rally gathered pace on Thursday, with the Chinese currency rising to its strongest level since March…
Nigeria’s President Appoints New Army Chief After Predecessor’s Death…
Nigeria's president has appointed a new army chief, the ministry of defence said in a statement on Thursday,…
Debt Rises By N20.8tn Under Buhari, Servicing Gulps N10.26tn
The country’s debt rose by N20.8tn between July 2015 and December 2020, data obtained from the Debt Management…
Experts Fault Naira Devaluation, Say Prices’ll Rise, Poverty Deepened
Against the backdrop of the recent devaluation of the naira by the Central Bank of Nigeria, economic and financial…
Govt Seeks Single-Digit Interest For MSMEs
The Minister of State, Industry Trade and Investment, Mariam Katagum has called for single digit rate financing for…
Stock Market Extends Losses By N12 Billion
The stock market extended losses to three consecutive sessions yesterday, causing market capitalisation to…
Nigeria Needs $2b Monthly For Fiscal Sustainability As FG Builds Oil Reserves
The Department of Petroleum Resources (DPR) has stated that the country needs over $2 billion monthly revenue to…
Yuan Advances To New 3-Yr High As PBOC Yet To Show Discomfort With Recent Gains
China's yuan advanced further to a new three-year high against the dollar on Thursday, as investors increased their…
Dollar Firms As Traders Brace For U.S. Inflation Gauge
The dollar found support on Thursday from a sense that the Federal Reserve is slowly but surely edging towards a…
PSSP Capital Base Jacked Up To N250m
The Central Bank of Nigeria (CBN) has raised the minimum capital requirement for payment solutions service…
More Than Half Of Europeans Want To Replace Lawmakers With AI, Study Says
LONDON — A study has found that most Europeans would like to see some of their members of parliament replaced by…
Cramer Says Investors Who Are Short GameStop And AMC Are Out Of Their Mind
CNBC’s Jim Cramer said Wednesday he’s not sure why any investors are still betting against GameStop and AMC…
Bitcoin Crash Opens Door To A Tax Loophole For Investors
Crypto investors may be shellshocked by a recent plunge in prices. But that sell-off has a silver lining: It…
Twitter Says It Is Concerned About The Safety Of Its India Staff After Police…
Twitter said on Thursday it was worried about the safety of its staff in India, days after police visited its…
Kiwi Dollar Holds Onto Gains After Surprise Rate Hike Projection; Dollar Steady
While the dollar was steady around 5-month lows in early London trading on Wednesday, the New Zealand dollar was up…
Nigeria To Earn N320 Billion From NNPC, Bonga PSC Deal
The Nigerian National Petroleum Corporation (NNPC) and Bonga Production Sharing Contract (PSC) partners, have…
How Apple’s 2015 Negotiations For Time Warner Bundling Deal Briefly Led To…
As AT&T and Discovery discussed putting together their content assets, they specifically structured a deal…
Discord CEO on reported Microsoft bid: ‘We did receive a lot of offers.’
It’s been reported that a $10 billion bid made by Microsoft for gaming platform Discord fell apart. Discord CEO…
Russia threatens to slow down Google for failing to delete prohibited content,…
Russia has threatened to decelerate Google’s traffic and issued the company with a small fine for failing to remove…
Microsoft’s cloud boss says the company doesn’t want to compete with doctors
Thanks to its pending acquisition of Nuance Communications, Microsoft will soon have a suite of software tools that…