United Airlines will buy 15 ultrafast airplanes from start-up Boom Supersonic
United Airlines is planning to turn the friendly skies into the ultrafast skies with the addition of supersonic…
Ex-TD Ameritrade CEO warns meme stock traders that leverage could ‘rip your arms…
Joe Moglia, former CEO of online trading platform TD Ameritrade, issued a stern warning Thursday about using…
Russia Says It Will Remove Dollar Assets From Its Wealth Fund
Russia is cutting the U.S. dollar from its $186 billion National Wealth Fund as Washington continues to impose…
China Rushes To Pull Back The Yuan From A Three-Year High
China is trying to rein in the yuan as it surges to three-year highs against the U.S. dollar.
A stronger yuan…
Forex: ABCON Bans Street Hawking, Moves To Cut Rate
The Association of Bureau De Change Operators has said it will commence what it called ‘Operation No Street…
Oil Industry’s Future At Risk, Barkindo Warns Nigeria, Others
The Secretary-General of the Organisation of the Petroleum Exporting Countries, Mr Mohammad Barkindo, has warned…
Facebook Announces New Tools To Make It Easier For Businesses And Consumers To…
Facebook on Wednesday announced a number of new developer tools, including several messaging features for…
Microsoft to unveil new version of Windows on June 24
Microsoft said Wednesday it will unveil “the next generation of Windows” on June 24. The move comes a week after…
AMC rally continues as shares jump in after-hours trading
The AMC Entertainment buying frenzy continued as shares of the movie theater chain jumped in extended trading on…
Tesla faces pressure as EV competition heats up, ex-Ford CEO says
Elon Musk brought electric vehicles into the mainstream with Tesla. Now the EV company is grappling with the…
Lira Craters To Record Low After Erdogan Orders Central Bank To Slow Inflation By…
By now, even the shoeshine boy knows that central banks are one-print trick pony farcical joke, one which is…
Bitcoin May Yet See ‘Breakthrough,’ Norway Finance Minister Says
The finance minister of Norway appeared to break away from the chorus of Bitcoin critics and suggested that…
Nigerian Banks Lend To Customers At Higher Rate Despite Cheap Funds
Nigerian banks access low cost funds from individual/corporate deposits, interventions from the Central Bank and…
UK’s Post-Study Work Visa Targets Graduates From Nigeria, Others
Under the post-study work visa rules by the United Kingdom government, Nigerians and nationals from other countries…
China Digs Deep Into Its Currency Toolkit To Manage Yuan
As China’s central bank pulls back from direct intervention in its currency market, officials are reverting to old…
Twitter Deletes President Buhari’s Post For Violating Rules
President Buhari had in a tweet shared on Tuesday, evoked Nigeria’s civil war experience which was fought between…
The Dollar Snaps Back
Overview: The US dollar is enjoying broad, even if not large, gains today following yesterday's recovery from…
Why We Want 20% Stake In Dangote Refinery – NNPC
The Nigerian National Petroleum Corporation, NNPC, has moved to explain its recent bid to acquire 20 percent stake…
Bitcoin Unlikely To Dodge Regulation For Long, Sweden Says
Bitcoin and other cryptocurrencies are unlikely to escape regulatory oversight as supervisory authorities respond…
Update 1-South Africa’s Rand Falls After Unemployment Data
The South African rand fell on Tuesday after data showed that the country’s unemployment rate hit a new record high…
Analysis-China’s Banks Are Bursting With Dollars, And That’s A Worry
A mountain of dollars on deposit in China has grown so large that banks are struggling to loan the currency and…
IMF Offers Bailout To Second African Nation In Less Than A Week
The International Monetary Fund staff agreed to provide a $1 billion facility to Uganda, the lender’s second…
NNPC Decries Destruction Of Rail Lines For Oil, Gas Pipe Transportation
The Nigerian National Petroleum Corporation (NNPC) has bemoaned the recent spate of attacks on the country’s rail…
OPEC+ Gives Little Away As It Sees Oil Market Tightening
OPEC+ left oil consumers in limbo, sticking to its plan of monthly production increases until July but refusing to…
Bank Of England Expresses Unease About Jump In Housing Prices
The Bank of England indicated unease about the U.K. housing market after Nationwide Building Society said prices…
Nigeria’s Furniture Export Rises As Cyrus Doors Enters Alaro City
Nigeria’s furniture export profile has received a boost with the move by Cyrus Doors and Joinery, a leading…
PFAs Invest N8.3tr In FGN Securities
Pension Fund Administrators (PFAs) have invested N8.32 trillion in Federal Government’s Securities, out…
Federal Government Targets Private Refineries To Offtake Over 300,000bpd
Except Dangote and other private refineries coming on board give preference to the Federal Government for…
Nigerian Banks Spend Billions Annually On KYCs
A KPMG report has revealed that Nigerian banks spend billions of naira annually to implement the Know Your Customer…
How Wema Bank Is Supporting Nigerians With Loan Offerings
There are many reasons to take out a loan. From needing a bigger shop or office space to buying a new device, or…