Experts Rate Economy As Weak Despite Exit From Recession
Nigeria exited recession after the country’s Gross Domestic Product recorded a slight growth of 0.11 per cent in…
Federal Government Of Nigeria, States, Local Governments Share N640.310 Billion In…
The Federation Accounts Allocation Committee (FAAC) at the end its meeting on Thursday shared N640.310 billion to…
Chief Executive Of Japan’s Honda To Step Down, Hand Reins To R&D Chief
Japan’s second-biggest automaker by sales, Honda Motor Co, said on Friday its chief executive, Takahiro Hachigo,…
UK Court Blocks Release Of HSBC Papers In Huawei CFO Fraud Case
A British judge on Friday blocked the release of internal HSBC documents relating to U.S. fraud allegations against…
Traders Rush To Supply Fuel To The U.S. As Texas Freeze Bites
Massive refining outages in the U.S. state of Texas due to freezing weather has led to a flurry of fuel tanker…
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,…
Nigeria’s Economy Rebounds With 0.11% GDP Growth In Q4’20
Nigeria’s economy re-bounded in the fourth quarter of last year (Q4’20) as the nation’s Gross Domestic Product…
United Capital Approves N4.2Bn Dividend For Shareholders
The Board of Directors of United Capital Plc has approved the payment of N4.2 billion as dividend to shareholders…
Global Stocks Mostly Fall Amid Angst At Inflation Risk
Global stock markets mostly fell Wednesday, with investors worried about high-flying share prices and the potential…
Central Banks Need To Change Gear
It’s time for central banks to prepare financial markets to regain more influence over longer-term interest…
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…
UK Retail Sales Slump In New Lockdown, Borrowing Less Than Expected
British retail sales tumbled in January as non-essential shops went back into lockdown, official data showed, but…
Renault Clings To Turnaround After Record $9.7 Billion Loss
Renault said on Friday that margins and sales had begun to recover in the second half of 2020 as it embarks on a…
Central Bank ‘Punch Bowl’ Still Brimming For Markets
Central bank support for pandemic-hit economies looks to endure well past the recovery in output, leaving investors…
After Many Threats, Google Begins Paying For News In Australia
In January, Google threatened to make its search engine unavailable in Australia if the government approved…
IT Solution Recognised As Key Digital Platform
Omdia, formerly Ovum, one of the world’s leading research and consultancy company, has featured Comviva’s mobiquity…
Online Fraud Rising As More Nigerians Fall Victims
Increasing number of Nigerians count their losses as activities of cybercriminals continue to rise year-on-year…
Nigeria Must Pay Close Attention To Rising Interest-To-Revenue Ratio –…
The high cost of servicing Nigeria’s debt compared to the revenue it generates (interest-to-revenue ratio) is an…
Federal Government Of Nigeria Seeks $1.2bn Loan To Fund Agriculture
The Federal Government has disclosed plans to borrow $1.2 billion to boost the country’s agricultural sector under…
International Monetary Fund Backs Central Bank Of Nigeria, Cautions against…
The International Monetary Fund (IMF) has cautioned against transacting in cryptocurrency, saying regulating the…
FX Market: Central Bank Of Nigeria Intervened With $10.308bn In Six Months
The Central Bank of Nigeria (CBN) sold a total of $10.308 billion in the foreign exchange (FX) market in the first…
Federal Government Of Nigeria Targets 500,000 Employees Under Survival Fund Scheme
The Federal Government has announced a plan to support over 500,000 employees with a N30,000 one-off grant,…
Ehingbeti: Experts Urge Goverment On Digital Policy Consistency
Technology experts at the ongoing Lagos State Economic Summit, Ehingbeti, have stressed the need for governments to…
Bears Maintain Dominance On NSE, Market Drops Further By N15Bn
The bears maintained leadership on the Nigerian Stock Exchange (NSE) on Wednesday with investors losing N15 billion…
$3.5bn Loan: Nigeria Not Fully Complying With Terms – International Monetary…
International Monetary Fund (IMF) has accused the Federal Government of reneging on some of the conditions it…
Texas Clamps Down On Out-Of-State Gas Sales Amid Shortages
Texas is restricting the flow of natural gas across state lines in an extraordinary move that some are calling a…
Apple lobbies For India Incentives As It Plans IPad Assembly
Apple Inc is angling to participate in a new scheme to boost India’s exports of computer products, part of what…
Texas Energy Freeze Stretches To Sixth Day, Raises Mexico’s Ire
Texas’s freeze entered a sixth day on Thursday, as the largest energy-producing state in the United States grappled…
Credit Suisse Targets Lending Volume After Better-Than-Expected Fourth-Quarter…
Credit Suisse on Thursday said it plans to up lending volume and capitalise on a boom in share listings, to shore…
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…