UN: World Population To Reach 8 Billion By November
The United Nations (UN) has projected that the global population is expected to reach 8 billion on November 15…
Two Nigerian Fintech Executives Convicted For Breaching US Anti-Money Laundering…
Two fintech executives and a manager at a US-based money transfer company have been sentenced to a combined 8…
Why Currency Trading Involves Major Risks
The largest trading market in the financial sector is unquestionably currency trading. It has a daily traded…
FUGAZ Investors Gain N17 Billion Combined During The Week
The market capitalization of the top five banks, referred to as the Tier-1 banks or FUGAZ; appreciated by 0.77% to…
Unilever Reports N1.906 Billion PAT In HY 2022 Amidst Cost Pressure
Unilever Nigeria Plc has released its unaudited financial statement for the half year ended 30 June 2022.…
Nigeria Is Taxing Poverty – Taiwo Oyedele
Taiwo Oyedele, a Fiscal Policy Partner and Africa Tax Leader at PwC, chided the government for taxing poverty in…
Ukraine Central Bank Has Sold Over $12 Billion Of Its gold Reserves During The…
Ukraine's central bank has sold $12.4 billion of gold reserves since the beginning of Russia's invasion on Feb.…
Dollar Prowls Just Below Highs As Euro Gasps For Gas
The dollar began the week nudging down from multi-year highs; with hotter-than-forecast inflation reading in New…
Generali Appoints Veteran Banker To Fill Board Vacancy
Italian insurer Assicurazioni Generali (GASI.MI) has named veteran banker Stefano Marsaglia to fill a vacancy on…
Oil Prices Jump As Soft Dollar, Tight Supplies Support
Oil prices extended gains, propped up by a weaker dollar and tight supplies that offset concerns about recession;…
India’s HDFC Bank’s April-June Profit Rises 19% On Year
India's largest private lender, HDFC Bank Ltd said its net profit for the three months to June rose 19% from the…
BlackRock Misses Profit Estimates, Pulls Back Hiring After Market Turbulence
BlackRock Inc said it is tightening its belt and putting off some hiring amid an economic environment; that has…
Citigroup Shares Surge On Profit Beat, Core Business Strength
Citigroup Inc shares surged over 10% on Friday after the third-largest U.S. bank posted a smaller-than-expected…
Wells Fargo Profit Slumps On Higher Loan Loss Reserves, Mortgage Weakness
Wells Fargo & Co said on Friday its second-quarter profit nearly halved as the bank set aside more funds to…
Russia To Block Sale Of Foreign Banks’ Russian Subsidiaries- Ifax Cites…
Russia will block the sale of foreign banks' Russian subsidiaries while Russian banks abroad cannot function…
China Steps Up Loan-Support Efforts To Developers Amid Mortgage Boycott
Chinese regulators stepped up efforts to encourage lenders to extend loans to qualified real estate projects; as…
New Zealand’s Inflation Hits 3-Decade High, Raising Bets On Sharper Rate…
New Zealand's consumer prices rose at their fastest pace in three decades; beating forecasts and raising the…
Deliveroo Slashes Revenue Outlook On Deteriorating UK Economy
British food delivery company Deliveroo slashed its full-year revenue guidance, blaming a worsening economic…
Finland’s Nordea Posts Profit Above Expectations
Growth in earned loan interests aided Finland's Nordea to a rise in second-quarter; operating earnings despite…
Binance CEO: Africa Ready For Crypto Adoption
Binance CEO Changpeng Zhao has said Africa is ready for crypto adoption.
According to Zhao, blockchain provides…
Algeria-Tunisia Border Crossings Reopens After Two Years. 
More than two years after the closure of the Tunisian-Algerian border due to the coronavirus pandemic, on Friday…
Animal-to-Human Diseases On The Rise In Africa, UN Health Agency
Diseases transmitted from animals to people in Africa have jumped 63% in the last decade, compared with the…
Russian McDonald’s Runs Short Of French Fries
Former McDonald’s restaurants in Russia are facing a shortage of French fries due to a poor harvest and Western…
ECOWAS Court Tags Twitter Ban “unlawful and a violation of rights of Nigerians”
The ECOWAS Community Court of Justice has declared that the federal government’s order to ban Twitter in June 2021…
Trade Unions Pull Out Of Maritime Council Over Breach Of Agreements
Maritime Workers Union of Nigeria says it has withdrawn its membership from the Council of Maritime Transport…
Dangote Cement Signs 5-Year Agreement On Development With Host Communities
Dangote Cement has signed a five-year community development agreement with its Ibese Plant host communities in …
Ogun Inaugurates W’Africa’s First Fibre Optic Cable Factory- Nigeria.
The Minister of Industry, Trade and Investment, Otunba Niyi Adebayo and the Executive Secretary of the Nigerian…
Anti-Corruption Agencies May Recover IOCs $6.4bn Debt – NEITI.
The Nigeria Extractive Industries Transparency Initiative threatened oil firms operating in the country that it…
Mutual Funds Rebound, Assets Hit $3.64bn – Report.
After suffering decline in 2021, Nigeria’s assets under management in mutual funds rose to $3.64tn in the first…
IMF, World Bank Group Announces Dates For 2022 Annual Meetings
According to a joint statement by the IMF and World Bank Group, the date for the 2022 Annual Meetings has been…