FG Urged To Establish National Fleet To Harness $19trn Global Trade
Stakeholders in the Nigerian maritime industry have called on the federal government to reactivate its plans to…
After $25b On Maintenance, FEC Approves New $1.5b For PH Refinery
The Federal Executive Council (FEC), presided over by President Muhammadu Buhari yesterday, approved the sum of…
DMO Lists N162.56bn Sukuk Bond On NSE
The Debt Management Office said on Thursday that it listed its third sovereign Sukuk, N162.557bn seven-year 11.200…
Stock Market Bearish Again, Indices Down By 0.04%
Negative sentiments resurfaced on the Nigerian Stock Exchange on Wednesday with the key indicators dropping by 0.04…
Capital Group Becomes Second-Biggest Investor In ABB
U.S.-based investment manager Capital Group has increased its stake in ABB to 5.05%, a regulatory filing showed on…
Federal Government Discovers Gold Deposit Along Abuja-Nasarawa Border
Adegbite paid Abdullahi Sule, the Nasarawa state governor, a courtesy visit in Abuja on Wednesday.
The minister…
Alleged $2.5bn Arms Scandal: Stop Peddling Fictional Tales, APC Tells PDP
The All Progressives Congress, APC, has urged the Peoples Democratic Party (PDP) to wake up to its responsibility…
Corteva to Appoint Three Directors Proposed By Starboard
Corteva Inc said on Friday three new independent directors proposed by activist investor Starboard Value LP will…
Citi, J.P. Morgan Hired To Coordinate Islandsbanki IPO
Iceland’s state holding company has hired Citigroup and J.P. Morgan to help coordinate Islandsbanki’s upcoming…
China Bans Tesla Cars In Military Complexes On Concerns About Cameras.
The Chinese military has banned Tesla Inc’s cars from military complexes and housing compounds because of concerns…
Room With A View: Investors Check Out Italy’s Top Hotels
International investors are casting an eye over some of Italy’s grandest hotels whose family owners may be…
Futures Rise As Spike In Bond Yields Eases
U.S. stock index futures edged higher on Friday following a steep pullback in the prior session as bond yields…
UK’s Taylor Wimpey, Countryside Asked To Drop Unfair Ground Rent Terms
British homebuilders Taylor Wimpey and Countryside Properties must remove contract terms that lock leaseholders…
Nearly A Dozen Countries Resume AstraZeneca Shots After EU, UK Regulators Say…
Nearly a dozen countries resumed use of AstraZeneca’s COVID-19 shots on Friday as EU and British regulators said…
Don’t Spend Over $1.5bn Embalming On A Dead Refinery – Dino Melaye Tells…
Former Senator representing Kogi West Senatorial district, Dino Melaye has also faulted the approval of $1.5bn for…
Kano Consumer Council Impounds N300m Expired Drugs
THE Kano State Consumer Protection Council on Thursday confiscated fake drugs worth over N300 million following…
Rivers Court Denies Dutch Couple Bail Over $330,000 Oil Vessel Fraud
A Federal High Court sitting in Port Harcourt, Rivers State, on Thursday denied a Dutch national, Pieter Borremans…
Sirika Seeks Private Sector Support For Aviation Infrastructure
Minister of Aviation, Hadi Sirika, has stressed the need for Nigeria to attract private investors that will support…
British Airways Considers Selling Its Headquarters After Homeworking Switch
British Airways said it was considering selling its headquarters building because of a switch to homeworking during…
Benchmark German Bonds Rise, Set To End Week Unscathed From U.S. Sell-Off
AMSTERDAM, March 19 (Reuters) - Benchmark German bonds rallied on Friday, tracking U.S. Treasuries, and were set to…
Oil Steadies After Sell-Off As Demand Doubts Persist
Oil prices steadied on Friday, but were down 8% for the week, after an overnight sell-off as a new wave of…
Consumers Lament Tariff Increment Amidst Economic Downturn
Prepaid electricity consumers have decried increase in tariff endorsed by the Nigerian Electricity Regulatory…
Autonomous Driving Startup Momenta Raises $500 Million From SAIC, Toyota, Others
Chinese autonomous driving startup Momenta said on Friday it has received $500 million from SAIC Motor, Toyota…
Bank Of America’s Summer Internship Program To Be Virtual
Bank of America Corp said on Thursday its 10-week summer internship program for 1,800 interns will be held…
Bond Managers Say Pace Of Rise In U.S. Bond Yields ‘Unsettling’
The recent pace of the rise in yields in the U.S. Treasury market has been unsettling, according to several major…
Starbucks Shareholders Reject CEO Pay Proposal In Rare Move
Starbucks shareholders voted against the company's CEO pay proposal in a rare move that may indicate some…
US-China Talks Could End Up Inflaming Trade Tensions
Senior officials from the United States and China are meeting in person on Thursday for the first time since US…
DPR Remits N2tn to Federal Government, Seals 11 Filling Stations
The Department of Petroleum Resources on Thursday announced that it generated over N2tn for the Federal…
Foxconn In Talks With Vietnam’s Vinfast On Electric Car Partnership
Taiwan’s Foxconn is in early stage talks with Vietnamese carmaker VinFast about partnering in electric vehicles,…
Swedish EV Charging Company Charge Amps Raises $15 Million
Swedish maker of electric vehicle charging solutions, Charge Amps, said on Friday it had raised 130 million crowns…