Bank Of England Urges Banks To Keep The Lending Taps Open
The Bank of England called on lenders on Friday to provide enough credit to companies to see them through the…
U.S. Bail-Bond Insurers Spend Big To Keep Defendants Paying
Insurance companies have spent $17 million to defeat proposals to weaken or abolish the for-profit bail industry in…
Commodity Gains Push European Stocks To 1-Week High
European stocks rose on Friday, helped by gains in commodity-linked companies as investors balanced worries about…
China Potential Economic Output May Grow 5%-5.7% Over 5 Years: Central Bank…
China’s potential economic output is expected to grow 5%-5.7% over the next five years, according to a central bank…
Foreign Funds Have Billions At Stake In Turkish Market Volatility
Foreign funds have reported about $3.4 billion in Turkish stock and sovereign dollar bond holdings so far this…
US Congress Piles Pressure On Big Tech CEOs Over Misinformation
Only Twitter Inc CEO Jack Dorsey replied “yes” to the question but said the “broader ecosystem” had to be taken…
Suez Canal Authorities Need To Remove Up To 706,000 Cubic Feet Of Sand To Free The…
Up to 20,000 cubic meters (706,000 cubic feet) of sand in the Suez Canal need to be removed to free the gigantic…
UAE Waives Rapid Antigen Testing For Nigerians
As part of efforts to end the squabbles between Nigeria and United Arab Emirates (UAE), with regards flights…
Apapa: MAN Fumes As Gridlock Threatens 2,000 Export Cargoes
The Manufacturers Association of Nigeria Export Group, the Federation of Agricultural Commodity Association of…
FIFA To Earn £3bn From Qatar 2022
FIFA is set to generate £3bn from the World Cup in Qatar, while thousands of migrant workers have lost their lives…
Total Nigeria Trains 2,181 Fuel Truck Drivers
Total Nigeria Plc says it has trained 2,181 drivers in the last four years against the backdrop of serious concerns…
Canada calling? Hong Kong Residents Shift Billions Abroad After Clampdown
As China imposed a sweeping national security law in Hong Kong last year after massive protests, residents of the…
Dollar Holds Advantage On Economic Optimism, Euro Looks Vulnerable
The dollar traded near multi-month highs against most major currencies on Friday, supported by a wave of optimism…
Wrong For China To Sanction UK Individuals: British Minister
British housing minister Robert Jenrick said it was wrong for China to have sanctioned UK individuals and entities…
Uber To Reopen San Francisco Offices With Limited Capacity Next Week
Uber Technologies Inc said on Thursday it plans to reopen its offices at Mission Bay, San Francisco, with 20%…
Burberry Becomes First Luxury Brand To Suffer Chinese Backlash Over Xinjiang
Burberry has lost a Chinese brand ambassador and its hallmark tartan design was scrubbed from a popular video game,…
Japan Approves Bill To Oversee Land Deals Near Defence Bases, Border Islands
Japan’s cabinet approved on Friday a bill that will tighten oversight of land deals and land use near military…
BOJ Forms Panel To Help Guide Central Bank Digital Currency Experiment
Set to begin experimenting in how to operate a central bank digital currency, the Bank of Japan said on Friday that…
Forex, Border Control Soar Prices Of Fairly Used Cars`
The prices of fairly used cars known as 'Tokumbo' have skyrocketed due to tight border control and soaring exchange…
Indian Farmers Squat On Railway Tracks To Mark Four Months Of Protests
Dozens of farmers squatted on railway tracks in northern India on Friday, disrupting traffic to mark four months of…
Suez Blockage Sets Shipping Rates Racing, Oil And Gas Tankers Diverted Away
Reeling from the blockage in the Suez Canal, shipping rates for oil product tankers have nearly doubled this week,…
Yemen’s Houthis Say Launched Attacks On Saudi Arabian Oil, Military Sites
Yemen’s Houthi forces on Friday said they launched attacks on Thursday on Saudi Arabia targeting facilities owned…
UK Retail Sales Rise 2.1% In February
British retail sales rose by 2.1% in February from January even as non-essential shops remained in a coronavirus…
Deutsche Bank CEO Willing To Give Up Investment Bank Oversight Role
Christian Sewing, chief executive officer of Deutsche Bank, is willing to give up his role overseeing the…
Bitcoin Tumbles 7%, Pushing It Near $50,000 Threshold As Retail-Investor Interest…
Bitcoin fell on Thursday by as much as 6.7%, to $50,440.17, as retail-investor interest slipped and the options…
China’s Yuan Dips As Dollar Draws Strength From Recovery Hopes
The yuan dipped to a two-week low on Thursday as brighter U.S. economic prospects continue to bolster the dollar,…
Africa Is Ripe With Enough Innovation To Finance Its Future
If anything would increase a country’s chances of attaining economic independence, it is financial inclusion. With…
CBN Disburses N1.487tr To Boost Food Security
The Central Bank of Nigeria (CBN) has disbursed N1.487 trillion under its various agricultural programmes to boost…
Nigeria’s Crackdown On Bitcoin Echoes Global Crypto Conundrum
Lagos, Nigeria – When the Central Bank of Nigeria (CBN) issued a circular in early February warning banks and…
NCDC Announces 96 New COVID-19 Infections Nationwide
The Nigeria Centre for Disease Control announced 96 new cases of COVID-19 late on Wednesday, bringing the total…