Two-Thirds Of Tropical Rainforest Destroyed Or Degraded Globally, NGO Says
Humans have degraded or destroyed roughly two-thirds of the world’s original tropical rainforest cover, new data…
Panasonic To Buy U.S. Software Firm Blue Yonder For $6.5 Billion, Says Nikkei
Panasonic Corp will buy U.S. software firm Blue Yonder for 700 billion yen ($6.45 billion), the Nikkei reported on…
Price And Policy Fears Drive Chinese Investors Into Cloistered Stocks
Worries about the frothiness of China’s stock market and steps authorities might take to rein it in are forcing…
Dollar Stands Tall As U.S. Yields Resume Climb
The U.S. dollar gained on Monday, climbing towards a 3-1/2-month high, as a broad rise in Treasury yields spooked…
Lebanon’s Deadlock Fuels Seventh Day Of Street Protests
Demonstrators burnt tyres to block main roads all over Lebanon for the seventh straight day on Monday in anger at…
Brent Hops Past $70 For First Time Since Pandemic Began After Saudi Attack
Brent crude futures climbed above $70 a barrel on Monday for the first time since the COVID-19 pandemic began,…
Iran Slips Record Volume Of Oil Into China, Reaches Out To Asian Clients For Trade…
Iran has quietly moved record amounts of crude oil to top client China in recent months, while India’s state…
Deliveroo Launches London Ipo After Business Surges In 2020
British food delivery firm Deliveroo announced plans to launch its hotly anticipated London listing on Monday after…
Oil, Travel Stocks Boost European Shares
European shares rose on Monday, catching up with a late Friday rally on Wall Street, while oil majors like Royal…
Shares, Dollar Celebrate U.S. Stimulus, Oil At One-Year Top
Asian shares rallied on Monday while the dollar held near three-month peaks after the U.S. Senate passage of a $1.9…
Key Saudi Arabian Oil Site Attacked, Sending Brent Above $70
Saudi Arabia said one of the most protected crude facilities in the world came under missile attack on Sunday, in a…
To Sustain Recovery, CBN Extends Interest Rate Cut On Pandemic Loans
The Central Bank of Nigeria’s (CBN) extension of the interest rate it reduced during the pandemic (officially known…
Bitcoin’s Next Top Could Be Between $75K And $306K, Kraken Research Suggests
A reading of the historical data paints a promising picture for Bitcoin's potential growth in 2021.
Analysis of…
Nigeria’s Risk Premium Hits 1yr High Despite Rising Oil Prices
Investors are demanding higher returns from Nigeria to be holders of its debt as compensation for tolerating its…
Oil Palm Firm Re-Strategises For Optimal Performance
The Okitipupa Oil Palm (OOP) Plc has embarked on some measures aimed at re-strategizing and putting the company on…
ECOWAS Court Orders Nigeria To Pay N63m, $10,000 Compensation To Germany
The Court of Justice of the Economic Community of West African States (ECOWAS) has ordered the Federal Republic of…
World Bank To Spend N27bn On Road Infrastructure In Aba
The World Bank has released a whopping N27 billion for rebuilding of road infrastructure in Aba the economic live…
3.8 Million Farmers Benefit From Anchor Borrowers’ Programme – CBN
The Central Bank of Nigeria (CBN) says 3.8 million farmers have so far benefited from its Anchor Borrowers’…
FG Considers 20% Hike In Petrol Freight Cost
The Federal Government is considering a 20 per cent hike in the cost of freighting petrol across the country, as…
UK Signs Trade Partnership Agreement With Ghana
The UK has signed a trade partnership agreement with Ghana that secures tariff-free trade and provides a…
Breakdown Of Modalities To The New Central Bank Diaspora Forex Remittances
In what appears to be an attempt to incentivize dollar remittances by all means possible, the Central Bank of…
Central Bank Of Nigeria Introduces ‘Naira 4 Dollar Scheme’ For Diaspora…
The Central Bank of Nigeria (CBN) has announced the introduction of “CBN Naira 4 Dollar Scheme”, an incentive for…
Why The Netherlands Pay Its Disabled Citizens To Have Sex With Prostitutes!
The Dutch government hands out money for school, housing, medical needs, even hookers! That's…
Crude Oil Hits $68 As Goldman Sachs Projects Prices May Rise To $80 By Q3
The price of Brent crude, against which Nigeria’s crude oil is priced, has risen to $68.03 per barrel following the…
FTSE Russell To Drop Xiaomi, Luokung From Indexes On U.S. Order; Scraps AMEC…
Global index publisher FTSE Russell will drop Xiaomi and another high-tech firm from global and Chinese indexes, it…
Petrol Queues Abate As More Stations Resume Operations
The queues for petrol in Abuja and neighbouring Nasarawa and Niger reduced on Thursday as more retail outlets…
JAMB Plans N6bn Head Office In Abuja
THE Joint Admissions and Matriculation Board plans to build a new headquarters in the Central Area of the Federal…
Manufacturing Firms Borrowed N570bn From Banks In 2020 – CBN
Manufacturing firms borrowed a total of N570bn from Nigerian banks last year amid the economic fallout of the…
How Cryptocurrency Trading Keeps Nigerians Engaged
Nigerians have continued to the Central Bank of Nigeria (CBN) over its directive to banks to stop the provision of…
Oil Soars Above $67, Nigeria Earns Additional N318bn/Month
Nigeria may have earned over N318bn additionally in February as a result of the increase in crude oil price in the…