US Companies Plan $2.37Bn Investments In Nigeria
United States companies in Nigeria plan to invest over $2.37bn in Nigeria in the next three years, according to a…
A New Era Of Volatility Begins, But Tech Inflows Continue: BofA
Investors poured billions of dollars into high-flying stocks even as the ongoing bond market rout led to sharp…
China Outlines Push To Develop Domestic Engine For C919 Jet In Five-Year Plan
China will push forward with the development of CJ1000, a turbofan jet engine designed to power the homemade C919…
China Tells Banks To Scale Back Lending To Contain Financial Bubble Risks: Sources
China’s regulators are telling banks to trim their loan books this year to guard against risks emerging from…
Only 9.9% Nigeria Businesses Have Crisis Management Plan — CMC
The global health crisis occasioned by the coronavirus pandemic has thrown up the need for Nigerian businesses to…
Texas Grid Operator Made $16 Billion Price Error During Winter Storm, Watchdog…
Texas’ power grid operator Electric Reliability Council of Texas (ERCOT) made a $16 billion pricing error in the…
More German Companies See Worsening International Business In 2021: DIHK
More German companies expect global business conditions to worsen this year than expect improvement, Germany’s DIHK…
Federal Inland Revenue Services Targets N5.9tr Revenue This Year
The Federal Inland Revenue Service (FIRS) has proposed a revenue collection of N5.9 trillion in the 2021 fiscal…
Stock Market Extends Loss By 0.40%
The nation’s bourse extended a negative trend for the third consecutive trading session following sell pressure on…
Wealth Managers Frustrated Over Bitcoin, Anxious For Piece Of The Action
Yet Paulsen, chief investment officer for Leuthold Group, which manages $1 billion, cannot own bitcoin in client…
Hours-Long Reading Of Legislation Delays Debate On Biden’s $1.9 Trillion…
The U.S. Senate voted on Thursday to take up President Joe Biden’s $1.9 trillion coronavirus aid bill, but put off…
China Says Will Deter Taiwan Independence But Seek Peaceful Ties
China will resolutely deter any separatist activity seeking Taiwan’s independence but is committed to promoting…
Jay Z’s D’USSÉ 1969 Anniversaire Limited Edition Grande Champagne Cognac To Be…
The 1969 Anniversaire Edition was launched in 2019 by D’USSÉ and Mr. Carter. The liquid comes from one of the…
Credit Suisse Winding Down Greensill-Linked Funds
Credit Suisse is winding down its supply chain finance funds which held most of their roughly $10 billion in notes…
Jay-Z Sells Majority Stake In Tidal To Jack Dorsey’s Square
Both parties confirmed the acquisition in a statement via their respective Twitter handles on Thursday.
As part of…
US Big Tech Firms Jostle For India’s Huge Digital Payments Market
Technology giants Facebook Inc., Amazon.com Inc. and Google and credit-card providers Visa Inc. and Mastercard Inc.…
India Merchants Almost Halt Exports To Iran As Its Rupee Reserves Fall –…
Indian merchants have almost entirely stopped signing new export contracts with Iranian buyers for commodities such…
#EndSARS: 25 Insurance Companies To Pay N20.4bn Claims
Twenty-five insurance companies have recorded claims totalling N20.4bn from losses that emanated from the #EndSARS…
General Motors Looking To Build Second Battery Plant In U.S
General Motors Co is looking to build a second battery factory in the United States with South Korean joint-venture…
Bond scares linger, investors look to Powell
Worries about lofty U.S. bond yields hit global shares on Thursday as investors waited to see if Federal Reserve…
OPEC+ Debates Whether To Raise Or Freeze Oil Output As Price Recovers
The market has been expecting the OPEC+ group of producers to ease supply cuts by about 500,000 barrels per day…
Federal Government Approves Establishment Of SIM Swap Centres By Mobile Network…
The Ministerial Task Force on the NIN-SIM registration has approved the establishment of SIM Swap Centres by Mobile…
Collaboration Necessary To Deliver Digital Payment Services’
Financial experts who participated at the Nigeria Finance virtual forum, which held on Tuesday, have stressed the…
Nigeria Ranks Lowest In Internet Affordability – Report
A global study on the quality of digital wellbeing in 85 countries has ranked Nigeria the lowest country in…
Nigerian Team Builds First-Of-Its-kind Technology For Microsoft
Microsoft Mesh, a new mixed-reality platform powered by Azure – that allows people in different physical locations…
Expert Urges Strengthening Of Core Competence, Strategic Reserves
An energy and logistics expert, Elvis Chukwudi Okonji, has urged players in the energy and logistics industry to…
Texas Power Grid CEO Is Fired Following Widespread Outages During Winter Storms
Following widespread power outages during a series of winter storms that left many Texas residents in the dark…
Nigeria Records N4.9tr Investment Inflows In 5 Yrs
The Nigeria Investment Promotion Commission (NIPC) has said Nigeria’s annual investment inflows averaged $13…
Fuel Scarcity: Marketers Raise Ex-Depot Price To N163/Litre
Fuel retailers have accused private depots of being responsible for the shortage of Premium Motor Spirit (PMS)…
Apple-Supplier Foxconn Flags Strong Start To Year As Lockdowns Spur Electronics…
Apple supplier Foxconn said it expects first-quarter revenue to rise more than 15% from a year earlier, boosted by…