U.S. House Committee Approves Another $14 Billion For Pandemic-Hit Airlines
A U.S. House committee on Thursday approved a proposal to give airlines another $14 billion in payroll assistance…
White House Launches Clean Energy Effort, $100 Million In Technology Funding
The Biden administration on Thursday announced the U.S. Department of Energy will offer $100 million in funding to…
Asian Stocks On Hold For Lunar New Year, Bitcoin Eyes Record Highs
Asian shares hovered just below a record high on Friday as mixed U.S. economic data caused some investors to show…
Britain’s coronavirus-ravaged economy shrank 9.9% in 2020, the biggest annual fall…
Britain’s gross domestic product (GDP) grew 1.0% between October and December, the Office for National Statistics…
Oil’s Losses Deepen As OPEC, IEA Caution Ends Rally
Oil prices fell a second day on Friday, extending losses after OPEC cut its demand forecast and the International…
Chief Financial Officer Hesitate To Invest In, Handle Bitcoin Due To Volatility
Chief financial officers are watching closely after Tesla Inc. this week disclosed a $1.5 billion investment in…
High Year-End Spending Drove Inflation Upward
Report Summary
The Macroeconomy
The IMF forecasted a sluggish growth for the Nigerian economy in 2021.…
We’re Ready To Resume Petrol Importation, Say Marketers
Oil marketers have said they are ready to resume importation of Premium Motor Spirit (petrol) if foreign exchange…
Africa’s Miners And Winemakers Toast China’s Row With Australia
Bottles of its reds, whites and roses piled up when South Africa banned alcohol sales under a strict lockdown and…
Ad Software Company Viant Valued at $2.5 Billion In Nasdaq Debut
Shares of Viant Technology Inc jumped 76% in their market debut on Wednesday, giving the advertising software…
Africa Business Leaders Optimistic Of Swift Economic Recovery In 2021
Business leaders in Africa have expressed the hope that economic prosperity and increase in trading activities…
Securities Dealers Need Intervention Fund, Chartered Institute Of Stockbrokers…
The Chartered Institute of Stockbrokers has urged the Central Bank of Nigeria to create an intervention fund for…
Ecobank Of Nigeria Appoints New Director
Pan-African banking conglomerate, Ecobank Transnational Incorporated, has announced the appointment of an…
Nigeria Securities And Exchange Commission Unveils New Guidelines For Collective…
As NSE lists Briclinks Africa N10m shares on Growth Board
The Securities and Exchange Commission (SEC), has…
Rare 2p Coins Revealed – Pretty Penny
UR wallet is probably full of 2p pieces - but it might be worth checking your change as some of these coins could…
Nigerian National Petroleum Corporation, others risk losing $400bn amid climate…
Twenty per cent of anticipated investments in the oil and gas sector by state-owned oil companies, including the…
Ecobank Of Nigeria Allows Money Transfer Through SMS, WhatsApp
Ecobank Nigeria has said its customers are now able to transfer funds by email, SMS and WhatsApp with the new…
Nigerian Stock Exchange Lose N426bn As 37 Stocks Post Decline
Investors in the nation’s stock market lost N426bn on Wednesday as 37 firms recorded price decline.
The market…
Nigeria Loses N189.90bn To Gas Flaring In 11months
Nigeria lost an estimated N189.90bn from January to November 2020 as international oil companies and local players…
Nigerian Federal Government Approves Bankers’ Committee Takeover Of National…
The Federal Executive Council on Wednesday approved a Memorandum of Understanding between the Ministry of…
Fuel Scarcity Looms As Marketers Disrupt Fuel Loading
Members of the Independent Petroleum Marketers Association of Nigeria on Wednesday disrupted loading of petroleum…
Addressing Vulnerabilities In Port System
At such a time of dwindling oil fortunes and resultant effect on the economy, the nation’s maritime industry is…
Nigeria, Others Comply With OPEC Quota In January
Nigeria and other OPEC+ in the month of January comply fully with the cartel production out. This has consequently…
Iran Produces Uranium Metal In New Violation Of Nuclear Deal
Iran has started producing uranium metal, despite being warned by world powers that it constitutes another…
Nigeria Targets 40% Debt To GDP Ratio By 2023
Nigeria is targeting a debt to GDP ratio of 40 percent by 2023 from the current level of 25 percent in a new Medium…
US Airline Set To Buy Flying Electric Taxis For Airport Runs
United Airlines will team up with US regional carrier Mesa Airlines to buy Archer's electric vertical…
First Bank Offers N1M Loan As Firstmonie Agents Cross 86,000
Over 86,300 Firstmonie agents, spread across 772 local government areas in Nigeria can access up to N1 million loan…
Analysts Foresee Marginal Uptick In Capital Importation In 2021
Investment and financial analysts at Cordros Securities Research has projected marginal uptick in capital…
Central Bank Of Nigeria – Freezing Of Accounts Constitute ‘Gross…
Femi Falana has warned the Central Bank of Nigeria, CBN, to stop freezing accounts of activists in the country.…
TikTok Sale To Walmart, Oracle Put On Ice By Biden Team: Report
TikTok’s forced sale to Walmart Inc. and Oracle Corp. has been shelved indefinitely as the Biden administration…