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…
US Sells A Million Barrels Of Iranian Oil Seized Under Sanctions
The United States has sold more than a million barrels of Iranian fuel seized under its sanction programme last…
Central Bank Of Nigeria: Federal Government’s Fiscal Deficit Rose To N620Bn In…
The federal government’s estimated fiscal deficit expanded to N620.49 billion in November 2020, compared with the…
China-Backed Trade Deal Seen Helping Investors, Not Workers
A China-backed trade and investment deal representing about a third of the global economy is unlikely to bring…
Just Six Feet Wide, ‘London’s Skinniest House’ Is For Sale For…
A house billed as "possibly the skinniest house in London" is up for sale for £950,000 ($1.3 million).
Just six…
Dollar Steadies After Soft U.S. Inflation, Dovish Fed
The dollar fell during a quiet Asian session on Thursday, after softer-than-expected U.S. inflation data for…
Global Equity Funds Secure Biggest Inflows In Two Years In Week Ended February 10
Global equity funds led inflows in the week to Feb. 10, bolstered by upbeat corporate earnings and the prospects of…
Commerzbank Posts $3.3 Billion Fourth-Quarter Loss Amid Major Restructuring
Germany’s Commerzbank said on Thursday its net loss deepened to $3.3 billion in the fourth quarter, as the lender…
Analysis: Merkel’s Vote Of Confidence In Deutsche Bank Belies Lender’s…
Angela Merkel will give a welcome speech at Deutsche Bank’s annual New Year reception on Thursday, marking a rare…
Foreign Exchange Inflow Drops To $5.7bn In One Month
Nigeria recorded $5.7bn foreign exchange inflow into the country in November 2020.
This was a drop from $6.47bn…
With Oil Past Peak, Shell Vows To Eliminate Carbon By 2050
Energy giant Royal Dutch Shell vowed to eliminate net carbon emissions by 2050, accelerating previous targets, as…
Philippine Cbank keeps key Rate At Record Low, As Expected
The Philippine central bank left key interest rates steady on Thursday, as expected, saying current monetary policy…
Nigeria Digital Identity Project On Course Despite Challenges’
As Nigeria steps up the goal of identifying every citizen within its shores, the Director-General of the…
Euro Zone Bond Yields Dip, Italy Turns Focus To Supply
Euro zone core bond yields inched lower in early Thursday trade as global markets focused on a dovish Federal…
Mastercard To Open Up Network To Select Cryptocurrencies
Mastercard Inc said on Wednesday it was planning to offer support for some cryptocurrencies on its network this…
Yellen Eyes Innovation To Battle Misuse Of Cryptocurrencies, Narrow Digital Gaps
U.S. Treasury Secretary Janet Yellen on Wednesday warned about an “explosion of risk” from digital markets,…
AstraZeneca Forecasts 2021 Growth After Fourth-Quarter Sales Beat
AstraZeneca on Thursday forecast 2021 revenue growth after the COVID-19 vaccine developer beat analysts’ estimates…
Oil Rallies With U.S. Supply Drop Further Draining Global Glut
Oil extended its longest winning streak in two years in New York as a decline in U.S. crude inventories further…
Asian Businesses Suffer Lunar New Year Blues Over Travel Curbs
From a skyway operator in Australia to a tourist guide on Indonesia’s resort island of Bali and a lion dance troupe…
Manufacturers Lament Hardship, Demand Policy Review On Forex Allocation
Manufactures in Nigeria have asked the Central Bank of Nigeria (CBN) to review policies around the allocation of…
Federal Executive Council Approves More Borrowings From Central Bank Of Nigeria
The Federal Executive Council (FEC) on Wednesday approved a new Medium-Term Debt Management Strategy (MTDS) for…
Analysis: Investors Lukewarm On Tesla’s $1.5 Billion Bitcoin Splurge
Investors in high-flying electric carmaker Tesla Inc are questioning whether Elon Musk’s $1.5 billion outlay into…
Stocks Making The Biggest Moves In The Premarket: Under Armour, Twitter, Bunge…
Coca-Cola (KO) – Coca-Cola reported quarterly earnings of 47 cents per share, 5 cents a share above estimates. The…
International Monetary Fund Sees Dangote Refinery’s Potential Of Bailing Nigeria…
The International Monetary Fund (IMF), the global financial watchdog is projecting that Nigeria’s Dangote Refinery…
How Nigerians Can Exploit China’s $22tn Market –Chinese Director
The Director, Centre for China Studies, Mr Charles Onunaiju, has said that Nigerians could exploit the huge…