Banks’ Non-Performing Loans Rise To N1.5Tn
The non-performing loans in the banking sector rose by N333bn as of the end of the third quarter of 2020 to N1.5tn…
CBN Cancels Commodity Exchange Privatisation, Invests N50 Billion
In the next 90 days, the Nigerian Commodity Exchange (NCX) will be repositioned to boost production of farmers.…
Foreign Reserves May Dip Below $30Bn –Analysts
As the Central Bank of Nigeria(CBN) puts the current level of the nation’s external reserves at $36.39 billion,…
UBN, Transcorp Top Trades On NSE As Index Drops 0.13%
Union Bank of Nigeria (UBN) Plc, Transcorp and UBA Plc were the most active stocks yesterday as the stock market…
Investors Gain N1.13 Trillion In January, As Equities Record Early Boom
Despite the prevailing economic downturn and the devastating effect of the COVD-19 crisis, the Nigerian stock…
Wall Street Ends Up Sharply, Led By Gains In Tech Shares
U.S. stocks ended sharply higher on Monday, led by gains in technology shares after last week’s steep market…
Robinhood CEO Explains To Elon Musk Why His Platform Restricted Trading Last Week
The co-founder of Robinhood took to invitation-only audio chat app Clubhouse to defend the investment…
Republicans Push For $1,000 Stimulus Checks. Here’s Who Would Qualify For The…
The next Covid stimulus checks could be smaller than $1,400 and reach fewer people if a new plan put forward by…
Marvel TV Show Set In Wakanda Coming To Disney+ As Part Of 5-Year Deal With ‘Black…
Disney is adding another TV show to its already stacked slate of Marvel content in development for Disney+.
On…
As U.S. Warns On Withdrawal, Data Shows Taliban Attacks Climb In Past Year
The number of attacks in Afghanistan by the Taliban in the last quarter of 2020 were higher than the same period…
Democrats Ready $1.9 Trillion Budget Measure For COVID Relief: Schumer
U.S. Senate Majority Leader Chuck Schumer said on Monday that congressional Democrats would file a $1.9 trillion…
Ford And Google Sign Six-Year Deal For In-Car Connectivity And Cloud Services
Ford and Google are entering a six-year deal that will make the tech giant responsible for much of the…
Biden Official Says Some Doctors Are Holding Back Needed Covid Vaccine Doses As A…
Some health-care providers have been regularly holding back Covid-19 vaccine doses to ensure there will be supply…
U.S. Factory Activity Cools Amid COVID-19 Flare-Up
U.S. manufacturing activity slowed slightly in January, while a measure of prices paid by factories for raw…
WBA, IBF, WBO, WBC Unification Fight: Joshua Either Stops Fury Early Or Is Knocked…
Former British and Commonwealth light-heavyweight boxing champion, Peter Oboh, has said it will be difficult to…
Nigeria: Strengthening The Public University System
The Academic Staff Union of Universities (ASUU) was founded in 1978 as an educational trade union to act as a…
COVID-19: Why Pfizer Vaccine Is Delayed –FG
The Federal Government blamed the delay in the arrival of the first batch of 100,000 doses of the Pfizer/BioNTech…
Trump Says Hires New Impeachment Defense Lawyers
Former US President Donald Trump announced Sunday that he had hired two new lawyers to head his defense team for…
Nigeria: Labour Pushes For 40 Per Cent Reduction In Electricity Tariffs
There is a stalemate in the push for electricity tariffs reversal championed by Organised Labour.
Labour is…
Nigeria: Presidency Keeps Mum As IG, Adamu, Retires Today
Will President Muhammadu Buhari replace the Inspector-General of Police, Mr. Mohammed Adamu, who is billed to…
Nigeria: 2023 Igbo Presidency Campaigners Form Coalition
Campaigners for Nigerian President in 2023 from the South-East Zone, at the weekend, formed a coalition to deepen…
Nigeria: Buhari Fails To Summon Police Council Meeting, IGP’s Tenure Ends Today
The President, Major General Muhammadu Buhari (retd.), has failed to summon a meeting of the Nigeria Police Council…
Nigeria: NCC Moves To Curb Data Depletion, Faulty Deductions
The Nigerian Communications Commission (NCC) has stepped into all cases of data depletion and wrong deductions of…
Finance Act (2020): Fallacies In FIRS’ New Powers Over SMEs
IT is no longer news that the Finance Act (2020), which was signed into law on December 31, 2020 by President…
Banking Gearing Up For Major Restructuring
The banking sector is experiencing a paradigm shift with traditional banks facing stiff competition from new…
CBN’s Free Meal And Rising Fiscal Complacency
No penalty on earth will stop people from stealing if it is their only way of getting food,” says Raphael Nonsenso…
External Reserves Hit $36.39bn On Improved Crude Oil Price
The external reserves stood at $36.39bn as of January 27, the latest figures from the Central Bank of Nigeria…
CAP Posts N8.7bn Revenue In 2020
Chemical and Allied Products Plc (CAP) has announced that its revenue grew to N8.7 billion in 2020 from N8.4…
Equity Market Closes January Bullish, Gains N1.13Tn
Trading activities on the floor of the Nigerian stock market finished the month of January impressive to emerge the…
San Francisco Businesses Teeter On The Brink After A Year Of Lockdowns, Fires And…
In late October, when San Francisco moved into California’s least-restrictive Covid-19 “yellow tier” —…