World Bank economist warns countries against excessive borrowing
Delays in dealing with the growing debt burden in poor countries seem unlikely to be resolved by the G20, a top…
Buhari appoints Bello-Koko substantive NPA’s managing director
President Buhari has approved the appointment of Mohammed Bello Koko as the substantive managing director for the…
EU Pledges €44 Million To FG’s Jubilee Fellows Scheme For Young Graduates
The European Union has announced a pledge of €44 million for Nigeria’s Jubilee Fellows Programme (NJFP). A youth…
COREN moves to reposition engineering education
The Council for the Regulation of Engineering in Nigeria said it is adopting an Outcome-Based Education (OBE)…
Bankers In Nigeria May Declare Assets As Senate Moves To Amend 35-Year-Old BEDA…
The senate on Tuesday considered a bill seeking to amend the 35-year-old Bank Employees Declaration of Assets…
Flutterwave Now Worth Above $3bn After Securing Fresh $250m Funding
Flutterwave says it has raised another $250 million in Series D funding, valuing the company at over $3 billion as…
Bitcoin Spikes To $44,500 Amid Fresh Warning Over ‘Exceptionally High’ Stocks…
Bitcoin (BTC) passed $44,500 at the Wall Street open on Feb. 15 with traders compounding overnight enthusiasm.…
NRC, firm unveil railway advertising platform
The Nigeria Railway Corporation, in collaboration with B2YB, an advisory and consultancy firm, has launched its…
FG, Ogun distribute free CAC certificates to MSMEs
Federal Government in partnership with Ogun State Government commenced the distribution of free Corporate Affairs…
Ericsson Shares Fall 9% On Iraq Corruption Probe
Shares of Ericsson fell 9% on Wednesday after the Swedish telecom gear maker disclosed results of an internal…
Facebook To Pay $90 Million To Settle Privacy Lawsuit
Facebook agreed to pay $90 million to settle a decade-old privacy lawsuit accusing it of tracking users' internet…
Inflation Hits Louis Vuitton, Price Tags Going Up
Louis Vuitton, LVMH’s top fashion brand, will raise prices globally on Wednesday as a result of increased…
U.S. Actor Zack Avery Steals $650M From Investors
American actor Zachary Horwitz, professionally known as Zach Avery, swindled investors of $650 million in a huge…
Virgin Galactic Stock Rises As Spaceflight Ticket Sales Open With $150,000 Deposit
Space tourism company Virgin Galactic announced Tuesday that it will open ticket sales to the public on Wednesday,…
BOI Raises €700m Eurobond To Help Businesses With Financial Supports
The Bank of Industry (BOI) has raised a €700 million eurobond to provide funding for the growth of businesses in…
Bitcoin And Ether Rise As Ukraine-Russia Tensions Appear To Ease
Cryptocurrencies rose on Tuesday with U.S. stock futures as tensions between Ukraine and Russia appeared to be…
Reps approve Customs’ N369bn budget, raises revenue target by N965bn
The House of Representatives Committee on Customs and Excise has approved a budget with estimates totalling…
N’Assembly– FCT loses N800bn annually to fraudulent estate developers
The House of Representatives ad hoc committee has condemned the illegal activities of real estate developers in…
FG plans more gas exports to Europe, EU supports Nigeria with N385bn
The European Union under its Gateway Initiative has said that it will invest about 820m euros in the Nigerian…
LCCI: CBN’s RT200 FX scheme commendable but needs right mechanisms to thrive
Lagos Chamber of Commerce and Industry says the newly introduced forex repatriation scheme needs adequate…
NBS: Telcos lost 12.3m internet subscribers in 2021
Nigeria’s internet users dipped by 7.99% to 141.9 million as telecoms operators lost 12.3 million data subscribers…
Power transmission to increase by 1,487MW as TCN gets 15 new transformers
The Transmission Company of Nigeria says it has taken delivery of 15 brand new power transformers.
The…
African Union to receive $11.48 million grant from the African Development Fund
The African Union Commission set to receive a grant to the tune of $11.48 million from the African Development…
Nigeria’s Inflation Rate Drops To 15.60% In January
The consumer price index, which measures inflation increased to 15.60 percent year-on-year in January 2022.
This…
IMF Tells Nigerians— ENaira Better Than Bitcoin, Ethereum, Others
The International Monetary Fund has declared central bank digital currencies like eNaira are a better bet than…
100WF wants more women in Nigeria’s finance industry
A global organisation, 100 Women in Finance, has called for greater participation of women in the Nigerian…
CBN seeks to increase credit to agricultural sector
CBN Governor Godwin Emefiele has hinted at plans to increase credit to the agricultural sector.
He disclosed…
Russia’s Yandex Eyes $6.5 Bln Annual Revenue In 2022 After FY Profit Slip
Russian internet giant Yandex on Tuesday reported a 55% decrease in adjusted net income in 2021 but said it expects…
India Bans 54 More Chinese Apps Over Security Concerns
Spurred by security concerns, India has blocked access to 54 mobile apps, mostly of Chinese origin, among them the…
Intel Buying Israeli Chipmaker Tower Semiconductor For $5.4 Billion
Intel Corp signed a deal to buy Israeli chipmaker Tower Semiconductor for $5.4 billion, the companies said on…