Subsidizing Fossil Fuels Encourage Overuse Of Fuels: President Of World Bank Group
The President of the World Bank Group, David Malpass, has called against fossil fuel subsidies, adding that…
U.S. Beats China To Become Top Destination For Bitcoin Miners
The U.S. is now the number one destination for bitcoin miners, eclipsing China for the first time ever. While it…
BVN: Violators Will Be Sanctioned- Central Bank of Nigeria
The Central Bank of Nigeria has said in its revised regulatory framework for Bank Verification Number operations…
Nigerian Stock Exchange: Equity Market Gain N95.34 Billion
The equities market of the Nigerian Exchange Limited upturned the previous day’s loss with a N95.34bn gain on…
IHS To Become Largest African Company On Wall Street
An African operator of mobile phone masts, IHS Towers might become the largest Africa-focused company on Wall…
World Bank – Low Income Countries’ Debt Rose To $860bn In 2020
The World Bank on Monday said governments around the world responded to the COVID-19 pandemic with massive fiscal,…
CSOs Ask FG To ‘Urgently’ Investigate Nigerians Named In Pandora Papers
Civil society organisations (CSOs) have called on the federal government to begin investigation into persons and…
Nigeria’s Banking System Safe, Sound, NDIC Assures Despite Challenges
The National Deposit Insurance Corporation (NDIC) has declared that despite the devastating effects of the COVID-19…
Naira Stable, Trades N570/$1 At Parallel Market Weeks After CBN/AbokiFX Row
Nigerian naira on Monday opened the week’s trading at N570 per dollar at the market – as vice president Yemi…
More Ministers’ Sack Looms As Buhari Supervises Appraisal
There is the likelihood that President Muhammadu Buhari will sack more ministers when the ongoing performance…
Reasons FG Can’t Stop Fuel Subsidy Now – NNPC, Marketers, Experts
The Nigerian National Petroleum Corporation, oil marketers, and experts on Sunday explained why the Federal…
Stockbrokers To Chart Long-Term Financing Plan For Nigeria
Stockbrokers have concluded arrangements to support the government’s growth agenda by fashioning out a sustainable…
Oil, Gas Sectors Critical Part Of ESG Equation
ESG investing” has become incredibly topical with activist investors over the last couple of years, but while there…
Nationwide Strike Suspended by NNPC
Nigerian petroleum tanker drivers have suspended a nationwide strike that was due to start on Monday to give…
International Monetary Fund Board Decision Hangs Over Georgieva As Annual Meetings…
Data-rigging allegations against International Monetary Fund Managing Director Kristalina Georgieva were set to…
European Market Experienced Change After A Wavy Week
The pan-European Stoxx 600 hovered around the flatline in early trade, with travel and leisure stocks shedding 1.1%…
China’s Electric Car Startup Nio And Xpeng Reached 100,000 Production Within Six…
China’s electric car companies are racing to ramp up production, faster than Tesla did in its early days.…
Asia Shares Edged Higher, Rising Yields Lift Dollar As Oil Surges
Asian shares edged higher on Monday courtesy of gains in China which also helped U.S. stock futures pare early…
Nigeria Comes Sixth In Countries With Highest Exposure To Funds And Support From…
Nigeria has been rated sixth among the top 10 countries with the highest exposure to funds and support from the…
Nigerian Communication Commission Inaugurates Incidence Response Facility For…
The Nigerian Communications Commission (NCC) has inaugurated an incidence response facility, aimed at addressing…
Adiwale Partners Made Final Close Of It’s First Fund For Investment In…
Private equity firm Adiwale Partners has made a final close of its first fund, nearly two years after making a…
Citi Launch Holistic Digital Policy
Citi has launched its latest Global Perspectives & Solutions (Citi GPS) report, entitled: ‘’Holistic Digital…
Africa50 Launch $500 Million Infrastructure Acceleration Fund
Africa50, a pan-African investment platform, has launched $500 million Infrastructure Acceleration Fund to bridge…
Stone Three Get Funding From Venture Capital Firm “Knife Capital”
Cape Town-based Stone Three, an industrial internet of things (IoT) firm, has secured funding from venture capital…
AfricInvest Acquires Minority Stake In Royal Exchange General Insurance Company
AfricInvest, a leading Pan-African asset management company has announced the acquisition of a minority stake in…
Nigeria Seeks participation In Business Jet Services
Nigerian operators are seeking more participation in the global luxury travel market estimated to grow by $1,232.77…
Foreign Airlines To Reduce Number Of Ticket On Nigeria Route Due To Dollar…
As the naira crisis continues to worsen, foreign carriers operating in Nigeria have begun moves to reduce the total…
Crude Oil Benchmark “Brent” Rise To $82.39 Per Barrel
Crude oil prices settled higher on the back of tightened supply balances and a weak United States employment report…
Nigeria Equity Market Investors Gain N340.29 Billion
Investors in the Nigerian equities market earned N340.29bn as trading ended on the floor of the Nigerian Exchange…
Meituan Get $534.3 Million Fine From China’s State Administration for Market…
Meituan shares surged over 9% on Monday, leading China technology stocks higher, after the food delivery giant was…