NIH Panel Refutes FDA’s Claims Of The Benefits Of Coronavirus Plasma Treatment
A panel of experts convened by the National Institutes of Health said Tuesday there is “insufficient data” to show…
The U.S. Dollar Could Be In A Decade-Long Decline
The dollar has entered a downward cycle it may not crawl out of for a decade.
The dollar has been weakening…
Federal Health Advisors Predict Four Coronavirus Vaccine Trials Backed By U.S.…
A top group advising U.S. health officials predicted Tuesday that four late-stage coronavirus vaccine trials backed…
GM CEO Mary Barra To Meet With Ivanka Trump On Wednesday
DETROIT – General Motors CEO Mary Barra is scheduled to meet Wednesday with White House adviser Ivanka Trump at the…
Nigerian Independents Tackle Market Volatility
Since the Federal Government of Nigeria enacted its Local Content Law in 2010, several indigenous operators – Atlas…
Euro Breaks Through $1.20 As Dollar Sell-Off Gathers Pace
The euro broke through the $1.20 mark for the first time since 2018 on Tuesday and the dollar slipped to a…
Virgin Atlantic, Eyeing Approval Of Rescue Deal, Restarts More Routes
Virgin Atlantic will resume flying to Delhi, Tel Aviv, Atlanta, Mumbai and Lagos from London in September as travel…
The Oil Price And Production Paradox
Nigeria's public finances work well when oil prices are above US$50.00/bbl (better still, above US$60.00/bbl).…
Nigeria Naira Firms 9.7% On Black Market On Plans To Sell FX To Currency Operators…
The Nigerian currency firmed sharply on the black market on Tuesday, gaining 9.65% to 435 naira against the U.S.…
Here are Tuesday’s biggest analyst calls of the day: Apple, Zoom, Chipotle, Penn…
Here are the biggest calls on Wall Street on Tuesday:
BTIG upgraded Zoom to buy from neutral
BTIG upgraded the…
Tech Investor Who Got In Early On The Cloud Software Boom Discusses What Happens…
A View from the Top is a Q&A series exclusively available on CNBC Pro. CNBC reporters will regularly speak with…
Analyst Raves Over Penn Gaming-Barstool, Sees 46% Upside: ‘Don’t Bet Against…
Penn National Gaming’s investment in David Portnoy’s Barstool Sports is nothing short of brilliant, pairing one of…
Samsung’s New $1,999 Folding Phone Launches On Sept. 18
Samsung on Tuesday announced that its new folding phone launches on Sept. 18 for $1,999. It will be sold by all of…
Expect Trump To Talk Less And Less About The Pandemic The Closer He Gets To The…
At a daily press briefing originally designed to update the public on the coronavirus outbreak ripping through…
52 Former Franchisees Sue McDonald’s For Racial Discrimination
More than 50 former McDonald’s franchisees are suing the fast-food giant for racial discrimination, alleging it…
Coronavirus Cases Are On The Rise Again Across More Than Half Of The U.S.
Coronavirus cases are rising across more than half of the nation even as the outbreak slows across former hotspots…
Nigeria: Adesina Sworn-In For Another Term As AfDB President
Dr Akinwunmi Adesina has been sworn as President of the African Development Bank (AfDB), to serve another five-year…
Delta, American Drop Domestic Change Fees, Following Move By United
Delta Air Lines and American Airlines said Monday they are dropping domestic change fees, mirroring an announcement…
House Panel Opens Probe Of White House Trade Advisor Navarro After Abrupt…
A House Oversight subcommittee has opened a probe of all federal contracts negotiated by White House trade advisor…
Trump Heads To Politically Crucial Wisconsin Amid Violence, Racial Unrest
Despite entreaties to stay away, President Donald Trump heads to Kenosha, Wisconsin on Tuesday to highlight his…
JPMorgan’s Tusa Gets More Negative On GE: ‘We See Little Equity Value Here’
General Electric has a bumpy road ahead and won’t be seeing a “V-shaped” recovery, JPMorgan analyst Stephen Tusa…
Portland Mayor Urges Restraint, Renunciation Of Violence After Fatal Shooting
Officials in Portland, Oregon, said on Sunday they were braced for an escalation of protest-related violence that…
Canada To Purchase 76 Million Doses Of Novavax Coronavirus Vaccine
American vaccine developer Novavax announced Monday that it’s reached an agreement in principle with Canada to…
Businesses May Not Normalise Till August 2021
Businesses and brands, hoping to return to ‘winning ways’ soon, after the devastating effects of the COVID 19…
Coronavirus Cases Climb In The Midwest As More States Report Growing Outbreaks
Coronavirus cases in the Midwest are beginning to increase following warnings from top U.S. health officials that…
External Reserves Reverse Negative Trend, Rises To $35.7bn
The nation’s external reserves, last week, rose (though slightly) for the first time in 12 weeks, to $35.66…
Stocks Making The Biggest Moves Midday: Apple, Tesla, Beyond Meat, Amazon &…
Apple — Shares rallied 3.5% as its long-awaited 4-for-1 stock split took effect. That gain made the tech giant the…
Not A Single Foreigner Invested In Nigerian Bonds In Q2
Not a single foreigner invested in Nigerian bonds in the second quarter of 2020.
For the first time in more than…
Banks’ Credit to Private Sector Rises to N30.189tn
Banking sector’s credit to the private sector rose by N757 billion or 2.57 per cent to N30.189 trillion as of July…
Speculators Lose As Naira Sells At N460 On Black Market
Currency speculators are losing as much as N20 with the dollar trading at N460 as at 3:00pm on Monday across Lagos…