China Is Still Falling Short Of Meeting An Agreement To Reduce Its United State…
China’s purchases of U.S. goods are still falling short of trade agreement levels, even as overall Chinese imports…
Naira Stable At Official, Black Markets
The naira closed at N504.00 per $1 on Monday.
Naira maintained stability against the U.S dollar at…
External Reserves Gain $76.5 Billion In Seven Days
In a curious twist of fate last week, there was a breather for the falling foreign exchange reserves. The figures…
When Debt Service Consumes 98% Of Revenue
Oil price climbed down to $68 per barrel last week after sailing pretty close to $80 in the frenzy of…
Bitcoin Briefly Tops $40,000 For First Time Since June As Cryptocurrency Rallies…
Bitcoin surged above $40,000 for the first time in nearly six weeks on Monday as sentiment turned bullish following…
Housing Boom Is Over In United State As New Home Sales Fall To Pandemic Low
Sales of newly built homes dropped in June to the lowest level since the early days of the coronavirus pandemic in…
United State Manufacturers Take A Double Hit From Labor And Materials
Calder Brothers Corp is under pressure to raise wages after rivals lured away some of its workers. A few others…
Ransomware Key To unlock Customer Data From Attack
A computer key that can unlock the files of hundreds of companies which were hacked in a large-scale cyber-attack…
Expert Urges Data Security Against $6tr Loss
Chief Executive Officer, Youverify, Dr Gbenga Odegbami, has advised individuals and companies to take data security…
Huawei To Invest $150m In Africa’s Digital Talent Development
Huawei has said it plans to invest $150 million in digital talent development over the next five years, which will…
Federal Government Of Nigeria Extends NIN-SIM Verification Again To October 31
The Federal Government has once again approved the extension of the deadline for National Identity Number…
After Crypto Market Woes, Central Bank Of Nigeria Considers ENaira Launch Oct
There are key expectations for the eNaira currency to be launched by the Central Bank of Nigeria (CBN) this October…
External Reserves Gain $76.5 Billion In Seven Days
In a curious twist of fate last week, there was a breather for the falling foreign exchange reserves. The figures…
VAT, Multiple Taxations Undermine Stock Market Performance
Barely two years after the resumption of Value Added Tax (VAT) to the stock market, investors have returned about…
U.S Federal Reserve Facing Twin Inflation, Growth Risks As Virus Jumps And Supply…
U.S. Federal Reserve divided over how to respond to fast-rising prices meets this week with the fresh complication…
After $4 Billion In Losses, Heathrow Tells UK To Open Up Travel
London's Heathrow Airport urged Britain to open up travel to vaccinated passengers after its recovery fell behind…
Three Stocks That Are Grabbing Our Attention
United Capital Plc is a leading financial services Group in Africa focused on leveraging technology to empower…
Court Restrains FG from Accessing N200bn Unclaimed Dividends
A Federal High Court sitting in Abeokuta has granted an interim order restraining the federal government from…
China Blames U.S. For ‘Stalemate’ In Ties As Talks Begin
China blamed the United States on Monday for a "stalemate" in two-way ties, accusing it of creating an "imaginary…
Stock Market Rebounds With N376bn Weekly Gain
Stock trading on the floor of the Nigerian Exchange Limited rallied with a total gain of N375.50bn last week…
Virtual Events Platform Eventtus Is Acquired By US Firm Bevy
Egyptian virtual events platform, Eventtus has been acquired by Bevy, a Silicon Valley-based company that…
Africa-Focused Credit Fund, BluePeak, Hits The First Close Of Its Maiden $200…
Africa-focussed alternative asset management firm BluePeak Private Capital has hit the first close of its maiden…
Egypt-Based Elmenus Raises US$10 Million In A Pre-Series C Round
Elmenus, an Egyptian food discovery and ordering platform, has secured US$10 million in a new funding round from…
Electric Vehicles Charging Station Debuts In Lagos
Vehicle electrification in Nigeria got a boost this week as the federal government commissioned another solar…
CBN Disburses N97.8b For Healthcare Projects
The Central Bank of Nigeria (CBN) has disbursed N97.8 billion out of the N100 billion lifeline it approved for the…
Ecobank Announces Zero Fees For Transactions On Rapidtransfer
In commemoration of this year’s National Diaspora Day event, Ecobank Nigeria is joining the rest of the country to…
N1.3tn Laundered Between 2011 And 2015 – Report
A civil society, YIAGA Africa has disclosed that Nigeria lost at least $582 billion to endemic corruption since…
Nigeria Puts Six States On ‘Red Alert’ Over Virus Fears
Nigeria has put six states and its capital on “red alert” over rising coronavirus cases, the government said late…
OPEC+ Set To Meet As Cartel Edges Toward End Of Standoff
OPEC and its allies will meet on Sunday, the latest sign that a bitter standoff between Saudi Arabia and the United…
Nigeria’s Inflation Rate Slows To 17.75% In June – Third Consecutive Decline…
The consumer price index (CPI), which measures the rate of change in prices of goods and services, dropped to 17.75…