CIBC CEO Calls For Policies To Boost Housing Supply As Prices Surge
Canadian Imperial Bank of Commerce Chief Executive Victor Dodig urged policymakers to focus on measures to boost…
A Basic Knowledge Of The Nigerian Stock Exchange Demutualisation
The recent news of the demutualisationof the Nigerian Stock Exchange flooded the markets with great excitement…
Sumeru Equity Leads $100 Million Funding In Canada-Based Tasktop
Tasktop Technologies Inc said on Thursday it had raised $100 million in a funding round led by technology-focused…
UAC Records N7.1Bn Capital Returns To Shareholders
UAC Plc has recorded capital returns of N7.1 billion for its shareholders in the audited financial year ended…
NSE Resumes From Easter Holidays With N78bn Loss
The Nigerian stock market resumed after the Easter public holidays on Tuesday with a loss of 0.39 per cent due to…
Microfinance Banks Seek Extension Of Recapitalisation Deadline
Microfinance banks in Nigeria will not be able to meet up with recapitalisation requirement of the Central Bank of…
Nasdaq Futures Gain 1% Ahead Of Weekly Jobless Claims Data
Futures tracking the Nasdaq jumped about 1% on Thursday, as tech-related stocks climbed ahead of weekly jobless…
China’s Capital Envisages 10,000 Fuel Cell Vehicles By 2025
The city of Beijing aims to have over 10,000 fuel cell vehicles on the road and build 74 hydrogen filling stations…
Europe Should Invest In Chip Design, Not A Mega-Fab: Think Tank
Europe’s ambition to make the most powerful computer chips risks wasting billions of euros, a German think tank…
Dollar Trades Near Two-Week Low As U.S. Yields Fall
The U.S. dollar traded near its lowest in more than two weeks versus major peers on Thursday, tracking Treasury…
Cut The Debt Of Poor Countries, Pope Tells IMF, World Bank
Pope Francis has told world financial chiefs that poor countries hit by the economic impact of the coronavirus need…
World Leaders Are Making Progress On A Huge Global Tax Overhaul
For years, world leaders have been trying to…
Kano NLC Suspends Proposed Strike, Accepts N18,000 Minimum Wage
Nigeria Labour Congress (NLC) has suspended its proposed industrial action after accepting the Kano State…
Where Tech And Tradition Meet For Smart Investing
The physical restrictions of the coronavirus pandemic have hammered home to us all just how much we need digital…
Jaiz Bank’s Profit Rises By 45%
Jaiz Bank Plc, a non-interest bank in Nigeria, said its profit before tax rose by 45.31 per cent to N3.07bn as of…
London Stock Exchange Investigating Refinitiv Data Outage
The London Stock Exchange Group said on Thursday it was investigating a lengthy outage at its newly-acquired…
China EV Battery Maker Octillion Looks To Cash In On Carbon Neutral Drive
China’s push towards carbon neutrality as well as its growing manufacturing might will allow electric vehicles (EV)…
Value Of Naira Against Dollar Worsens At I&E
The Naira extended its depreciation against the US Dollar at the Investors and Exporters (I&E) window of the…
Dangote Launches Drivers’ Training Centre To Curtail Crashes
As part of measures to curb road traffic crashes (RTC), the Dangote Cement Plc has launched a drivers’ training…
Brexit Weighs On French Exports To Britain In February – Customs Office
French exports to Britain picked up 4% in February but were still at only 84% of the monthly average of the second…
Sujimoto Plans 80 Projects Worth $10bn By 2030
The Managing Director/Chief Executive Officer of Sujimoto Group, Sijibomi Ogundele, has disclosed his company’s…
Pensioners May Picket Airports Over Payment Disparity
The Nigerian Union of Pensioners, Federal Airports Authority of Nigeria branch, has concluded plans to embark on a…
Nigeria Generated $150m From Coconut Oil In 2020 – Minister
The Minister of Agriculture and Rural Development, Sabo Nanono, on Wednesday in Benin disclosed that Nigeria…
World Bank To Address Nigeria, Poor Countries’ Debt Overhang
The President, World Bank Group, Mr David Malpass, said the group is working actively in collaboration with the…
Petrol Right Pricing, VAT Hike To Increase Govt Revenue – Dangote
President of Dangote Group, Alhaji Aliko Dangote, on Wednesday said government could not function without tax…
Central Bank Nigeria Freezes 11 Bank Accounts
The Central Bank of Nigeria on Wednesday said it got an order from the Federal High Court, Abuja division, to…
Prosus Nets $14.6 Billion From Sale Of Tencent Stake
Amsterdam-based technology investor Prosus NV has netted $14.6 billion from the sale of a 2% stake in Tencent…
MacBook, IPad Production Delayed As Supply Crunch Hits Apple – Nikkei
-Production of some of Apple Inc’s MacBooks and iPads has been postponed due to a global component shortage, the…
Uniqlo Owner Posts 23% Jump In HY Profit, Raises Annual Profit Estimate
Japan’s Fast Retailing, the owner of clothing brand Uniqlo, on Thursday reported a 23% jump in half-yearly…
Analysis: White House, U.S. Companies Could Agree On 25% Tax Rate, Officials,…
President Joe Biden has championed raising the U.S. corporate tax rate to 28% from 21% as the main way to fund his…