Nigeria Taps StanChart To Replace China Loans For Rail Projects
Nigeria’s government is in talks with Standard Chartered Plc about arranging funding for two rail projects expected…
Asian Currencies Inch Higher Ahead Of U.S. Inflation Data
Asia's emerging market currencies crawled higher on
Thursday as investors awaited a crucial U.S. inflation report…
China’s Central Bank Governor Sees Inflation Below Target
China’s central bank Governor Yi Gang said consumer inflation is expected to stay under 2% this year, below the…
Inflation, Hunger Loom Over Fresh Strike By Food Sellers
The Amalgamated Union of Food Stuff and Cattle Dealers of Nigeria (AFUCDN) has threatened to cut the supply of…
Story From Markets Bitcoin Peeps Above $38K On Basel News
Bitcoin hit highs above $38,000 on Thursday after the Basel Committee’s proposal gave banks a green light to hold…
Buhari Defends $1.9bn Nigeria-Niger Republic Railway Project
The President, Major General Muhammadu Buhari (retd.), has defended his decision to construct railways and roads…
ECB To Keep Money Taps Wide Open Even As Recovery Takes Hold
The European Central Bank is all but certain to maintain a generous flow of stimulus when policymakers meet on…
Trade Between Nigeria, South Africa Hits $2.9b In 2020
Nigeria’s mission in South Africa issues 10,341 passports in 15 months Despite concerns about xenophobia between…
Nigeria Now Wants Twitter, Others Registered Before Talks On Ban
Nigeria has gone a step further in its logjam with microblogging platform Twitter, insisting there will…
Emefiele: Local, Foreign Banks Invested $10b In Dangote Refinery
Nigerian banks and their foreign counterparts invested between $9 billion and $10 billion in the Dangote Refinery,…
Nigeria To Borrow $1.76 Bln For Security Spending –FinMin
Nigeria plans to borrow 722.53 billion naira ($1.76 billion) from domestic capital markets for additional security…
Reps Direct CBN To Urgently Check Further Devaluation Of Naira
The House of Representatives on Wednesday directed the Central Bank of Nigeria (CBN) to urgently put in…
Canada FX Debt-Canadian Dollar Slips As Greenback Broadly Gains Ground
The Canadian dollar fell against
its broadly stronger U.S. counterpart on Tuesday, but stayed
within its recent…
BDC Directors Pledge Support For Exchange Rate Stability
Bureaux De Change (BDC) directors have reiterated their commitment to ensuring stable exchange rate in…
Stock Futures Rise As Investors Await key Inflation Report
Futures contracts tied to the major U.S. stock indexes rose during the overnight session Wednesday evening as…
IBM Tells U.S. Employees They Will Return To The Office In September
IBM’s U.S. employees will go back to the office the week of Sept. 7, according to a memo sent to staff this week…
Cramer Likes Chevron And Pioneer Natural Resources As Energy Names
While CNBC’s Jim Cramer continues to avoid fossil fuel stocks, there are a few oil names he likes.
The “Mad…
Virtu Financial CEO Says Meme Stock Frenzy Not Solely Driven By ‘A Band Of Retail…
The frenzied activity involving so-called meme stocks is being driven by more than just retail investors, the CEO…
Here Are The Most Important New Changes Coming To Your iPhone This Fall
Apple’s iOS 15 update will bring lots of new features to your iPhone when it launches this fall. Apple…
UBS Says Buy These Cheap Stocks With Pricing Power Amid Higher Inflation
Inflation is expected to increase throughout the summer as the economy rebounds while experiencing supply…
Amazon Has Signed Up Multiple Companies To Its Telehealth Service, Executive Says
Amazon has attracted multiple companies that are interested in using its telehealth service, known as Amazon Care,…
Biden Revokes And Replaces Trump Executive Orders That Banned TikTok
President Joe Biden signed an executive order on Wednesday that sets criteria for the government to evaluate the…
Two Things Could Trigger The Next Financial Crisis, Says Veteran Strategist David…
Stocks are nearing the end of a bull run and the next major market meltdown may not be far away, said a top…
Co-manager Of The Winning Oakmark Select Fund Sees Value In This Payments Stock
Oakmark Funds portfolio manager Tony Coniaris told CNBC on Wednesday that Fiserv has become one of his new…
Hot Inflation May Have Become Scorching In May And Is Expected To Hit A 28-Year…
Inflation has been warming up this spring, and it’s expected to hit historical levels for the month of May.…
More Than 2.3 Million New Stimulus Checks Have Been Sent. Here’s Who Will Get The…
More than 2.3 million new stimulus checks have been sent, representing over $4.2 billion in payments to…
Facebook Extends Its Work-at-Home Policy To Most Employees
Facebook CEO Mark Zuckerberg announced Wednesday that the company will allow all full-time employees to work from…
Nigeria Coconut Market Worth Over $6 Billion – Minister
The Minister of State Industry Trade & Investment, Marian Katagum, has advised coconut farmers to harness the…
Buy Pound To Dollar Rate, Target 1.4585 Say MUFG
MUFG expects that the UK economic recovery will continue to gain traction with expectations of a Bank of England…
Ahead Of Next Treasury Bills Auction Scheduled For 9th Of June 2021
The Central Bank of Nigeria (CBN) will hold a Treasury Bills (T-Bills) Primary Market Auction (PMA) on the 9 th of…