Coffee Prices Surge As Unusual Cold Threatens Brazilian Production
Arabica coffee prices rose 10% more on Monday, after jumping nearly 20% last week, to their highest in…
‘They’ve Turned Into Money Laundering Agents’ — Central Bank Of Nigeria Bans Sale…
The Central Bank of Nigeria (CBN) says it has stopped sale of foreign exchange (FX) to Bureau De Change (BDCs)…
Sterling Dips Against Dollar As Stocks Slide
LONDON (Reuters) - Sterling dipped against the dollar on Tuesday as global stock markets sank led by a heavy…
London Judges Agree To Reopen $7 Billion Brazil Dam Lawsuit Against Anglo Mining…
London's Court of Appeal agreed on Tuesday to reopen a major lawsuit against Anglo-Australian mining giant BHP, …
MPC Likely To Hold Rates
The monetary policy committee (MPC) meets today and tomorrow. At its last meeting held in May,…
One Dead, Four Missing After Explosion Rocks German Chemicals Site
One person is dead and four are missing after an explosion rocked an industrial park in the western German city of…
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…