MDAs Failed To Account For N1.2trn –FRC
The Fiscal Responsibility Commission has said ministries, departments and agencies of the Federal Government are…
Inflation Near 50% Puts Argentina On Path That Failed Before
Argentina’s new ban on exports of its famed beef won’t quell runaway inflation if previous interventions are any…
Why Foreign Direct Investment In Property Sector Dries Out
FDI into UAE climbs over 44% against UN estimates • ICPC: Over 800 properties worth $400m linked to PEPs • Malami:…
NASS Approves N74 Billion Budget For Police Trust Fund
The N74 billion budget captures all the demands of the fund which include training and retraining of personnel of…
Nigeria Lost U.S.$3.5 Billion To Ports Concession, U.S.$90.5 Million To Airports…
The House of Representatives yesterday said the country lost over $3.5 billion from the concession of 26 ports in…
Naira Gains On I&E Window
The local currency, naira strengthened against dollar on the Investors & Exporters’ (I&E) window,…
Onne Multipurpose Terminal Opens For Operations
The Onne Multipurpose Terminal has opened its doors for operations.
It commenced container operations…
Nigeria Governors Okay Full Deregulation Of Petrol, Over 100% Price Hike To N385
Ahead of Thursday’s Federation Accounts Allocations Committee (FAAC) meeting, the Nigeria Governors’ Forum (NGF) on…
World Bank’s IFC To Invest $2 Bln To Support Africa’s Recovery
The International Finance Corporation (IFC) said on Wednesday it was investing $2 billion to support small…
The Reinvention Of Canary Wharf
A splashy science campus is set to rise on a site once tagged for Deutsche Bank AG's London headquarters. A…
Bitcoin Struggles For Footing On Worries Over China, Leverage
Bitcoin regained some ground on Thursday from the previous session’s brutal slide to four-month lows but was…
Nigeria, Others To Receive Fresh $150b From World Bank
The International Finance Corporation (IFC) said on Wednesday it was investing $2 billion to support small…
Navy Blames NNPC Over Theft Of 200,000 Barrels Of Crude Oil
The Nigerian Navy yesterday exonerated itself from the loss of 200,000 barrels of crude oil to pipeline…
CDC expects Covid vaccine data on pregnant women this summer and on kids under 12…
Centers for Disease Control and Prevention officials said Wednesday they are expecting data from trials testing…
Ford to halt production of F-150, Bronco Sport and other vehicles due to chip…
DETROIT – Ford Motor will halt or cut production at eight North American plants for varying periods of time…
Apple’s Head Of Software Admits Macs Have An Unacceptable Amount Of Malware
Apple’s head of software, Craig Federighi, said in court on Wednesday that Apple is not pleased with the amount of…
Cisco Returns To Growth But Disappoints On Earnings Guidance
Cisco shares fell 6% in extended trading on Wednesday after the data center networking hardware maker said it…
Apple’s new iPad Pro Is Super Powerful And Has An Amazing Screen, But The iPad Air…
I’ve been testing Apple’s new 12.9-inch iPad Pro for the past week or so.
It might look similar to the last…
Bill Miller Isn’t Fazed By The Bitcoin Drop And Says The Volatility Is ‘Pretty…
Longtime bitcoin bull and big holder Bill Miller on Wednesday downplayed the cryptocurrency’s recent wild…
Tom Lee Says Stocks May Be Primed For A Big Rally. Here’s why
Tom Lee told CNBC on Wednesday he sees conditions in the market that could help spark a rally in stocks, as…
Crypto And Market Volatility Got You Rattled? These Stocks Are A Smooth Ride
Volatility in the cryptocurrency and stock market is spooking investors but a handful of stocks could offer…
Squarespace CEO is worth $2.4 billion after web company he built in college debuts…
By 2010, Anthony Casalena was seven years into bootstrapping his start-up Squarespace, which he’d grown from a…
Netanyahu Determined To Carry On With Gaza Military Offensive Despite Pressure For…
Israeli Prime Minister Benjamin Netanyahu on Wednesday said he was determined to continue the bombardment of…
Lumber Futures Swing 10% In Wild Session As Speculative Frenzy Ends
Lumber futures gyrated in wild trading on Wednesday as traders struggled to determine if a recent pullback in…
Peter Thiel is backing a rival to Elon Musk’s brain implant company
Palantir co-founder and venture capitalist Peter Thiel has invested in a company that’s putting computer chips…
Amazon says vaccinated workers can ditch masks starting next week
Amazon said Wednesday it will soon stop requiring face masks for fully vaccinated workers inside warehouses, except…
TuSimple says its self-driving trucks shaved 10 hours off a 24-hour run
Autonomous vehicle company TuSimple on Wednesday claimed that its trucks shaved 10 hours off what’s normally a…
Elon Musk tweets ‘diamond hands’ emoji amid bitcoin drop, implying Tesla won’t…
Tesla CEO Elon Musk doesn’t appear to be shying away from bitcoin, despite the crypto-wide sell-off, which cut the…
Sterling Shrugs At Rising Inflation, Hovers Below $1.42
Sterling turned slightly lower against a recovering dollar and hit its lowest in more than a week against the euro …
Crypto Tumble Wipes US$600 Billion Off Digital Tokens In A Week
Virtual currencies are retreating so broadly and sharply, it’s testing the durability of the cryptocurrency boom.…