Sterling Holds Ground As UK Inflation Ticks Higher
"CPI isn't a story that will be driving sterling in the short term", said Jeremy Stretch, a foreign exchange…
FG Admits Revenues Crashing, Says Nigeria Faces Hard Times
The Minister of Finance, Budget and National Planning, Zainab Ahmed, on Monday admitted that Nigeria’s economy was…
NEWS WIRE Investing 9h Ago China’s Yuan Adds Renewed Momentum To Global Reflation…
China’s yuan is overvalued, and that could end up stoking global inflation.
The yuan ranks as the most…
HSBC: Buy The Euro, Sell The Pound As UK Good Vaccine News Priced In Say HSBC
Euro-to Pound (EUR/GBP) losses during the first quarter of 2021 were driven by the UK vaccine programme, but HSBC…
ABCON Seeks Measures To Boost Diaspora Remittances
The Association of Bureaux De Change Operators of Nigeria (ABCON) has called on the Central Bank of Nigeria (CBN)…
Inflation Rate: The 18.17% Rise Of A Monster
Nigeria's March 2021 inflation rate of 18.17% has riled analysts as the economy gets caught in deep undercurrents.…
ABCON Calls On CBN To Check Cryptocurrencies’ Impact On Diaspora Remittances
The Association of Bureaux De Change Operators of Nigeria (ABCON) has charged the Central Bank of Nigeria (CBN) to…
Local Currency Sells For N410.33/$ At I&E
The exchange rate of the Naira against the United States Dollar at the Investors and Exporters (I&E) window of…
CANADA FX DEBT-Canadian Dollar Notches 1-Month High Ahead Of Federal Budget
The Canadian dollar strengthened to a one-month high against its U.S. counterpart on Monday, as the greenback…
Dollar Slide Extends
Overview: The selling pressure on the greenback, evident last week, despite a series of stronger than expected…
Oil & Gas: Nigeria To Account For 23% Of Projects In Africa By 2025 –…
Nigeria may account for 23 percent of all oil and gas projects in Africa within the next four years, a report by…
Nigeria’s Commercial Hub Sets Up Anti-Graft Body To Investigate Officials
Lagos state, which is home to Nigeria’s commercial hub, set up an anti-corruption agency to investigate…
Currency In Circulation Hit N2.8tn In March – CBN
Currency in circulation rose by N29bn to N2.81tn as of the end of March from N2.78tn as of the end of February, the…
Bolt Reacts As Drivers, Uber Operators Begin Strike
Bolt and Uber drivers began a strike on Monday to demand an upward review of the fares charged by the…
China Leaves Lending Benchmark Rate Steady For 12th Straight Month
China kept its benchmark lending rate for corporate and household loans steady for the 12th straight month at its…
Bank Of England Joins Global Peers Exploring A Digital Currency
Britain’s Treasury and the Bank of England are weighing the potential creation of a central bank…
UK Banks Launch 95% Mortgages: Everything You Need To Know
A new government-backed mortgage scheme has launched in the UK which will help first-time buyers, or current…
Sterling Bank Launches Mobile POS Solution
Sterling Bank Plc has launched a product called ‘OnePay for Business’, a mobile app that empowers merchants to use…
Autoshow Chip Shortage Casts Shadow On China’s Auto Industry Recovery
Auto industry executives are rattled by a global shortage of semiconductors which is hitting production in China,…
Coca-Cola Revenue Rises Past Estimates On Easing Pandemic Curbs
Coca-Cola Co trounced Wall Street estimates for quarterly revenue on Monday, fueled by strong demand for its…
Arizona Mining Fight Pits Economy, EVs Against Conservation, Culture
Early last year, Darrin Lewis paid $800,000 for a hardware store in a tiny Arizona town where mining giant Rio…
Harley-Davidson Boosts Sales Forecast As Quarterly Shipments Rise
U.S. motorcycle maker Harley-Davidson on Monday reported a 10% rise in first-quarter revenue and raised it…
European Shares Hit Highs As Markets Upbeat About Recovery Prospects
World shares traded near record highs on Monday, as markets were generally upbeat about the prospects for a global…
U.S. Banks Deploy AI To Monitor Customers, Workers Amid Tech Backlash
Several U.S. banks have started deploying camera software that can analyze customer preferences, monitor workers…
Firm Begins Construction Of 350 Housing Units
Brains and Hammers Limited, a real estate company, has commenced the construction of 350 units of four-bedroom…
Insurance Of The future’ll Be Digital, Says Leadway
Insurance companies that want to remain relevant in the nearest future must consciously create digital channels…
China NDRC Approves 16 Fixed-Asset Investment Projects Worth $6.96 bln In Q1
China's state planner said on Monday that it approved 16 fixed-asset investment projects worth a total of 45.4…
Dollar Pinned Near One-Month Low Amid Subdued U.S. Yields
The dollar was pinned near a one-month low to major peers on Monday, with Treasury yields hovering near the lowest…
Goldman Sachs Invests $69 Million In Britain’s Starling Bank
British digital bank Starling said on Monday that Goldman Sachs (GS.N) had invested 50 million pounds ($69 million)…
ABN Amro To Settle Money Laundering Probe For $574 mln
Dutch bank ABN Amro on Monday said it had reached a 480-million-euro ($574 million) settlement with prosecutors in…