Microsoft To Invest $1 bln In Malaysia To Set Up Data Centres – Malaysian PM
Microsoft Corporation will invest $1 billion over the next five years in Malaysia as part of a new partnership…
Credit Suisse Serves Investors Thin Gruel As Wall Street Feasts On Deals
While Wall Street rivals feast off a boom in trading and deals, Credit Suisse is stuck in limbo.
The collapse of…
ESR, GIC To Buy Australian Logistics Property Portfolio From Blackstone For $2.9…
Logistics real estate manager ESR Cayman Limited (1821.HK) said it will join with Singaporean sovereign wealth fund…
Make Us Pay Agents For Diaspora Remittances – BDC Operators Tell Central Bank Of…
The Association of Bureaux de Change Operators of Nigeria (ABCON) has asked the Central Bank of Nigeria (CBN) to…
Zamfara Govt Expends N2.9bn On Ramadan Welfare – Commissioner
The Zamfara Government says it spent the sum of N2.9 billion on the purchase of essential commodities for…
Experts Fault CBN Gov, NESG Says N60bn Printing Not Sustainable
A former Deputy Governor of the Central Bank of Nigeria, Dr Obadiah Mailafia, and a professor of Political…
Trade Advisors Pledge French Investment In Lagos Free Zone
The Conseillers du Commerce Exterieur (French Foreign Trade Advisors) has expressed readiness to invest massively…
Senate Queries FMBN Over N14bn Payment On Legacy Estate
The Senate Public Accounts Committee has sustained the query issued to the Federal Mortgage Bank of Nigeria by the…
Minister To Inspect Jabi Mall Solar Project
The Minister of State for Power, Goddy Jedy-Agba, is scheduled to visit the Jabi Lake Mall Solar Hybrid project in…
ARCON, Partners To Raise Architectural Standard
The Architects Registration Council of Nigeria has said it is working with other bodies to raise architectural…
Federal Government Recorded N485.51bn Fiscal Deficit In January – Central Bank Of…
The Federal Government recorded N485.51bn fiscal deficit in January, statistics obtained from the Central Bank of…
India May Build New Coal Plants Due To Low Cost Despite Climate Change
India may build new coal-fired power plants as they generate the cheapest power, according to a draft electricity…
Investor Group Calls For Banks To Set Tougher Climate Targets
A group of investors managing $11 trillion in assets has called on banks to set tougher emissions targets ahead of…
Coinbase Chief Executive Armstrong Sold $291.8 Million In Shares On Opening Day
Coinbase Chief Executive Brian Armstrong sold about $292 million in shares in total during the cryptocurrency…
The ‘Metaverse’ Bet: Crypto-Rich Investors Snap Up Virtual Real Estate
What do you do with a $69 million artwork that doesn't physically exist?
That's the question faced by the…
Clubhouse Closes New Round Of Funding That Would Value App At $4 Billion
Audio-chat app Clubhouse closed a new Series C round of financing, the company said during its weekly town hall on…
Fed’s Waller Says U.S. Economy ‘Ready To Rip’ But Inflation Will…
The U.S. economy is set to take off this year as more Americans get COVID-19 vaccinations and become comfortable…
GM, LG Energy Solution To Build 2nd U.S. Battery Plant In Tennessee
General Motors Co (GM.N) and South Korean joint-venture partner LG Energy Solution on Friday said they will build a…
Morgan Stanley Reveals $911 Million Archegos Loss As Profit Jumps
Morgan Stanley (MS.N) lost nearly $1 billion from the collapse of family office Archegos Capital Management, the…
S&P 500, Dow Hit Record Highs On Bank Earnings Boost
The S&P 500 and the Dow hit record highs on Friday after Morgan Stanley wrapped up bumper quarterly earnings…
Bitcoin Price Drops After Turkey Bans Cryptocurrency Payments
The price of bitcoin (BTC-USD) descended from record highs on Friday following a decision by Turkey's central bank…
SEC, CBN In Talks On Crypto Market Regulation
The Securities and Exchange Commission has said it is in discussion with the Central Bank of Nigeria on how to…
Euro Zone Yields Rise As U.S. Treasury Yields Jump Back After Rally
Euro zone bond yields rose on Friday, following an overnight jump in U.S. Treasury yields after a hefty rally a day…
Forex Scarcity Cripples Local Airlines, Spike Airfares
The foreign exchange (FX) liquidity crisis is eating deeper into the daily operations of the local airlines,…
More Worries Over Rising Inflation Amid Static Household Incomes
Nigerians have been struggling with some unpleasant news lately, especially from the National Bureau of Statistics.…
Why Banks Need To Pay Attention To Where A Digital Euro Is Heading
The European Central Bank makes clear that the development of its “digital euro” will take several years. Yet given…
Media Portrayal Of Nigeria Led Twitter To Choose Ghana For Africa Office -Minister
Twitter Inc (TWTR.N) failed to choose Nigeria for its first African office because the media misrepresents the…
Inflationary Pressures To Feed Expectations For Further Yield Increases
According to the National Bureau of Statistics (NBS), Nigeria's headline inflation rose for the 19th consecutive…
Buhari Returns From Medical Trip, Expresses Confidence In Service Chiefs
Abuja — President Muhammadu Buhari yesterday returned to Nigeria after a 17-day medical trip to London, the United…
Qatar May Allow Foreigners To Fully Own Listed Companies
Qatar may allow foreign investors to fully own listed companies, in a move that could trigger more than $1 billion…