Nigeria: Dangote, Flour Mills, BUA In Bitter Sugar War
Three Nigerian conglomerates – Dangote Group, Flour Mills and BUA Group are currently locked in a bitter war over…
Hope For Nigeria As Africa Awaits 428 New Oil, Gas Projects
Over 428 oil and gas projects are expected to be developed in Africa’s oil and gas sector before 2025, a new report…
CBN Gets Court Order To Freeze 193 More Bank Accounts
The Central Bank of Nigeria (CBN) has obtained three different court judgments from the Federal High Court, Abuja…
Champion Breweries, Guinness shares rise 230% Ytd
Despite the poor performance of the Nigerian stock market in the first quarter (Q1) of 2021, the shares of Champion…
The Securities And Exchange Commission Raises Alarm On Unregistered Online…
The Securities and Exchange Commission has warned the investing public on the proliferation of unregistered online…
Nigerian Stock Exchange Sustains Positive Profile As Capitalisation Gains N13B
Trading on the Nigerian Stock Exchange (NSE) continued in an upward note, yesterday, as more blue-chip stocks…
CAP Reports N1.2bn Profit, Pushes Ahead With Merger Plan
Chemical and Allied Products Plc has reported a total profit of N1.2bn for the financial year 2020, compared to…
The Guy Who Started The GameStop Mania Will Soon Be Chairman Of The Board
George Sherman may still be the CEO of meme stock poster child GameStop. But it looks like Chewy co-founder Ryan…
Bitcoin Mining In China Could Soon Generate As Much Carbon Emissions As Some…
Bitcoin's soaring popularity could have a long-lasting negative effect on the environment.
Cryptocurrency…
Queen Elizabeth’s Husband Prince Philip Dies At 99
The Duke of Edinburgh, the Queen’s “strength and stay” for 73 years, has died aged 99.
Flags on landmark buildings…
We Lose N500m Daily To Stripping Operations – Group
The Advocacy for Maritime Development Association has disclosed that importers and agents are losing N500m daily…
Futures Tepid After S&P 500 Ends At Record Level
U.S. stock index futures were subdued on Friday as a rise in bond yields weighed on richly valued technology stocks…
Biden faces key test on EV battery Trade Dispute
U.S. President Joe Biden faces a Sunday deadline to decide whether to intervene in a trade dispute between two…
Dangote, Flour Mills, BUA At War Over New Sugar Refinery
Africa’s richest man and Chairman of Dangote Industries Limited, Alhaji Aliko Dangote, and the Chairman of Flour…
Some Hong Kong Lawmakers Criticise Plans To Mask Company Directors’ Data
Several Hong Kong lawmakers on Friday raised concerns that proposals to restrict public access to information about…
Volkswagen Loses $125 Million Fine Appeal For Emissions Breach In Australia:…
Australian competition regulator said on Friday the federal court dismissed Volkswagen’s appeal against a record…
Roughly 500 Ballots Challenged In Amazon’s Landmark Union Election
Roughly 500 ballots submitted in Amazon.com Inc’s landmark union election have been challenged in a contest that…
China’s Didi Picks Goldman, Morgan Stanley For Mega U.S. IPO
China’s top ride-hailing firm Didi Chuxing has mandated Goldman Sachs and Morgan Stanley to lead its blockbuster…
World Stocks Hit Record High, Powered By Wall Street
Global stocks hit record highs on Friday, as tech shares on Wall Street cheered receding U.S. inflation fears, with…
Stocks Firm Near Record After Easing U.S. Inflation Fears Lift Wall Street
Global stocks held firm near record highs on Friday as receding inflation fears in the United States pushed down…
Holidays For The Rich: Airlines Criticise Britain’s Travel restart Plan
Airlines slammed Britain’s plans for restarting international travel, saying that expensive testing requirements…
Strong March Pushes Airbus Quarterly Deliveries Higher
Airbus reported slightly higher deliveries in the first quarter with 125 aircraft handed over to airlines after a…
European Stocks On Longest Weekly Winning Streak In A Year
European stocks were subdued on Friday, but on course for their longest weekly winning streak in more than a year…
China Will Take Necessary Measures To Uphold Rights Of Chinese Companies
China said on Friday it would take necessary measures to uphold the rights and interests of Chinese companies,…
Exclusive: China Set To Clear Tencent’s $3.5 Billion Sogou Deal Subject To…
China’s antitrust regulator is ready to clear tech giant Tencent Holdings Ltd’s plan to take the country’s no.3…
Oil Prices Edge Down As Investors Weigh Rising Supplies, Demand Outlook
Oil prices edged down on Friday as investors weighed rising supplies from major producers and the impact on fuel…
ECB’s Schnabel Warns Against Blocking The EU’s Recovery Fund
European Central Bank board member Isabel Schnabel has warned against attempts to block the European Union’s…
China’s Auto Sales Surge 75% In March, 12th Straight Monthly Gain
Auto sales in China surged in March for their 12th consecutive month of gains, as the world’s biggest car market…
Central Bank Nigeria Freezes Another 194 Accounts Of Firms, BDCs, Others
The Central Bank of Nigeria on Thursday said it got orders from the Federal High Court, Abuja division, to freeze…
Shoprite: Trade, Forex Policies, Others Hurting Businesses, Says LCCI
Against the backdrop of the move by Shoprite Holdings Limited to exit its Nigeria operations, the Lagos Chamber of…