Google Offered A Professor $60,000, But He Turned It Down. Here’s Why
When Luke Stark sought money from Google in November he had no idea he'd be turning down $60,000 from the tech…
Reps Probe MDAs Over N526bn, $21bn Revenue Leakages, Others
The House of Representatives has resolved to investigate ministries, departments and agencies of the Federal…
No Sale, Concession Decision On TCN, Says BPE
The Federal Government has not decided on whether it would sell or concession the Transmission Company of Nigeria,…
Federal Government Begins Disbursement Of N68m Grant To Edo Rural women
The Federal Government, on Wednesday, commenced the disbursement of N68m grant to 3,400 rural women in Edo State as…
Refineries: Reps Probe $1.5bn Planned Rehabilitation, Past Repairs
The House of Representative has resolved to investigate the fresh $1.5bn recently approved by the Federal Executive…
Infrastructure Bill Could Fuel Stocks, But Investors Temper Enthusiasm
A U.S. government plan to upgrade the nation’s infrastructure could further fuel the stock market’s rally, but…
Oil Falls As Demand Concerns Trump Suez Canal Disruptions
Oil prices fell more than 2% as fresh coronavirus lockdowns revived worries about demand for oil products, even as…
Westpac Could Lead Australian Exit From New Zealand Banking
Westpac Banking Corp’s potential spin-off of its New Zealand unit due to tighter regulation could see some of the…
Asian Stocks Trip On China Tech Woes, Some Cyclical Shares Bought
Asian equities bounced between gains and losses on Thursday as a selloff in Chinese technology shares due to…
In 2020 The Ultra-Rich Got Richer. Now They’re Bracing For The Backlash
In 2020, as the world convulsed under COVID-19 and the global economy faced its worst recession since World War II,…
Asian Shares Wobble In Volatile Trade As China Tech Selloff Weighs
Asian equities bounced between gains and losses on Thursday as a selloff in Chinese technology shares due to…
Chinese Tech Stocks Fall As U.S. SEC Begins Rollout Of Law Aimed At Delisting
Shares in dual-listed Chinese companies fell sharply on Thursday in Asia after the U.S. securities regulator…
COLUMN-Central Banks Left Flat-Footed By Flexible Fed: Mike Dolan
This time it is probably different - or at least for monetary policymakers and markets trying to track them.…
Tesla Now Accepts Bitcoin As Payment For Cars, Musk Says
Having stunned the market with its audacious bet on Bitcoin earlier this year, Tesla Inc. will now start accepting…
Insecurity Worsens Nigeria’s Inflation – CBN Boss, Emefiele
Godwin Emefiele, Governor of the Central Bank of Nigeria (CBN), has said that the country’s rising inflation was…
NDLEA Lagos Airport Command Seizes 979.667kg Drugs In Three Months, Convicts 12
Between January 2021 and March 2021, the National Drug Law and Enforcement Agency (NDLEA), Murtala Muhammed Airport…
Cash Is King For Emerging Nations Facing Spike In Funding Costs
Cash is king may well be the mantra for emerging markets this year.
With the relentless increase in Treasury…
NPA Suspends Export Receipts At Lagos Ports, Clamps Down Illegal Jetty Operators
Nigerian Ports Authority (NPA) has announced two weeks suspension of export receipts at Lagos seaports and all…
Warnings As Crypto, Digital Yuan Fraudsters Run Wild In China
Chinese media outlets are reporting a sharp rise in bogus crypto, blockchain and digital yuan-related schemes in…
Oil Resumes Advance Alongside Broader Market Rally
Oil resumed gains alongside a broader market rally and after a weekly U.S. inventory report showed signs of an…
Tugs Work To Free Giant Container Ship Stranded In Suez Canal
The shortest shipping route from Europe to Asia remained blocked on Wednesday as eight tug boats struggled to free…
Sterling Dips As UK Vaccination Drive Faces Bump In The Road
Sterling fell on Wednesday after the European Union raised the prospect of blocking COVID-19 vaccine shipments to…
Yuan Going Global: China Tests Its Digital Currency On E-Commerce Platforms
As part of a push to internationalize the yuan, China has been testing its digital currency on trading platforms…
Bank Of Canada Sees More Investor Activity, Flipping In Housing -Deputy Governor
The Bank of Canada is seeing evidence of investor activity and “a lot more flipping” in some Canadian housing…
Nigeria Will Receive 84 Million Doses Of AstraZeneca Vaccine This Year –Osinbajo
Vice-President Yemi Osinbajo on Tuesday said Nigeria would receive 84 million doses of Oxford AstraZeneca vaccine…
Naira 4 Dollar: Nigerians In Diaspora Remit $40 Million In One Week
The Central Bank of Nigeria’s Naira4Dollar scheme may have attracted about $40 million in foreign remittances in…
Nigeria Obtains $1 Billion Loan To Support MSMEs— Minister
The facility has a long-term tenor, alongside moratorium benefits.
The Bank of Industry (BoI), under the…
Massachusetts Court Reverses Order Requiring Facebook To Disclose App Records In…
The top court in Massachusetts on Wednesday reversed an order requiring Facebook Inc to turn over to state Attorney…
Financials lift S&P 500, Dow; Powell, Yellen On Deck
The S&P 500 and the Dow rose on Wednesday as economy-linked financial and energy stocks gained amid another day…
Court Orders Extension Of The Nigerian Identification Number (NIN) Registration By…
Justice Maureen Onyetenu of the Federal High Court sitting in Lagos has ordered the extension of the deadline for…