Sterling Eases Vs Dollar, UK Reopening Eyed
Sterling eased against a broadly stronger dollar on Tuesday, with no significant data releases on the economic…
Nigeria Immigration Reopens Passport Application Portal
The Comptroller General of the Nigeria Immigration Service (CGI), Muhammad Babandede, has announced the reopening…
Counting The Gains Of CBN’s Funding Interventions For MSMEs
The gains of the Micro, Small and Medium Enterprises Development Fund (MSMEDF) driven by the Central Bank of…
Nigeria’s Twitter Ban Stokes Defiance Despite Prosecution Threat
The Nigerian government’s ban on Twitter Inc. has triggered a wave of defiance among the country’s tech savvy,…
FG Pledges Support For Eko Refinery
The federal government has restated its commitment to assist the management of Eko Petrochemical and Refining…
Patronise CBN-Licensed BDCs, ABCON Charges Customers
The Association of Bureaux De Change Operators of Nigeria (ABCON) has advised foreign exchange users and…
Airline Operators Count Losses As Forex Scarcity, Naira Devaluation Trap Aircraft…
Several commercial aircraft in the nation’s aviation industry are stranded abroad due to lack of access to foreign…
Report: Electronic Payment Transactions Increased By N80bn To N21trn In May 2021
Transactions through electronic payment (e-payment) channels increased by N80 billion to N21.27 trillion in May…
Nigeria’s Devaluation Won’t Fix Managed-Float Woes
Nigeria’s naira devaluation in May is unlikely to be the last and won’t fix the chronic dollar shortage which…
Nigeria Naira Slides Past 500/Dlr On Black Market, Trading Volumes Drop
Nigeria’s naira slid past 500 per dollar on the black market on Monday to a more than 3-1/2-year low, two weeks…
Move Towards Exchange Rate Unification Positive, Says FSDH
A report by the FSDH Research has described recent move by the Central Bank of Nigeria (CBN) to achieve exchange…
Dementia Expert Says Evidence behind Biogen Alzheimer’s drug ‘Wasn’t Sufficient’…
Dementia expert Dr. Jason Karlawish told CNBC he’s skeptical of the Food and Drug Administration’s approval of …
Cramer’s Lightning Round: I Prefer Moderna Stock Over Novavax
Novavax: “I have to tell you even after today’s run in Moderna, I still prefer Moderna’s stock than Novavax because…
Jim Cramer says Yellen’s interest rate comments ‘spooked the market’
CNBC’s Jim Cramer blamed Monday’s stock market decline on messaging from the head of the U.S. Treasury.
On…
Apple is turning privacy into a business advantage, not just a marketing slogan
Apple unveiled new versions of its operating systems on Monday which showed that the company’s focus on privacy…
NBCUniversal will air more than 7,000 hours of Olympics coverage on TV and…
NBCUniversal, the parent company of CNBC, announced Monday it will show more than 7,000 hours of content from…
T-Mobile CEO says company is poised to dominate 5G for the next decade
T-Mobile CEO Mike Sievert on Monday laid out his vision for the next decade, telling CNBC that he believes his…
AMC insider selling picks up as meme stock rises amid retail wave
Insider selling activity at AMC Entertainment ramped up like never before during the recent explosive rally…
Biogen CEO says $56,000 annually for Alzheimer’s drug is ‘fair,’ promises not to…
Biogen CEO Michel Vounatsos told CNBC on Monday that the list price of $56,000 per year for the company’s…
Tesla veteran Jerome Guillen leaves after less than three months leading trucking…
Tesla executive Jerome Guillen has left the company after only three months as the president of its Heavy…
Salesforce CEO Marc Benioff expects half or more of employees to work from home…
Salesforce CEO Marc Benioff said Monday that he expects half or more of his company’s employees to continue working…
Airport security company CLEAR files to go public as post-pandemic travel picks up
CLEAR, the company best known for helping travelers zip through airport security lines, filed its IPO prospectus on…
Marc Benioff reveals investment in SpaceX, but says he’d need ‘a couple of…
Salesforce CEO Marc Benioff said Monday that he’s bullish on space, noting that he’s an investor in Elon Musk’s …
Goldman Sachs survey shows Asian hedge funds really don’t like bitcoin
Asian hedge funds may not be as bullish on bitcoin compared to their peers in the U.S., according to a Goldman…
Here are Cowen’s favorite ways to play the renewable future
The so-called clean-tech universe is attracting more dollars as investors bet on the energy transition, and…
Interactive Brokers founder: Don’t short AMC, meme stocks — they can soar to…
Interactive Brokers founder and Chairman Thomas Peterffy on Monday issued a warning to investors betting against…
3 things investors should know before Stitch Fix reports third-quarter results on…
Investors are preparing for what could be another roller coaster in Stitch Fix shares when the online styling…
Kroger to hire 10,000 workers across its grocery brands
Kroger announced Monday that it will hold a hiring event on Thursday to fill 10,000 jobs across its businesses.…
U.S. recovers $2.3 million in bitcoin paid in the Colonial Pipeline ransom
WASHINGTON – U.S. law enforcement officials said Monday they were able to recover $2.3 million in bitcoin paid…
Stitch Fix shares soar as sales top estimates, styling service raises full-year…
Stitch Fix shares soared Monday after the online shopping and styling service reported a narrower-than-expected…