Suez Canal Blocked By Traffic Jam After Massive Container Ship Runs Aground
A large container ship remains stuck in Egypt's Suez Canal, blocking other vessels from moving in both directions…
US Stocks Set For A Rebound
There has been a surge in air travel with this year's spring break, but a recovery in flights by business travelers…
China May Just Have Doomed Its Trade Deal With Europe
China and the European Union rang in the new year by striking a major investment deal intended to strengthen…
Futures Rise Ahead Of March Business Surveys; Intel Shines
U.S. stock index futures rose on Wednesday as Intel’s shares surged on plans to expand advanced chip making…
Google Signs News Content Deals With Italian Publishers
Alphabet Inc’s Google has sealed its first licence agreements in Italy with several publishers to offer access to…
Taiwan To Ration Water For 1million People, Tech Hub Unaffected
Taiwan will from next month ration water for more than one million people in the centre of the island because of a…
Dangote Cement To Pay Over N97billion In Corporate Tax For 2020
Africa’s largest cement producer, Dangote Cement Plc has remained a major contributor to the economy with a tax…
Nigeria: Federal Housing Authority Begins Payment Of 200 Contractors
The Federal Housing Authority on Tuesday said it had commenced the payment of contractors who had completed their…
We Disburse $80m Weekly For School Fees, BTAs – Emefiele
In view of the lingering foreign exchange scarcity in the country, the Central Bank of Nigeria has urged Nigerians…
Airlines Must Pay All Charges Except Duty, VAT -NCS
The Nigeria Customs Service on Tuesday said airlines operating across the country including Air Peace must pay all…
BUA Chairman Rabiu Launches $100m Annual Africa Fund
The Abdul Samad Rabiu Initiative has launched a $100m Annual Africa Fund for social development and renewal; $50m…
Federal Government Certifies 269 Soil Doctors, Agriculture Extension Workers
The Federal Government on Tuesday announced that it had issued certificates to 269 soil doctors and agriculture…
Federal Government Justifies $100 Charges, Others Imposed On Nigerians In Diaspora
The Federal Government has said charges and levies imposed on Nigerians in diaspora at the foreign missions are due…
Federal Govt Of Nigeria Okays N1.134tr For 12 Roads
The Federal Government on Tuesday said it has voted N1,134,690,048,000.76 as the initial capital for the…
Report Banks Hoarding Forex – Central Bank Of Nigeria Tells Nigerians
In view of the lingering foreign exchange scarcity in the country, the Central Bank of Nigeria has urged Nigerians…
Euro Zone Economy Back To Growth In March As Factories Roar: PMI
Euro zone economic activity made a surprise return to growth this month as factories ramped up production to its…
TSMC Shares Slide, As Taiwan Plays Down Intel’s $20 Billion Expansion…
Taiwan Semiconductor Manufacturing Co Ltd (TSMC) shares fell nearly 4% on Wednesday after Intel Corp announced a…
Tencent’s Quarterly Profit Jumps 175%, Above Forecast
Chinese gaming and social media giant Tencent Holdings Ltd on Wednesday reported a forecast-beating 175% rise in…
UAE Finance Minister And Dubai Deputy Ruler Sheikh Hamdan Dies
Sheikh Hamdan bin Rashid Al Maktoum, Dubai’s deputy ruler and the United Arab Emirates’ long-serving finance…
China’s Didi Leans Towards New York Over Hong Kong For IPO, Eyeing At Least…
China’s top ride-hailing firm Didi Chuxing is leaning toward picking New York over Hong Kong for its initial public…
Locked-Down Europe -Cash To Spend, Nowhere To Spend It
Only a few weeks ago, many European countries were hoping their more affluent citizens would by now have started…
Musk Says ‘Can Now Buy A Tesla With Bitcoin’
Tesla Inc's Elon Musk tweeted here on Wednesday, "you can now buy a Tesla with bitcoin."
-Reuters
UK Inflation Unexpectedly Falls in February
British consumer price inflation fell to 0.4% in February from 0.7% in January, reflecting unusual patterns of…
Asian Shares Hit Two-Week Lows, Dollar Gains As Investors Scurry For Cover
Asian shares skidded to a two-week trough on Wednesday and the dollar neared four-month highs as coronavirus…
Bank Lending To Fossil Fuel Industry Down 9% In COVID-Hit Year
- The world’s biggest banks cut lending to fossil fuel firms by 9% in 2020 as a result of the pandemic, although…
Toyota To Reinvest In Isuzu To Partner On Connected Commercial Vehicles, Fuel…
Toyota Motor Corp will reinvest in Isuzu Motors Ltd to work together on connected commercial vehicles and fuel…
Nigerian Central Bank Leaves Benchmark Rate Unchanged, Denies New FX Policy
Nigeria’s central bank held its benchmark lending rate at 11.5% on Tuesday, said Governor Godwin Emefiele, who also…
Nigeria Devalues Currency As It Adopts Flexible Rate
Nigeria adopted a new flexible exchange-rate policy for official transactions in a move that effectively marks the…
Marginal Fields: FG Set To Realise $500m Target As Buyers Pay 50% Of Signature…
THE Federal Government, Tuesday, said it would likely realize the $500 million (N189.5 billion) target from the…
Path to varsity/poly certificate dichotomy, by FG
The Federal Government, yesterday came out clean on the perennial first degree/HND dichotomy, stating that the…