Blackstone Proposal Values Australian Casino Operator Crown At $6.2 Billion
Buyout giant Blackstone Group Inc made a $5.6 billion play for the shares of Australia’s Crown Resorts Ltd it does…
Japan Car Makers Scramble To Assess Impact Of Renesas Auto Chip-Plant Fire
Toyota, Nissan, Honda and other Japanese automakers scrambled on Monday to assess the production impact of a fire…
Wall Street’s Year Of Bust And Boom
Wall Street giddyness in recent weeks stands in stark contrast to the pandemic panic of one year ago.
U.S. stocks…
FG: Nigeria’s Excess Crude Account Balance Stands At $72.4m
Minister of Finance, Budget and National Planning, Zainab Ahmed, on Thursday disclosed that the nation’s excess…
UK Partners Nigeria To Enhance Digital Access
The Federal Ministry of Communications and Digital Economy and the Nigerian Communications Commission (NCC) in…
Pantami, Danbatta Seek Increased Collaboration Among ECOWAS States On ICT
Nigerian government has called for increased regional collaboration for the development of the Information and…
External Reserves Drop By $523m In Two Weeks
Nigeria’s external reserves dropped by $523m to $34.475bn as of March 16 from $34.998bn as of March 1, figures from…
Experts Seek Regulation Of Cryptocurrencies In Nigeria
Some economic experts have urged the Central Bank of Nigeria (CBN) to seek measures to regulate cryptocurrency…
N6.98 USSD Flat Rate Will Stabilise Payment System, Says CBN
The Central Bank of Nigeria (CBN) has said the harmonisation of all Unstructured Supplementary Service Data (USSD)…
Analysts List Measures To Curtail Inflation
Analysts yesterday advised the federal government to work in tandem with the monetary authorities to address…
Nigeria: Abuja Doctors Threaten Strike Over Unpaid Salaries, Entitlements
Medical doctors in Abuja under the umbrella of Association of Resident Doctors (ARD) have threatened to embark on…
EU Declares AstraZeneca Vaccine Safe, Effective, As NGF Backs Its Continuous Use
THE European Medicines Agency, EMA, which is the European Union’s most authoritative regulator of medicinal…
TELECOMS: Voice Call Subscribers Drop, Internet Users Rise In Q4’20
The National Bureau of Statistics (NBS) yesterday said the number of subscribers for voice calls fell marginally…
CBN To Sell N570bn Treasury Bills By Q2’21
The Central Bank of Ni Nigeria, CBN, said it will sell N570 billion worth of Treasury Bills (TBs) in the second…
FG Urged To Establish National Fleet To Harness $19trn Global Trade
Stakeholders in the Nigerian maritime industry have called on the federal government to reactivate its plans to…
After $25b On Maintenance, FEC Approves New $1.5b For PH Refinery
The Federal Executive Council (FEC), presided over by President Muhammadu Buhari yesterday, approved the sum of…
DMO Lists N162.56bn Sukuk Bond On NSE
The Debt Management Office said on Thursday that it listed its third sovereign Sukuk, N162.557bn seven-year 11.200…
Stock Market Bearish Again, Indices Down By 0.04%
Negative sentiments resurfaced on the Nigerian Stock Exchange on Wednesday with the key indicators dropping by 0.04…
Capital Group Becomes Second-Biggest Investor In ABB
U.S.-based investment manager Capital Group has increased its stake in ABB to 5.05%, a regulatory filing showed on…
Federal Government Discovers Gold Deposit Along Abuja-Nasarawa Border
Adegbite paid Abdullahi Sule, the Nasarawa state governor, a courtesy visit in Abuja on Wednesday.
The minister…
Alleged $2.5bn Arms Scandal: Stop Peddling Fictional Tales, APC Tells PDP
The All Progressives Congress, APC, has urged the Peoples Democratic Party (PDP) to wake up to its responsibility…
Corteva to Appoint Three Directors Proposed By Starboard
Corteva Inc said on Friday three new independent directors proposed by activist investor Starboard Value LP will…
Citi, J.P. Morgan Hired To Coordinate Islandsbanki IPO
Iceland’s state holding company has hired Citigroup and J.P. Morgan to help coordinate Islandsbanki’s upcoming…
China Bans Tesla Cars In Military Complexes On Concerns About Cameras.
The Chinese military has banned Tesla Inc’s cars from military complexes and housing compounds because of concerns…
Room With A View: Investors Check Out Italy’s Top Hotels
International investors are casting an eye over some of Italy’s grandest hotels whose family owners may be…
Futures Rise As Spike In Bond Yields Eases
U.S. stock index futures edged higher on Friday following a steep pullback in the prior session as bond yields…
UK’s Taylor Wimpey, Countryside Asked To Drop Unfair Ground Rent Terms
British homebuilders Taylor Wimpey and Countryside Properties must remove contract terms that lock leaseholders…
Nearly A Dozen Countries Resume AstraZeneca Shots After EU, UK Regulators Say…
Nearly a dozen countries resumed use of AstraZeneca’s COVID-19 shots on Friday as EU and British regulators said…
Don’t Spend Over $1.5bn Embalming On A Dead Refinery – Dino Melaye Tells…
Former Senator representing Kogi West Senatorial district, Dino Melaye has also faulted the approval of $1.5bn for…
Kano Consumer Council Impounds N300m Expired Drugs
THE Kano State Consumer Protection Council on Thursday confiscated fake drugs worth over N300 million following…