UK Card Payments Recover Towards Pre-COVID Levels: ONS
Spending on credit and debit cards during the week to March 18 stood at 81% of its February 2020 pre-lockdown…
Stocks Sluggish, Dollar Near Four-Month Highs As Risk Appetite Wanes
Global equities languished close to two-week lows on Thursday, while the dollar cruised to near a four-month high…
MTN Nigeria Unveils Customer Engagement Platform
MTN Nigeria has unveiled a new unified customer engagement platform, EnGauge, designed to enable small-to-medium…
Deutsche Telekom, Slovak Unit Lose Appeal Against EU Antitrust Fine
Deutsche Telekom and its Slovak unit on Thursday lost their fight against an antitrust fine levied nearly a decade…
Nigeria: Devastating Floods Loom, NIHSA Warns Govt, Citizens
The Nigeria Hydrological Services Agency on Wednesday advised the three tiers of government and citizens across the…
Hong Kong Tells Foreign Governments To Stop Accepting Special British Passport
The Hong Kong government has told some foreign consulates to stop accepting a British travel document that many of…
Bill Gates Says World Should Be Back To Normal By End-2022 Due To Vaccines
The world should be back to normal by the end of 2022 thanks to COVID-19 vaccines, Bill Gates said in an interview…
Mastercard Battles Return Of $19 Billion UK Class Action
A specialist London court will this week re-consider allowing an historic 14 billion pound ($19 billion) class…
Bank Of England Unveils New Banknote Celebrating WW2 Code-Breaker Turing
The Bank of England unveiled the design of a new banknote celebrating mathematician Alan Turing, who helped Britain…
Organic Farming Must Grow To Reach Green Goals, EU Says
The European Commission on Thursday said it would expand financial and policy support to help achieve a goal for a…
Here’s Why Investment-Interest In Eko Atlantic Is High Despite Economic Slowdown,…
At a time when many developments are struggling to get off ground as a result of Covid-19 impact and general…
Report Indicts NNPC, CBN, Others Of Under-Remittance To Federal Government
A report from forensic auditors, KPMG has indicted about seven government revenue-generating agencies for…
I Handed $15.8m To Suswam In His Abuja House, Says Witness
The criminal trial of former Benue State Governor Gabriel Suswam resumed on Wednesday at a Federal High Court in…
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…