Twenty Years On, EU Turns Cold On Mercosur Trade Deal
As the European Union looks forward to a fresh start with the United States under a new president, it is riddled…
China’s Small Tech Firms Step Out Of The Shadows As Giants Reel From…
One firm’s loss is another’s gain. China’s smaller technology companies and investors are eager to seize the day as…
Dollar Falters As Fed Dashes Early U.S. Rate Hike View
The U.S. dollar fell on Wednesday, after the Federal Reserve said it does not expect to raise interest rates…
Japanese Judiciary Sends Conflicting Signals To Nuclear Industry
Japanese courts delivered conflicting rulings on two nuclear reactors on Wednesday, lifting an injunction on one…
Nokia Sees Its Comparable Operating Margin Growing To 10-13% In 2023
Finnish telecom equipment maker Nokia sees its comparable operating margin growing to 10-13% in 2023, it said on…
Pakistani Province Plans To Build Pilot Crypto Currency Mining Farms
The Pakistani province of Khyber Pakhtunkhwa is planning to build two hydroelectric-powered pilot “mining farms” to…
Britain Sets Sights On ‘Big Four’ Auditors In Market Shake-Up
Britain proposed weakening the market grip of “Big Four” auditors on Thursday and making company directors…
BlackRock Ups Focus On ‘Natural Capital’ Ahead Of AGM Season
BlackRock on Thursday warned companies that rely on nature or have an impact on natural habitats to publish a “no…
Credit Suisse Execs Earn Less Following 2020 Headaches
Credit Suisse executives earned 12% less in total aggregate compensation in 2020, the bank’s annual report showed…
Steeper And Higher: U.S. Bond Tantrum Averted, But Worries Remain
Markets may be less fearful of a “taper tantrum” after the Federal Reserve’s latest meeting, but the prospect of…
Fed Patience Calms Yields For Now, But Market Feels Like ‘Coiled…
The Federal Reserve may have avoided inflaming the bond market with its latest policy decision and outlook, but as…
China Regulators Held Talks With Alibaba, Tencent, Nine Others On…
- Chinese regulators recently summoned 11 domestic technology companies including Alibaba Group, Tencent and…
Stocks Cheer Dovish Fed, Yen Supported Before BOJ Decision
Asian shares and U.S. stock futures rose on Thursday after the Federal Reserve committed to maintaining…
U.N. Body Raises Global Economic Growth Forecast For 2021 To 4.7%
The global economy is set to grow by 4.7% this year thanks to a stronger-than-expected recovery in the United…
‘It’s To Protect Local Industries’ — Emefiele Defends Stance On FX Restriction For…
Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), has defended the apex bank’s action in restricting…
Nigeria’s Crude Oil Production Declined By 19.6% In Q4
Nigeria’s crude oil production declined by 19.6 per cent to an average of 1.52 million barrels per day (mbpd) in…
Italy Court Acquits Eni, Shell And All Defendants In Nigeria Graft Case
A Milan court on Wednesday acquitted energy groups Eni and Shell along with a series of past and present managers…
DMO: Federal Government Of Nigeria Spent $243m On External Debt Service In 2020
The federal government expended a total of $243 million on debt servicing between January and December 2020.…
Stellar Development Foundation Invests $750K In Nigeria Remittance Platform
The Stellar Development Foundation (SDF) just pumped $750,000 into Cowrie, a Nigeria-based fintech platform…
The Global Chip Shortage Is Still Hurting Samsung, Honda And Volkswagen
The global chip shortage is continuing to pummel global business, with Samsung, Honda and Volkswagen among the…
EXPLAINER: What The Newly-Revised USSD Service Charge Means For Bank Customers In…
The Central Bank of Nigeria (CBN) and Nigerian Communications Commission (NCC) announced on Tuesday, March 16, 2021…
Ex-JAMB Registrar, Prof. Ojerinde Arrested Over N900m Fraud
A former Registrar and Chief Executive Officer of the Joint Admission and Matriculation Board (JAMB), Professor…
FG Approves $1.5bn For Rehabilitation Of Port Harcourt Refinery
The Federal Executive Council on Wednesday approved the plan by the Ministry of Petroleum Resources to rehabilitate…
One Young African Leader Listed For Dangote Fellowship
Eleven Africans, among them two Nigerians, who have been named Young Global Leaders by the World Economic Forum for…
Brawls In Shops As Lebanon’s Financial Meltdown Hits Supply Of Food
The collapse of Lebanon’s currency has forced many grocery shops to temporarily shut within the last 24 hours,…
Morgan Stanley Becomes First Major U.S. Bank To Offer Its Wealthy Clients Access…
Morgan Stanley has become the first big U.S. bank to offer its wealth management clients access to Bitcoin funds,…
Lenovo’s Parent Company Invests $237 Million In Chinese Chipmaker Fullhan
Legend Holdings, the parent of the world’s biggest PC maker Lenovo, said it purchased about 12.8 million shares of…
Two Jurors Dismissed In Floyd Murder Trial After News Of $27 Million Settlement
Two jurors seated in the trial of Derek Chauvin, the former Minneapolis police officer facing murder charges over…
Greece Sees Strong Demand For First 30-Year Bond Issue In Over A Decade
Greece raised 2.5 billion euros on Wednesday from its first 30-year bond sale in more than a decade, with an issue…
200 Contractors Picket FHA Over N1.5bn Debt
Over 200 contractors of the Federal Housing Authority on Tuesday staged a protest at the headquarters of the FHA in…