Nigeria: Influx Of Foreign Miners Causing Tension In Edo Communities
Communities in Dagbala and Uneme-Erhurun in Akoko-Edo Local Government Area of Edo State are under tension…
Brazil, Nigeria Are Most At Risk Of Oil-Induced Rate Hikes
After an epic collapse last year, oil prices have tripled since April, raising inflationary pressures in emerging…
Nationwide Outage Hits Fed Reserve Banking System
Yahoo Finance's Brian Cheung joined Yahoo Finance Live to break down the details of Powell testifying on Capitol…
In Boost For COVID-19 Battle, Pfizer Vaccine Found 94% Effective In Real World
The first big real-world study of the Pfizer/BioNTech vaccine to be independently reviewed shows the shot is highly…
Analysts Predict 12% Growth In IoT Semiconductor By 2025
IoT Analytics, a provider of market insights and competitive intelligence for the Internet of Things (IoT) has…
Exit From Recession, Result Of Our Fiscal Policies — Federal Government Of Nigeria
The federal government said yesterday the country’s recent exit from recession was a direct result of its fiscal…
Central Bank Digital Currencies: The Next Big Thing In Global Finance
Interest in bitcoin and other cryptocurrencies is surging and central banks don’t want to be left behind by…
Labour Gives Conditions To Support Refineries’ Privatisation
The Nigeria Labour Congress (NLC) yesterday hinged its support for the planned privatisation of the country’s…
Nigeria Loses N151.78Bn Crude Oil Monthly – Nigerian National Petroleum…
Nigeria is currently losing an average of 200,000 barrels of crude oil daily, the Nigerian National Petroleum…
Federal Government Of Nigeria Urges Accountants To Embrace Whistle-blower Policy
The Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed, has urged accountant and other…
Osinbajo To Lead Discussions At Banks’s CEOs Summit On Economic Growth Tomorrow
Vice President Yemi Osinbajo, Finance Minister, Zainab Ahmed, Governor of the Central Bank of Nigeria, Godwin…
United Capital Grows Full Year’s Profit by 61% To N8Bn
Foremost pan-African financial and investment services group, United Capital Plc, has defied the headwinds in the…
NSE Market Capitalisation Appreciates By N27Bn
The market capitalisation of the Nigerian Stock Exchange for the third consecutive day on Wednesday posted further…
Sustained Bargain Hunting Lifts Capitalisation Further By N30Bn
Trading on the floor of the Nigerian Stock Exchange (NSE) continued in an upbeat manner yesterday, occasioned by…
Raising Rates Abruptly Could Jeopardise Economic Recovery: ECB’s Schnabel
Raising interest rates too abruptly could jeopardise economic recovery, European Central Bank board member Isabel…
Neoen Lines Up Government Funding For Big Battery In Australia
France’s Neoen has won A$160 million ($128 million) in cheap finance from the Australian government to help fund…
World Shares Jump After Powell Nixes Rate Hike Fears
Global stocks jumped on Thursday after U.S. Federal Reserve Chair Jerome Powell reaffirmed interest rates would…
RMB Included In Russia’s National Wealth Fund
The Chinese yuan and the Japanese yen have been included in the regulatory currency structure of Russia's National…
Digital Yuan Scammers Gathering Momentum As Token Rollout Nears
Police in China are warning that digital yuan-themed scams are starting to appear in the country with more…
Fed To Keep Policy Easy, Stay Patient As U.S. Economy Revives
Amid market expectations the Fed may be forced to tighten monetary policy sooner than expected, top U.S. central…
Nigeria Losing 0.2m Barrels Of Oil Daily To Theft, Vandalism
THE Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari has disclosed…
Oil Rises After Data Shows Slump In U.S. Output Amid Texas Freeze
Oil prices climbed on Wednesday to fresh 13-month highs after U.S. government data showed a drop in crude output…
Geely Takes Slow Road To Volvo IPO
Volvo cars are known for being dependable and dull. Less so the Swedish brand’s Chinese owner Zhejiang Geely…
Biden Rushes To Address Global Computer Chip Shortage Via Latest Executive Order
President Joe Biden will sign an executive order on Wednesday aimed at addressing a global semiconductor chip…
Facebook To Invest $1 Billion In News Industry After Australia Row
Facebook Inc on Wednesday pledged to invest at least $1 billion in the news industry over the next three years,…
India Plans New Social Media Controls After Twitter Face-Off
Chafing from a dispute with Twitter, India plans to oblige social media companies to erase contentious content fast…
Wall Street Opens Lower As Tech Declines Resume
Wall Street’s main indexes opened lower on Wednesday, as high-flying growth stocks continued to be pressured by…
Nigeria: 7,250 Ogun MSMEs to access up to N10m loans’
The Ogun State Government has said no fewer than 7,250 Micro, Small and Medium Enterprises operating in the state…
More Woes For Nigeria As Diaspora Remittances Drop 12% In 2020
International flows of migrant remittances to Nigeria, a significant source of economic support for Africa’s most…
Analysis: CBN’s Financing Of Nigeria Deficits, The Defiance And Risks
The Nigerian government’s repeated decision to turn to the Central Bank of Nigeria (CBN) for deficit financing of…