Saudi Defence Firm SAMI Targets $5 Billion Annual Revenue By 2030
State-owned Saudi Arabian Military Industries (SAMI) aims to generate annual revenue of $5 billion by 2030, its…
Texas Utilities Can’t Stick Customers With Huge Bills After Storm: Abbott
Texas utility regulators will temporarily ban power companies from billing customers or disconnecting them for…
World Shares Sink As Bond Yields, Commodities Surge
World shares sank on Monday as expectations for faster economic growth and inflation battered bonds and boosted…
India To Clear 45 Investments From China, Likely To Include Great Wall, SAIC
India is set to clear 45 investment proposals from China, which are likely to include those from Great Wall Motor…
Shares Turn Cautious As Bond Yields, Commodities Surge
Asian shares turned mixed on Monday as expectations for faster economic growth and inflation globally battered…
Stock Market Extends Losing Streak, Sheds N130Bn
The market capitalisation of equities listed on the nation’s stock market declined by N130bn last week as negative…
Philippines Approves Sinovac Vaccine But Not For All Health Workers
The Philippines has approved Sinovac Biotech’s COVID-19 vaccine for emergency use, but will not give it to…
Nigerian Stock Exchange Upgrades Africa Prudential To Medium Price Stock
T he Nigerian Stock Exchange (NSE) has upgraded Africa Prudential (APR) Plc from low-priced stock to medium-priced…
EU To Decide On Extending Suspension Of Stability Pact In Coming Weeks: Official…
Europe will decide whether to extend the suspension of its rules limiting budget deficits and debt, known as the…
India’s Top Court Bars Final Tribunal Ruling On Future’s $3.4 Billion…
India’s Supreme Court barred on Monday a final ruling by a tribunal reviewing Future Group’s $3.4 billion sale of…
Rio Tinto Executives Say Goodbye To 2020 With Chunky Payouts
Three Rio Tinto executives forced to leave the company after the destruction of sacred rock shelters at Juukan…
Korean Air To Follow Relevant Authorities’ Directives On Boeing 777
Korean Air Lines Co Ltd said it will follow the relevant authorities’ directives on any measures for its Boeing 777…
OPEC, U.S. Oil Firms Expect Subdued Shale Rebound Even As Crude Prices Rise
OPEC and U.S. oil companies see a limited rebound in shale oil supply this year as top U.S. producers freeze output…
Tesla Has Made About $1 Billion In Profit On Its Bitcoin Investment, Analyst…
Tesla has made roughly $1 billion in paper profits from its investment into bitcoin, according to Daniel Ives,…
Oil Gains As U.S. Production Slowly Returns After Freeze
Oil prices rose on Monday as the slow return of U.S. crude output that was cut by frigid conditions raised concerns…
Nigeria Has $5.83bn Undisbursed Foreign Loans
Nigeria has more than $5.83bn foreign loans that have been approved but not yet disbursed, the Debt Management…
Banks Incur N80.75bn E-Banking Expenses As Digital Transactions Hit N111.29tr
As COVID-19 triggered exponential increase in electronic-payment adoption, five Nigerian banks have incurred N80.75…
Optimism On Economy’s Recovery
Many Nigerians underestimated the resilience of the economy until last Friday when National Bureau of…
China’s Yield Appeal Catapults Yuan To Global FX Big League
In London -- the world’s center of foreign exchange -- there’s more yuan changing hands than ever before. Options…
Bitcoin Price Must Now Hold Above These Levels To Break $60K
Bitcoin’s (BTC) price has been consistently rallying in the past few weeks, reaching its latest new high of around…
COVID Infections Dropped 95.8% After Both Pfizer Shots – Israeli Health…
The rate of COVID-19 infections dropped 95.8% among people who received both shots of Pfizer’s vaccine, Israel’s…
Bitcoin, Either Hit Fresh Highs
Bitcoin hit a fresh high on Saturday, extending a two-month rally that took its market capitalization above $1…
Local Health Officials Tell Congress U.S. Needs More Covid Vaccine Doses And It…
Scientists and health officials told Congress Friday the federal government needs to ramp up its supply of Covid-19…
NIN Registration: Telcos See Biggest Subscriber Loss Since 2017
The decision by the Federal Government to limit the services of telecoms’ operators in order to achieve the…
The Tech Industry Is Looking To Replace The Smartphone — And Everybody Is Waiting…
In 2007, Apple unveiled the iPhone.
Apple didn’t invent the smartphone — companies like Palm and Blackberry…
What’s Behind SpaceX’s $74 Billion Valuation: Elon Musk’s Two ‘Manhattan Projects’
Elon Musk’s SpaceX is now worth $74 billion after it raised more capital last week – and the strong demand for…
Facebook’s Move To Restrict Australian Publishers Was A ‘Nuclear Option,’ Expert…
Facebook is trying to exert its monopoly power in Australia, by restricting publishers from posting content on…
Why Nigeria Inflation Could Hit Record High of 20% By End Of 2021
Nigeria’s annual inflation rate climbed for a 17th straight month to 16.47% in January of 2021. It was the highest…
African Union Receives Sputnik V Vaccines From Russia
The Africa Vaccine Acquisition TaskTeam (AVATT), set up by the African Union to acquire additional vaccine doses so…
US Supports Ekiti Farm With Pregnant Cows
The United States has supported the Nigeria Dairy Industry with the first shipment of pregnant Jersey breed dairy…