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…
Dollar Falls As Risk Appetite Increases, Kiwi Ruffled By RBNZ
The dollar slipped to a three-year low against the British pound and fell against commodities currencies on…
Shippers Council, NICON Move To Avert N670m Loss To Container Deposit
The Nigerian Shippers Council, NSC, and the National Insurance Company of Nigeria, NICON, have finalised measures…
ExxonMobil To Sell Some UK, North Sea Assets To HitecVision For Over $1Billion
Exxon Mobil Corp said on Wednesday it would sell its non-operating interest in its UK and North Sea exploration and…
Lowe’s Tops Earnings Estimates As Same-Store Sales Jump 28%, Warns That Some DIY…
Lowe’s said Wednesday its fourth-quarter same-store sales climbed 28.1%, as consumers spent more on home projects…
Goldman Sachs-Backed ReNew Power To Go Public Via $8-Billion SPAC Deal
India’s largest renewable energy firm ReNew Power on Wednesday agreed to go public through a merger with…
JPMorgan’s Blockchain Payments Test Is Literally Out Of This World
Stuck in space with bills to pay? Don’t worry, the satellites could take care of it.
JPMorgan Chase & Co has…
Biotech Firm Launches Lassa Vaccine Trial In West Africa
A biotechnology company, INOVIO, says the first participant in Lassa vaccine trial has been dosed in a Phase 1B…