Nigeria: FG Puts up Recovered Assets for Sale, Invites Bids
The federal government is gearing up for the sale of recovered assets, including vehicles, boats, ships, plants and…
NESG Projects 2.9% Economic Growth In 2021
The Nigerian Economic Summit Group (NESG) has projected that the Nigerian economy would grow by 2.9 per cent in…
Oil Settles Near $55 A Barrel, Highest Level In Over A Year
Oil climbed to the highest level in over a year as tightening global supplies and signs of strength in physical…
Nigeria: FG, Labour To Consider Electricity Tariff, Fuel Price Reports Feb 22
The Federal Government and the organised labour will reconvene on February 22 for the consideration of the reports…
Amazon Gets Court To Block $3.3 Billion Retail Deal Involving India’s…
Amazon has been handed a major legal victory in its fight to block a multibillion-dollar deal between two of…
Jeff Bezos Is Stepping Down As Amazon CEO
Amazon founder Jeff Bezos will step down from his role as chief executive later this year and transition to the…
China Shares End Lower As Losses In Tech Stocks Offset Auto Gains
BEIJING, Feb 3 (Reuters) - China shares ended lower on Wednesday, as profit-taking in tech stocks with high…
A Good Start For The Nigerian Stock Market
Goddy Egene writes that the 5.3 per cent gain recorded by the equities market in January is a positive development…
Canadian Dollar Leads G10 Peers As U.S. Stimulus Hopes Rise
The Canadian dollar strengthened against its U.S. counterpart and all the other G10 currencies on Tuesday, as oil…
UK’s Austerity Guru Shows Better Timing As Banker
George Osborne is perhaps best-known for cutting government spending far too quickly as British finance minister…
Portugal’s Economy Fell 7.6% In 2020, Biggest Drop Since 1936
LISBON, Feb 2 (Reuters) - Portugal’s economy shrank 7.6% last year, its biggest annual slump since 1936, and the…
GameStop Slides, Silver Spree Stalls As Retail Traders Run Out Of Road
GameStop shares sank on Tuesday and a silver buying spree led by small investors subsided as the Reddit-driven…
Euro Zone Fourth-Quarter GDP Falls Less Than Expected, Another Fall Seen In First…
The European Union’s statistics office Eurostat said that according to its preliminary flash estimate, gross…
Young, Confident, Digitally Connected – Meet America’s New Day Traders
James Villalobos, a communications consultant for an insurance company in New York, downloaded the Robinhood online…
Wall St. Opens Higher Ahead Of Amazon, Alphabet Earnings; Stimulus In Focus
Wall Street’s main indexes opened higher on Tuesday, building on the previous session’s momentum, as investors…
Facebook To Prompt Users About Personalised Ads Ahead Apple’s Privacy Changes
Loss of privacy to social media platforms is at the heart of debates today on communication technologies and how…
Cybercrooks In Virtual ‘Scramble For Africa’
Africa’s mobile fraud losses will continue to rise above last year’s $4billion to peak at a record $5billion by the…
Nigeria’s Low-Interest Rate Creates Opportunities For These Businesses
Among the challenges in Nigeria’s troubled economy lie some opportunities. Access to cheap capital amid…
Nigeria Has $900Bn Dead Capital In Real Estate, Agric-PWC
Nigeria holds as much as $900 billion worth of dead capital locked up in residential real estate and agricultural…
Banks’ Non-Performing Loans Rise To N1.5Tn
The non-performing loans in the banking sector rose by N333bn as of the end of the third quarter of 2020 to N1.5tn…
CBN Cancels Commodity Exchange Privatisation, Invests N50 Billion
In the next 90 days, the Nigerian Commodity Exchange (NCX) will be repositioned to boost production of farmers.…
Foreign Reserves May Dip Below $30Bn –Analysts
As the Central Bank of Nigeria(CBN) puts the current level of the nation’s external reserves at $36.39 billion,…
UBN, Transcorp Top Trades On NSE As Index Drops 0.13%
Union Bank of Nigeria (UBN) Plc, Transcorp and UBA Plc were the most active stocks yesterday as the stock market…
Investors Gain N1.13 Trillion In January, As Equities Record Early Boom
Despite the prevailing economic downturn and the devastating effect of the COVD-19 crisis, the Nigerian stock…
Wall Street Ends Up Sharply, Led By Gains In Tech Shares
U.S. stocks ended sharply higher on Monday, led by gains in technology shares after last week’s steep market…
Robinhood CEO Explains To Elon Musk Why His Platform Restricted Trading Last Week
The co-founder of Robinhood took to invitation-only audio chat app Clubhouse to defend the investment…
Republicans Push For $1,000 Stimulus Checks. Here’s Who Would Qualify For The…
The next Covid stimulus checks could be smaller than $1,400 and reach fewer people if a new plan put forward by…
Marvel TV Show Set In Wakanda Coming To Disney+ As Part Of 5-Year Deal With ‘Black…
Disney is adding another TV show to its already stacked slate of Marvel content in development for Disney+.
On…
As U.S. Warns On Withdrawal, Data Shows Taliban Attacks Climb In Past Year
The number of attacks in Afghanistan by the Taliban in the last quarter of 2020 were higher than the same period…
Democrats Ready $1.9 Trillion Budget Measure For COVID Relief: Schumer
U.S. Senate Majority Leader Chuck Schumer said on Monday that congressional Democrats would file a $1.9 trillion…