FX Rigging May Have Spread To 200 Chat Rooms, Lawyer Says
Traders may have used as many as 200 online chat rooms to rig foreign exchange rates, far more than previously…
Nigeria’s Inflation Hits 16.47% As Food Prices Soar To Record High
Nigeria’s inflation rate rose to 16.47% (year-on-year) in January 2021 as against 15.75%…
Amazon Says To Make TV Streaming Device In India
Amazon.com Inc will start making its TV streaming device in India this year via a unit of Taiwanese contract…
BOJ’s Kuroda Says No Plan To ‘Permanently Reduce’ ETF Buying,…
Japan’s central bank has no plans to “permanently reduce” its purchases of exchange-traded funds (ETF), its…
Brent Oil Holds Above $63 With Cold Snap Disrupting U.S. Supply
Brent oil held gains in Asia after closing at the highest level in more than a year as electricity blackouts caused…
Shell Files Int’l Arbitration Against Nigeria Over Oil Spill Case
Royal Dutch Shell has initiated international arbitration against Nigeria over a dispute regarding an oil spill…
Central Bank Of Nigeria Sets 15 Months For N21.3b National Theatre Remodelling
The N21.3 billion National Arts Theatre remodelling will be completed in the next 15 months, Central Bank of…
Naira Gains Slightly, Exchanges For 473/$
The naira on Monday exchanged at 473/$ at the parallel market, after trading at 477 the previous week.
At the…
Euro Zone Eyes March-May Decisions On Post-COVID Econ Support Tapering
The euro zone is likely to decide between March and May when and how governments would start tapering support to…
U.S. Oil Wells, Refineries Shut As Winter Storm Hits Energy Sector
A deep freeze across the United States is taking a toll on the energy industry in the largest U.S. crude-producing…
Bank Of America Names The Emerging Market Currencies To Back As Inflation Risks…
With global demand returning and supply bottlenecks likely to drive up shipping, food and energy prices, Bank of…
Dollar In Doldrums As Recovery Optimism Thrives
The U.S. dollar was pinned down on Tuesday, as vaccine optimism boosted the British pound to an almost three-year…
How Low-Income Nigerians Get Lifeline From Trading Crypto Currencies
As issues continue to surround the recent order by the Central Bank of Nigeria to banks…
Investing In Nigeria: Top Picks For 2021
Following 2020, a year the world faced an existential crisis with many households and businesses losing incomes,…
BUA Cement Grow Gross 2020 Full Year Profit To N95Bn
BUA Cement, Nigeria’s second largest cement company, has announced full year revenue of N209 billion in its…
Shareholders Sue Federal Government Of Nigeria Over Plans To Borrow Unclaimed…
Determined to stop the federal government from taking over their unclaimed dividends, some shareholders of…
Investors Lose N660Bn As Stock Market Ends Lower
Investors lost N660bn last week as the nation’s stock market closed lower at the end of trading amid lingering…
Officialy: Okonjo-Iweala appointed as WTO DG
The former Minister of Finance, Ngozi Okonjo-Iweala has been appointed as the Director-General of the World Trade…
All JLR Cars To Be Fully Electric By 2030; Jaguar All Electric By 2025
Jaguar Land Rover’s car range will be fully electric by 2030 as the carmaker joins a global race to develop…
Exclusive: EU Antitrust Regulators To Okay Siemens Healthineers’ $16.4…
EU antitrust regulators are set to grant conditional clearance to German health group Siemens Healthineers’…
Equity Investors In Panic As Fixed-Income Yields Rise
As investors worry over the continuous uptick in yields in the fixed income market, negative sentiments persisted…
Bearish Sentiment Strengthened As Nigerian Stock Exchange Capitalisation Dips N75b
The Nigerian Stock Exchange (NSE) commenced trading for the week on a downward note, following losses recorded by…
NYSC Members Get N4m Business Grants In Corpreneurship Challenge
At least twelve members of the National Youth Service Corps (NYSC) who took part in Unity Bank’s flagship business…
Japan Economy Shrinks For First Time Since 2009 But Tops Forecast
Japan’s pandemic-hit economy shrank in 2020 for the first time in more than a decade, but the contraction was less…
Rice, Flour, Sugar, Cement Top Free Trade Exemption List
Despite Nigeria’s comparative advantage and self-sufficiency status in the production of certain products, cement,…
West Texas Intermediate Crude Breaks $60 A Barrel On Oil Supply Worries
US oil prices rallied past $60 a barrel on Monday for the first time in more than a year, fuelled by concerns about…
Investors Left To Fly Blind On Bid Approaches
For even the most battle-hardened private investor or self-possessed institutional fund manager, divesting some…
Rolls-Royce Hires Ex-Deloitte Partner Panos Kakoullis As Finance Chief
Rolls-Royce is to appoint a finance director with no experience of a top job at a publicly-listed company.
The…
Nissan Says ‘Not In Talks With Apple’ Over Autonomous Car Project
Nissan Motor Co Ltd said on Monday it is not in talks with Apple Inc, following a report that the iPhone maker…
Mining Stocks Power Gains In Europe On Recovery Optimism
European shares scaled one-year highs on Monday and mining stocks tracked a jump in copper prices as bets of more…