Naira Closes Stronger Against Dollar, Euro At Black Market
The Naira closed stronger against the US Dollar and the Euro at the unregulated segment of the foreign exchange (FX)…
Qatar To Invest $5bn In Nigeria, Says Onyeama
The oil-rich state of Qatar is to invest $5 billion in the Nigerian economy, the Foreign Affairs Minister, Chief Godfrey…
Printing Currency Could Hurt Economy, Analysts Warn FG
Analysts have expressed concerns over a recent claim that the federal government resorted to printing money to augment the monthly…
Credit Suisse To Pay Out Another $1.7 Billion Of Greensill-Linked Fund Assets
Credit Suisse has made further progress in winding down funds connected with Greensill Capital and is able to distribute another…
Appzone Secures $10m Series A, Biggest Investment Led By Nigerian VC
Nigerian-founded venture capital firm CardinalStone Capital Advisers is leading a $10 million Series A funding in Appzone that delivers best-in-class…
Fed Looks Poised To Step Up Buying In Belly Of Treasuries Curve
The Treasury market’s weight has shifted around in the past year, meaning the Federal Reserve’s $80 billion monthly purchases no…
Grab To Unveil World’s Biggest SPAC Merger, Valued At Nearly $40 Billion: Sources
Southeast Asia’s biggest ride-hailing and food delivery firm Grab Holdings will announce as early as Tuesday a merger with U.S.-based…
COVID-19 Vaccination Low Turnout Hits States As First Phase Ends April 16 Nationwide
As the target date given by the federal government for states to end the first phase of COVID-19 vaccination approaches,…
PenCom Gets ISO Certification
The National Pension Commission said it has attained ISO 27001:2013 certification for its Information Security Management System. It said in…
Software Maker UiPath Aims For Nearly $26 Billion Valuation In U.S. IPO
Robotic process automation startup UiPath Inc is targeting a valuation of nearly $26 billion in its U.S. initial public offering…
Kyari Excited As Train Delivers Gas Pipes For For $2.8bn AKK Project
For the first since its take-off last year, the $2.8 billion Ajaokuta-Kaduna-Kano (AKK) gas pipeline project received a boost at…
OPL 245: Shell, Eni Should Face Prosecution, HEDA Tells Buhari
President Muhammadu Buhari has been asked to ensure that oil giants, Shell and Eni face prosecution in Nigeria. Shell and…
Tin-Can Port Customs Earned N112.7bn In Q1
The import revenue generation at the Tin-Can Island Command of the Nigeria Customs Service (NCS) rose by 23 per cent…
Ex-Banker Guillermo Lasso Elected Ecuador President
Former banker Guillermo Lasso won Ecuador’s presidential election Sunday, pledging “opportunities and prosperity” despite a pandemic-battered and debt-laden economy and…
We’re Not Aware Of Currency Printing – Finance Ministry, Central Bank Of Nigeria
The Central Bank of Nigeria had denied knowledge of claim that Nigeria printed billions of naira last month to cushion…
White House To Zero In On Chip Shortage In Meeting With Company Officials
Senior White House officials will meet on Monday with top executives from nearly 20 major companies to discuss a global…
Smartphone Shipments In China In March Increase 67.7%: CAICT
Shipments of smartphones within China increased 67.7% year-on-year to 35.5 million handsets in March, the China Academy of Information and…
Huawei To Reduce Reliance On Advanced Process Techniques
Chinese telecoms equipment maker Huawei Technologies will invest more in businesses that are less reliant on advanced process techniques, it…
No One Cares’: Lebanon’s Financial Crisis And Domestic Workers
abrina, a Bangladeshi domestic worker, is barely 127cm (4 feet 2 inches) tall and extremely thin. Her shoulder blades protruded…
Revealed! Real Reason Segun Agbaje Will Not Handover GTB to A Woman
The tussle for who succeeds Segun Agbaje as the Group Managing Director/Chief Executive Officer of Guaranty Trust Bank has reached…
SPW Participants Lament Non-Payment By Federal Government
Participants in the Federal Government’s Special Public Works programme have complained about the non-payment of their stipends three months after…
Firm Drives Home Rentals With Artificial Intelligence
Digital Landlord Nigeria Limited said it has adopted the use of artificial intelligence to drive rentals of its short-let apartments.…
Electricity Generation Falls To 3,922MW, 11 Plants Idle
Electricity generation in the country fell below the 4,000 megawatts mark on Sunday as 11 plants were idle, even as…
MTN, Banks Meet Tuesday, customers Reconnected To USSD
MTN customers have been reconnected to banking channels after commercial banks had blocked them from using their channels, including the…
Prince Harry Arrives Back In The UK For Prince Philip Funeral
Prince Harry, whose explosive interview alongside his wife Meghan plunged the royal family into its biggest crisis in decades, has…
Mitsubishi Motors To Cut Output In Japan And Thailand Due To Chip Shortage
Mitsubishi Motors Corp will cut production by a combined 7,500 vehicles at three plants in Japan and Thailand in April,…
South Korean PM Arrives In Iran To Help Try To Revive Nuclear Deal
South Korean Prime Minister Chung Sye-kyun arrived in Iran on Sunday to help try to restore a 2015 nuclear deal…
Fed’s Powell: U.S. Economy At An ‘Inflection Point’ – CBS ’60 Minutes’
The U.S. economy is at an “inflection point” with expectations that growth and hiring will pick up speed in the…
HSBC And Huawei CFO Reach Agreement On Document Publication Linked To Extradition Case
HSBC and Huawei Technologies’ Chief Financial Officer Meng Wanzhou have reached an agreement in a dispute about the publication of…
Commodities Trader Trafigura Launches Carbon Trading Desk
Trafigura has begun launching a carbon trading desk led by Hannah Hauman, the global commodities trading firm said on Friday,…