Nigeria: Presidency Keeps Mum As IG, Adamu, Retires Today
Will President Muhammadu Buhari replace the Inspector-General of Police, Mr. Mohammed Adamu, who is billed to…
Nigeria: 2023 Igbo Presidency Campaigners Form Coalition
Campaigners for Nigerian President in 2023 from the South-East Zone, at the weekend, formed a coalition to deepen…
Nigeria: Buhari Fails To Summon Police Council Meeting, IGP’s Tenure Ends Today
The President, Major General Muhammadu Buhari (retd.), has failed to summon a meeting of the Nigeria Police Council…
Nigeria: NCC Moves To Curb Data Depletion, Faulty Deductions
The Nigerian Communications Commission (NCC) has stepped into all cases of data depletion and wrong deductions of…
Finance Act (2020): Fallacies In FIRS’ New Powers Over SMEs
IT is no longer news that the Finance Act (2020), which was signed into law on December 31, 2020 by President…
Banking Gearing Up For Major Restructuring
The banking sector is experiencing a paradigm shift with traditional banks facing stiff competition from new…
CBN’s Free Meal And Rising Fiscal Complacency
No penalty on earth will stop people from stealing if it is their only way of getting food,” says Raphael Nonsenso…
External Reserves Hit $36.39bn On Improved Crude Oil Price
The external reserves stood at $36.39bn as of January 27, the latest figures from the Central Bank of Nigeria…
CAP Posts N8.7bn Revenue In 2020
Chemical and Allied Products Plc (CAP) has announced that its revenue grew to N8.7 billion in 2020 from N8.4…
Equity Market Closes January Bullish, Gains N1.13Tn
Trading activities on the floor of the Nigerian stock market finished the month of January impressive to emerge the…
San Francisco Businesses Teeter On The Brink After A Year Of Lockdowns, Fires And…
In late October, when San Francisco moved into California’s least-restrictive Covid-19 “yellow tier” —…
United Sends 14,000 Furlough Warnings; Unions Seek $15B New U.S. Aid For Airlines
United Airlines said on Friday it warned some 14,000 employees that they might be furloughed, and aviation unions…
Tesla Service Now Includes Collision Repairs, Fulfilling Elon Musk’s 2018 Promise
Elon Musk’s electric car company notified customers on Friday that Tesla Service Centers now offer collision…
Hedge Fund Billionaire Steve Cohen Leaves Twitter After Family Receives Threats…
Steve Cohen, the founder of hedge fund Point72 and owner of the New York Mets, has deactivated his Twitter account…
Treasury Yields Climb Following Key Economic Data
U.S. Treasury yields climbed on Friday morning, following the release of key economic data in the previous…
Dutch Court Rules Shell Liable For Niger Delta Oil Spills
An appeals court in the Netherlands on Friday ordered Royal Dutch Shell to pay compensation to Nigerian farmers…
UK Says It Expects No Vaccine Interruption From EU; Brussels Admits Irish…
EU officials confessed on Saturday to a “blunder” in invoking Northern Ireland Brexit emergency powers during a…
Biden Says Action On COVID-19 Stimulus Needed ‘Now’
U.S. President Joe Biden said on Friday that Congress needs to take immediate action on his $1.9 trillion COVID-19…
UAE Adopts Amendments To Grant Citizenship To Investors And Other Professionals
The United Arab Emirates has adopted amendments that would allow the Gulf state to grant citizenship to investors…
Robinhood Raises $1 Billion Of Fresh Funding From Existing Investors
Online broker Robinhood has raised more than $1 billion of fresh capital from existing investors, having been…
Nigeria: FG Donates Relief Materials To Over 2,000 IDPs In Zamfara — Commission
The National Commission for Refugees, Migrants, and Internally Displaced Persons, on Friday, launched the…
Five Million Users To Benefit From Firm’s E-commerce App
An online e-commerce platform, Offerservice, has been unveiled in Lagos, to provide opportunities for corporations,…
Exclusive: China Gene Firm Providing Worldwide COVID Tests Worked With Chinese…
BGI Group, the world’s largest genomics company, has worked with China’s military on research that ranges from mass…
Musk’s SpaceX Violated Its Launch License In Explosive Starship Test: The…
SpaceX’s first high-altitude test flight of its Starship rocket, which exploded last month while attempting to land…
Nigeria, Middle East Trade Volume Hits $19.3Bn
The bilateral trade volume between Nigeria and the Middle East reached $19.3 billion in 2019 while Nigeria’s export…
U.S. Consumer Spending Decreases Further; Inflation Creeping Up
U.S. consumer spending fell for a second straight month in December amid renewed business restrictions to slow the…
FG Commits $670M On $3.5Bn Brass Methanol Plant Construction
The Federal Government has committed an equity investment of $670m for the construction of 10,000 tonnes per day…
Silver Lake Cashes Out On AMC For $713 Million After Reddit-Fueled Rally
Buyout firm Silver Lake disclosed on Friday that it sold its stake in AMC Entertainment Holdings for $713 million…
Goldman Sachs Loses Legal Fight Against EU Cartel Fine
U.S. investment bank Goldman Sachs on Wednesday lost its fight against an EU cartel fine handed down to its former…
US Stock Market Weird Week Explained
Here’s how ordinary investors, spurred on by a Reddit message board, took on the big Wall Street funds and sent…