2m Urban Youths To Benefit From USAID $15m Project
The U.S. Agency for International Development (USAID) has launched a new activity designed to empower as many as two million…
Abercrombie & Fitch Profit Beats On Lower Costs, Higher Holiday Pricing
Abercrombie & Fitch Co reported a better-than-expected quarterly profit on Tuesday and said it would resume share buybacks, as the…
Brazil Monthly Producer Price Inflation 3.36% In January, Second Highest Since 2014
The monthly rate of producer price inflation in Brazil kicked off this year at its second highest since comparable records…
Hertz Set To Ride Out Of Bankruptcy With $4.2 Billion From Investment Firms
Two investment firms will buy a majority stake in Hertz Global Holdings Inc for $4.2 billion under a restructuring plan…
US Trade Rep Nominee Says She will Fight ‘unfair’ Chinese Trade
President Joe Biden’s US nominee for trade representative, Katherine Tai, says she will work to fight a range of “unfair”…
China Is Sounding The Alarm About A Global Market Bubble
One of China’s most powerful financial officials is sounding the alarm over a bubble in global markets. Guo Shuqing, the…
Nigeria Records Highest Power Transmission Of 5,615.40MW
The Transmission Company of Nigeria (TCN) says the power sector has recorded an all-time national peak of 5,615.40MW. A statement…
Covid Vaccines Lands In Nigeria
The much awaited COVID-19 vaccine has landed in Nigeria. The vaccine was brought into the country via Emirates flight B…
$11m Debt: We’re Under No Winding-Up Order, Says StarTimes
A Chinese electronics and media company, StarTimes, says it is not subject to any winding-up court order, following a petition…
Stock Market Begins March With N70Bn Gain
The nation’s stock market started the month on a positive note on the back of price appreciation recorded by UAC…
Imperial Acquires SA E-commerce Startup ParcelNinja
Logistics company Imperial recently announced that it has acquired 60% of ParcelNinja. The deal took effect on 1 February. The…
Forex Trading As A Pyramid Scheme – A New Fad
There is an ongoing forex craze fueled by multi-level marketing schemes with the promise to earn you passive income on…
Local Currency Gains N1.05 As Turnover Drops At I&E
The Naira opened the month of March stronger, recording a N1.05 or 0.26 per cent gain against the Dollar at…
Dollar Clings To Three-Weeks High As Yields Steady
The dollar held on to three-weeks highs against major currencies on Monday as U.S. and euro zone bond yields steadied,…
Forex Trading: A Beginner’s Guide
Forex is a portmanteau of foreign currency and exchange. Foreign exchange is the process of changing one currency into another currency for a…
German Retail Sales Tumble In January As Lockdown Bites
German retail sales tumbled more than expected in January as the COVID-19 lockdown and the withdrawal of a temporary cut…
Central Bank Of Nigeria To Increase Agric Loans By 6%
The Central Bank of Nigeria (CBN) said it will increase banking sector credit to the agriculture sector to 10 per…
Palm Oil In Focus As Swiss Vote On Trade Pact With Indonesia
Swiss voters will decide on a free trade agreement (FTA) with Indonesia on Sunday, with lower tariffs on palm oil…
Ebay, Adevinta To Divest Smaller British Units To Salvage $9.2 Billion Tie-Up
Norway’s Adevinta and U.S. e-commerce group eBay aim to sell three smaller British units in order to obtain regulatory approval…
Few Safe Havens As Equities Lose N1.36tr In February
Nigerian equities sunk into the red in February with sustained losses in four consecutive weeks eroding early gains and building…
European Central Bank Has Flexibility To Counter Undesired Yield Rise: De Guindos
The European Central Bank has the flexibility to counter any undesired rise in bond yields, the bank’s vice president told…
Walmart’s Flipkart Expands Grocery Sales To More Indian Cities
Walmart-owned Flipkart will sell groceries online in more Indian cities, as it seeks to compete better with Amazon and Reliance…
Betting On Death Of Petrol Cars, Volvo To Go All Electric By 2030
Volvo’s entire car lineup will be fully electric by 2030, the Chinese-owned company said on Tuesday, joining a growing number…
Asian Shares Fall Amid China’s Asset-Bubble Warning
Asia stocks dropped on Tuesday and European equity futures fell as a senior Chinese official expressed wariness about the risk…
China Aims To Vaccinate 40% Of Population By End-July: Senior Adviser
China aims to vaccinate 40% of its population against COVID-19 by the end of July, a senior health adviser told…
Mining Magnets: Arctic Island Finds Green Power Can Be A Curse
In the tenth century, Erik the Red, a Viking from Iceland, was so impressed with the vegetation on another Arctic…
To Go Electric, America Needs More Mines. Can It Be Built?
Last September, in the arid hills of northern Nevada, a cluster of flowers found nowhere else on earth died mysteriously…
Tyme Raises $110 Million To Grow Digital Bank For Underserved In South Africa, Asia
After raising $110 million in a Series B capital raise, Tyme plans to expand its digital bank for the underserved…
CDC Advisory Committee Recommends Johnson & Johnson Vaccine For People 18 And Older
The Centers for Disease Control and Prevention’s Advisory Committee on Immunization Practice voted on Sunday to recommend the Johnson &…
Canada ‘Disturbed’ By Charges Against Hong Kong Democrats: Foreign Minister
Canada is ‘disturbed’ by charges brought against 47 Hong Kong democrats and activists for conspiracy to commit subversion, Foreign Minister…