Jamie Dimon Says He’s OK With Higher Taxes On The Rich, But Wealth Tax Is ‘Almost…
SINGAPORE — J.P. Morgan Chase’s Chief Executive Jamie Dimon said he’s not against higher taxes on the rich, but a…
Nike Shares Soar As Online Sales Jump 82%, Retailer Sees Rebound In China
Nike shares soared 13% in extended trading Tuesday as the company reported an 82% increase in online sales and…
FG Slashes Spending On JV Oil Assets By 62%
Amid the coronavirus-induced sharp drop in its revenues, the Federal Government reduced its spending on oil and gas…
Foreign Investors Losing Confidence In Nigeria’s Oil Industry —Kyari
The Group Managing Director of the Nigerian National Petroleum Corporation, Mallam Mele Kyari, has said there is a…
COVID-19: NCAA Threatens To Stop Domestic Flights Over Non-Compliance
The Nigerian Civil Aviation Authority on Monday says it observed that some airlines operating domestic flights in…
Oil Falls To $41 As Economic Outlook Dims
The international oil benchmark, Brent crude, declined by about five per cent on Monday, as rising coronavirus…
CBN Decries Speculation As Naira Plunges, Exchanges For 465/$
Declining export receipts from oil and speculative activities of the Bureau De Change operators among other…
Bank Of England Denies Negative Interest Rate Hint
Bank of England (BOE) governor Andrew Bailey has denied that the central bank’s latest policy statement implied…
No Hike In Gas Prices For Domestic Market, GACN Clarifies
The Gas Aggregation Company Nigeria Limited (GACN) has said that its decision to review existing agreements used in…
Digital Euro Would Provide Alternative To Cryptos, ECB President Lagarde Says
The European Central Bank (ECB) is looking into the benefits and risks of a digital currency, according to its…
Your Bank May Not Be The Only One With Your Banking Information
There’s a popular misconception that banks are the only ones with account holders’ banking information such as…
Chemical Union Seeks Reversal Of CBN’s Forex Policy
The National Union of Chemical Footwear Rubber Leather and Non-Metallic Products Employees (NUCFRLANMPE) has urged…
Nigeria Unexectedly Cuts Key Rate On Recession Threat
The Central Bank of Nigeria unexpectedly cut its key interest rate to the lowest since 2016 on concerns of a…
Update 1-Nigeria’s Cenbank Cuts Benchmark Rate To 11.5%
Nigeria’s central bank cut its benchmark lending rate on Tuesday by 100 basis points to 11.5% in an attempt to…
Dollar Bounceback Pauses, Aussie And Kiwi Regain Lost Ground
The tide of risk-aversion which saw the dollar hit new six-week highs early on Tuesday ebbed as the session wore…
Guide To Buying Land & House In Nigeria
Buying land in Nigeria involve various legal requirements and key procedures to be followed. The first key step…
How FG Spent N8.9t On Subsidy In 10 Years -PPPRA
The Petroleum Products Pricing Regulatory Agency (PPPRA) says the Federal Government has spent a total of N8.94…
Leaked Documents Reveal Money Laundering Scam Worth $2tn
Several leaked documents have revealed how the world’s biggest banks enable criminals to launder money around the…
Microsoft Buys Bethesda, The Company That Makes Hit Games Fallout, The Elder…
Microsoft announced Monday that it will buy ZeniMax Media, the company that owns well-known video game publisher…
Here’s What A Biden Presidential Win May Mean For Your Social Security Benefits
The 2020 presidential election could be a make it or break it moment for Social Security.
The reason: Social…
Foreign Reserves Rise By $140.9m, Now $35.81bn
The country’s foreign reserves rose by $140.9m from $35.67bn as of September 1 to $35.81bn as of September 17, the…
Forex-Dollar Slips, Yen Inches Higher As Fed Rhetoric In Focus
The dollar slipped and yen and yuan led Asia's currencies a little higher on Monday, as investors looked ahead to a…
Dow Drops More Than 600 Points As September Sell-Off Picks Up Steam
Stocks fell sharply on Monday as fears about the worsening coronavirus as well as uncertainty on further fiscal…
Sterling Edges Lower Amid Second National Lockdown Threat
Sterling was under pressure on Monday as rising COVID-19 cases prompted Britain to consider a second national…
$500m Investment Lands In Kaduna
Gov. Nasir El-Rufai of Kaduna state, said his administration has attracted 25 new businesses worth over $500…
FG Monthly Oil Sales Revenue Tumbles By 75%
The Federal Government saw its crude oil sales revenue plunge by 74.89 per cent in July to a record low of $55.29m,…
ByteDance Says It Will Own 80% Of TikTok Global, Contradicts Trump’s Claims Deal…
GUANGZHOU, China — Beijing-based ByteDance said it would own a majority stake in the new TikTok Global in the U.S.,…
Nigeria: Inflation, Forex Scarcity Worsens Woes In Manufacturing Sector
Growth rate in the manufacturing sector is projected to suffer further decline in September and third quarter of…
SEC – Digital Assets Classification Aimed At Investor Protection
Securities and Exchange Commission (SEC) has explained that the recently-released statement on digital assets and…
CBN’s Poor Regulation Of BDCs Hurting The Economy
The CBN has been inexcusably weak in enforcing its own rules, reflecting how politics, sectionalism and elite…