House Democrats Question Findings Of Kodak’s Internal Review In Wake Of…
House lawmakers on Thursday questioned the findings of the law firm hired by Kodak’s special committee to conduct…
Hurricane Sally Moves Northeast As Florida, Alabama Neighborhoods Reckon With…
Hurricane Sally moved northeast on Thursday after causing massive flooding and destruction on the U.S. Gulf Coast.…
Govt’ll Ensure Nigerian Traders In Ghana Get Justice, Osinbajo Assures
Vice President Yemi Osinbajo, SAN, has assured Nigerian traders in Ghana of justice in their running battle with…
Inventories Hit N402 Billion Amid Weakened Purchasing Power, Forex Concerns
Despite struggling to access foreign exchange to secure raw materials, local manufacturers have decried the rising…
Petroleum Products Will Be Cheaper With Modular Refineries’
Information and Culture Minister Lai Mohammed has said the advent of modular refineries will lead to the production…
Fake COVID-19 Certificates Bog Air Travel
Nigerians have expressed fears following confirmation by the Presidential Taskforce on COVID-19 on Tuesday that…
Federal Reserve Fed Holds Rates Steady Near Zero And Indicates It Will Stay There…
The Federal Reserve kept its pledge to keep interest rates anchored near zero and promised to keep rates there…
Nigeria’s GDP Shrinks By 6.1% In Second Quarter
The Minister of Finance, Budget and National Planning, Dr Zainab Ahmed, has presented a report to the Federal…
Stranded NDDC ‘Scholars’ Hold Fresh Protest At Nigerian Embassy In UK
The students said their exclusion may have been to punish them for protesting against the delay in the release of…
Nigeria: NNPC Begins Rehabilitation Of Refineries
The Nigerian National Petroleum Corporation (NNPC) has audited the government’s ailing refineries and mobilised…
Economy Will Recover In Q1 2021, Says Minister
The Federal Government has predicted that the economy will rebound to positive territory in the first quarter (Q1)…
Ethiopian Airlines Resume Flights From New Jersey To Abuja, Lagos
Africa’s largest airline, Ethiopian Airlines, has resumed passenger flights from New Jersey, United States, to…
Survival Strategies Pushing Banks In Nigeria Away From Lending
The economic downturn in Nigeria is forcing the nation’s lenders to rewrite their business plans.
A shortage of…
International Arrivals To Abu Dhabi Must Wear COVID-19 Tracking Device
International passengers arriving at Abu Dhabi airport will now have to wear a tracking device while they complete…
Nigeria-Benin: Dangote Mediates Border Fight For Buhari And Talon
While the border between Benin and Nigeria has been closed since August 2019, Nigerian billionaire Aliko Dangote is…
China Is Pushing Its Currency Into Africa Through Fintech Partnerships
On September 9, UnionPay International announced a partnership with Interswitch East Africa, the regional business…
Bank Of England Warns Of ‘Unusually Uncertain’ Outlook, Reveals Negative Rates…
Markets now pricing in negative rates in the UK sooner, strategist says
LONDON - The Bank of England on Thursday…
CBN Okays N200b Housing Loan For Low Income Earners
The Central Bank of Nigeria (CBN) has announced N200 billion mortgage finance loan to Family Homes Fund (FHF).…
Ford’s Making Its Electric F-150 A Serious Work Truck In Bid To Set It Apart From…
DETROIT – Ford Motor plans to differentiate its upcoming all-electric F-150 from expected pickups by Tesla and…
Rent The Runway Overhauls Subscription Plan As Pandemic Reshapes Business
Rent the Runway is overhauling its membership plans, doing away with an unlimited rental option, as consumers…
Moderna Says It Will Begin Developing A Vaccine For Seasonal Flu
Biotech firm Moderna said Thursday it will begin developing a vaccine for the influenza season.
“We are…
CBN Goes Tough, Probes Gaming Companies’ Alleged FX Infraction
Following its earlier decision to place the accounts of some gaming companies under post-no-debit (PND), the…
Delta Increases Frequent Flyer-Backed Debt Sale To $9 Billion
Delta Air Lines is raising $9 billion in a massive debt sale backed by its frequent flyer program, the latest large…
Amazon Invests In Battery Recycling Firm Started By Former Tesla Executive
Amazon, one of the largest consumers of batteries in the world, is investing in battery recycling start-up Redwood…
Why GNC Filed For Bankruptcy Protection Despite Vitamin Sales Boom
For decades GNC has been the one-stop shop for vitamins, muscle-building protein powder packs and practically every…
5 Things To Know Before The Stock Market Opens Thursday
1. Wall Street set to drop with tech stocks under continued pressure
People walk past a business that is closing…
Moderna Expects To Know If Its Coronavirus Vaccine Works By November, CEO Says
Moderna should have enough data from its late-stage trial to know whether its coronavirus vaccine works in…
Europe On High Alert As Coronavirus Cases Rise And Targeted Lockdowns Return
There are growing concerns in Europe at what is being seen as an alarming rise in coronavirus cases, with the…
Dow Futures Drop More Than 200 Points After Fed Signals No Rate Hikes Until 2023
U.S. stock futures were lower early Thursday morning as traders digested the Federal Reserve’s pledge to keep rates…
CDC Director Says Face Masks May Provide More Protection Than Coronavirus Vaccine
Face coverings are “the most powerful public health tool” the nation has against the coronavirus and might even…