Nigeria: Power Should Move To Southern Nigeria In 2023
The governor of Kaduna State, Nasir El-Rufai, has said that Nigeria’s next president in 2023 should emerge from the…
Huawei To Stop Making Flagship Chipsets As U.S. Pressure Bites
Huawei Technologies Co will stop making its flagship Kirin chipsets next month, financial magazine Caixin said on…
U.S. Earnings Recovery May Be Faster Than In Previous Crises
U.S. companies’ profit growth forecasts for the next five years are still intact, according to Refinitiv data,…
Trump Threatens Executive Action If No Deal Is Reached In Coronavirus Stimulus…
After coronavirus aid talks between Democratic leaders and the Trump administration ground to a halt Friday,…
Dollar Gains, Stocks Ebb After Labor Report
The dollar bounced off two-year lows and a gauge of global equity markets stopped marching toward a record high on…
Zillow CEO: Real Estate Market Is Beginning ‘Great Reshuffling’ As People Seek…
The U.S. real estate market is beginning to show signs of a “great reshuffling,” as people relocate to homes with…
Nigeria: Gov Bala Defends Appointment Of SA On Unmarried Women
Bauchi State Governor Mohammed Bala has defended the appointment of Balaraba Ibrahim as a Special Assistant on…
Buffett Buys Back Record $5.1 Billion In Berkshire Stock As Coronavirus Hits…
Berkshire Hathaway announced on Saturday it bought back a record amount of its own stock during the second quarter…
Gold’s Record Breaking Rally Sputters On Dollar Bounce-Back
Gold slumped over 2% on Friday, snapping its record-breaking rally, after a decent U.S. jobs report boosted the…
Oil Slips On Demand Concerns, But Posts A Gain For The Week
Oil prices fell more than 1% on Friday, limiting their weekly gain due to concerns the global recovery could falter…
Coronavirus Punishes Warren Buffett As Berkshire Hathaway Takes Big Writedown
Berkshire Hathaway Inc on Saturday announced a $9.8 billion writedown for its Precision Castparts aircraft and…
Slowing U.S. Job Growth, Rising COVID-19 Raise Doubts On The Recovery’s…
U.S. employment growth slowed considerably in July, underscoring an urgent need for additional government aid as a…
U.S. Sanctions Branded ‘Clowning Actions’ As Hong Kong Vows It…
Beijing’s top representative office in Hong Kong said on Saturday that sanctions imposed by Washington on senior…
‘Bull Everything’ Rally Leaves Investors Wondering What To Own
With assets of all stripes rallying and the S&P 500 Index .SPX approaching fresh records, investors are facing…
Berkshire Takes Big Writedown For Precision Castparts, Operating Profit Falls
Warren Buffett’s Berkshire Hathaway Inc said on Saturday its quarterly operating profit fell 10%, and it took a big…
Nigeria: Retain Service Chiefs, Increase Army Funds
Ebonyi State Governor David Umahi on Friday advised President Muhammadu Buhari to retain the current armed force…
Nigeria: NDDC Pondei Lists Contracts Allegedly Paid Under ‘Duress’ To Get Budget…
The Acting Managing Director of the Niger Delta Development Commission (NDDC), Prof. Kemebradikumo Daniel Pondei,…
Wall Street Week Ahead: Bargain-hunters look to U.S. Real Estate Stocks As…
As the S&P 500 approaches fresh highs, some investors hope to pick up bargains in the battered U.S. real estate…
NPA Warns Shipping Firms Over Empty Containers
Failure by shipping firms to provide holding bays for empty containers is responsible for ports’ congestion,…
World Bank Approves $114 Mln For Nigeria’s COVID-19 Response
The World Bank has approved $114 million to help Nigeria tackle its coronavirus pandemic, the global lender said on…
Dollar Rises On Renewed U.S.-Sino Tensions, Jobs Data Eyed
The U.S. dollar rebounded whilst other major currencies weakened on Friday after President Donald Trump took steps…
Nigeria: Reps Summon Adeosun, Ahmed, Farouq Over N1.7tn NSIP Fund
The House of Representatives has summoned a former Minister of Finance, Mrs Kemi Adeosun; the incumbent Minister…
Fresh $100 Million Investment To Boost Nigeria’s Shipping Sector
Fresh $100 million investment is under way by the West Africa Container Terminal (WACT), to buoy Nigerian terminal…
Nigeria: DMO Lifts Suspension On FGN Savings Bond Offer
Four months after it suspended the Federal Government of Nigeria (FGN Savings Bond) offer, the Debt Management…
U.S. Govt Advises Citizens Against Travelling To Nigeria
Amidst the worsening security situation across Nigeria, the U.S. government has advised its citizens not to travel…
Travelex Poised For Reboot As Debt Restructuring Is Completed
The transaction is being arranged through a pre-packaged administration sale of certain UK Travelex entities. …
How Travelers Are Beating Tough Flight Restrictions
Travel curbs and border restrictions are upending lives around the globe, with some people resorting to chartering…
White Customers, Black Fabrics
The recent outpouring of support for Black-owned businesses has brought attention to fashion labels that work with…
Nigerian Crypto Activity Has Been On The Rise Since April
Nigeria outperformed the rest of the world by the level of interest in Bitcoin over recent months.
Nigeria, the …
Bad Weather Hurts Efforts To Stop Oil Spill Off Mauritius
Bad weather hindered efforts to contain an oil spill from a bulk carrier off the southeastern coast of Mauritius…