Nigeria’s SEC Recognises Cryptocurrencies As Securities
Crypto assets have been defined as securities “unless proven otherwise” Nigeria takes another step forward in integrating cryptocurrencies by formally…
Nigeria Must Lift Bank Loans To Agricultural Sector To 10% Of Total In 4 Years – Cenbank
Nigeria needs to more than double the proportion of bank loans it makes to the agricultural sector to 10% within…
Moody’s Changes Global Oil Exploration, Production Outlook To Stable
The outlook for the global exploration & production (E&P) sector has been changed to stable from negative, Moody’s Investors Service…
UPDATE 2-IEA Says Oil Demand Recovery Set To Slow For Rest Of 2020
The International Energy Agency (IEA) trimmed its 2020 oil demand forecast on Tuesday, citing caution about the pace of economic…
Nigeria’s Inflation For August Highest In 28 Months
Nigeria’s inflation rate rose further to 13.22 per cent in August, the highest in 28 months, as a result of…
Some Airlines Are Introducing ‘Flights To Nowhere’ — And People Are Paying To Take Them
Singapore Airlines is said to be considering a new route next month — what media reports are calling a “flight…
COVID-19 Has Set Global Health Progress Back Decades: Gates Foundation
The knock-on effects of the coronavirus pandemic have halted and reversed global health progress, setting it back 25 years and…
General Motors To Unveil Hummer EV Pickup With ‘Crab Mode’ In October
General Motors will reveal the GMC Hummer EV – its first all-electric pickup – in October, roughly a year ahead…
Macy’s Unveils Plans For Televised-Only Thanksgiving Day Parade, Scraps Parade Route
New York City will host this year’s Macy’s Thanksgiving Day Parade, though the celebration will “not be the same parade…
Here’s What To Expect From Kraft Heinz’s Investor Meeting
Kraft Heinz is scheduled to present its new strategy for the company on Tuesday morning to investors, who are looking…
Sally Rumbles Into U.S. Gulf Coast, Historic Flooding Possible
Hurricane Sally drew closer to the U.S. Gulf Coast on Tuesday morning, threatening historic floods along the coast, the National…
PepsiCo To Launch Drink To Aid Sleep As Consumers Struggle With Stress
Doctors and dentists are reporting more cases of cracked teeth and insomnia as the coronavirus pandemic takes a toll on…
Bill Gates Doesn’t Expect A Virus Vaccine Before Year-End — But He Says One Drugmaker Has The Best Chance
Bill Gates doesn’t believe any of the coronavirus vaccines in development are likely to seek U.S. approval before the end…
Pandemic-Proof Apple To Kick Off Lineup For Critical Holiday Season
Apple Inc AAPL.O shares have soared this year even as a pandemic has crippled economies around the world, thanks in…
Snowflake Bumps Expected IPO Price By About 30%, Could Debut At More Than $30 Billion Valuation
Data storage software company Snowflake has raised its estimated IPO price by around 30% since last week, according to an…
Jim Cramer Reveals Playbook For Snowflake IPO: ‘It’s A Great Concept’
CNBC’s Jim Cramer on Monday made a recommendation on the soon-to-be public stock of Snowflake, the cloud enterprise tech company…
Sony Stock Stumbles After Company Reportedly Cut Estimate For PlayStation 5 Production
SINGAPORE — Shares of Japan’s Sony fell following a report that the company is reducing its estimated production for its…
Holiday Spending Will Hinge On How Much The Rich Splurge And The Poor Cut Back
The growth rate for retail sales this holiday season is forecast to be less robust than in recent years, according…
2023: Plot To Install Governor As Buhari’s Successor Will Fail — Marafa
A former governorship aspirant in Zamfara State, Senator Kabiru Garba Marafa, yesterday warned stalwarts of the All Progressives Congress (APC)…
ABCON Projects Naira Stability
The Association of Bureau De Change Operators of Nigeria on Monday said in spite of the marginal losses of the…
Ban On Lufthansa, Air France, KLM, Others Not Political – FG
The Federal Government on Monday explained its decision to ban some international airlines from coming into the country is not…
Nigeria to Regulate Crypto-Currency Trading to Protect Investors
Nigeria’s Securities and Exchange Commission said it will regulate trade in digital currencies to provide protection for investors and to…
Nigeria: FG Threatens Passport Suspension, Visa Cancellation For Travellers
The Federal Government has vowed to descend heavily on travellers that fail to conduct the mandatory COVID-19 PCR test. While…
Danjuma Says No Need To Change Performing Edo Governor
enator Daisy Danjuma on Monday called on Edo women to rally round the re-election of Gov. Godwin Obaseki for a…
Forbes Lists Messi Second Footballer To Earn $1 billion
Barcelona forward, Lionel Messi has been named the second professional footballer to earn $1 billion in his career. This is…
Oil Market Outlook: What Trump Or Biden Presidency Means For Nigeria
Whether it’s the Republican candidate Donald Trump or Democratic candidate Joe Biden, the winner of the forthcoming United States presidential…
Hotel Rwanda Hero’ Appears In Rwandan Court Amid Tight Security
Paul Rusesabagina, portrayed as a hero in a Hollywood movie about Rwanda’s 1994 genocide, appeared in a Rwandan court amid…
World’s First Collectible Digital Coin Emailed To ECB Policy Makers
The email inboxes of European Central Bank policy makers were pinged on Monday with an unusual gift from one of…
Ghana’s Power Abundance Turns to Burden as Energy Debts Mount
Ghana lured investors to its power industry to end chronic electricity shortages with deals it can no longer afford. The…
Nigeria’s SEC Classifies Cryptocurrencies As Securities In Landmark Regulatory Document
Nigeria’s Securities and Exchange Commission (SEC) on Monday designated the title of “securities” to crypto assets and hence will be…