Global Stocks Mostly Fall Amid Angst At Inflation Risk
Global stock markets mostly fell Wednesday, with investors worried about high-flying share prices and the potential for inflation to spiral. On Wall Street, the Dow eked out another record, but…
Buhari To Offload Refineries, Tafawa Balewa Square, Trade Fair Complex Others To Fund 2021 Budget
President Muhammadu Buhari administration is seeking the National Assembly approval for the sale of national assets largely to finance the N13.58 trillion 2021 budget, The Premier News reported. At least…
Use of cryptocurrencies, a concern – IMF
The International Monetary Fund has called for caution in the use of cryptocurrencies, describing it as a concern. It disclosed this during a virtual briefing on the recently published 2020…
JUST IN: Jimoh Ibrahim Loses Bid To Vacate Order On Seized Assets Over Alleged N69.4 Billion Debt
A Federal High Court in Lagos has declined to vacate an interim order through which the Asset Management Corporation of Nigeria (AMCON) seized properties belonging to a businessman Jimoh Ibrahim…
WTO: APC congratulates Ngozi Okonjo-Iweala
Stephen Godonu, Abuja The All Progressives Congress (APC) has congratulated Dr Ngozi Okonjo-Iweala on her appointment as the Director-General of World Trade Organisation (WTO). It said the confirmation of the…
BREAKING: Senate Summons CBN Governor, DG SEC Over Cryptocurrency Ban
The Senate has mandated its Committees on Banking, Insurance and Other Financial Institutions, ICT and Cybercrimes and Capital Market to invite the Governor of the Central Bank of Nigeria, Godwin…
Mastercard To Adopt Cryptocurrency As Payment Option
Mastercard says it will begin to accept cryptocurrencies on its network in 2021. In a blog post by Raj Dhamodharan, its executive vice president for digital assets, blockchain products and…
Heineken To Cut 8,000 Jobs As Pandemic Hits Sales
Dutch brewing giant Heineken said on Wednesday it would cut around 8,000 jobs worldwide as the coronavirus pandemic pushed it into the red. The world’s number two brewer after Belgian-Brazilian…
How Nigerians Can Exploit China’s $22tn Market –Chinese Director
The Director, Centre for China Studies, Mr Charles Onunaiju, has said that Nigerians could exploit the huge economic opportunities in the $22tn Chinese market if the Federal Government implements certain…
Bauchi, Delta, Gombe… 26 States That Attracted Zero Foreign Investments In 2020
Foreign investors ignored 26 states in Nigeria in the whole of 2020. The capital importation report recently published by the National Bureau of Statistics details the value of fresh investments…
