The Central Bank of Nigeria’s Monetary Policy Committee (CBN’s MPC) has agreed to retain its key lending rate at 11.5 per cent, while keeping all other monetary parameters unchanged. The

As part of the US banks expansion into the UK retail banking and investment market, JPMorgan American multinational investment bank has agreed to buy UK digital wealth manager Nutmeg. The

Three years after it issued a debt instrument in the International Capital Market (ICM) with a $2.5 billion aggregate Eurobonds under its Global Medium Term Note Programme, Nigeria has announced

The current challenge of dollar-crunch in Nigeria may hinder plans by Royal Dutch Shell to sell off its onshore and shallow water assets, being managed by its Nigerian unit, the

Nigeria’s current public debt stock is unsustainable even though the country’s debt-to-Gross Domestic Product (GDP) ratio at 35 per cent seems comfortable, Chairman of President Muhammadu Buhari’s Economic Advisory Council

SpaceX’s first private flight streaked into orbit Wednesday night with two contest winners, a health care worker and their rich sponsor, the most ambitious leap yet in space tourism. It

Lagos State Governor, Babajide Sanwo-Olu has signed a memorandum of understanding (MoU) with FMDQ Group and Financial Sector Deepening (FSD) Africa, on the proposed N25 billion (over $60 million) green

The Rivers State government on Tuesday asked the Supreme Court of Nigeria to quash the ruling of the Court of Appeal, Abuja Division, which ordered parties to maintain Status Quo

Alphabet Inc’s Google said on Wednesday its presence in South Korea equates to nearly 12 trillion won ($10.16 billion) in economic benefits for its users, as the U.S. tech giant

Macau casino operator stocks plummeted by as much as a third on Wednesday, losing around $14 billion in value, as the government kicked off a public consultation that investors fear

Alibaba Group Holding Limited has led investments worth more than $300 million into Chinese autonomous driving start-up called DeepRoute.ai DeepRoute.ai makes self-driving systems for vehicles that involve hardware and software.

South Korea’s competition regulator has vowed to fine Google the U.S. tech giant, $176.9 million (207.4b Korean won) for allegedly using its dominant market position in the mobile operating system

The Organisation of Petroleum Exporting Countries (OPEC) on Monday expanded its global oil demand forecast for 2022 by almost one million barrels per day (bpd), to 100.83 million bpd. This

Fidelity Bank Plc has reported a profit before tax (PBT) increase of 72.4 percent to N20 billion for half year (H1) ended June 31, 2021, as against the N12 billion

A BBC Panorama investigation has found evidence that suggests one of Britain’s biggest companies paid a bribe to the former Zimbabwean leader Robert Mugabe. Documents show British American Tobacco (BAT)

The Nigerian Civil Aviation Authority (NCAA) has given permission to airlines operating international service to Nigerian destinations to allow passengers travelling to the country, who were unable to show evidence

Felix Tshisekedi, the president of the Democratic Republic of the Congo (DRC), has called for a review of mining contracts signed with China in 2008 by his predecessor, saying he

The Nigerian National Petroleum Corporation (NNPC) slashed the various fees collected by directors of the national oil company from N606 million in 2019 to N214 million in 2020, a THISDAY’s

The Central Bank of Nigeria (CBN) has again dispelled speculations that it was planning to convert the foreign exchange (FX) in domiciliary accounts of bank customers into naira. The apex