Forex: Turnover hit N22tn in seven months on FMDQ
NIGERIA, Sept. 6 – The turnover of foreign exchange on the FMDQ hit N22.98tn ($44bn) in the period between January and July 20...
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Oil Price jumps as Saudi Arabia, Russia extend production cuts to end-2023
WORLD, Sept. 5 – Oil prices jumped about 2% on Tuesday after Saudi Arabia and Russia announced a fresh extension to their volu...
Subsidy Anguish: Labour vows to ground economy, commences strike
NIGERIA, Sept. 5 – The Nigeria Labour Congress has vowed to ground the economy as it says the stage is set for a two-day natio...
African Climate Summit: AfDB commits $25bn to African climate fund
AFRICA, Sept. 5 – As part of efforts to accelerate action on climate adaptation, the President of African Development Bank, Fe...
Increasing debt cost to weigh on euro zone GDP growth – HSBC – Reuters
EURO ZONE, Sept. 5 – The growth in euro zone’s gross domestic product (GDP) may come under pressure as corporates ease t...
Elon Musk Accuses Anti-Defamation League of Damaging the Reputation of X (Twitter) – Beincrypto
WORLD, Sept. 5 – The recent spat between Elon Musk and the Anti-Defamation League (ADL) has escalated into a legal imbroglio. ...
Bitcoin is Falling as Analysts See More Declines Ahead
WORLD, Sept. 5 – Bitcoin and other cryptocurrencies slipped lower on Tuesday as digital assets continued to languish at relati...
Munich Auto Show: Europe’s carmakers uneasy over China’s EV prowess
WORLD, Sept. 5 – Europe’s carmakers have a fight on their hands to produce lower-cost electric vehicles (EVs) and erase...
Russian Ruble is in Continuous Downturn
RUSSIA, Sept. 4 – The Russian ruble depreciated past 96.5 per USD, reapproaching the 17-month low of 100 touched on August 14t...
Revenue: Consumers, companies’ taxes jump 96% to N2.3tn – NBS Report
NIGERIA, Sept. 4 – Government revenue got a boost as taxes from companies and consumers rose by 96.11 per cent to N2.31tn in t...