Stealing Bank Funds: Court convicts, jails fmr Bank PHB MD Atuche,
After about 10 years of trial, a former Managing Director of defunct Bank PHB, Francis Atuche, has been convicted by an Ikeja Division of...
IMF, World Bank establish advisory group on sustainable, inclusive growth
The World Bank Group and the International Monetary Fund (IMF) have set up a High-Level Advisory Group (HLAG) on sustainable and inclusive recovery and...
CBN may launch digital currency end of 2021 – official
The Central Bank of Nigeria (CBN) on Thursday in Lagos said that its digital currency might be launched by the end of 2021.
Mrs Rakiya...
Nigeria’s total public debt tops N33 trillion – DMO
The Debt Management Office (DMO) says Nigeria’s Public Debt Stock is N33.107 trillion (about 87.239 billion dollars), as at March 31, 2021.
This is contained...
IMF Approves $772 Million Credit For Angola
The International Monetary Fund has approved the immediate disbursement of $772 million to Angola as part of a three-year arrangement signed in 2018 to...
Nigerian stock market rebounds by N102bn on bargain hunting
The bulls returned on the Nigerian stock market on Tuesday with investors’ net worth appreciating by N102 billion on bargain hunting.
The bullish performance was...
Bitcoin Stabilises At $41,600, As European Stocks Show Improvement
European stock markets recovered a bit Thursday from slumps the previous day, with investors comforted by brighter economic outlooks and easing coronavirus concerns, analysts...
Taxation way out of dwindling oil revenue- El Rufai
Gov. Nasir El Rufai of Kaduna state has identified taxation as one of the ways to raise revenue to effectively run government and provide...
Bitcoin Tumbles Below $39,000 After China Issues Warning
Bitcoin plunged below $39,000 for the first time in more than three months Wednesday after China said cryptocurrencies would not be allowed in transactions...
Tesla Halts Its Romance With Bitcoin Citing Climate Concerns
Tesla hit the brakes Wednesday on letting people pay for electric cars with bitcoin, saying the computing-intense mining process of creating new cryptocurrency spews...
Company Income Tax increases by N97.05bn in Q1, 2021- NBS
The National Bureau of Statistics (NBS) says N392.77 billion was generated as Company Income Tax (CIT) in Quarter One, 2021 (Q1, 2021) an increase...
UK Economy In Recovery Mode Ahead Of Lockdown Easing
Britain’s economic recovery began to recover strongly at the end of the first quarter despite lockdown restrictions, official data revealed on Wednesday.
Gross domestic product...
AfDB to invest $3bn in Africa’s pharmaceutical industry
The African Development Bank (AfDB) has said it would invest 3 billion dollars to build Africa’s pharmaceutical industry in the next 10 years.
President of...
FG Partners Microsoft On Digital Transformation, Job Creation
The Federal Government is partnering with Microsoft Corporation to accelerate Nigeria’s resolve towards a more digital economy.
This is in line with the Economic Sustainability...
Verizon To Sell Yahoo, AOL For $5bn To Private Equity Firm
Verizon announced on Monday it was selling faded internet stars Yahoo and AOL to a private equity firm for $5 billion, ending the online...
