Saudi Arabia to Hire PwC to Advise on $20 Billion Cost Cuts Saudi Arabia is working with PricewaterhouseCoopers on plans to cancel about $20 billion of...
Bitcoin Extends Loss After China’s Central Bank Warns Investors Bitcoin extended Friday’s tumble amid concern China will tighten rules on the digital currency to curb capital...
Kuwait Says Saudi Arabia to U.A.E. Comply With OPEC Output Cuts Oil producers from Saudi Arabia to the United Arab Emirates are complying with production cuts...
Offshore Yuan Falls for Second Day The yuan’s volatile start to 2017 showed no signs of abating, with the offshore currency tumbling for a second day...
May Drops Single Market Hint Theresa May has had a torrid start to 2017. On Sunday she made a bid to take back control, signaling that...
FBI Arrests Volkswagen Executive The Federal Bureau of Investigation arrested a Volkswagen AG executive on charges of conspiracy to defraud the U.S., the New York Times...
MMM Dumps Naira, to Use Bitcoin MMM Nigeria says it has introduced Bitcoin, said to be the world’s best performing currency in 2016, as part of...
Naira Drops to 493 as Dollar Demand Rises The naira fell further against the United States dollar at the parallel market on Friday to 493, from...
Why China Withholds $20b Concession Loan to Nigeria Multiple negative growth recorded in the economy in 2016 has been identified as one of the reasons the...
Heritage Bank Offers N50m Grant to Entrepreneurs Heritage Bank Plc said it has gone into partnership with the Nigerian Young Professionals Forum (NYPF) in an initiative...