Following is a reformatted version of Federal Reserve Chair Janet Yellen’s prepared remarks at the Federal Reserve Bank of Kansas City Economic Symposium in Jackson Hole,...
The world’s largest economy grew less than previously reported in the second quarter, a sign consumer spending will need to continue to drive expansion, Commerce Department...
Federal Reserve Chair Janet Yellen said the case to raise interest rates is getting stronger as the U.S. economy approaches the central bank’s goals. “In light...
Oil prices fell Friday as OPEC’s key producers cast doubt on the need to cut output, denting hopes of a deal to tackle a global supply...
The world’s top brewer Anheuser-Busch InBev will cut around 5,500 jobs after it completes its huge merger with rival SABMiller, a source with knowledge of the...
United Bank for Africa Plc (UBA) on Thursday announced pre-tax profit of N40.270 billion for the second half of the year. That is a 3.1 percent...
Perishable cargoes/vegetables exporters have counted their losses over the recent shut down of export sheds at the cargo areas of Murtala Muhammed International Airport, Lagos by...
The Maritime Academy of Nigeria (MAN), Oron, Akwa Ibom State, is facing hard times over the N7.2billion debt incurred during the tenure of its late Rector,...
There are fears that the Bilateral Air Service Agreement (BASA) fund, which accruals had risen to over $100 million (N38.1 billion) may have been diverted to...
Two foremost rating agencies, Moody’s and Augusto & Co. have affirmed that Heritage Bank’s capitalisation remains sound in relation to its low asset risk model and...
