Amid fresh threats from COVID-19 variants and a rise in inflation, debt, and income inequality, the global economy is entering a pronounced slowdown that could endanger...
As part of efforts to embrace digital banking, Standard Chartered Plc is closing about half its Nigerian branches. A report by Bloomberg reveals that the London-listed...
Increasing deadly weather extremes around the world prove that mobilising private capital is “essential” and “urgent” in order to combat climate change, says the CEO of...
By Jeffrey Halley, Senior Market Analyst, Asia Pacific, OANDA It was another choppy session overnight in equity and currency markets, followed today, by another cautious Asian...
By Craig Erlam, Senior Market Analyst, UK & EMEA, OANDA It was a fairly timid start to the week but the sell-off accelerated around the open...
The reduced gas supply to the 504 megawatts (MW) Alaoji NIPP power plant in Aba, Abia State has caused the plant to shut down. The low...
The prices of food reached a 10-year high in 2021, rising by an average of 28 percent, the highest average level since 2011. The UN’s Food...
Binance.US, a cryptocurrency exchange has said it is building a space in Portals with a focus on delivering the latest crypto news, charts, and events virtually....
The Japanese International Cooperation Agency (JICA) working with Nigeria’s National Information Technology Development Agency (NITDA), is set to launch iHatch. iHatch is a startup incubation scheme...
The Central Bank of Nigeria (CBN) has said the Federal Government’s excessive borrowing from the bank’s Ways and Means Advances (W&M) window can frustrate its monetary...