Business

Bloomberg: How World’s Wealthiest Billionaires Lost $1.9trn in 2022

Elon Musk emerges first person in history to lose $200bn.

2 years ago

Nigeria’s Resilient Stock Market Gained N5.62trn in 2022 Despite Foreign Investors’ Exit

The stock market had to contend with factors such as foreign investors' exit and aggressive hike in the Monetary Policy…

2 years ago

Croatia Adopts Euro, Enters Borderless Europe Club

About 80 percent of bank deposits are denominated in euros and Zagreb's main trading partners are in the eurozone.

2 years ago

Regulator Vows to Sanction Marketers Breaching Nigeria’s Official Petrol Price

The NMDPRA said the sector is not yet deregulated and shut down seven defaulting depots.

2 years ago

US Stocks Sink in Worst Yearly Performance Since 2008

Key US indices saw their poorest performances since 2008, with the S&P 500 and Nasdaq both seeing double-digit drops over…

2 years ago

Trump’s Tax Returns Released after Long Fight with Congress

The documents include individual returns from Trump and his wife, along with Trump's business entities from 2015-2020.

2 years ago

Court Bars DSS from Inviting, Arresting, Detaining, Prosecuting CBN Governor Emefiele

The EFCC also clarified that they have no case against Emefiele and he isn't under nvestigation.

2 years ago

ExxonMobil Seeks to Block EU Tax on Windfall Energy Profits

Nonetheless, ExxonMobil's German and Dutch subsidiaries on Wednesday filed a challenge to the new measure at the EU's Luxembourg-based General…

2 years ago

Report: Return of Chinese, India’s Appetite for Nigerian Crude Key to Oil Price Stability in 2023

Europe boosted purchases of West African crude by around 300,000 bpd between June and August but demand diminished in the second…

2 years ago

Fitch Predicts Slow Economic Growth for Nigeria in 2023 But Rise to 3.3% in 2024

“We expect that the country’s economy will expand by just 2.5 per cent due to disruptions associated with the February…

2 years ago