The total value of capital importation into Nigeria contracted by 59.65% to $9.68 billion in 2020 compared to $23.99 billion in 2019, the National Bureau of Statistics (NBS) stated on

The Central Bank of Nigeria (CBN) has ordered all financial institutions including banks in the country to shut accounts of citizens or entities involved in cryptocurrency transactions within their systems.

The Nigerian Civil Aviation Authority (NCAA) has placed a 72-hour suspension on outbound Emirates flights from Nigeria. In a February 4, the NCAA said Emirates Airlines violated guidelines put in

Tech giant Google on Friday launched a platform in Australia offering news it has paid for, striking its own content deals with publishers in a drive to show legislation proposed

Alibaba Group Holding Ltd’s $5 billion U.S.-dollar bond offering received demand for eight times the debt offered, underscoring global investors’ faith in founder Jack Ma’s e-commerce behemoth despite a regulatory

The Nigeria Liquefied Natural Gas (LNG) has delivered 5,000 cargoes to its customers around the world and generated $108 billion from gas sales in its 21 years of operations. The

Wall Street rose for the fourth session in a row on Thursday, with the S&P 500 and the Nasdaq Composite finishing at record closing levels, as solid economic data buoyed

The Bank of England voted unanimously to keep its benchmark interest rate on hold at a record low of 0.1 percent and left its bond-buying programme unchanged during its February

The Organisation of Petroleum Exporting Countries (OPEC) on Wednesday said its members had achieved 101% adherence to crude oil output cut mandatorily agreed upon last year to curb huge supply

Oil prices rose almost 2% on and hovered near their highest levels in about a year, after government data showed U.S. crude stockpiles fell to their lowest since March, while

The Stanbic IBTC Bank Nigeria Purchasing Managers Index edged down to 50.7 in January of 2021 from 51.8 in the prior month, pointing to the smallest expansion in the country’s

JetBlue Airways CEO Robin Hayes said that he foresees a quick recovery for the airline industry following the end of the coronavirus pandemic. Though Hayes expects a continued loss of

Ford Motor Co will invest $1.05 billion in its South African manufacturing operations, including upgrades to expand production of its Ranger pickup truck, the U.S. automaker said on Tuesday. The

West Africa’s oil exports slumped to the lowest level in at least three years last month as infrastructure woes for some of Nigeria’s biggest streams combined with gradually waning output

Zenith Bank Plc. has again emerged as the Most Valuable Banking Brand in Nigeria in the Banker Magazine Top 500 Banking Brands 2021. For the fourth consecutive year, Zenith Bank

South Africa’s manufacturing activity expanded slightly in January, the seasonally-adjusted Absa Purchasing Managers’ Index (PMI) showed on Monday. The index, a gauge of manufacturing activity in Africa’s most industrialised economy,

Online fashion retailer Asos has bought the Topshop, Topman, Miss Selfridge and HIIT brands from failed retail group Arcadia in a deal worth £295m. Sir Philip Green’s Arcadia group fell

The Caixin China General Manufacturing PMI fell to a seven-month low of 51.5 in January 2021 from 53.0 in December, missing market expectation of 52.7. Both output and new orders

Wall Street is gearing up for another week of market mayhem, with signs that the retail frenzy that pumped up the stock prices of the likes of GameStop Corp and