Oil prices fell on georMonday on renewed concerns about global fuel demand amid strict coronavirus lockdowns in Europe and new movement restrictions in China, the world’s second-largest oil user, after

Analysts have predicted that more commercial banks will soon convert to a holding company (HoldCo) structure as they seek to diversify their revenue and remain competitive in the financial market.

Dangote Industries Ltd has expressed optimism that its cement expansion plan and fertiliser investments will open new trade routes for the company and Nigeria under the African Continental Free Trade

For years as a federal prosecutor in New York, Daniel R. Alonso led teams that had to search through a maze of anonymously owned corporate entities to expose criminal activity.

Hyundai Motor and Apple Inc plan to sign a partnership deal on autonomous electric cars by March and start production around 2024 in the United States, local newspaper Korea IT

The Executive Board of the International Monetary Fund has agreed to raise the medium-term target for the fund’s precautionary reserves given a sharp increase in financial risks since 2018, the

Boeing has agreed to pay $2.5bn (£1.8bn) to settle US criminal charges that it hid information from safety officials about the design of its 737 Max planes. The US Justice

With the commencement of the African Continental Free Trade Area (AfCFTA) agreement on January 1, 2021, analysts and stakeholders have expressed optimism of Nigerian banks readiness, saying the financial sector

South Korea’s Hyundai Motor Co said on Friday it was in early, unspecified talks with Apple after a local Korean broadcaster said the pair were discussing an electric car and

Car maker Volvo Cars said on Thursday its sales grew 6% in December, marking a continued sharp recovery from the lows earlier this year in the wake of the pandemic.

US Treasuries suffered their steepest selloff in months and the S&P 500 index made a record high after Democrat victories in two Georgia races handed them narrow control of the

Nigeria’s First City Monument Bank Limited (FCMB) has appointed Yemisi Edun as the acting Chief Executive Officer of the bank. This followed the decision by the Chief Executive Officer, Mr.

The IHS Markit Eurozone Services PMI was revised lower to 46.4 in December 2020, down from a preliminary estimate of 47.3 and compared with November’s six-month low of 41.7. Output

General Motors Co’s vehicle sales in China fell 6.2% in 2020, as the U.S. automaker suffered a prolonged sales slowdown in the world’s biggest auto market. GM, China’s second biggest

The Organisation of Petroleum Exporting Countries (OPEC) on Tuesday upheld its December 3, 2020 decision to increase crude oil production output by 500,000 barrels per day for  February and March,

The Chief Executive Officer of First City Monument Bank Limited (FCMB), Mr. Adam Nuru, has voluntarily chosen to proceed on leave as the bank’s board investigate the allegation of paternity

UK Chancellor of Exchequer, Rishi Sunak has announced a new £4.6 billion support package to help businesses hit by the third lockdown. It includes one-off top up grants for retail,

The IHS Markit Egypt PMI declined to 48.2 in December 2020 from 50.9 in November. The latest reading marked the first monthly contraction in the sector in four months, reflecting

The New York Stock Exchange said it no longer intends to delist three Chinese telecom giants that have been targeted by US President Donald Trump’s outgoing administration, in a shock

Members of the Organisation of Petroleum Exporting Countries (OPEC) and their allies, including Russia, on Monday failed to reach an agreement on production levels for February, with talks expected to