The Central Bank of Japan has become the first among G7 nations to own assets collectively worth more than the country’s entire economy, following a half-decade...
Nigeria’s 3, 050 Megawatts Mambilla Power Plant will cost $5.72 billion, the minister of Power, Works and Housing, Mr. Babatunde Fashola has said. He said arrangements...
BudgIT Foundation has decried the cut in Nigeria’s health and education sector budgetary allocation to fund the 2019 elections. They alleged that recent information from the...
Teleology has taken full control of 9mobile and constitute a new Board of Directors for the telecommunication company following the successful completion of the tenure of...
Germany will lure thousands of finance jobs to Frankfurt from London after Britain exits the European Union — if the country’s Finance Ministry gets its way....
Kenya will in November sell 20-year amortised infrastructure bond worth 50 billion shillings (489 million dollars) just as Zimbabwe pushes to privatise airline. The proceeds will...
President Muhammadu Buhari currently attending the Paris Peace Forum has called for stringent actions against perpetrators of illicit financial flows. He also called for a crackdown...
Shoppers in China and across the world snapped up hot items including iPhones, furniture and milk powder starting pre-dawn, with Alibaba recording roughly $10 billion in...
Oil prices rose by about one per cent after top exporter, Saudi Arabia, announced a cut in supply for December. International benchmark Brent crude oil futures...
The African Development Bank (AfDB) has set five priorities elements to fast-track Africa’s economic transformation. The priorities are light up and power Africa; feed Africa; industrialise...
Former UBS Group AG trader Kweku Adoboli, a Ghanaian who was convicted for causing a $2.3 billion loss at the bank, was detained for a second...
The World Economic Forum has joined the Paris call for Trust and security in Cyberspace by President Macron of France. The initiative is the first government-endorsed...
The International Monetary Fund (IMF) has cautioned the Federal Government to be mindful of the country’s rising debt service to revenue ratio and take steps to...
Diamond Bank has said that no investors had come forward to inject cash into the company and that its board was reviewing all strategic options. The...
Nigerian officials will go on a roadshow to London next week ahead of a planned $2.8 billion Eurobond sale this month, two banking sources told Reuters...