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Credit Suisse Handed $53.7bn Lifeline by Swiss National Bank to Avert Collapse
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Credit Suisse announced on Thursday it would borrow up to 50 billion Swiss francs ($53.7 billion) from the country's central bank, Swiss National Bank,...
US Estimates ‘Upwards’ of 100,000 Ukrainian Soldiers Killed
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US officials estimate that more than 100,000 Ukrainian troops have been killed since the outbreak of the conflict with Russia last February, Politico has...
Manufacturers Short Term Debt Raises Liquidity Concerns
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PATRICK ATUANYA
As interest rates rise due to an aggressive monetary policy by the central bank that seeks to squash inflation, manufacturers are shifting towards...
Saudi Arabia Threatens Oil Embargo in Event of Price Cap
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Saudi Energy Minister Prince Abdulaziz bin Salman has warned Western states against capping the price of crude oil supplied by the kingdom, adding that...
China Reopens Borders To Foreigners After Three Years Of Restrictions
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China will once again start issuing a range of visas to foreigners as of Wednesday, the country’s foreign ministry said, in a major easing...
CBN To Hold Two-Day Monetary Policy Committee Meeting
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The Central Bank of Nigeria (CBN) has scheduled the next Monetary Policy Committee (MPC) meeting between Monday and Tuesday next week.
In a Tuesday notice...
‘He’s A Good Man,’ Mrs Ekweremadu Defends Husband In Organ Harvesting Trial
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Mrs Beatrice Ekweremadu testified on Tuesday in her and her husband Senator Ike Ekweremadu’s organ harvesting trial at the Central Criminal Court of England...
Government Bailout Signals Death of Capitalism – Ken Griffin
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The US government’s intervention in the unfolding banking crisis has been slammed by Citadel hedge fund founder Ken Griffin, who told the Financial Times...
US Drones Have no Business Near Russia – Ambassador
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Russia regards Tuesday’s incident in which an American drone crashed in the Black Sea as a provocation, Ambassador Anatoly Antonov said after being summoned...
US Drone Crashes After Encounter With Russian Jet
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A Russian fighter jet has collided with a US drone, causing the unmanned US aircraft to crash into the Black Sea, the American military...