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5 Reasons Why Banks are Cutting Dollar Limits on Naira Cards

Nigerian lenders including Zenith Bank, First Bank, GTCO and United Bank for Africa (UBA) are cutting dollar limits on Naira Cards or suspending dollar...

Facebook, Instagram say will not block violent speeches against Russians

US Company Meta will permit its Facebook and Instagram social networks not to block users’ calls for violence against Russian citizens and soldiers, in...

China Urges Pentagon to Open up About ‘biolabs’ in Ukraine

China’s foreign ministry has called on the US to disclose information on the Pentagon’s alleged biological laboratories (biolabs) in Ukraine “as soon as possible”. On...

One Bank Sees 10% Chance Of “Civilization-Ending Global Nuclear War”, Says Buy Stocks Anyway

In recent days with tensions of a global war running at the highest level in decades, an apocryphal story from Art Cashin has been...

Russia’s Sberbank on verge of bankruptcy

European banking regulators said that the European subsidiary of Russia's Sberbank risk going bankrupt after coming under pressure from Western sanctions levelled against the...

Covid-19: Australia re-opens borders after two years of closure

Australia opened its international borders to all vaccinated tourists Monday, nearly two years after the island nation first imposed some of the world's strictest...

Nigeria’s Oil Sector On the Brink as IOC’s Exit, Environmentalists Take Aim

Nigeria’s oil and gas sector is facing one of its most challenging periods in history as moves by international majors (IOCs) to exit the...

DLM Capital Invests N1bn in Fair Money

DLM Capital Group (formerly Dunn Loren Merrifield Group Limited) has disclosed a N1 billion investment in Fintech firm Fair Money. DLM made the disclosure in...

Dangote is Biggest Winner as Global Oil Refiners Can’t Keep Up with Demand

Dangote Oil Refinery, a company owned by the Nigeria-based Dangote Group, which is set to add the largest refining capacity in the world this...

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