Shares in Netflix have slumped by 35% after it revealed a sharp drop in subscribers and warned millions more are set to quit the streaming service....
The International Monetary Fund (IMF) has said rising private debt would slow economic recovery in Nigeria and across the world, stating vulnerable households and firms might...
Federal Capital Territory Administration (FCTA) said it is set to compete with Lagos State in revenue generation through a radical revenue drive. Lagos is the highest...
About 25 per cent of the projected N4.5tn capital expenditure in the 2022 Appropriation Act may not be funded, going by the funding priority of the...
According to the World Bank, raising fuel subsidies puts the Nigerian economy at risk since subsidy payments might have a substantial impact on public finances and...
Despite the Central Bank of Nigeria’s (CBN) restriction on cryptocurrencies-related transactions in the banking sector, a report by a crypto platform has said about 33.4 million...
Inflation soared over the past year at its fastest pace in more than 40 years, with costs for food, gasoline, housing and other necessities squeezing American...
Oil prices dropped below the $100 per barrel mark as COVID-related lockdowns in China weighed on demand expectations. Data from Reuters showed Brent crude the international...
The Federal Government has disclosed that over 5,000 debtors currently owe its agencies about N4.67tn. The Minister of Finance, Budget, and National Planning, Zainab Ahmed, who...
Tesla CEO Elon Musk won’t be joining Twitter’s board of directors as previously announced. The tempestuous billionaire remains Twitter’s largest shareholder. Twitter CEO Parag Agrawal tweeted the news, which...