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NPA Cancels $2.6bn Badagry Deep Seaport Contract

The Nigerian Ports Authority has cancelled the contract for the $2.6bn Badagry deep seaport project, stating that the deep seaport master plan was wrongly...

Banks’ Capital Adequacy Ratio Rises To 15.60%

The Capital Adequacy Ratio (CAR) of commercial banks improved from the 15.14 per cent it was as of February 2019, to 15.60 per cent...
A coin collection is seen in Harpenden

Future of 1p and 2p coins secured — Philip Hammond Says

Copper Coins To Remain In Circulation As Philip Hammond Says 1p And 2p Coins - As Well As £50 Notes - Are Going Nowhere They...

Bank Loans To Manufacturers, Farmers, Others Hit N241tn – Report

Deposit Money Banks have given about N241.87tn loans to manufacturing, agriculture, oil and gas firms and companies operating in 15 other sectors of the...

Africa’s Total Merchandise Trade Stands at $997.9bn — NAN reports

Nigeria and the rest of Africa’s total merchandise trade in 2018 have been estimated to be 997.9 billion dollars, retaining its number one position...

Euro Reaches 3-Month High as Dollar Sags On Fed Easing Prospects

Dollar struggles near multi-month lows vs euro, yen The euro advanced to a three-month high against the dollar on Monday, as bearish bets on the...

BIS Warns: Facebook’s Libra Cryptocurrency ‘Poses Risks To Global Banking’

-- Facebook announced it would launch its own digital currency, Libra, in 2020. The Bank of International Settlements (BIS) has warned that the adoption of...

15 Richest Countries In The World Today

Oil nations dominate the list as the world's wealthiest countries, as well as a few that may be surprises. The following are the world's 15...

10 Biggest Industries In The United States Today

The retail industry is the largest employer in the United States while the real estate, renting, leasing acts as the biggest contributor to the US economy. The United States is...

20 Largest Banks In The World Today

A bank’s profitability and liquidity depend on the amount of assets it holds. And Chinese banks dominate the scene with the Industrial and Commercial Bank...

World’s Largest Oil Reserves By Country Today

See the countries with the most oil reserves (millions of barrels). Volatility in oil prices over the past decade has created plenty of concern for businesspeople,...

Biggest Oil Companies In The World Today

Oil industries are a major income earner for countries with oil fields. With an annual revenue of $465.49 billion USD in 2017, the Saudi Aramco of...

10 World’s Most Worthless Currencies Today

Some currencies are not worth the paper they're printed on. The Falling value of some countries currency when measured against the US dollar are the...

US, Japan, Nigeria, EU, India and more Ban Boeing 737 MAX

-- Boeing grounds entire 737 Max crash aircraft fleet Japan on Thursday joined a global ban on flights of Boeing’s 737 MAX planes in the...

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