Elon Musk says climate change is exaggerated, but oil and gas are still relevant.
Elon Musk, the founder of Tesla, stated on Saturday that oil and gas should not be vilified in the medium run, but he also stressed
IMF warns Nigeria that $5 billion swap deal with the UAE lender is opaque and complex.
Nigeria plans to borrow up to $5 billion through a derivatives arrangement with First Abu Dhabi Bank, but the IMF issued a warning on Tuesday
Amazon fined $2.5 billion for duping millions of customers with Prime subscription. – FTC.
A historic order has been obtained by the Federal Trade Commission from Amazon.com, Inc., Senior Vice President Neil Lindsay, and Vice President Jamil Ghani. This
Nigeria’s cost of living crisis worsens as inflation reaches an 18-year high.
The largest economy in Africa saw a deteriorating cost-of-living issue in November when Nigeria’s annual inflation increased for the eleventh consecutive month to the highest
The World Bank and its partners will provide over $2 billion in funding for clean energy projects, enabling 17.5 million Nigerians to access power.
The International Development Association said on Friday that the World Bank’s fund for impoverished nations intends to lend $750 million for sustainable energy projects in
Elon Musk’s X gets a money-transmitter license from the 13th US state in a push for money transfer business.
This week, a 13th U.S. state granted Elon Musk’s social media site X—previously known as Twitter—a money-transmitter license, bringing it one step closer to implementing
Blackstone-led investors acquire 20% of the $16.8b real estate portfolio owned by the FDIC-run Signature Bridge Bank.
On Thursday, the Federal Deposit Insurance Corp.-owned Signature Bridge Bank announced that it had sold 20% of its interest in the business, which was keeping
Fnality pioneers global blockchain payments at the Bank of England.
Fnality, a blockchain-based wholesale payments company, reported on Thursday that shareholders Lloyds Banking Group, Santander, and UBS completed the “world’s first” live transactions that digitally
Argentina is on the brink of social murder with a 50% devaluation of the peso and the removal of subsidies.
As part of shock measures that new President Javier Milei claims are necessary to address an economic emergency, Argentina announced on Tuesday a significant depreciation
Nigeria can achieve growth by stabilizing the macroeconomic framework, inflation, and forex, says the World Bank.
The World Bank stated on Wednesday that to promote economic growth, Nigeria still needs to stabilize its foreign exchange market and control inflation after removing
Sino-US tension prompts JP Morgan to exit the $500 billion local custody business in Hong Kong and Taiwan.
Three companies are vying for the mandate to handle JPMorgan Chase’s local custody business in Taiwan and Hong Kong: Citigroup, HSBC, and Standard Chartered. Wall
New York to invest $1b to turn Albany into a global center for semiconductor research and manufacturing.
Governor Kathy Hochul said on Monday that New York State will invest $1 billion to increase chip research in Albany, the state capital, to make
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