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Islamic Development Bank (IsDB) has started marketing a five-year dollar sukuk, or Islamic bond, a document issued by one of the banks showed.
In a report titled: “The Misery Index 2018,” authored by Dr. Steve Hanke of the Johns Hopkins University in Baltimore, Maryland, Nigerians have been labelled the sixth most miserable people in the world. The misery index was introduced in the 1970s by Arthur Okun, an American economist, author of the seminal work, Equality and Efficiency: The Big Trade Off (1975).
When the global oil industry held its biggest annual gathering this week in the Swiss town of Davos, it invited banking bosses and fund managers to discuss two key topics – climate change and pressure from investors.
Atiku Abubakar, presidential candidate of the Peoples Democratic Party (PDP), on Sunday, asked President Muhammadu Buhari to resign over his Friday’s comment that Nigeria’s economy was in a bad shape.
Festus Keyamo, the spokesman of the Muhammdu Buhari Campaign Organisation, says HSBC was in Nigeria to take funds out for money launderers.
Following the denial by the presidency to pay the N30,000 minimum wage, the presidential candidate of Peoples Democratic Party (PDP), Atiku Abubakar, yesterday came down hard on President Muhammadu Buhari’s government, saying a government that is not reliable, nothing else about it can be stable.
The presidential candidate of the Peoples Democratic Party, Atiku Abubakar, has said President Muhammadu Buhari and his deputy, Prof. Yemi Osinbajo (SAN), are feeding at public expense.
Former Vice President and Presidential candidate of the Peoples Democratic Party, PDP, on Saturday said it was very sad that two global banking giants were leaving Nigeria as a result of bad economy.
Global banking giants, HSBC Bank and UBS Group, have closed their offices in Nigeria, the Central Bank of Nigeria (CBN) said yesterday, while also noting that foreign investment had fallen sharply from a year ago.
Saudi Arabia has brushed off an outcry over the killing of journalist Jamal Khashoggi and went ahead with an investment conference boycotted by Western political figures, leading international bankers and A-list executives.
Saudi Arabia will host a key investment summit tomorrow, overshadowed by the killing of critic Jamal Khashoggi that has prompted a wave of policymakers and corporate giants to withdraw.
The Atiku Presidential Campaign Organisation (APCO) has described the Minister of Information, Alhaji Lai Muhammed, as the high priest of the All Progressives Congress (APC) cult of liars.
The Central Bank of Egypt said on Thursday it agreed to enter into a “new repurchase transaction” of $3.8 billion with a consortium of international banks including Citigroup, Credit Suisse AG, Deutsche Bank AG, First Abu Dhabi Bank PJSC and HSBC.
Nigeria’s former Minister of Finance (2015-2018), Kemi Adeosun threw in her letter of resignation on Friday, September 14, to bring to a temporary closure, the public outcry and the embarrassment that her possession of a fake National Youth Service Corps Exemption Certificate had generated since July when it was first reported.
The Federal Government also said international publications such as HSBC and the Economist that used to feed fat on questionable supplements paid for by the Federal Government, have seen a drastic reduction in such patronage, hence their 2019 elections doomsday predictions for the APC.
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The Joint Admissions and Matriculation Board says it has caught someone it described as a “notorious cheat” who had registered for the UTME 64 times, with the intention of writing the examination for 64 candidates.
Police have foiled a planned procession to demand the release of former National Security Adviser, Col. Sambo Dasuki (rtd) in Sokoto state.
Any move by Iran to close the strategic Strait of Hormuz in response to the United States ending oil waivers for purchases of Iranian oil would be unjustified and unacceptable, a senior administration official said on Monday.
Iran denounced US sanctions on its oil sector as "illegal" on Monday after the United States announced it will no longer grant sanctions exemptions to Iran's oil customers.
The Federal High Court sitting in Awka will on May 30, 2019, begin hearing on the case of obtaining by false pretence involving the manager of Nnewi United football club of Nnewi, Mr. Olisa Onuchukwu.
President Muhammadu Buhari has asked all cabinet members to submit comprehensive “status reports on policies, programs and projects” under their watch by April 24.
The Economic and Financial Crimes Commission (EFCC) will on Thursday arraign Justice Rita Ofili-Ajumogobia on 18 charges at the Federal High Court in Lagos.
Polls have opened in Ukraine's presidential runoff vote between anti-establishment political novice Volodymyr Zelensky and incumbent President Petro Poroshenko.
Dereck Chisora has offered to replace Jarrell Miller and fight Anthony Joshua at Madison Square Garden in June.
Paris Saint-Germain have promised fundraising initiatives to aid the restoration of Notre Dame cathedral following Monday's fire.