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Visa outage over after transaction chaos across Europe

Payment systems giant Visa recovered on Saturday from a hardware issue that had left it struggling to process transactions at bars, shops and cash machines across Europe.

Barclays Bank charged over Qatar financial crisis loan

Britain's Serious Fraud Office said Monday that it has charged Barclays Bank over the lender's emergency fundraising from Qatar during the financial crisis a decade ago.

Banks could support UK economy in disorderly Brexit

Britain's lenders could support the economy through a "disorderly" Brexit, the Bank of England said Tuesday, as the sector passed its latest round of stress tests.

British govt to sell Royal Bank of Scotland

The British government plans to sell Royal Bank of Scotland Group plc by divesting 3 billion pounds that is about $4 billion share by the end of march 2019.

Cryptocurrency surge stirs Bitcoin bubble fears

Bitcoin and other “cryptocurrencies” are big money, virtually as big as Goldman Sachs and Royal Bank of Scotland combined.

Recent Stories

NBCC targets increased membership in 2019

The Nigeria-British of Chambers and Commerce (NBCC) recently held its 41st Presidential dinner and awards in Lagos.
Babatunde Fashola- Minister Works, Power and Housing

Babatunde Fashola: Implementation of electrification plan delayed for 10 years

Minister of Power, Works and Housing, Babatunde Fashola, has said the implementation of the Strategic Rural Electrification Plan (SREP) was delayed for 10 years, leading to the setback in supplying rural communities with efficient power.
United Nations UN

UN: 30 milliom babies are born premature yearly

Nearly 30 million babies are born too soon, too small or become sick, requiring specialised care to survive beyond the first month of life, according to a new UN-backed report.

UN: One in every nine people suffers hunger globally

UN Deputy Secretary-General, Ms Amina Mohammed, has told a top panel on humanitarian aid that maintaining a “fire-fighting approach is not sustainable” in the long term.

Supreme Court fixes date to decide on Patience Jonathan’s accounts

The Supreme Court has reserved judgment till March 8, 2019, in the appeal lodged by wife of former President Goodluck Jonathan, Patience, contesting the powers of the Economic and Financial Crimes Commission (EFCC) to size funds in bank accounts that were linked to her.