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Following the announcement of a divorce from Melinda Gates, Bloomberg has delisted Bill Gates, one of the world’s richest men, from its billionaire index. On Monday, the co-chairs of the Bill and Melinda Gates Foundation announced their divorce after 27 years together as a married couple. “After a great deal […]
The International Monetary Fund (IMF) said on Monday that Saudi Arabia’s plans to balance its finances are making good progress but a slower pace of adjustment could be considered this year to support the recovery from the coronavirus crisis. According to IMF in a report, Saudi Arabia’s economy, the largest […]
The Central Bank of Nigeria (CBN) has announced the immediate removal of all directors of FBN limited and FBN Holdings while reinstating Sola Adeduntan as the MD/CEO of the bank. Governor of the CBN, Godwin Emefiele, while announcing this on Thursday in a press briefing said the apex bank also […]
Automobile giants, Hyundai and KIA are ready to set up assembly plants in Ghana, a move that comes less than a month after Twitter announced that its African headquarters will be located in the country. Ghana’s Minister for Trade and Industry, Alan Kyerematen announced this on Thursday, noting that the […]
Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, says the claim by Godwin Obaseki, Edo state governor, that the federal government printed N60 billion in March to support allocation for states is simply lending by the apex bank. The Minister of Finance, Budget and National Planning, Zainab Ahmed, […]
British luxury carmaker, Rolls-Royce, has delivered the highest-ever first quarter sales results in 2021, reporting a 62 per cent increase over the same period in 2020. This was made known in a statement on Tuesday signed by the General Manager, Marketing and Corporate Communications of Coscharis Group, the exclusive franchise […]
Bitcoin hit a record high above $62,000 on Tuesday as the cryptocurrency exchange Coinbase prepares to launch shares on Wall Street. Bitcoin reached $62,377, a huge gain of 114 percent since the beginning of the year. After crashing in 2018, the value of bitcoin rebounded and it has set records […]
Finance ministers of G-20 countries have given the approval for an extension of debt relief for the world’s poorest nations till December 2021. World Banks President, David Malpass, made the announcement at the virtual spring meeting, on Wednesday. The G-20, is a group of finance ministers and central bank governors […]
Audio-chat app Clubhouse said on Monday that it will launch a monetization feature for its creators on the platform and any payment won’t be received from it. According to Clubhouse, starting from Monday, all users will be able to send payments through the platform. The feature to receive payments will […]
