Monday, May 11, 2026
Credit risk skyrockets in financial services industry globally, hits 20% in 2020
By Zainab Iwayemi Tops risk management agenda Following a contraction in the global economy and rising unemployment, credit...
Read moreDetailsGlobal palm oil prices hit nine-year high
By Onome Amuge Palm oil prices surged to a nine-year high in January, following a fall in production in...
Read moreDetailsFord Motors plans $1.05bn investment in SA for electric, self-driven cars
By Charles Abuede Seen as the biggest investment into the country; to create 1,200 jobs while scaling back in...
Read moreDetailsS&P Global affirms AfDB’s AAA rating with stable outlook
Says bank can manage its capital, maintain high liquidity Bank’s GCI-VII rose $208bn Adesina: Ratings affirms our strong governance...
Read moreDetailsGeorgia’s Kutaisi International University targets Nigeria to bolster multinational relevance Â
By Onome Amuge Georgia’s Kutaisi International University (KIU), has set in motion a major recruitment drive aimed at attracting...
Read moreDetailsGlobal insurtech reaches $7.1bn in 2020, WTW reports
By Zainab Iwayemi Global insurtech investment in 2020 topped $7.1 billion despite the challenges faced by the insurance sector,...
Read moreDetailsCopper rises as worries over China’s liquidity abates
By Onome Amuge Copper prices traded higher on Monday as investors came to the realisation that China, the world’s biggest...
Read moreDetailsOil giant Shell loses oil spill case to 4 Nigerian farmers in Netherlands
Justice comes after 13 years But Shell says disappointed with ruling, still blames sabotage for spills A Dutch...
Read moreDetailsApple, Microsoft, tech giants amass $588bn in cash reserve amid COVID-19
By Zainab Iwayemi Apple records highest decline at 6.8% Despite the global pandemic fuelling economic crisis, leading American...
Read moreDetailsThree of UK’s biggest banks lose $75bn market cap in a year
By Zainab Iwayemi HSBC Holdings, Lloyds Banking Group and Barclays, the three largest banks in the United Kingdom, have...
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