Money

China Evergrande debt crisis is worrying investors. Why, and what’s happening?
World News

China Evergrande debt crisis is worrying investors. Why, and what’s happening?

China Evergrande Group has missed a dollar bond interest payment deadline, moving closer to a potential default and fuelling worries…
Court to deliver judgment in money laundering trial of Sen Nwaoboshi April 19
Criminal Law

Court to deliver judgment in money laundering trial of Sen Nwaoboshi April 19

A Federal High Court sitting in Lagos, on Monday reserves judgement till April 19, 2021 in the criminal charge of…
EFCC did not receive money laundering petition against Ikuforiji- Witness
Commercial Law

EFCC did not receive money laundering petition against Ikuforiji- Witness

By Michael Ojo An Investigator with the Economic and Financial Crimes Commission (EFCC), Mr. Adebayo Adeniji, today, told a Federal…
U.S. deficit reaches record high at $864 billion for June
World News

U.S. deficit reaches record high at $864 billion for June

The federal government incurred the biggest monthly budget deficit in history in June as spending on programs to combat the…
More than US$1 billion in coronavirus relief payments sent to dead Americans: report
World News

More than US$1 billion in coronavirus relief payments sent to dead Americans: report

Nearly 1.1 million coronavirus relief payments totaling some US$1.4 billion went to dead people, a government watchdog reported Thursday. Legal and…
U.S. unemployment rate falls to 13.3% in May
World News

U.S. unemployment rate falls to 13.3% in May

WASHINGTON — The U.S. unemployment rate unexpectedly fell in May and layoffs abated, the Labor Department said on Friday in…
U.S. weekly jobless claims stay above 2 million despite reopenings
World News

U.S. weekly jobless claims stay above 2 million despite reopenings

The number of Americans filing for unemployment benefits held above 2 million last week for a 10th straight week amid…
Coronavirus: What does Banff look like without international tourism?
World News

Coronavirus: What does Banff look like without international tourism?

Banff is all about tourism. In fact, almost its entire economy is tourism-based. “The Town of Banff‘s reason for being…
U.S. billionaires richer by $434 billion since coronavirus pandemic began: report
World News

U.S. billionaires richer by $434 billion since coronavirus pandemic began: report

Billionaires in the U.S. grew wealthier by US$434 billion (or C$605 billion) during the coronavirus pandemic, according to figures analyzed…
Coronavirus: Lufthansa to resume some flights to Toronto in June
World News

Coronavirus: Lufthansa to resume some flights to Toronto in June

FRANKFURT — Lufthansa plans to resume flights to destinations including Los Angeles, Toronto and Mumbai next month as it begins…
Chinese investment in U.S. falls to lowest level in 10 years, analysts say
World News

Chinese investment in U.S. falls to lowest level in 10 years, analysts say

Chinese investment in the United States dropped to $5 billion in 2019, a slight decrease from a year earlier and…
U.S. sees another 3.8 million jobless claims, bringing total to 30 million
World News

U.S. sees another 3.8 million jobless claims, bringing total to 30 million

Millions more Americans filed claims for unemployment benefits last week, suggesting that layoffs were spreading to industries that were not initially directly…
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