Money
China Evergrande debt crisis is worrying investors. Why, and what’s happening?
World News
September 24, 2021
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
March 15, 2021
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
December 9, 2020
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
July 13, 2020
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
June 25, 2020
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
June 5, 2020
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
May 28, 2020
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
May 28, 2020
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
May 21, 2020
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
May 15, 2020
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
May 11, 2020
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
April 30, 2020
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…