The Bank of Industry has said high cost of doing business and other challenges are major reasons why manufacturers lack access to financing options. The Managing Director of the Bank of Industry, Olukayode Pitan, said this during thevAnnual General Meeting of the Apapa Branch of the Manufacturers As...

U.S. stock futures inched up on Thursday night as traders mulled over July’s consumer inflation report and looked ahead to wholesale prices data. Futures linked to the Dow Jones Industrial Average  rose by 38 points, or 0.1%. S&P 500 futures  and Nasdaq 100 futures  climbed 0.1%...

Two years after Evergrande’s debt troubles, worries about China’s real estate sector are coming to the forefront again. Country Garden, one of the largest non-state-owned developers by sales, has reportedly missed two coupon payments on dollar bonds that were due Sunday. Citing the firm, Reuters...

Curve Finance, a decentralized finance (DeFi) protocol, is now rewarding individuals capable of identifying the individual behind the draining of more than $61 million from its pools on July 30 unless the hacker fully releases the funds. This bug bounty offer is open to anyone who can pinpoint the e...

Amazon (AMZN)’s sales boomed on strong demand in the second quarter for its wide range of products, from fast delivery for Prime deals to ads, fueling a massive jump in profit from a year ago. Sales grew 11% to $134.4 billion. That’s an increase from $121.2 billion in the second quarter of 2022....