KEY POINTS* Spirit Airlines CEO said customers can continue to book tickets on the airline.* Spirit has struggled since its failed acquisition by JetBlue Airways, a Pratt & Whitney engine reca...
As the year comes to an end and we step into a new decade, the Bank Of America Corp. has said that financial markets are set for a risk asset melt-up in the first quarter of this new dec...
United States electric vehicle maker Telsa Inc. (TSLA) and a group of Chinese banks have agreed a new 10 billion Yuan (approximately $1.4 billion), five-year loan facility for th...
Payment giant, Visa announced in a statement on Monday (Jan. 13), that the company has made a move to acquire Silicon Valley startup, Plaid. This is a deal that is worth $5.3 billion.Plaid's API softw...
What is Bank Rating?DefinitionBank rating is a set of numerical or alphabetical ranking of banks, thrift, and other financial management organizations by Federal deposit insurance or private comp...
General Motors (GM) shares rallied 3.1% in the morning of Monday trading, putting the automaker on track for closing high in 2 months.Deutsche Bank analyst Emmanuel Rosner included GM on the firm’s ...
As cash shortages increase, researchers have predicted that the national economy would suffer long-term implications if nothing is done to solve the issue quickly. It was made known that the shortage ...
A central bank is an organization within a country which is responsible for setting and using monetary policy in order to adjust the economic performance of the country. The central bank is supposed t...
Two of Nigeria’s largest commercial banks declared to the public the limit on international transactions using naira debit cards to $20, which is about 10,000 per month when converted. Nigerians c...
At the end of the Federal Executive Council (FEC) meeting presided over by President Muhammadu Buhari on Wednesday at the Presidential Villa, Abuja, the minister of Finance, Budget and national planni...