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Bank Of America executive dies after Times Square stabbing

A Bank of America vice president has died after she was stabbed during a daytime attack in the heart of New York City’s Times Square. The victim has been identified as Erin Piacenti, who succumbed to her injuries following the attack on Monday, according to Reuters. Bloomberg News was the first to report her identity […]

Oil and Gas

NUPRC urges Bank of America to fund Nigeria’s upstream oil sector

The Nigerian Upstream Petroleum Regulatory Commission has urged the Bank of America to prioritize Nigeria’s upstream oil and gas sector in its investment portfolio to attract funding and boost oil production. NUPRC’s chief executive, Gbenga Komolafe, made the call during a meeting with Chuba Ezenwa, managing director and head of investment banking, Sub-Saharan Africa, Bank […]

Trump signs executive order establishing US Bitcoin reserve
Business

Investors flee to Europe, Japan amid trade war – Report 

Global markets are reeling from heightened volatility sparked by U.S. President Donald Trump’s aggressive trade policies, including new tariffs, paused duties, and unprecedented escalations on Chinese goods. The uncertainty has triggered significant capital shifts, with investors pulling funds from U.S. equities and redirecting them to European and Japanese markets, as well as riskier assets like […]

Why Tinubu should ban dollar cash transactions - Operator
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Nigeria is on the right track, Tinubu tells Bank of America

President Bola Ahmed Tinubu has voiced confidence that his administration is on the right track despite the country’s issues, saying Nigeria has no excuse to disappoint the rest of the African continent. The Special Adviser to the President, Special Duties, Communication, and Strategy, Dele Alake, revealed this in a statement on Tuesday. As he welcomed visiting […]

How inflation, forex crisis may affect consumer goods industry - Report
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Nigeria’s inflation may hit 30%, Bank of America warns

The Bank of America has cautioned that the Central Bank’s Monetary Policy Committee may need to raise interest rates by at least 700 basis points by the end of the year to control inflation. The bank’s sub-Saharan Africa economist, Tatonga Rusike, stated in an interview with Bloomberg on Monday that the increase was required to combat the skyrocketing […]

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