World After Culture Change, New President Of Washington’s Football Team Will Focus On The ‘Beast’ – A New Stadium August 24, 2020 Ekemini Jason Wright, the new president of Washington’s football team, will start his role Monday with his initial business strategies in place as he aims to fix the club’s damaged culture…
Africa Ivory Coast President Ouattara Nominated For Third Term August 24, 2020 Ekemini Ivory Coast President Alassane Ouattara was formally chosen by his party on Saturday to run for a third term in an October election, despite opposition charges it is unconstitutional. Ouattara,…
World Kremlin Critic Navalny Is Flown To German Hospital; In ‘Worrying’ Condition August 22, 2020 Ekemini Gravely ill Kremlin critic Alexei Navalny was evacuated to Germany for medical treatment on Saturday, flown out of the Siberian city of Omsk in an ambulance aircraft and taken to…
World U.S. House Takes On Postal Reforms Seen As Threat To Mail-In Ballots August 22, 2020 Ekemini The Democratic-led U.S. House of Representatives will vote on Saturday on providing the cash-strapped Postal Service with $25 billion and block policies that have stirred concerns about mail-in balloting ahead…
Business Euro Drops As Business Recovery Stutters In August August 22, 2020 Ekemini The euro reversed earlier gains and fell on Friday as an August batch of business surveys pointed to a stuttering economic recovery, although the dollar remained on course for its…
Technology Apple Fires Back In Court, Says Epic Games CEO Asked For Special Treatment August 22, 2020 Ekemini Apple responded to Epic Games’ lawsuit accusing it of anticompetitive behavior in how it controls the App Store, telling the court that the Fortnite maker violated Apple’s rules and shouldn’t…
World As Blazes Spread, Covid-19 In California Prisons Hits Crucial Inmate firefighting force August 22, 2020 Ekemini Deadly wildfires are still ripping through California, decimating land and homes and forcing thousands of people to evacuate. But first responders lack a crucial part of their emergency response team…
World WHO Warns Coronavirus Vaccine Alone Won’t End Pandemic: ‘We Cannot Go Back To The Way Things Were’ August 22, 2020 Ekemini The World Health Organization said Friday that a vaccine will be a “vital tool” in the global fight against the coronavirus, but it won’t end the Covid-19 pandemic on its…
Business Turkish Lira Up Ahead Of Erdogan’s Expected Gas-Find Unveiling August 21, 2020 Ekemini The lira, which hit a record low of 7.4 against the U.S. dollar this week, began rising along with energy shares on Wednesday when Erdogan made his cryptic comments to…
Business Local Changing The Dynamics Of Eastern Ports August 21, 2020 Ekemini Last week, Onne Port in Rivers State made history when it received the biggest container vessel to ever visit the country. The vessel, investigation revealed, berthed at the port with…
Business Sterling Touches One-And-A-Half-Month High Versus Euro After Strong Data August 21, 2020 Ekemini The British pound rose to a 1-1/2-month high on Friday versus the euro and inched towards an eight-month high against the greenback after UK retail sales numbers for July came…
Local 208 Nigerians Return In Last Evacuation Flight From U.S August 21, 2020 Ekemini Two hundred and eight Nigerian citizens departed New Jersey for home on Thursday night in the ninth evacuation flight from the U.S. Barring any future change in plan, this is…
Business Report Finds $50 Billion Of Cryptocurrency Moved Out Of China Hinting At Capital Flight Against Beijing Rules August 21, 2020 Ekemini Over $50 billion of cryptocurrency moved from China-based digital wallets to other parts of the world in the last year, pointing to possibilities that Chinese investors are transferring more money…
Business Banks Ration Forex As Dollar Scarcity Bites Harder August 21, 2020 Ekemini BANKS and businesses are the worse hit by the continued dollar scarcity in the economy, analysts have said. Nigeria is facing one of its biggest dollar crunch in recent years…
Business The Euro’s Strength Against The Dollar Might Become Contagious August 21, 2020 Ekemini The euro is becoming the go-to currency for safety and liquidity as we approach the U.S. presidential elections and investors bet on a rocky time for the dollar. This may…
Local Nigeria: Ondo Receives Outline Business Case On Deep Seaport August 21, 2020 Ekemini The Ondo State Government has taken a major step towards actualising the dream of establishing a seaport in the state with the presentation of the Outline Business Case (OBC) by…
Business Local Over 400% Surcharge Increase By Shipping Firms Hurts Nigerian Economy’ August 21, 2020 Ekemini The Federal Government has taken a bold step to protest indiscriminate charges by multinational shipping firms, who have continued to slam huge surcharges on Nigerian-bound cargoes. The surcharge about 400…
Business Foreign Investors Shun South-South As Oil ‘Runs Dry’ August 21, 2020 Ekemini Its rich oil and gas resources notwithstanding, foreign direct investment in the South-South has been at a low ebb, for reasons, which economic analysts said, were associated with insecurity, lack…
Local World Int’l Flight Resumption – Nigeria To Apply Principle Of Reciprocity August 21, 2020 Ekemini As Nigeria prepares to resume international flights, the Minister of Aviation, Hadi Sirika has revealed that the country will apply the principle of reciprocity. Speaking at the Presidential Task Force…
Business U.S. Existing Home Sales Shoot To Near 14-Year high In July August 21, 2020 Ekemini U.S. home sales rose at a record pace for a second straight month in July and home prices hit a record as historically low interest rates boosted demand for homes…
Business Movie Theaters Reopen This Weekend, But It’s Unclear If Audiences Will Return August 21, 2020 Ekemini On Friday, AMC, Regal, Cinemark and Marcus Corp and other major theater chains reopened their doors to the public after five long months of being shuttered due to the coronavirus.…
Business Struggling Retailers Rush To File For Bankruptcy As Fears Of A Second Wave Of Coronavirus Linger August 21, 2020 Ekemini Over a two-week span in early July, seven retailers, including The Paper Store, Brooks Brothers and Lucky Brand, filed for bankruptcy protection. J.Crew, Neiman Marcus and J.C. Penney and four…
Business China Tesla Rival Nio Is Up 240% This Year And The Company Is Revamping Plans To Go Global August 21, 2020 Ekemini BEIJING — Once on the brink of bankruptcy, one of China’s largest electric car makers is pressing ahead with plans to expand to Europe and beyond. Nio, which listed in…
Business 5 Things To Know Before The Stock Market Opens Friday August 21, 2020 Ekemini 1. Wall Street under pressure heading into Friday trading U.S. stock futures dropped Friday morning, one day after Wall Street closed higher as strength in tech stocks offset concerns about…
Business As Airbnb Files To Go Public, Traders Break Down Where Expedia, Booking Are Headed August 21, 2020 Ekemini Airbnb has made it official. The company announced this week it has filed to go public after submitting a draft registration to the Securities and Exchange Commission. This comes as…
Business U.S. Business Activity Surges To Early 2019 Levels: Markit Flash PMI August 21, 2020 Ekemini U.S. business activity snapped back to the highest since early 2019 this month as companies in both the manufacturing and services sectors saw a resurgence in new orders even as…
World Want To Travel Overseas? This Website Shows Where You’re Allowed To Go During The Pandemic August 21, 2020 Ekemini Travel planning has changed — and not in a good way. In addition to booking a flight and hotel, travelers are faced with questions that were unthinkable just six months…
Business Iron Ore Prices Have Hit Multi-Year Highs As Demand Soars On Infrastructure Investment August 21, 2020 Ekemini Iron ore prices have soared to multi-year highs this week as Chinese government stimulus spurs infrastructure building, boosting prices of the commodity even amid a global pandemic. Spot iron ore…
Local Nigeria: LASRERA Seeks Synergy With LASAA, CID YABA August 21, 2020 Ekemini The Lagos State Real Estate Regulatory Authority (LASRERA) has solicited for a seamless working relationship with the Lagos State Signage and Advertisement Agency, LASAA and the State Criminal Investigation Department,…
Business There Are A Lot More Losing Than Winning Stocks In The S&P 500, Jim Cramer Says August 20, 2020 Ekemini The stock market does not appear as strong as the headline numbers in the benchmark index may portray after taking a look at the performances of its components, CNBC’s Jim…