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Day: September 14, 2020

2023: Plot To Install Governor As Buhari’s Successor Will Fail — Marafa
Local

2023: Plot To Install Governor As Buhari’s Successor Will Fail — Marafa

A former governorship aspirant in Zamfara State, Senator Kabiru Garba Marafa, yesterday warned stalwarts of the All Progressives Congress (APC)…

byEkeminiSeptember 14, 2020
ABCON Projects Naira Stability
Local

ABCON Projects Naira Stability

The Association of Bureau De Change Operators of Nigeria on Monday said in spite of the marginal losses of the…

byEkeminiSeptember 14, 2020
Ban On Lufthansa, Air France, KLM, Others Not Political – FG
Local

Ban On Lufthansa, Air France, KLM, Others Not Political – FG

The Federal Government on Monday explained its decision to ban some international airlines from coming into the country is not…

byEkeminiSeptember 14, 2020
Nigeria to Regulate Crypto-Currency Trading to Protect Investors
Business

Nigeria to Regulate Crypto-Currency Trading to Protect Investors

Nigeria’s Securities and Exchange Commission said it will regulate trade in digital currencies to provide protection for investors and to…

byEkeminiSeptember 14, 2020
Nigeria: FG Threatens Passport Suspension, Visa Cancellation For Travellers
Local

Nigeria: FG Threatens Passport Suspension, Visa Cancellation For Travellers

The Federal Government has vowed to descend heavily on travellers that fail to conduct the mandatory COVID-19 PCR test. While…

byEkeminiSeptember 14, 2020
Danjuma Says No Need To Change Performing Edo Governor
Local

Danjuma Says No Need To Change Performing Edo Governor

enator Daisy Danjuma on Monday called on Edo women to rally round the re-election of Gov. Godwin Obaseki for a…

byEkeminiSeptember 14, 2020
Forbes Lists Messi Second Footballer To Earn $1 billion
Business

Forbes Lists Messi Second Footballer To Earn $1 billion

Barcelona forward, Lionel Messi has been named the second professional footballer to earn $1 billion in his career. This is…

byEkeminiSeptember 14, 2020
Oil Market Outlook: What Trump Or Biden Presidency Means For Nigeria
World

Oil Market Outlook: What Trump Or Biden Presidency Means For Nigeria

Whether it’s the Republican candidate Donald Trump or Democratic candidate Joe Biden, the winner of the forthcoming United States presidential…

byEkeminiSeptember 14, 2020
Hotel Rwanda Hero’ Appears In Rwandan Court Amid Tight Security
Africa

Hotel Rwanda Hero’ Appears In Rwandan Court Amid Tight Security

Paul Rusesabagina, portrayed as a hero in a Hollywood movie about Rwanda’s 1994 genocide, appeared in a Rwandan court amid…

byEkeminiSeptember 14, 2020
World’s First Collectible Digital Coin Emailed To ECB Policy Makers
Business

World’s First Collectible Digital Coin Emailed To ECB Policy Makers

The email inboxes of European Central Bank policy makers were pinged on Monday with an unusual gift from one of…

byEkeminiSeptember 14, 2020
Ghana’s Power Abundance Turns to Burden as Energy Debts Mount
Local

Ghana’s Power Abundance Turns to Burden as Energy Debts Mount

Ghana lured investors to its power industry to end chronic electricity shortages with deals it can no longer afford. The…

byEkeminiSeptember 14, 2020
Nigeria’s SEC Classifies Cryptocurrencies As Securities In Landmark Regulatory Document
Business

Nigeria’s SEC Classifies Cryptocurrencies As Securities In Landmark Regulatory Document

Nigeria’s Securities and Exchange Commission (SEC) on Monday designated the title of “securities” to crypto assets and hence will be…

byEkeminiSeptember 14, 2020September 14, 2020
Concerns Rise On Banks’ CRR As COVID-19 Impact On Businesses Bites
Business

Concerns Rise On Banks’ CRR As COVID-19 Impact On Businesses Bites

Amid the devastating effects of COVID-19 on businesses, commercial banks currently have the issues of Cash Reserve Ratio (CRR) obligations…

byEkeminiSeptember 14, 2020September 14, 2020
Private Tank Farms Crippled Refineries, Says IPMAN
Business

Private Tank Farms Crippled Refineries, Says IPMAN

The Independent Petroleum Marketers Association has said that the collapse of Nigeria’s refineries can be traced to the birth of…

byEkeminiSeptember 14, 2020
Exclusive: EU To Delay Euro Clearing Decision On Brexit Divorce Threat – Source
Business

Exclusive: EU To Delay Euro Clearing Decision On Brexit Divorce Threat – Source

The European Union is set to delay a decision on allowing clearing houses in London to continue clearing euro transactions…

byEkeminiSeptember 14, 2020
Naira And Inflation In Focus
Business

Naira And Inflation In Focus

Once upon a time, the Naira was worth almost twice as much as the Dollar and equivalent to the British…

byEkeminiSeptember 14, 2020
‘Over $6b Spent On Wheat Import’
Business

‘Over $6b Spent On Wheat Import’

Over $6billion wheat were imported in the last five years, it was learnt. The huge amount of money, findings revealed,…

byEkeminiSeptember 14, 2020
UK Housing Bubble ‘Set To Burst’ With 14% Hit To Prices Next Year
Business

UK Housing Bubble ‘Set To Burst’ With 14% Hit To Prices Next Year

UK property prices will plunge by 13.8% next year after a recent mini-boom begins to rapidly unravel, new research suggests.…

byEkeminiSeptember 14, 2020
Nigerian Inflation Seen At 14.15% This Year As Virus Takes Toll -Central Bank
BusinessLocal

Nigerian Inflation Seen At 14.15% This Year As Virus Takes Toll -Central Bank

Nigeria inflation is expected to rise up to 14.15% at the end of December, the central bank said, citing supply…

byEkeminiSeptember 14, 2020
How To Trade Stocks In Nigeria? A Beginners’ Guide
Business

How To Trade Stocks In Nigeria? A Beginners’ Guide

The trend of stock trading has been steadily picking up throughout the world since the advent of electronic trading in…

byEkeminiSeptember 14, 2020
Zenith Bank Receives $200m From Afreximbank To Maintain FX Trade Flows
Business

Zenith Bank Receives $200m From Afreximbank To Maintain FX Trade Flows

The African Export-Import Bank (Afreximbank) has disbursed $200 million to Zenith Bank through its pandemic trade impact mitigation facility (PATIMFA).…

byEkeminiSeptember 14, 2020
We’ll Convert Your Cars, Generators To Run On Gas, FG Promises Nigerians
Local

We’ll Convert Your Cars, Generators To Run On Gas, FG Promises Nigerians

The Minister of State for Petroleum Resources, Timipre Sylva, says the Federal Government will from October begin converting the cars…

byEkeminiSeptember 14, 2020
Dollar Resumes Retreat As Equity Market Mood Lifts, Fed In View
Business

Dollar Resumes Retreat As Equity Market Mood Lifts, Fed In View

The dollar retreated on Monday against major peers as a wave of M&A deals lifted the mood on global equity…

byEkeminiSeptember 14, 2020
Pfizer Coronavirus Vaccine Could Be Given To Americans Before End Of The Year
World

Pfizer Coronavirus Vaccine Could Be Given To Americans Before End Of The Year

Pfizer’s coronavirus vaccine could be distributed to Americans before the end of the year if found to be safe and…

byEkeminiSeptember 14, 2020
Nvidia’s Arm Takeover Sparks Concern In The UK, Co-Founder Says It’s ‘A Disaster’
Technology

Nvidia’s Arm Takeover Sparks Concern In The UK, Co-Founder Says It’s ‘A Disaster’

LONDON — Arm co-founder Hermann Hauser has said if would be a disaster if U.S. rival Nvidia buys the British…

byEkeminiSeptember 14, 2020
Big Tech Needs More Time To Work Off Major Excesses, Top Money Manager Jeff Mills Warns
Technology

Big Tech Needs More Time To Work Off Major Excesses, Top Money Manager Jeff Mills Warns

Big tech’s record win streak may just be on hiatus. Bryn Mawr’s Jeff Mills believes the group will regain its…

byEkeminiSeptember 14, 2020
Chinese Internet Firms Have Less To Lose Than Telcos When It Comes To U.S. Threats
Technology

Chinese Internet Firms Have Less To Lose Than Telcos When It Comes To U.S. Threats

SINGAPORE — China’s internet companies may be more insulated from a fallout between the U.S. and China than telecommunication equipment…

byEkeminiSeptember 14, 2020
Airports Concession: Labour Tells FG To Experiment With Unviable Airports
Local

Airports Concession: Labour Tells FG To Experiment With Unviable Airports

Organised labour has mandated the Nigerian government to start its concession experiment with non-viable airports, rather than the country’s four…

byEkeminiSeptember 14, 2020
2020 Berlin-Lagos Residency For Artists Begins
World

2020 Berlin-Lagos Residency For Artists Begins

The impacts of the COVID-19 pandemic on the global cultural scene notwithstanding, a new phase of the residency exchange, initiated…

byEkeminiSeptember 14, 2020
FOREX-Pound Haunted By Brexit, Yen Looks To Abe Successor Vote
Business

FOREX-Pound Haunted By Brexit, Yen Looks To Abe Successor Vote

The British pound flirted with a 1-1/2-month low against the dollar on Monday on fears about no-deal Brexit while investors…

byEkeminiSeptember 14, 2020

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