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Month: September 2020

Treasury Yields Fall Slightly After Worse-Than-Expected Economic Data
Business

Treasury Yields Fall Slightly After Worse-Than-Expected Economic Data

Treasury yields dipped on Friday as traders digested more disappointing economic data. The yield on the benchmark 10-year Treasury note fell about 1…

byEkeminiSeptember 26, 2020
WHO Says 2 Million Coronavirus Deaths Is ‘Not Impossible’ As World Approaches 1 Million
World

WHO Says 2 Million Coronavirus Deaths Is ‘Not Impossible’ As World Approaches 1 Million

As the global death toll from the coronavirus approaches 1 million people, the World Health Organization said Friday that it’s…

byEkeminiSeptember 26, 2020
European Stocks Close Lower After Choppy Session; Down 3.7% On The Week
Business

European Stocks Close Lower After Choppy Session; Down 3.7% On The Week

European stocks closed lower on Friday amid a choppy trading session as investors continued to monitor coronavirus developments and the…

byEkeminiSeptember 26, 2020
Chinese Government Debt Added To Key Bond Index 
Business

Chinese Government Debt Added To Key Bond Index 

Chinese government debt is set to be included on a key global bonds index, which could see tens of billions…

byEkeminiSeptember 26, 2020
Onne: ‘Customs ’Ll Meet N11b Monthly Target’
Business

Onne: ‘Customs ’Ll Meet N11b Monthly Target’

The new Customs Area Controller in Port Harcourt Area ll Command Onne, Rivers State, Comptroller Auwal Baba Mohammed, is optimistic…

byEkeminiSeptember 26, 2020September 26, 2020
It’s Not In NNPC’s Interest To Remain Sole Importer Of Petrol, Says Mele Kyari 
BusinessLocal

It’s Not In NNPC’s Interest To Remain Sole Importer Of Petrol, Says Mele Kyari 

The Nigerian National Petroleum Corporation (NNPC), has said that it was not in the national oil company’s interest to remain…

byEkeminiSeptember 26, 2020
Nigeria Has Potential For Over A Million Vehicles A Year’ 
Local

Nigeria Has Potential For Over A Million Vehicles A Year’ 

DAVE COFFEY, is the Chief Executive Officer, African Association of Automotive Manufacturers (AAAM). In this interview with BENJAMIN ALADE, he…

byEkeminiSeptember 26, 2020
LNG Has Come Far But Still Has Far To Go
BusinessLocal

LNG Has Come Far But Still Has Far To Go

The LNG industry has become increasingly diverse in the past 20 years. But it must not rest on its laurels…

byEkeminiSeptember 26, 2020
Canadian Dollar Sees Biggest Weekly Drop In Five Months As Economic Risk Climbs
Business

Canadian Dollar Sees Biggest Weekly Drop In Five Months As Economic Risk Climbs

The Canadian dollar weakened to a seven-week low against its U.S. counterpart on Friday as rising economic and political uncertainties…

byEkeminiSeptember 26, 2020
Ecosystem Approach Could Accelerate Biometric Enrollment In Nigeria
Local

Ecosystem Approach Could Accelerate Biometric Enrollment In Nigeria

Nigeria’s goal to enroll the biometrics of all citizens to provide digital identity is possible to achieve in even less…

byEkeminiSeptember 26, 2020
Nigerian Air Travel Could Shut As Unions Pledge To Join Strike
Local

Nigerian Air Travel Could Shut As Unions Pledge To Join Strike

Nigeria’s airports could shut down on Monday as four key unions said they would join an indefinite nationwide strike to…

byEkeminiSeptember 26, 2020
How 1.7 Million Nigerians, Businesses Will Benefit From N75 Billion Grant
Local

How 1.7 Million Nigerians, Businesses Will Benefit From N75 Billion Grant

Nigeria’s Vice President, Yemi Osinbajo, has provided further details on how 1.7 million Nigerians and businesses will benefit from a recently…

byEkeminiSeptember 26, 2020
Credit Bureau Expresses Concern On Dwindling Access To Funds
Business

Credit Bureau Expresses Concern On Dwindling Access To Funds

The Credit Bureau Association of Nigeria (CBAN), has expressed concerns over the dwindling credit penetration for consumers in Nigeria, even…

byEkeminiSeptember 26, 2020
Oyetola Flags Off 206-Hectare International Trade Centre, Inland Port In Osun 
Local

Oyetola Flags Off 206-Hectare International Trade Centre, Inland Port In Osun 

The Osun State Government has launched the construction phase of its proposed International Trade Centre and Inland Port, which is…

byEkeminiSeptember 26, 2020
PM Asks ‘Tax Havens’ To Return Stolen Wealth Of Poor Countries
Business

PM Asks ‘Tax Havens’ To Return Stolen Wealth Of Poor Countries

Prime Minister Imran Khan, while stressing the need of strengthening international cooperation to bring perpetrators of financial crime to justice,…

byEkeminiSeptember 25, 2020
International Mechanisms For Asset Recovery Not Good Enough – Buhari
Local

International Mechanisms For Asset Recovery Not Good Enough – Buhari

President Muhammadu Buhari said there is a compelling need to strengthen international cooperation in the global effort to curtail the…

byEkeminiSeptember 25, 2020
Nigerian Collecting Illegal $36,000/Month From Ship Owners
BusinessLocal

Nigerian Collecting Illegal $36,000/Month From Ship Owners

The Minister of Transportation, Rotimi Amaechi, has registered his displeasure with continuous patronage of illegal habours known as secure anchorage…

byEkeminiSeptember 25, 2020
Pound Fights Back As U.K. Readies New Measures To Support Recovery
Business

Pound Fights Back As U.K. Readies New Measures To Support Recovery

Investing.com – The pound found its footing against the dollar Thursday, after the U.K. unveiled fresh measures to protect jobs…

byEkeminiSeptember 25, 2020
An In-Depth Analysis On Mining In Nigeria
BusinessLocal

An In-Depth Analysis On Mining In Nigeria

The economy in Nigeria has been growing slowly since the oil price slump of 2014. Since then, volatility of global…

byEkeminiSeptember 25, 2020
US Announces Proposed Rule On Period Of Stay For International Students, Exchange Visitors, Foreign Media
World

US Announces Proposed Rule On Period Of Stay For International Students, Exchange Visitors, Foreign Media

The United States has announced a proposed rule establishing a fixed period of stay for international students, exchange visitors and…

byEkeminiSeptember 25, 2020
Govt Warns Against Exploitation Of Seaport Operators
Local

Govt Warns Against Exploitation Of Seaport Operators

Abuja — Minister of Transportation, Rotimi Amaechi, has charged regulatory bodies to reduce the cost of doing business by checking…

byEkeminiSeptember 25, 2020
Protesters At Nigerian Embassy Call For Foreign Nationals To ‘Go Back Home’
Business

Protesters At Nigerian Embassy Call For Foreign Nationals To ‘Go Back Home’

The Nigerian High Commissioner to South Africa Kabiru Bala stood his ground on Wednesday refusing to accept that all his…

byEkeminiSeptember 25, 2020September 25, 2020
Nigeria Not Constructing Rail Line To Niger Republic – Presidency
Local

Nigeria Not Constructing Rail Line To Niger Republic – Presidency

The Senior Special Assistant to the President on Media and Publicity, Mallma Garba Shehu, yesterday said Nigeria was not building…

byEkeminiSeptember 25, 2020
Nigerian Oil, Gas Suppliers Lament N320bn Loss, Back Deregulation
BusinessLocal

Nigerian Oil, Gas Suppliers Lament N320bn Loss, Back Deregulation

The Natural Oil and Gas Suppliers Association of Nigeria (NOGASA) yesterday bemoaned its huge losses to the tune of N320…

byEkeminiSeptember 25, 2020
Gbajabiamila: Insecurity Threatening Existence Of Nigeria
Local

Gbajabiamila: Insecurity Threatening Existence Of Nigeria

The Speaker of the House of Representatives, Hon. Femi Gbajabiamila, has said the challenges of insecurity confronting Nigeria is threatening…

byEkeminiSeptember 25, 2020
Naira Stabilizes Across Forex Markets, As BDCs Get Another Round Of Dollar Allocation
Business

Naira Stabilizes Across Forex Markets, As BDCs Get Another Round Of Dollar Allocation

Forex turnover improved by 43% as Nigeria’s exchange rate at the NAFEX window stablized to close at N386/$1 during intraday…

byEkeminiSeptember 25, 2020
Commodities Exchange Turns To Blockchain To Increase Funding For African Farmers
Local

Commodities Exchange Turns To Blockchain To Increase Funding For African Farmers

Technology adoption will increase transparency for funders and provide liquidity for hundreds of smallholder farmers amidst COVID 19 downturn. AFEX…

byEkeminiSeptember 25, 2020
Survival Fund: Nigerian Govt Speaks On Applicants Paying Facilitation Fee For MSMEs Grant
BusinessLocal

Survival Fund: Nigerian Govt Speaks On Applicants Paying Facilitation Fee For MSMEs Grant

The Federal Government says applicants will not pay any ‘facilitation fee’ to access its intervention grant for Micro, Small and…

byEkeminiSeptember 25, 2020
US To Restrict Students From Nigeria, Others To Two-Year Courses
World

US To Restrict Students From Nigeria, Others To Two-Year Courses

The United States is set to restrict students from Nigeria and others from admission of more than two years. This…

byEkeminiSeptember 25, 2020
FG Denies Persecuting Christians, Earmarks N13b For Community Policing
Local

FG Denies Persecuting Christians, Earmarks N13b For Community Policing

Abuja has dismissed allegations from the west that it was persecuting Christians in Nigeria. This came as it urged the…

byEkeminiSeptember 25, 2020

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