Business Treasury Yields Fall Slightly After Worse-Than-Expected Economic Data September 26, 2020 Ekemini Treasury yields dipped on Friday as traders digested more disappointing economic data. The yield on the benchmark 10-year Treasury note fell about 1 basis point to trade at 0.654%. The…
World WHO Says 2 Million Coronavirus Deaths Is ‘Not Impossible’ As World Approaches 1 Million September 26, 2020 Ekemini As the global death toll from the coronavirus approaches 1 million people, the World Health Organization said Friday that it’s “not impossible” that number could double if countries don’t uniformly…
Business European Stocks Close Lower After Choppy Session; Down 3.7% On The Week September 26, 2020 Ekemini European stocks closed lower on Friday amid a choppy trading session as investors continued to monitor coronavirus developments and the prospects of economic recovery. TICKERCOMPANYNAMEPRICECHANGE%CHANGEVOLUME.FTSEFTSE 100FTSE5842.6719.890.34742745791.GDAXIDAXDAX12469.20-137.37-1.0966129927.FCHICAC 40 IndexCAC4729.66-32.96-0.6996957872 The pan-European…
Business Chinese Government Debt Added To Key Bond Index September 26, 2020 Ekemini Chinese government debt is set to be included on a key global bonds index, which could see tens of billions of dollars of foreign investment in the country’s increasingly internationalised…
Business Onne: ‘Customs ’Ll Meet N11b Monthly Target’ September 26, 2020 Ekemini The new Customs Area Controller in Port Harcourt Area ll Command Onne, Rivers State, Comptroller Auwal Baba Mohammed, is optimistic of meeting the Command’s monthly target of N11 billion. “This…
Business Local It’s Not In NNPC’s Interest To Remain Sole Importer Of Petrol, Says Mele Kyari September 26, 2020 Ekemini The Nigerian National Petroleum Corporation (NNPC), has said that it was not in the national oil company’s interest to remain the only importer of petroleum products into the country. The…
Local Nigeria Has Potential For Over A Million Vehicles A Year’ September 26, 2020 Ekemini DAVE COFFEY, is the Chief Executive Officer, African Association of Automotive Manufacturers (AAAM). In this interview with BENJAMIN ALADE, he assessed the continent’s automotive market, and urged the Federal Government…
Business Local LNG Has Come Far But Still Has Far To Go September 26, 2020 Ekemini The LNG industry has become increasingly diverse in the past 20 years. But it must not rest on its laurels and still has progress to make, says Tolu Longe, production…
Business Canadian Dollar Sees Biggest Weekly Drop In Five Months As Economic Risk Climbs September 26, 2020 Ekemini The Canadian dollar weakened to a seven-week low against its U.S. counterpart on Friday as rising economic and political uncertainties raised demand for safe-haven currencies, with the loonie losing ground…
Local Ecosystem Approach Could Accelerate Biometric Enrollment In Nigeria September 26, 2020 Ekemini Nigeria’s goal to enroll the biometrics of all citizens to provide digital identity is possible to achieve in even less than five years, possibly even two or three, National Identity…
Local Nigerian Air Travel Could Shut As Unions Pledge To Join Strike September 26, 2020 Ekemini Nigeria’s airports could shut down on Monday as four key unions said they would join an indefinite nationwide strike to protest an increase in power and petrol prices. A Thursday…
Local How 1.7 Million Nigerians, Businesses Will Benefit From N75 Billion Grant September 26, 2020 Ekemini Nigeria’s Vice President, Yemi Osinbajo, has provided further details on how 1.7 million Nigerians and businesses will benefit from a recently launched N75 billion Survival Fund. Mr Osinbajo explained this…
Business Credit Bureau Expresses Concern On Dwindling Access To Funds September 26, 2020 Ekemini The Credit Bureau Association of Nigeria (CBAN), has expressed concerns over the dwindling credit penetration for consumers in Nigeria, even as data released by credit bureaus show that fewer than…
Local Oyetola Flags Off 206-Hectare International Trade Centre, Inland Port In Osun September 26, 2020 Ekemini The Osun State Government has launched the construction phase of its proposed International Trade Centre and Inland Port, which is set to be the largest Free Trade Zone in South-West…
Business PM Asks ‘Tax Havens’ To Return Stolen Wealth Of Poor Countries September 25, 2020 Ekemini Prime Minister Imran Khan, while stressing the need of strengthening international cooperation to bring perpetrators of financial crime to justice, Thursday said the world community must take decisive actions, including…
Local International Mechanisms For Asset Recovery Not Good Enough – Buhari September 25, 2020 Ekemini President Muhammadu Buhari said there is a compelling need to strengthen international cooperation in the global effort to curtail the menace of Illicit financial flows as current international mechanisms are…
Business Local Nigerian Collecting Illegal $36,000/Month From Ship Owners September 25, 2020 Ekemini The Minister of Transportation, Rotimi Amaechi, has registered his displeasure with continuous patronage of illegal habours known as secure anchorage areas. According to the minister, an individual has sought to…
Business Pound Fights Back As U.K. Readies New Measures To Support Recovery September 25, 2020 Ekemini Investing.com – The pound found its footing against the dollar Thursday, after the U.K. unveiled fresh measures to protect jobs and businesses that helped ease fears about the impact of…
Business Local An In-Depth Analysis On Mining In Nigeria September 25, 2020 Ekemini The economy in Nigeria has been growing slowly since the oil price slump of 2014. Since then, volatility of global oil prices has negatively impacted growth performance. Between 2000 and…
World US Announces Proposed Rule On Period Of Stay For International Students, Exchange Visitors, Foreign Media September 25, 2020 Ekemini The United States has announced a proposed rule establishing a fixed period of stay for international students, exchange visitors and foreign information media representatives to encourage programme compliance, reduce fraud…
Local Govt Warns Against Exploitation Of Seaport Operators September 25, 2020 Ekemini Abuja — Minister of Transportation, Rotimi Amaechi, has charged regulatory bodies to reduce the cost of doing business by checking the exploitation of operators at seaports. The Minister who gave…
Business Protesters At Nigerian Embassy Call For Foreign Nationals To ‘Go Back Home’ September 25, 2020 Ekemini The Nigerian High Commissioner to South Africa Kabiru Bala stood his ground on Wednesday refusing to accept that all his compatriots living in the country were criminals, after a small…
Local Nigeria Not Constructing Rail Line To Niger Republic – Presidency September 25, 2020 Ekemini The Senior Special Assistant to the President on Media and Publicity, Mallma Garba Shehu, yesterday said Nigeria was not building any rail line to Niger Republic. He said the plan…
Business Local Nigerian Oil, Gas Suppliers Lament N320bn Loss, Back Deregulation September 25, 2020 Ekemini The Natural Oil and Gas Suppliers Association of Nigeria (NOGASA) yesterday bemoaned its huge losses to the tune of N320 billion as a result of the control of the prices…
Local Gbajabiamila: Insecurity Threatening Existence Of Nigeria September 25, 2020 Ekemini The Speaker of the House of Representatives, Hon. Femi Gbajabiamila, has said the challenges of insecurity confronting Nigeria is threatening its corporate existence. Speaking at a two-day retreat in Abuja…
Business Naira Stabilizes Across Forex Markets, As BDCs Get Another Round Of Dollar Allocation September 25, 2020 Ekemini Forex turnover improved by 43% as Nigeria’s exchange rate at the NAFEX window stablized to close at N386/$1 during intraday trading on Thursday, September 24. Also, the naira remained stable,…
Local Commodities Exchange Turns To Blockchain To Increase Funding For African Farmers September 25, 2020 Ekemini Technology adoption will increase transparency for funders and provide liquidity for hundreds of smallholder farmers amidst COVID 19 downturn. AFEX Commodities Exchange Limited (AFEX) announced today that it will introduce…
Business Local Survival Fund: Nigerian Govt Speaks On Applicants Paying Facilitation Fee For MSMEs Grant September 25, 2020 Ekemini The Federal Government says applicants will not pay any ‘facilitation fee’ to access its intervention grant for Micro, Small and Medium Enterprises (MSMEs), and cautions unsuspecting applicants against fraudsters. Mrs…
World US To Restrict Students From Nigeria, Others To Two-Year Courses September 25, 2020 Ekemini The United States is set to restrict students from Nigeria and others from admission of more than two years. This is according to the new guidelines from the Department of…
Local FG Denies Persecuting Christians, Earmarks N13b For Community Policing September 25, 2020 Ekemini Abuja has dismissed allegations from the west that it was persecuting Christians in Nigeria. This came as it urged the Commonwealth Action Group to assist the country to proffer lasting…
