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Day: December 11, 2020

Crude Oil Remittance: Court Upholds $1.7bn Arbitral Award In Favour Of NPDC
BusinessLocal

Crude Oil Remittance: Court Upholds $1.7bn Arbitral Award In Favour Of NPDC

The Federal High Court in Lagos has upheld a landmark $1.7billion arbitral award in favour of the Nigerian Petroleum Development…

byEkeminiDecember 11, 2020
Lagos Bans Burial On Residential Premises
Local

Lagos Bans Burial On Residential Premises

The Lagos State Government says the use of residential premises as morgues, embalmment centres or burial sites remain banned in…

byEkeminiDecember 11, 2020
New Profit Alerts From Nigerian Banks Have Less To Do With Virus
BusinessLocal

New Profit Alerts From Nigerian Banks Have Less To Do With Virus

It’s not just the pandemic that’s putting Nigerian bank earnings at risk: Competition for customers in the recession-hit economy is…

byEkeminiDecember 11, 2020
Pornhub In Trouble: Mastercard, Visa Cut-Off Payments
Business

Pornhub In Trouble: Mastercard, Visa Cut-Off Payments

Mastercard said it would no longer process payments for Pornhub. Mastercard has directed the third-party financial institutions that connect Pornhub…

byEkeminiDecember 11, 2020December 11, 2020
Pound Drops As Chances Dim For Post-Brexit Trade Deal After ‘Lively’ Dinner
Business

Pound Drops As Chances Dim For Post-Brexit Trade Deal After ‘Lively’ Dinner

Sterling slid on Thursday after British Prime Minister Boris Johnson and European Commission President Ursula von der Leyen gave negotiators…

byEkeminiDecember 11, 2020
Banking, FMCG, Industrial Stocks Drag Nigeria Bourse Down As Negative Sentiments Rule Bulls
BusinessLocal

Banking, FMCG, Industrial Stocks Drag Nigeria Bourse Down As Negative Sentiments Rule Bulls

It was a negative outing at the Nigerian equities market on Tuesday as persistent profit-taking activities, which were also reflected…

byEkeminiDecember 11, 2020
How Oil Majors Shift Billions In Profits To Island Tax Havens
BusinessLocal

How Oil Majors Shift Billions In Profits To Island Tax Havens

Bermuda and the Bahamas aren’t exactly big players in the oil-and-gas world. They don’t produce any of the fuels at…

byEkeminiDecember 11, 2020
DPR Cautions Against Panic Buying, Hoarding Of Petrol During Festivities
BusinessLocal

DPR Cautions Against Panic Buying, Hoarding Of Petrol During Festivities

The products are available, and the government has made sufficient provision to cover this festive period till 2021. As Nigerians…

byEkeminiDecember 11, 2020
UK Holidaymakers Barred From EU After 1 January Under Covid Rules
Business

UK Holidaymakers Barred From EU After 1 January Under Covid Rules

European commission indicates Britons will face ban on nonessential travel at end of Brexit transition British holidaymakers will be barred…

byEkeminiDecember 11, 2020
Naira Devaluation As False Economics
BusinessLocal

Naira Devaluation As False Economics

After decades long of word counts and verbal exchanges on Naira devaluation and “oil subsidy removal”, yours sincerely is truly…

byEkeminiDecember 11, 2020
FG Crashes Data Price By 50 Percent
BusinessLocal

FG Crashes Data Price By 50 Percent

The Federal government said on Thursday that the price of data has been reduced by more than 50 percent following…

byEkeminiDecember 11, 2020
British Pound Falls About 0.5% After Johnson-Von Der Leyen Meeting
Business

British Pound Falls About 0.5% After Johnson-Von Der Leyen Meeting

he British pound fell 0.5% in early Asian trade on Thursday after British Prime Minister Boris Johnson and European Commission…

byEkeminiDecember 11, 2020

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