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Day: February 22, 2021

Korean Air To Follow Relevant Authorities’ Directives On Boeing 777
BusinessWorld

Korean Air To Follow Relevant Authorities’ Directives On Boeing 777

Korean Air Lines Co Ltd said it will follow the relevant authorities’ directives on any measures for its Boeing 777…

byEkeminiFebruary 22, 2021
OPEC, U.S. Oil Firms Expect Subdued Shale Rebound Even As Crude Prices Rise
BusinessInvestingWorld

OPEC, U.S. Oil Firms Expect Subdued Shale Rebound Even As Crude Prices Rise

OPEC and U.S. oil companies see a limited rebound in shale oil supply this year as top U.S. producers freeze…

byEkeminiFebruary 22, 2021
Tesla Has Made About $1 Billion In Profit On Its Bitcoin Investment, Analyst Estimates
BusinessInvestingWorld

Tesla Has Made About $1 Billion In Profit On Its Bitcoin Investment, Analyst Estimates

Tesla has made roughly $1 billion in paper profits from its investment into bitcoin, according to Daniel Ives, analyst at Wedbush Securities.…

byEkeminiFebruary 22, 2021February 22, 2021
Oil Gains As U.S. Production Slowly Returns After Freeze
BusinessLocal

Oil Gains As U.S. Production Slowly Returns After Freeze

Oil prices rose on Monday as the slow return of U.S. crude output that was cut by frigid conditions raised…

byEkeminiFebruary 22, 2021
Nigeria Has $5.83bn Undisbursed Foreign Loans
BusinessLocal

Nigeria Has $5.83bn Undisbursed Foreign Loans

Nigeria has more than $5.83bn foreign loans that have been approved but not yet disbursed, the Debt Management Office has…

byEkeminiFebruary 22, 2021
Banks Incur N80.75bn E-Banking Expenses As Digital Transactions Hit N111.29tr
BusinessLocal

Banks Incur N80.75bn E-Banking Expenses As Digital Transactions Hit N111.29tr

As COVID-19 triggered exponential increase in electronic-payment adoption, five Nigerian banks have incurred N80.75 billion expenses in fees and commission…

byEkeminiFebruary 22, 2021
Optimism On Economy’s Recovery
BusinessLocal

Optimism On Economy’s Recovery

Many Nigerians underestimated the resilience of the economy until last Friday when National Bureau of Statistics (NBS) rolled out its…

byEkeminiFebruary 22, 2021
China’s Yield Appeal Catapults Yuan To Global FX Big League
BusinessWorld

China’s Yield Appeal Catapults Yuan To Global FX Big League

In London — the world’s center of foreign exchange — there’s more yuan changing hands than ever before. Options on the Chinese…

byEkeminiFebruary 22, 2021
Bitcoin Price Must Now Hold Above These Levels To Break $60K
BusinessWorld

Bitcoin Price Must Now Hold Above These Levels To Break $60K

Bitcoin’s (BTC) price has been consistently rallying in the past few weeks, reaching its latest new high of around $57,500…

byEkeminiFebruary 22, 2021

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