UBA: Strong Performance In A Difficult Year
United Bank for Africa (UBA) Plc’s total assets last year leapt two spaces to N7.70 trillions from N5.62 trillion in…
Day: March 22, 2021
Brexit reality Stokes Fears For The Peace In Northern Ireland
The deep anger among some pro-British unionists in Northern Ireland over post-Brexit trade barriers that cut it off from the…
Livestock Sector Can Add N33tn To Economy—Federal Government
Nigeria’s livestock sector has the potential to add N33tn worth of investments to the country’s economy, the Federal Government has…
Power Generation Falls To 3,657MW As Hydro Output Plunges
Electricity generation in the country fell below the 4,000 megawatts mark on Sunday as the output of the hydropower plants…
NNPC’s Proposed Repair Of Port Harcourt Refinery
Within the outgone week, the Executive Council of the Federation reportedly approved the sum of $1.5bn for the turnaround maintenance…
Stock Market Records N140bn Weekly Loss
The Nigerian stock market extended its decline last week as investors lost N140bn. The Nigerian Stock Exchange All-Share Index and…
China Seeks To Rein In Mobile Apps’ Collection Of Personal Data
China’s cyber watchdog said on Monday mobile app providers cannot deny users basic access to their services even if they…
Britons Should Wait Before Booking International Travel: Minister
Britons should wait before booking summer holidays abroad, social care minister Helen Whately warned on Monday, pointing out that there…
Saudi Aramco To Prioritise Energy Supply To China For 50 Years, Says CEO
Saudi Aramco will ensure China’s energy security remains its highest priority for the next 50 years and beyond as new…
Oil Falls As European Lockdowns Douse Recovery Hopes
Oil prices resumed their decline on Monday, falling around 1% as worries about a drop in demand for fuel products…
Forex Scarcity Hampering Airlines’ Operations, Says Onyema
Air Peace has said that it placed a firm order of Boeing 737 Max, which recently was recertified to resume…
Richmond Fed’s Barkin: U.S. May Be ‘On The Brink’ Of Complete Recovery
The U.S. economy may be “on the brink of completing the recovery” from the recession triggered by the coronavirus pandemic,…
POS Merchants Urge CBN To Change Charge-Back Policy
POS merchants operating in Nigeria has called on the Central Bank of Nigeria (CBN) to change its policy on charge-back…
US-Nigeria Investment Summit To Hold In New York
The US-Nigeria Investments Summit has announced it will hold a global trade and investment event for 2021 in September. The…
Automobile Retail Experts Speak On Import Policies
While the Nigerian automobile industry has registered negligible growth in the recent years, due to many factors including substantial neglect…
Canadian Pacific To Buy Kansas City Southern In $25 Billion Railway Bet On Trade
Canadian Pacific Railway Ltd agreed on Sunday to acquire Kansas City Southern in a $25 billion cash-and-stock deal to create…
External Reserves Loses $52m In 16 Days
Nigeria’s external reserves has shrunk by $522,525,964 in 16 days. According to recent figures on the Central Bank of Nigeria’s…
Blackstone Proposal Values Australian Casino Operator Crown At $6.2 Billion
Buyout giant Blackstone Group Inc made a $5.6 billion play for the shares of Australia’s Crown Resorts Ltd it does…
Japan Car Makers Scramble To Assess Impact Of Renesas Auto Chip-Plant Fire
Toyota, Nissan, Honda and other Japanese automakers scrambled on Monday to assess the production impact of a fire at a…
Wall Street’s Year Of Bust And Boom
Wall Street giddyness in recent weeks stands in stark contrast to the pandemic panic of one year ago. U.S. stocks…