CBN Disburses N1.487tr To Boost Food Security
The Central Bank of Nigeria (CBN) has disbursed N1.487 trillion under its various agricultural programmes to boost food security. Its…
Day: March 25, 2021
Nigeria’s Crackdown On Bitcoin Echoes Global Crypto Conundrum
Lagos, Nigeria – When the Central Bank of Nigeria (CBN) issued a circular in early February warning banks and financial institutions…
NCDC Announces 96 New COVID-19 Infections Nationwide
The Nigeria Centre for Disease Control announced 96 new cases of COVID-19 late on Wednesday, bringing the total number of…
NFT Artwork By Humanoid Robot Sells At Auction For Nearly $700,000
A digital artwork by humanoid robot Sophia was sold at auction on Thursday for $688,888 in the form of a…
Exporters Fault Cargo Suspension At Lagos Ports
Nigerian exporters have expressed their disappointment with the Nigerian Ports Authority’s temporary suspension of export at the Lagos Ports Complex…
European Fashion Stocks Hit By China Xinjiang Row
Shares of European fashion brands Adidas, Inditex and H&M fell on Thursday as they faced a storm of criticism on…
Vaxcyte Asks Chairman Slaoui To Resign After GSK Harassment Allegation
U.S. vaccine developer Vaxcyte Inc on Thursday asked board chairman Moncef Slaoui to step down, a day after GlaxoSmithKline dismissed…
NAICOM Moves To Enforce Compulsory Insurance Of Public Buildings
To drive the enforcement of the compulsory insurance of public buildings across the country, The National Insurance Commission (NAICOM) in…
Aig-Imoukhuede Seeks Insurance Revolution
Former Chief Executive Officer of Access Bank, Aigboje Aig-Imoukhuede, has emphasised the need to focus on and grow other segments…
ECB Seeks To Allay German Misgivings About Digital Euro
The European Central Bank sought on Thursday to allay misgivings in Germany about the launch of a digital euro, saying…
Boohoo Cuts Number Of UK Suppliers
British online fashion retailer Boohoo on Thursday revealed a major consolidation in its supplier base as it published a full…
UK Card Payments Recover Towards Pre-COVID Levels: ONS
Spending on credit and debit cards during the week to March 18 stood at 81% of its February 2020 pre-lockdown…
Stocks Sluggish, Dollar Near Four-Month Highs As Risk Appetite Wanes
Global equities languished close to two-week lows on Thursday, while the dollar cruised to near a four-month high against the…
MTN Nigeria Unveils Customer Engagement Platform
MTN Nigeria has unveiled a new unified customer engagement platform, EnGauge, designed to enable small-to-medium enterprise business owners seamlessly administer…
Deutsche Telekom, Slovak Unit Lose Appeal Against EU Antitrust Fine
Deutsche Telekom and its Slovak unit on Thursday lost their fight against an antitrust fine levied nearly a decade ago…
Nigeria: Devastating Floods Loom, NIHSA Warns Govt, Citizens
The Nigeria Hydrological Services Agency on Wednesday advised the three tiers of government and citizens across the country to prepare…
Hong Kong Tells Foreign Governments To Stop Accepting Special British Passport
The Hong Kong government has told some foreign consulates to stop accepting a British travel document that many of its…
Bill Gates Says World Should Be Back To Normal By End-2022 Due To Vaccines
The world should be back to normal by the end of 2022 thanks to COVID-19 vaccines, Bill Gates said in…
Mastercard Battles Return Of $19 Billion UK Class Action
A specialist London court will this week re-consider allowing an historic 14 billion pound ($19 billion) class action against Mastercard…
Bank Of England Unveils New Banknote Celebrating WW2 Code-Breaker Turing
The Bank of England unveiled the design of a new banknote celebrating mathematician Alan Turing, who helped Britain win World…
Organic Farming Must Grow To Reach Green Goals, EU Says
The European Commission on Thursday said it would expand financial and policy support to help achieve a goal for a…
Here’s Why Investment-Interest In Eko Atlantic Is High Despite Economic Slowdown, Land Price
At a time when many developments are struggling to get off ground as a result of Covid-19 impact and general…
Report Indicts NNPC, CBN, Others Of Under-Remittance To Federal Government
A report from forensic auditors, KPMG has indicted about seven government revenue-generating agencies for under-remitting over N526.35 billion and $21.199…
I Handed $15.8m To Suswam In His Abuja House, Says Witness
The criminal trial of former Benue State Governor Gabriel Suswam resumed on Wednesday at a Federal High Court in Abuja…
Google Offered A Professor $60,000, But He Turned It Down. Here’s Why
When Luke Stark sought money from Google in November he had no idea he’d be turning down $60,000 from the…
Reps Probe MDAs Over N526bn, $21bn Revenue Leakages, Others
The House of Representatives has resolved to investigate ministries, departments and agencies of the Federal Government over various unremitted revenue…
No Sale, Concession Decision On TCN, Says BPE
The Federal Government has not decided on whether it would sell or concession the Transmission Company of Nigeria, the Bureau…
Federal Government Begins Disbursement Of N68m Grant To Edo Rural women
The Federal Government, on Wednesday, commenced the disbursement of N68m grant to 3,400 rural women in Edo State as part…
Refineries: Reps Probe $1.5bn Planned Rehabilitation, Past Repairs
The House of Representative has resolved to investigate the fresh $1.5bn recently approved by the Federal Executive Council to rehabilitate…
Infrastructure Bill Could Fuel Stocks, But Investors Temper Enthusiasm
A U.S. government plan to upgrade the nation’s infrastructure could further fuel the stock market’s rally, but skepticism about a…