Business Opinion Technology World Norway Blocks Rolls-Royce’s Plan To Sell Engine Maker To Russia March 23, 2021 Ekemini Norway will block Rolls-Royce from selling a Norwegian maritime engine maker to a Russian company on national security grounds, its justice minister told parliament on Tuesday. Based on Norway’s west…
Business Opinion World At NATO, Blinken Warns Germany Over Nord Stream 2 Pipeline March 23, 2021 Ekemini U.S. Secretary of State Antony Blinken said on Tuesday the Nord Stream 2 pipeline being built from Russia to Germany ran counter to the European Union’s own interests and could…
Features Local Opinion INEC Plans Online Voter Registration, Targets 16 Million Nigerians March 23, 2021 Ekemini IN a bid to address the cumbersome process of voter registration at the various centres in Nigeria ahead of the 2023 general elections, the Independent National Electoral Commission, has said…
Local Leave LG Funds, Budget Monitoring Group Tells Govs March 23, 2021 Ekemini THE Niger Delta Budget Monitoring Group and the Civil Liberties Organisation have called on Nigerian governors to stop using local government funds for state projects. NDEBUMOG and CLO urged the…
Features Investing Local Opinion AfCTA: Nigeria Plans $50bn Intra-Africa Exports March 23, 2021 Ekemini The National Action Committee on African Continental Free Trade Area Agreement has disclosed plans to achieve economically viable communities in Nigeria by growing its intra-Africa export trade volume to $50bn…
Local Opinion Pension Funds Gained N119.68bn From Equity In Q4 – PenCom March 23, 2021 Ekemini Pension fund investment gained N119.68bn from equity in the fourth quarter of 2020, the National Pension Commission has revealed. Figures obtained on Monday from the PenCom report titled ‘Net realised…
Business Local Opinion Nigerian Ports Authority Seals Three Illegal Jetties March 23, 2021 Ekemini The Nigerian Ports Authority has sealed three illegal jetties in its bid to clamp down on unseaworthy barges following increasing reports of abuse of process in the operation of barges…
Local Opinion Fuel Marketers Raise Diesel Price To N265 Per Litre March 23, 2021 Ekemini Against the backdrop of the recent rise in global oil prices, some fuel marketers have increased the price of Automotive Gas Oil, also known as diesel, to a new high…
Features Local Technology Federal Government Orders Immediate Resumption Of Domestic Flights Catering Services March 23, 2021 Ekemini Catering services, hitherto suspended at the onset of the COVID-19 pandemic are to resume on domestic flights immediately, the Federal Government declared on Monday. Minister of Aviation, Hadi Sirika, disclosed…
Local Opinion Forex Trader Remanded For Defrauding Investors Of N17.4m, $6,300 March 23, 2021 Ekemini A self-acclaimed foreign exchange trader, Nanpan Yaniyang, has been remanded by the Lagos State High Court for allegedly defrauding investors of N17,449,000 and $6,300. It was gathered that Yaniyang collected…
Business Features Local Opinion Only 47 Money Transfer Operators Are Licensed – Central Bank Of Nigeria March 23, 2021 Ekemini The Central Bank of Nigeria has released the list of 47 International Money Transfer Operators that are licensed to operate in the country. It disclosed this on its website in…
Business Opinion World COVID-19: Federal Government Raises Alarm Over Racketeering Of Vaccines March 23, 2021 Ekemini The Federal Government on Monday in Abuja raised alarm over reported racketeering of the Oxford-AstraZeneca vaccines in some of the designated vaccination centres. Abdullazzi Abdullahi, Permanent Secretary, Ministry of Health,…
Business Technology World Abu Dhabi Funds Invest $150 Million In Messaging App Telegram March 23, 2021 Ekemini Abu Dhabi sovereign wealth fund Mubadala Investment Company and Abu Dhabi Catalyst Partners have invested a combined $150 million in messaging app Telegram, a joint statement said on Tuesday. Mubadala…
Business Technology World Microsoft In Talks To Acquire Discord For More Than $10 Billion March 23, 2021 Ekemini Microsoft Corp is in talks to buy messaging platform Discord Inc for more than $10 billion, Bloomberg News reported, citing people familiar with the matter. Discord has reached out to…
Opinion World Politically Correct? Bond Market Steers Clear Of Judgment Calls March 23, 2021 Ekemini When Saudi journalist Jamal Khashoggi was killed in 2018, London-based hedge fund manager Dominic Armstrong bet investors would be turned off and the kingdom’s debt would take a beating. His…
Business World Online Review Platform Trustpilot Gets $1.5 Billion Valuation In London IPO March 23, 2021 Ekemini Online reviews platform Trustpilot said on Tuesday it had priced its initial public offering in London at 265 pence per share, giving it a market capitalisation of 1.08 billion pounds…
Features Opinion World UK Jobless Rate Unexpectedly Drops To 5.0% March 23, 2021 Ekemini Britain’s jobless rate unexpectedly fell to 5.0% in the three months to January, when the country entered a new COVID lockdown, official figures showed on Tuesday, below forecasts of a…
Opinion World England Slaps New 5,000 Pound Fine On Travel Abroad March 23, 2021 Ekemini Fines of 5,000 pounds ($6,900) will be introduced from next week for people from England who try to travel abroad without good reason under new COVID-19 laws which last until…
Investing Technology World AB Volvo Shares Fall 7% After Warning Chip Shortage To Hit Output March 23, 2021 Ekemini Shares in AB Volvo fell 7% on Tuesday after the Swedish truckmaker warned of a substantial hit on production in the second quarter due to the global shortage of semiconductors.…
Africa Business Investing Flourish Ventures Opens Up New Office In Nairobi, Kenya To Support African Fintech Startups March 22, 2021 Ekemini The African fintech startup scene is set for a boost after Flourish Ventures, a global fintech venture capital firm, announced a new office based in Nairobi to help its investment…
Africa Business FMO Renews Commitment To Emerging Africa Infrastructure Fund March 22, 2021 Ekemini The Emerging Africa Infrastructure Fund (EAIF), managed by Investec Asset Management (IAM), today announced that it has successfully completed its latest fundraising round, raising US$385mn in new long-term debt capital…
Africa Business Investing Valar Ventures Makes First Investment In Africa With Neo Bank Kuda March 22, 2021 Ekemini Launched in 2016 as lending platform Kudimoney, Kuda rebranded in June of 2019 and received a banking licence from the Central Bank of Nigeria (CBN) to launch a full-service mobile-only…
Africa Business First Green Energy Project In Burkina Faso For EAIF March 22, 2021 Ekemini The West African country of Burkina Faso is to get a new large-scale renewable energy plant, it was announced today, 15th March. Located some 250km south east of the nation’s…
Opinion World Billionaire Leon Black Is Leaving Apollo Following Scrutiny Over Ties To Jeffrey Epstein March 22, 2021 Ekemini Leon Black is completely stepping away from running private equity firm Apollo Global Management amid scrutiny over the billionaire’s ties to Jeffrey Epstein. Apollo (APO) announced Monday that Black has…
Opinion World Turkey’s Lira Plunges After Erdogan Fires Central Bank Head March 22, 2021 Ekemini urkey could be on the cusp of another currency crisis after President Recep Tayyip Erdogan abruptly fired the head of the country’s central bank, putting the lira on track for…
Business Technology World A Company Will Pay You $2,400 To Stay Away From Screens For 24Hours March 22, 2021 Ekemini Put the phone away for an hour. Or, better yet, make it 24 hours — you might just get $2,400 out of it. Reviews.org, a company that tests home services…
Africa Business Technology Rise Fund To Invest $200 Mln In Airtel Africa’s Mobile Money Business At $2.65 Bln Valuation March 22, 2021 Ekemini Telecommunications and mobile money services provider Airtel Africa said it signed an agreement under which The Rise Fund, the global impact investing platform of alternative investment firm TPG, would invest…
Africa Business Investing RisCura Launches Impact Fund-Of-Funds For South Africa March 22, 2021 Ekemini Purpose-driven investment firm RisCura is applying its institutional investment experience to impact investing and has launched the country’s first Impact fund of funds series. The firm says this is in…
Business Local Opinion Hadiza Bala Usman: Export Cargoes Barred From Lagos Ports For Two Weeks March 22, 2021 Ekemini The NPA boss told Radio Now 95.3 FM in an interview monitored by TheCable that the suspension is effective Monday, March 22. Usman explained that the move is aimed at…
Business Investing World China’s JD.com To Invest $800million In Dada Group March 22, 2021 Ekemini Chinese e-commerce firm JD.Com said on Monday it will invest $800 million in Dada Group, giving it a 51% stake in the Chinese on-demand delivery platform. -Reuters
