Opinion World AstraZeneca CEO Is ‘On A Hot Seat’: French Govt. March 16, 2021 Ekemini The chief executive of AstraZeneca – whose COVID-19 vaccine has been temporarily suspended in several European countries – is “on a hot seat and knows it”, said French Industry Minister…
Business World Citing Tailwind, Volkswagen Targets Profit Recovery March 16, 2021 Ekemini Volkswagen is confident that cost cuts will help it raise profit margins in the coming years, the world’s second-largest carmaker said on Tuesday, a day after outlining an ambitious electric…
Business Investing World Zalando Aims For More Than 10% Of Europe Fashion Market March 16, 2021 Ekemini German online fashion retailer Zalando said it aims to capture more than 10% of the 450 billion euro ($536.54 billion) European fashion market in the longer term after coronavirus lockdowns…
Banking Investing World Brexit Won’t Mean Lower Capital For Insurers, Says Bank Of England March 16, 2021 Ekemini A review of rules for the insurance sector after Brexit will take time to complete, but it will not lead to any “radical departure” or a reduction in capital requirements,…
Business Investing World Brent Crude Heads Toward $70 As China Energy Demand Outlook Brightens March 16, 2021 Ekemini Oil prices rose on Monday, with Brent heading toward $70 a barrel, as data showed China’s economic recovery accelerated at the start of 2021, boosting the energy demand outlook at…
World Suspension Of AstraZeneca Shots Is ‘Political Decision’: Italy’s Medicines Regulator Head March 16, 2021 Ekemini The decision by Germany, France and Italy to suspend AstraZeneca’s COVID-19 shots after several countries reported possible serious side-effects is a “political one”, the director general of Italy’s medicines authority…
Business Investing World European Markets Set To Open Higher On Recovery Hopes; Fed In Focus March 16, 2021 Ekemini European stocks are expected to open higher Tuesday as market attention focuses on the global economic recovery and the latest meeting of the U.S. Federal Reserve. London’s FTSE is seen…
Business World Fed Likely To Pen Rosier Forecasts, But No Policy Shift Expected March 16, 2021 Ekemini Federal Reserve policymakers are expected this week to forecast that the U.S. economy will grow in 2021 at the fastest rate in decades, with unemployment falling and inflation rising, as…
Business World Asian Stocks Follow Wall Street Higher Ahead Of Fed Meeting March 16, 2021 Ekemini An index of the region’s share markets excluding Japan strengthened 0.7%, led by a 1.2% jump in Australia’s benchmark S&P/ASX 200 index. Japan’s Nikkei 225 gained 0.6% to just below…
Technology World News Corp Inks Australia Facebook Deal, Signalling Truce After Blackout March 16, 2021 Ekemini Rupert Murdoch’s News Corp reached a content-supply deal with Facebook Inc in Australia, the companies said on Tuesday, a step toward settling a dispute that saw the social media giant…
Business Technology World Microsoft Rolls Back Update To Fix Access Issues For Thousands March 16, 2021 Ekemini Microsoft Corp said early on Tuesday glitches that affected access to workplace messaging app Teams, Outlook.com and other services have been largely fixed after it rolled back an update. The…
Business Investing World Diginex Projects Bitcoin Will Reach $175,000 By Year-End March 16, 2021 Ekemini The Trust Project is an international consortium of news organizations building standards of transparency Richard Byworth, CEO of Diginex, said his company projects that Bitcoin (BTC) will reach at least…
Business Local ABCON Warns Black Market Forex Dealers March 16, 2021 Ekemini The Central Bank of Nigeria (CBN)-licenced Bureaux De Change (BDC) operators have declared war on foreign exchange (forex) speculators and black market dealers for distorting the naira exchange rate against…
Business Local Criticisms Trail CBN’s Policy As Naira Weakens March 16, 2021 Ekemini The Naira depreciated by 1.04 per cent to N485 per dollar as the new Central Bank of Nigeria’s (CBN’s) Naira for Dollar Scheme failed to incentivise the foreign exchange (forex)…
Banking Business Local WTO Concerned About Nigeria’s Foreign Exchange Management – Okonjo-Iweala March 16, 2021 Ekemini The World Trade Organization director-general said on Monday that the WTO was concerned about Nigeria’s foreign exchange management and how it had been used to support manufacturing, exports and imports.…
Features Local Opinion WTO DG, Okonjo-Iweala Hits Aso Rock For Buhari March 15, 2021 Ekemini The Director-General of the World Trade Organisation (WTO), Dr. Ngozi Okonjo-Iweala on Monday visited President Muhammadu Buhari at the State House, Abuja. This is her first visit to Nigeria since…
Business World Buyers Return But Dubai Real Estate Faces Long Road To Recovery March 15, 2021 Ekemini Fancy working from home in a poolside villa, bathed in year-round sun? Prime Dubai properties have been snapped up in the past few months by buyers taking advantage of decade-low…
Investing Technology World Microsoft Could Reap More Than $150 Million In New U.S. Cyber Spending, Upsetting Some Lawmakers March 15, 2021 Ekemini Microsoft stands to receive nearly a quarter of Covid relief funds destined for U.S. cybersecurity defenders, sources told Reuters, angering some lawmakers who don’t want to increase funding for a…
Business World Tesla Names Musk ‘Technoking’ In Cryptic Regulatory Filing March 15, 2021 Ekemini Tesla Inc added “Technoking of Tesla” to billionaire Chief Executive Elon Musk’s list of official titles on Monday in a formal regulatory filing that also named finance chief Zachary Kirkhorn…
Opinion World Investors Ignoring Geopolitical Risks To Target Undervalued Russian Equities March 15, 2021 Ekemini Russian companies are cashing in on a global equity boom, leveraging growth potential and low valuations as investors largely ignore geopolitical risks and the risk of further sanctions on Moscow,…
World British Airways Calls For Vaccinated People To Travel Without Restrictions March 15, 2021 Ekemini British Airways’s new boss said vaccinated people should be allowed to travel without restriction and non-vaccinated people with a negative COVID-19 test, as he set out his ideas for a…
Banking Local USSD Disconnection: Emefiele, Pantami, Danbatta Meet Banks, Telcos Today March 15, 2021 Ekemini Governor of Central Bank of Nigeria, Godwin Emefiele, Minister of Communications, Dr Isa Pantami, and the Executive Vice Chairman of the Nigeria Communications Commission, Prof Umar Danbatta, will on Monday…
Features World USA: Bitcoin ATMs Are Coming To A Gas Station Near You March 15, 2021 Ekemini A new feature has appeared at smoke shops in Montana, gas stations in the Carolinas and delis in far-flung corners of New York City: a brightly-lit bitcoin ATM, where customers…
Local Opinion House Of Reps Wants 18-Year-Old Nigerians, Others To Carry Arms March 15, 2021 Ekemini The House of Representatives may soon pass a Bill for Act to permit Nigerians from the age of eighteen to carry arms for self-defence. This contradicts President Muhammadu Buhari’s order…
Banking Investing Local Nigeria’s NNPC, Accounting For Unremitted N4 Trillion Funds March 15, 2021 Ekemini A storm of controversy is raging again over the unremitted funds by the revenue-generating public agencies. At a recent plenary, the Senate Committee on Public Accounts and officials from the…
Features Local Opinion Nigeria Records 120 New COVID-19 Cases, No Death March 15, 2021 Ekemini The Nigeria Centre for Disease Control has said with 120 confirmed new cases of COVID-9, the number of active cases in Nigeria now stands at 13,245. The NCDC disclosed this…
Business Local Federal Government Of Nigeria Assures Labour No Increase In Fuel Price March 15, 2021 Ekemini The Federal Government has assured the tripartite labour community of the organised labour, organised private sector and indeed all Nigerians that there is currently no increase in the price of…
Features Investing Local Why Federal Government Is Constructing Narrow Gauge On Eastern Rail —Minister March 15, 2021 Ekemini The Federal Government on Sunday explained why it was constructing a narrow gauge railway on the Eastern rail line as opposed to the clamour for a standard gauge line. Minister…
Business Local Equities Suffer Sixth Weekly Loss As Index Slumps Further By 1.74% March 15, 2021 Ekemini Although the stock market closed positive twice, last week, the gains were not enough to push the indices as the market suffered its sixth consecutive weekly loss. Consequently, the Nigerian…
Features Local FIRS N1.4bn Refreshment Budget Reckless, Insensitive –TI, Others March 15, 2021 Ekemini Civil society organisations have condemned the N1.4bn budget for meals and refreshments by the Federal Inland Revenue Service in the 2021 fiscal year. The groups, including Transparency International and the…
