Business Local ICAN To FG: Poor Forex Management Hurting Investor Confidence March 15, 2021 Ekemini The top hierarchy of the Institute of Chartered Accountants of Nigeria (ICAN) has impressed on the federal government the need to develop appropriate foreign exchange management framework that would increase…
Local Federal Government Of Nigeria Postpones Falomo Bridge Repairs, Partial Closure, To Announce New Date Soon March 15, 2021 Ekemini The Federal Controller of Works in Lagos, Mr Olukayode Popoola on Sunday said that the Federal Government has postponed plans to partially close the Falomo Bridge in Victoria Island for…
Business Local Nigeria To Benefit From $6.95m Africa Digital Financial Inclusion Facility Grant March 15, 2021 Ekemini The Africa Digital Financial Inclusion Facility (ADFI) is offering six grants valued at USD6.95 million to finance digital financial inclusion in Africa. The grant is supported by the French Development…
Business Local Nigeria’s Rising Debt Servicing, An Economic Threat March 15, 2021 Ekemini The increasing debt service of Nigeria is an economic threat to the country, the Securities and Exchange Commission declared on Thursday. But this might not stop the Federal Government from…
World Covid 19 World Update: U.S. Passes 100 Million Doses; California Eases; WHO Backs Astra & List J&J For Emergency Use March 13, 2021 akintunde The U.S. passed the milestone of administering more than 100 million Covid-19 shots. California said 13 counties can ease restrictions, including opening restaurants and movie theaters to 25% capacity. Michigan…
Investing Technology Bitcoin Intraday Trading Pattern Emerges As Institutions Pile In March 13, 2021 akintunde Bitcoin has shown a tendency lately to clock its intraday low in the Asian or European session, and end near daily highs in the U.S. For example, the low on…
Business Investing Technology World U.S. Stocks Edge Higher; Yield Spike Hits Tech March 13, 2021 Ekemini U.S. stocks eked out a record, though rising Treasury yields continued to weigh on technology stocks. The dollar jumped. The S&P 500 closed higher amid rallies in financial and industrial…
Business Local MAN: Banks Delaying CBN’s N1tr Stimulus Package March 13, 2021 Ekemini The Manufacturers Association of Nigeria (MAN) has accused Money Deposit Banks (DMBs) of making it difficult for manufacturers to access the Central Bank of Nigeria’s (CBN’s) N1 trillion COVID-19 stimulus…
Business Local Nigerian State Oil Company Rows Back Regulator’s Fuel-Price Hike March 13, 2021 Ekemini Nigeria’s state oil company ruled out higher gasoline prices this month, less than a day after the fuel regulator signaled the first increase since November. The reversal means that government-owned…
Africa Business Technology Harnessing The Power Of Mobile Marketing To Drive The Growth Of Fintech Across Africa March 13, 2021 Ekemini Although relatively new, fintech has become a hit with Africa’s mobile-first population. While traditional financial services institutions have been unable to adequately serve large parts of the African population, a…
Business Investing World ECB Doesn’t Intend Faster Bond-Buying To Mean More Stimulus March 13, 2021 Ekemini The European Central Bank (ECB) headquarters in Frankfurt, Germany, on Wednesday, Oct. 21, 2020. A push for a ECB green lending program to help the fight against climate change has…
Business World Pound Under Pressure After UK GDP And Trade Data March 13, 2021 Ekemini The pound came under pressure on Friday after new data showed a decline in trade and the size of the UK economy at the start of the year. Sterling was…
Business World 5 Arrested In South Africa’s Biggest Banking Scandal March 13, 2021 Ekemini South African Police, on Thursday, arrested five persons in connection with the collapse of VBS Mutual Bank, the country’s biggest banking scandal in recent years. The Police said the suspects…
Banking Business Investing Opinion World Indian Tycoon Gautam Adani Makes Record $16.2 Billion In Pandemic Year March 12, 2021 Ekemini Indian tycoon Gautam Adani has added more billions to his wealth than any one else in the world this year. The wealth gain came on the back of investor excitement…
Business World Bridging Gender Gap To Boost Economic Prosperity In Post-Covid Era March 12, 2021 Ekemini Women across the world face tougher economic prospects than men and the coronavirus pandemic has only made things worse. Women make up 50 percent of the global population, yet they…
Business Local Private Sector To Boost Employability Skills Of 1000 Youths March 12, 2021 Ekemini Metanoia Africa and CAIN Africa are partnering with Jobberman to provide free soft skills training for 1000 young people. Participation in the training which begins March 15, guarantees enrollees a…
Business Local Wema Bank Marks IWD, Offers Loan For Female Business Owners March 12, 2021 Ekemini Wema Bank through its female proposition, Sara by Wema will mark this year’s International Women’s Day (IWD) with a webinar on Friday, March 12, 2021. The 90 minutes’ event themed…
Business Local Shipping Institute Wants FG Develop Delta Ports With Ibori Loot March 12, 2021 Ekemini Capt. Tony Onoharigho, President, Nigerian Institute of Shipping, on Friday urged the Federal Government to use the repatriated James Ibori loot to develop the three ports in Delta. In an…
Business Investing Local Higher Yields For Investors As T-Bill Rates To Near Double-Digit In H1 March 12, 2021 Ekemini Fixed-income investors seeking high-yielding securities in the markets will not be disappointed in the first half of 2021 as analysts expect the rates on the Federal Government short-term debt instruments…
Business Local Higher Inflation Looms As Federal Government Increases Petrol Price To N212.61 Per Litre March 12, 2021 Ekemini The Petroleum Products Pricing Regulatory Agency (PPPRA) has announced an increase in the price of Premium Motor Spirit (PMS), otherwise called petrol, to N212.6 per litre. PPRA, an agency of…
Business Local Bureaux De Change’s Wage War Against Forex Speculators, Black Market Dealers March 12, 2021 Ekemini The Central Bank of Nigeria (CBN)-licenced Bureaux De Change (BDC) operators have declared operational war against foreign exchange speculators and black market dealers distorting the naira exchange rate against the…
Features Local Opinion PDP Governors Seek Financial Assistance From Buhari March 12, 2021 Ekemini Governors elected on the platform of the Peoples Democratic Party (PDP) rose from a five-hour meeting in Abuja, yesterday, to plead for financial aid from President Muhammadu Buhari. The fund,…
Investing Opinion World The Corporate Taxman Cometh March 12, 2021 Ekemini Global investors are obsessing about borrowing costs, discount rates and inflation risks as the world emerges from the shocking pandemic – but they are also starting to pore over coming…
Opinion Technology World Netflix May Crack Down On Password Sharing March 12, 2021 Ekemini If you’re using your sister’s boyfriend’s dad’s Netflix account — listen up. The streaming giant is testing a new feature that could help it crack down on password sharing. Netflix…
Features Opinion World Trump, Estranged From Presidents Club, Excluded From Predecessors’ PSA March 12, 2021 Ekemini When President Donald Trump received his Covid-19 vaccine at the White House in January, it was not recorded by official photographers or videographers, according to a person familiar with the…
Features Local Opinion Coronavirus Vaccination: No Adverse Reaction From President Buhari, Others – NPHCDA March 12, 2021 Ekemini The National Primary Health Care Development Agency (NPHCDA) has said that since the country commenced its COVID-19 vaccination, no Nigerian has observed any adverse reaction, noting that all side effects…
Features Local How Generals Ironsi, Gowon, Obasanjo Laid Foundation For Insecurity – Sultan March 12, 2021 Ekemini The chairman of the National Council of Traditional Rulers of Nigeria and Sultan of Sokoto, Alhaji Muhammad Sa’ad Abubakar III, on Thursday, said the regimes of Generals Aguiyi Ironsi, Yakubu…
Opinion World Six Coal Miners killed In Blast In Pakistan’s Southwest March 12, 2021 Ekemini Six miners have been killed in a blast at a coal mine in southwestern Pakistan near the border with Afghanistan, officials with the provincial Directorate of Mines told Reuters. They…
Business Investing World Investors Dump Bonds And Gold, Pile Into Equities March 12, 2021 Ekemini Investors piled into equities, while pulling money out of gold and bonds in the week up to March 10, data from BofA Global Research showed. BofA’s weekly flows report showed…
Technology World Exclusive: Posco’s Steel Plant In India Faces Disruption, Hampering Auto Supply Chain March 12, 2021 Ekemini Operations at South Korean steelmaker Posco’s plant in India’s western state of Maharashtra have been disrupted by protests over labour and other issues, police and sources told Reuters, hampering the…
