Local Opinion Nigeria Does Not Have A Fulani Problem: What We Have is A Food Production Challenge March 11, 2021 Ekemini Even the most egregious and utterly deplorable religious and ethnic dimensions of the present farmer-herder crisis are ultimately symptomatic, not causative. It is the same predominantly Moslem Fulani pastoralists, whom,…
Banking Business Local Central Bank Of Nigeria’s NIRSAL Reopens Portal For MSMEs, Individuals To Access Up To N25 Million March 11, 2021 Ekemini The Central Bank of Nigeria (CBN), through NIRSAL Microfinance Bank, has reopened its portal for Micro Small and Medium Enterprises (SMEs) and households affected by COVID-19 to access up to…
Business Local Renewed Confidence, Excitement As Nigeria Stock Exchange Completes Demutualisation Exercise March 11, 2021 Ekemini Completion of the 10 -year demutualisation project of the Nigerian Stock Exchange (NSE) has opened a new vista, especially growth prospects in the bourse, as more people are likely to…
Business Local Technology Nigerian Payments Startup Flutterwave Now Valued At Over $1Bn. Raises $170m March 11, 2021 Ekemini Nigerian payments startup, Flutterwave, has closed a $170m Series C funding round, the largest amount ever secured by an African tech startup and one that gives it “unicorn” status with…
Business Investing World Stakeholders Canvass Policies to Regulate Cryptocurrency March 11, 2021 Ekemini The Nigerian Technology Industry Group has said there should be core policies that would help in regulating cryptocurrency providers in Nigeria. The group stated this following the directive given by…
Africa Business Local Nigeria, Largest Economy In Africa – UAE March 11, 2021 Ekemini The United Arab Emirates (UAE) on Wednesday, said Nigeria remained the largest economy in Africa. This was contained in a statement signed by the Embassy of UAE in Abuja and…
Business World Smarter Dressing In Store For Hugo Boss As Lockdowns Lift March 11, 2021 Ekemini Hugo Boss expects its business will continue to suffer in the first quarter but forecast a gradual recovery from April as people buy new clothes when they emerge from lockdowns.…
Business Local UBA Group MD Explains Conservative Dividend Payout March 11, 2021 Ekemini The Group Managing Director/CEO of United Bank for Africa Plc, Mr. Kennedy Uzoka, has said the bank reduced its dividend payment so as to strengthen its capacity and deliver better…
Business Local Stakeholders Foresee Growth Opportunities In NSE’s Demutualisation March 11, 2021 Ekemini Stakeholders in the capital market have hailed the final approval given by the Securities and Exchange Commission (SEC) and the Corporate Affairs Commission (CAC) for the demutualisation of the Nigerian…
Business World Australia To Subsidise Airfares As Part Of $928m Tourism Boost March 11, 2021 Ekemini The Australian government unveiled a 1.2 billion Australian dollars ($928m) tourism support package on Thursday, aimed at boosting local travel while international routes remain closed because of the coronavirus pandemic.…
Business World Investors Turn Up Heat On HSBC To Phase Out Fossil Fuel Funding March 11, 2021 Ekemini HSBC will phase out its support for the coal industry in the developed world by 2030 and in the developing world by 2040, the bank said on Thursday, bowing to…
Opinion World Oil Prices Are Surging: Here’s Why Not Everyone Is Cheering March 11, 2021 Ekemini You’d think a world tiptoeing its way out of the coronavirus pandemic might only be good news for governments and economies. Yet the consequent surge in the price of energy,…
Features Investing Local Opinion Using Ibori Loot For Lagos-Ibadan Expressway, Abuja-Kano Rail Line Unjust – Sagay March 11, 2021 Ekemini The Chairman, Presidential Advisory Committee Against Corruption, Prof. Itse Sagay (SAN), has advised the President, Major General Muhammadu Buhari (retd.), to use the loot to fund projects in Delta State.…
Business Technology World With Green Energy, Japanese Governor Wants To Take Fukushima Out Of Nuclear Shadow March 11, 2021 Ekemini A decade after Japan’s devastating nuclear meltdown, the governor of Fukushima hopes the prefecture can step out of the shadow of disaster and become a symbol for green energy, although…
Business Local Nigerian Stock Market Rises By N128bn On Demutualization March 11, 2021 Ekemini The nation’s bourse on Wednesday overcame its negative posture growing by N128bn following bargain buying in Dangote Cement and Nestle as well as news of approval of demutualisation, the News…
Business Local Best Nigerian Stocks In 2020 Based On Dividend Yield March 11, 2021 Ekemini These are stocks that offered their investors the highest dividends for every naira invested in 2020 based on announced dividends so far in 2021. For an investor interested in dividend…
Business Technology World China Semiconductor Trade Association Establishes Work Group With U.S. Counterpart March 11, 2021 Ekemini The Chinese Semiconductor Industry Association (CSIA), a major trade association for China’s chip industry, will establish a working group with its U.S-based counterpart, the organisation announced on Thursday. The announcement…
Features World Norwegian Air Updates Offer To Creditors In key Step Towards Survival March 11, 2021 Ekemini Norwegian Air said it had presented an updated restructuring proposal to creditors on Thursday, a major step in the airline’s plan to sharply cut debt and trim the fleet to…
Business World Shell CEO Takes Large Pay Cut After Bruising 2020 March 11, 2021 Ekemini Royal Dutch Shell Chief Executive Ben van Beurden’s pay package dropped by 42% to $7 million in 2020, a year in which the coronavirus pandemic pushed the energy company to…
Business Local Opinion How To Make PIB Beneficial To The Nigerian Govt. And Nigerians By Stakeholders March 11, 2021 Ekemini Some stakeholders, yesterday, brainstormed on some of the issues delaying passage of the 20-year old Petroleum Industry Bill (PIB), suggesting ways of resolving them to minimise the consequences in the…
Local Opinion Senate Alleges N120billion Fraudulent Fuel Subsidy Payment March 11, 2021 Ekemini The Senate Committee on Public Accounts, yesterday, said it had uncovered a N120 billion differential in subsidy payment to the Independent Petroleum Marketers Association of Nigeria (IPMAN) by the Petroleum…
Banking Features Local Two Out Of Five Bank Workers Are Contract Staff – NBS March 11, 2021 Ekemini Two out of every five people working in Nigerian banks are contract staff, analysis of data provided by the National Bureau of Statistics has shown. According to the NBS, as…
Business Investing Opinion World Warren Buffett’s Net Worth Surpasses $100bn, Forbes Says March 11, 2021 Ekemini US businessman Warren Buffett on Wednesday joined the small circle of executives worth more than $100 billion, which also includes Jeff Bezos, Elon Musk, Bernard Arnault and Bill Gates, Forbes…
Features Local Opinion UAE Extends Ban On Nigeria Flights To March 20 March 11, 2021 Ekemini The United Arab Emirates has extended its ban on Nigerian flights till March 20. A statement from the public relations firm for Emirates made available to our correspondent said customers…
Local Opinion ICYMI: I Didn’t Defraud FG Of N51bn, N2.5bn –Buhari’s Daughter March 11, 2021 Ekemini One of the daughters of the President, Zahra Buhari-Indimi, has said she did not defraud the Federal Government of Nigeria of N51bn, N2.5bn, or any amount. The President’s daughter stated…
Features Local Opinion Wage Bill Protests: National Assembly, Labour Meet Tuesday As Sponsor Knocks Unions March 11, 2021 Ekemini The leadership of the National Assembly will, on Tuesday next week, meet labour leaders over a bill which seeks to remove the minimum wage negotiations from the exclusive legislative list.…
Business Investing Local Dangote Set To Earn N13bn In Dividend From Sugar Business March 11, 2021 Ekemini Chairman of Dangote Group, Aliko Dangote, is expected to earn a dividend of N13.1bn for the financial year 2020 from his stake in Dangote Sugar Refinery Plc. Africa’s richest man…
Banking Business Investing Local Technology FCMB Introduces Paperless And Cardless Transactions At Branches, ATMs And POS Terminals March 11, 2021 Ekemini Customers of First City Monument Bank (FCMB) can now seamlessly carry out an array of transactions with just their fingerprints and Bank Verification Numbers (BVNs). This followed the introduction of…
Features Local Nigerien President Wins $5 Million Mo Ibrahim Prize March 11, 2021 Ekemini President of Niger, Mahamadou Issoufou, has won the $5 million 2020 Ibrahim Prize for Achievement in African Leadership, the Mo Ibrahim Foundation announced today. The announcement followed a meeting of…
Features Opinion World Mexico’s Congress Approves Landmark Cannabis Bill March 11, 2021 Ekemini Mexico’s lower house of Congress on Wednesday approved a bill that would decriminalize cannabis for recreational, medical and scientific uses, bringing it a step closer to creating one of the…
