Business World Singapore’s Temasek Allots $500 Million For Impact Investing In Leap Frog Tie-Up March 9, 2021 Ekemini Singapore’s Temasek Holdings is committing $500 million to a partnership with private equity firm LeapFrog Investments, in what both companies said was the largest ever commitment to an impact investor.…
Business Investing World Asian Stocks Recover On Firmer Futures, Retreat In U.S. Yields March 9, 2021 Ekemini Asian stocks recovered from earlier losses on Tuesday, lifted by firmer U.S. equity futures and central bank comments aimed at soothing fears about rising bond yields and inflation. A pullback…
Opinion World U.S. Can Deliver COVID-19 Aid Checks Quickly, But Child Tax Credit Is Hurdle March 9, 2021 Ekemini With plenty of practice sending out coronavirus relief payments, the U.S. government should be able to start delivering $1,400 checks almost immediately once Congress finalizes a new aid bill and…
World Indian Non-Profit Challenges New Content Regulation Rules For News Media March 9, 2021 Ekemini An Indian non-profit which runs an independent news website on Tuesday challenged in court the country’s new rules that seek to regulate content on digital news media. The so-called Intermediary…
Business Opinion World Investors Seek $1.2 Billion In Damages From Vivendi In Fraud Lawsuit March 9, 2021 Ekemini A group of investors will urge a French court on Tuesday to back its claim for 1 billion euros ($1.2 billion) in damages from Vivendi, alleging the media giant made…
Business Local The Security And Exchange Commission Partners AfDB To Broaden Market Instruments March 8, 2021 Ekemini To strengthen Nigeria’s securities market regulation and broaden tradable instruments, the Securities and Exchange Commission (SEC) has announced a $400,000 grant agreement with African Development Bank (ADB). This was even…
Business Local Investors Lose N240bn As Stocks Extend Losing Streak March 8, 2021 Ekemini Investors in the Nigerian stock market lost N240bn in the first trading week of March as the market capitalisation declined further. The Nigerian Stock Exchange All-Share Index and the market…
Business Technology Transcorp Hotels Launches Digital Platform March 8, 2021 Ekemini Transcorp Hotels Plc has announced the launch of ‘Aura,’ a new digital platform through which people can book accommodation and other services offered by the organisation. Aura, which is Transcorp’s…
Features World War Crimes Court Orders Record $30 Million Compensation For Congo Victims March 8, 2021 Ekemini Child soldiers and other victims of convicted Congolese militia leader Bosco Ntaganda should get a total of $30 million compensation, International Criminal Court judges ruled on Monday, in their highest…
World Heineken Replaces Chief Financial Officer After Savings Plan Launch March 8, 2021 Ekemini Heineken NV, the world’s second largest beer maker, said on Monday it will replace its chief financial officer as it continues with an overhaul of its leadership and embarks on…
Business World Nasdaq Futures Slide 2% On Inflation Jitters March 8, 2021 Ekemini Futures tracking the Nasdaq 100 index sank 2% on Monday as the passage of a $1.9 trillion COVID-19 relief package by the U.S. Senate lifted bond yields, pressuring richly valued…
Opinion World French Billionaire Politician Olivier Dassault Killed In Helicopter Crash March 8, 2021 Ekemini French billionaire Olivier Dassault was killed on Sunday in a helicopter crash, a police source said, with President Emmanuel Macron paying tribute to the 69-year old conservative politician. Dassault was…
World Houthis Fire Missiles, Drones At Saudi Oil Facilities March 8, 2021 Ekemini Yemen’s Houthi rebels fired drones and missiles at the heart of Saudi Arabia’s oil industry on Sunday, attacking a Saudi Aramco facility at Ras Tanura in an assault the kingdom…
Opinion World South Korea, US Agree On New Cost-Sharing Deal For Troops March 8, 2021 Ekemini South Korea and the United States have agreed on a new arrangement for sharing the cost of the US troops stationed on the Korean peninsula, easing an irritant in ties…
Features Local Secretary To The Government Of The Federation, Ministers, PTF Members Receive Covid-19 Vaccines Today March 8, 2021 Ekemini The Secretary to the Government of the Federation and the Chairman Presidential Task Force on COVID-19, Boss Mustapha, and members of the PTF will on Monday in Abuja receive doses…
Banking Business Local Opinion Banks Woo Customers With New Central Bank Of Nigeria ‘Naira-4-Dollar’ Policy March 8, 2021 Ekemini Deposit Money Banks on Sunday started wooing customers ahead of the commencement of the latest ‘Naira-for-Dollar’ policy of the Central Bank of Nigeria. CBN Governor, Godwin Emefiele, had on Saturday…
Features Opinion Lebanese Protest Currency Crisis, Block Roads March 8, 2021 Ekemini Demonstrators blocked key roads across Lebanon on Monday in protest at the country’s political paralysis after the Lebanese pound hit record lows on the black market. Black smoke billowed up…
Business Investing Millionaire Saudi Prince To Buy French Club Chateauroux Published March 8, 2021 March 8, 2021 Ekemini A self-confessed lover of “sport and money”, millionaire Saudi Prince Abdullah bin Mosaad is about to become the owner of humble French second division club Chateauroux. Already the owner of…
Local Opinion Technology We Spent N966bn On Pipeline Repairs, NNPC Replies Augf March 8, 2021 Ekemini The Nigerian National Petroleum Corporation has explained that it spent N966bn to repair pipelines between 2010 and 2015. NNPC stated this in response to the query raised in the 2016…
Features Investing World #GiveHerBetaHealth: GTBank Champions Access To Health Insurance For Women On International Women’s Day March 8, 2021 Ekemini As the 2021 International Women’s Day (IWD21) calls on people and organisations to #choosetochallenge for a better world for women, Guaranty Trust Bank plc (GTBank) has launched an initiative, tagged…
Opinion World Two-Thirds Of Tropical Rainforest Destroyed Or Degraded Globally, NGO Says March 8, 2021 Ekemini Humans have degraded or destroyed roughly two-thirds of the world’s original tropical rainforest cover, new data reveals – raising alarm that a key natural buffer against climate change is quickly…
Business Investing Technology World Panasonic To Buy U.S. Software Firm Blue Yonder For $6.5 Billion, Says Nikkei March 8, 2021 Ekemini Panasonic Corp will buy U.S. software firm Blue Yonder for 700 billion yen ($6.45 billion), the Nikkei reported on Monday, saying it was the Japanese electronics firm’s biggest acquisition since…
Business World Price And Policy Fears Drive Chinese Investors Into Cloistered Stocks March 8, 2021 Ekemini Worries about the frothiness of China’s stock market and steps authorities might take to rein it in are forcing investors out of popular technology and consumer sectors and into small-cap…
Business Investing World Dollar Stands Tall As U.S. Yields Resume Climb March 8, 2021 Ekemini The U.S. dollar gained on Monday, climbing towards a 3-1/2-month high, as a broad rise in Treasury yields spooked investor sentiment in stock markets. Having fallen 4% in the last…
Opinion World Lebanon’s Deadlock Fuels Seventh Day Of Street Protests March 8, 2021 Ekemini Demonstrators burnt tyres to block main roads all over Lebanon for the seventh straight day on Monday in anger at more than a year of economic crisis and seven months…
Business Investing World Brent Hops Past $70 For First Time Since Pandemic Began After Saudi Attack March 8, 2021 Ekemini Brent crude futures climbed above $70 a barrel on Monday for the first time since the COVID-19 pandemic began, while U.S. crude touched its highest in more than two years,…
Business Investing World Iran Slips Record Volume Of Oil Into China, Reaches Out To Asian Clients For Trade Resumption March 8, 2021 Ekemini Iran has quietly moved record amounts of crude oil to top client China in recent months, while India’s state refiners have added Iranian oil to their annual import plans on…
Business World Deliveroo Launches London Ipo After Business Surges In 2020 March 8, 2021 Ekemini British food delivery firm Deliveroo announced plans to launch its hotly anticipated London listing on Monday after recording a surge in business during the COVID-19 pandemic, although it still posted…
Business Investing World Oil, Travel Stocks Boost European Shares March 8, 2021 Ekemini European shares rose on Monday, catching up with a late Friday rally on Wall Street, while oil majors like Royal Dutch Shell and BP jumped as crude prices were boosted…
Business World Shares, Dollar Celebrate U.S. Stimulus, Oil At One-Year Top March 8, 2021 Ekemini Asian shares rallied on Monday while the dollar held near three-month peaks after the U.S. Senate passage of a $1.9 trillion stimulus bill and a surprisingly strong payrolls report augured…
