World Hours-Long Reading Of Legislation Delays Debate On Biden’s $1.9 Trillion COVID-19 Bill March 5, 2021 Ekemini The U.S. Senate voted on Thursday to take up President Joe Biden’s $1.9 trillion coronavirus aid bill, but put off the start of a contentious debate until the full text…
Business World China Says Will Deter Taiwan Independence But Seek Peaceful Ties March 5, 2021 Ekemini China will resolutely deter any separatist activity seeking Taiwan’s independence but is committed to promoting the peaceful growth of relations across the Taiwan Strait and China’s “reunification”, Premier Li Keqiang…
Features World Jay Z’s D’USSÉ 1969 Anniversaire Limited Edition Grande Champagne Cognac To Be Auctioned At Sotheby March 5, 2021 Ekemini The 1969 Anniversaire Edition was launched in 2019 by D’USSÉ and Mr. Carter. The liquid comes from one of the oldest and most storied Cognac houses in France, the prestigious…
Business Investing World Credit Suisse Winding Down Greensill-Linked Funds March 5, 2021 Ekemini Credit Suisse is winding down its supply chain finance funds which held most of their roughly $10 billion in notes backed by beleaguered Greensill Capital, it said on Friday. “The…
Business Technology World Jay-Z Sells Majority Stake In Tidal To Jack Dorsey’s Square March 5, 2021 Ekemini Both parties confirmed the acquisition in a statement via their respective Twitter handles on Thursday. As part of the deal, Jay-Z will move to Square’s board of directors and Tidal’s…
Business Technology World US Big Tech Firms Jostle For India’s Huge Digital Payments Market March 4, 2021 Ekemini Technology giants Facebook Inc., Amazon.com Inc. and Google and credit-card providers Visa Inc. and Mastercard Inc. are among those vying for unprecedented access to India’s burgeoning digital retail payments market.The…
Business World India Merchants Almost Halt Exports To Iran As Its Rupee Reserves Fall – Officials March 4, 2021 Ekemini Indian merchants have almost entirely stopped signing new export contracts with Iranian buyers for commodities such as rice, sugar and tea, due to caution about Tehran’s dwindling rupee reserves with…
Local Opinion #EndSARS: 25 Insurance Companies To Pay N20.4bn Claims March 4, 2021 Ekemini Twenty-five insurance companies have recorded claims totalling N20.4bn from losses that emanated from the #EndSARS protests which occurred in the country in October, findings have revealed. Figures obtained from by…
Business World General Motors Looking To Build Second Battery Plant In U.S March 4, 2021 Ekemini General Motors Co is looking to build a second battery factory in the United States with South Korean joint-venture partner LG Chem Ltd, the Wall Street Journal reported on Thursday,…
Business Investing World Bond scares linger, investors look to Powell March 4, 2021 Ekemini Worries about lofty U.S. bond yields hit global shares on Thursday as investors waited to see if Federal Reserve Chair Jerome Powell would address concerns about a rapid rise in…
Business Local OPEC+ Debates Whether To Raise Or Freeze Oil Output As Price Recovers March 4, 2021 Ekemini The market has been expecting the OPEC+ group of producers to ease supply cuts by about 500,000 barrels per day (bpd) from April. OPEC’s de facto leader Saudi Arabia has…
Business Technology Federal Government Approves Establishment Of SIM Swap Centres By Mobile Network Operators March 4, 2021 Ekemini The Ministerial Task Force on the NIN-SIM registration has approved the establishment of SIM Swap Centres by Mobile Network Operators MNOs across all Local Government Areas (LGAs) in Nigeria to…
Technology Collaboration Necessary To Deliver Digital Payment Services’ March 4, 2021 Ekemini Financial experts who participated at the Nigeria Finance virtual forum, which held on Tuesday, have stressed the need for collaboration between fintech developers, the banks and the financial institution regulator,…
Business Technology Nigeria Ranks Lowest In Internet Affordability – Report March 4, 2021 Ekemini A global study on the quality of digital wellbeing in 85 countries has ranked Nigeria the lowest country in Internet affordability. According to the Surfshark’s Digital Quality of Life Index…
Business Technology Nigerian Team Builds First-Of-Its-kind Technology For Microsoft March 4, 2021 Ekemini Microsoft Mesh, a new mixed-reality platform powered by Azure – that allows people in different physical locations to join and share holographic experiences on many kinds of devices, was launched…
Business World Expert Urges Strengthening Of Core Competence, Strategic Reserves March 4, 2021 Ekemini An energy and logistics expert, Elvis Chukwudi Okonji, has urged players in the energy and logistics industry to deepen their core competence, build strategic reserves, review their finance strategy, diversify…
World Texas Power Grid CEO Is Fired Following Widespread Outages During Winter Storms March 4, 2021 Ekemini Following widespread power outages during a series of winter storms that left many Texas residents in the dark for days, the head of the organization overseeing the state’s power grid…
Business Investing Local Nigeria Records N4.9tr Investment Inflows In 5 Yrs March 4, 2021 Ekemini The Nigeria Investment Promotion Commission (NIPC) has said Nigeria’s annual investment inflows averaged $13 billion (about N4.940 trillion) in the last five years. Speaking at the ongoing Nigeria Finance Online…
Business Local Fuel Scarcity: Marketers Raise Ex-Depot Price To N163/Litre March 4, 2021 Ekemini Fuel retailers have accused private depots of being responsible for the shortage of Premium Motor Spirit (PMS) popularly called petrol across the country by increasing the ex-depot price of petrol…
Business Investing Technology World Apple-Supplier Foxconn Flags Strong Start To Year As Lockdowns Spur Electronics Demand March 4, 2021 Ekemini Apple supplier Foxconn said it expects first-quarter revenue to rise more than 15% from a year earlier, boosted by strong iPhone sales and robust demand for electronics during lockdowns worldwide…
Business Technology MTN Records 37.2 Million NIN Enrolment March 4, 2021 Ekemini MTN Nigeria said it has enrolled 37.2 million National Identification Numbers (NINs) for its subscribers in the ongoing exercise of linking the number with the Subscriber Identification Module (SIM) card.…
Africa Business The Pains Of Doing Business Online In Africa March 4, 2021 Ekemini With an estimated population of 1.216 billion people, you will agree with me that Africa is a great continent. But, you also have the right to disagree with me, here.…
Business Local Emefiele Rules Out Foreign Investors’ Exclusion From OMO March 4, 2021 Ekemini Foreign portfolio investors (FPIs) will not be barred from participating in the Open Market Operations (OMO) auctions, Central Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele, has said. Besides, the…
Business Local Nigeria Signs Fresh Five-Plug Bilateral Deal On Industrial Growth March 4, 2021 Ekemini Nigeria has signed a $1.4 billion memorandum of understanding (MoU) with Morocco to enhance its industrial capacity and boost the performance of the agriculture sector. The five-plug agreements constituting the…
Business World Deliveroo To Deliver $7 Billion Dual-Class London Listing March 4, 2021 Ekemini Deliveroo plans a London stock market listing that could value the British food delivery firm at around $7 billion and mark the biggest new share issue in Britain in three…
Business World Monde Nissin Seeks $1.3 Billion In Philippines’ Biggest Ipo March 4, 2021 Ekemini Philippine food maker Monde Nissin Corp. filed for an initial public offering to raise as much as 63 billion pesos ($1.3 billion) in what could be the nation’s biggest ever…
Features Local Opinion Federal Government Of Nigeria Denies Allocating Vaccines To Rich Nigerian March 4, 2021 Ekemini The Federal Government of Nigeria has insisted that the AstraZeneca/Oxford COVID-19 vaccines currently in the country have not been allotted to rich Nigerians.The Executive Director of the National Primary Health…
Business Local The Leadership Of Cattle And Foodstuff Dealers Under The Aegis Of Amalgamated Union Of Foodstuff And Cattle Dealers Of Nigeria (AUFCDN) Agreed To End The Blockade Of Supplies To The South. March 4, 2021 Ekemini The leadership of Cattle and Foodstuff dealers under the aegis of Amalgamated Union of Foodstuff and Cattle Dealers of Nigeria (AUFCDN) has agreed to end the blockade of supplies to…
World World’s Biggest Wealth Fund Puts Japan’s Kirin On Watch List Over Myanmar Link March 4, 2021 Ekemini The Norwegian central bank said on Wednesday it had put Japan’s Kirin Holdings Ltd Co on a watch list for possible exclusion from its $1.3 trillion sovereign wealth fund over…
Opinion World Lufthansa Weighs More Aircraft Retirements After Record Loss March 4, 2021 Ekemini Lufthansa may permanently ground more planes to emerge leaner from the coronavirus pandemic, the German airline group said on Thursday as it posted record losses for 2020. The group, which…
