World World Bank Readies COVID-19 Vaccine Funds For Around 30 African Countries March 3, 2021 Ekemini The World Bank is preparing emergency financing to help about 30 African countries access COVID-19 vaccines, the global lender told Reuters, as the continent scrambles to secure doses and start…
Opinion Fall In UK Economic Activity Bottoms Out In February-PMI March 3, 2021 Ekemini British economic output stabilised in February after a sharp fall the month before, as many businesses continued to suffer from lockdown restrictions affecting hospitality and other face-to-face services, a closely…
Business Local Research Works On Cocoa, Livestock Already In Farms, Says ARCN March 3, 2021 Ekemini The Agricultural Research Council of Nigeria (ARCN), has said research works on cocoa and livestock in the various Agriculture Research Institutes have been put in use in farms. Executive Secretary…
Business Local Three Million Nigerians Lost N18bn To Ponzi Schemes – Securities And Exchange Commission March 3, 2021 Ekemini Over three million Nigerians have lost about N18bn through Ponzi schemes, the Securities and Exchange Commission stated on Tuesday. Director-General, SEC, Lamido Yuguda, said this during a webinar organised by…
Business World Sterling Eases To 2-1/2 Week Low Against Dollar March 3, 2021 Ekemini Sterling eased to its lowest level against the dollar in two and a half weeks on Tuesday, as the strengthening U.S. currency put a brake on gains that had taken…
Features Local N74Billion Recovered From Maina Was Used To Finance 2012 Budget – Witness March 3, 2021 Ekemini Ngozika Ihuoma, first defence witness (DW1), on Tuesday, told the Federal High Court, Abuja, that N74 billion recovered by defunct Pension Reformed Task Team (PRTT) was used by the Federal…
Business Investing Local We’re Treating Agriculture As Money Making Business — Federal Government Says March 3, 2021 Ekemini The Federal Government, Tuesday, assured that agriculture is being treated as moneymaking business and to create wealth for agribusiness players. The assurance was made in a keynote address delivered by…
Investing World Dollar On Defensive As Risk Sentiment Recovers Amid Retreat In U.S. Yields; Aussie Gains March 3, 2021 Ekemini The safe-haven U.S. dollar remained broadly weaker on Wednesday as Treasury yields retreated further, restoring some calm to global markets and reigniting demand for riskier assets. Commodity-linked currencies including the…
Business Investing Japan’s SMFG Likely To Halt All New Lending To Coal-Powered Plants, Sources Say March 3, 2021 Ekemini Japan’s Sumitomo Mitsui Financial Group is likely to halt all new financing to coal-fired power plants, including the most efficient ones, two sources said, reflecting growing pressure from investors and…
Investing World Pandemic-Era Investment Rules Pose Hurdles For Sovereign Funds, Report Says March 3, 2021 Ekemini Sovereign wealth funds will have to navigate growing regulatory scrutiny across some of their favoured areas for investment such as pharmaceuticals, infrastructure, technology and logistics, a new report said on…
Business Investing World Asian Stocks Perk Up On Economic Cheer As Treasuries Stabilise March 3, 2021 Ekemini Asian shares edged higher on Wednesday as investors shrugged off concerns that stocks may have rallied too far too fast in the past year, and focused instead on optimism that…
Opinion World Explosion Hits Dutch COVID-19 Testing Centre, No Injuries: Police March 3, 2021 Ekemini An explosion hit a coronavirus testing centre in a town north of Amsterdam shortly before it was to open on Wednesday, breaking windows but causing no injuries, Dutch police said.…
World Boeing Cites Risks In Design Of Newest Airbus Jet March 3, 2021 Ekemini Boeing Co has raised concerns over the design of arch-rival Airbus’ newest narrow-body jet, the A321XLR, saying a novel type of fuel tank could pose fire risks. The U.S. plane…
Local Technology National Information Technology Development Agency Seeks Review Of 2007 Act March 2, 2021 Ekemini The Director General of the National Information Technology Development Agency, Kashifu Abdullahi, has presented a proposal for the realignment of ‘NITDA Act 2007’ with the tenets and ideals of Digital…
Local Technology Nigerians Now Use 80,000 Terabytes Of Internet Monthly, Above SSA Average March 2, 2021 Ekemini Nigerians now consume 80,000 terabytes of internet data every month says Umar Garba Danbatta, executive vice-chairman of the Nigerian Communications Commission (NCC). The 80,000 terabytes (TB) amount to 800,000,000 Gigabytes…
Technology World Google, Researchers Launch Data Platform To Tackle COVID-19 March 2, 2021 Ekemini Google.org has joined hands with a consortium of COVID-19 researchers to launch Global.health, an open-access epidemiological data platform that enables experts to track disease spread in real-time and to forecast…
Business Technology World Twitter Vows To Boost User Ranks And Revenue March 2, 2021 Ekemini Twitter said Thursday it wants to swell its ranks of users, offer more features, and double revenue in the next two years. Twitter chief Jack Dorsey outlined the goals in…
Business Local Technology NIMC Warns Nigerians Against Fake NIN Verification Website March 2, 2021 Ekemini The National Identity Management Commission has issued a disclaimer against National Identification Number verification website, https://nin-5gb-offer.online. NIMC on Friday warned the general public that the website, which claimed to verify…
Business Local Petrol Scarcity, Ploy To Hike Price, Say Marketers March 2, 2021 Ekemini The queues by motorists for petrol grew worse in Abuja and neighbouring states of Nasarawa and Niger on Monday as only few filling stations dispensed the commodity. But despite the…
Business World World Bank Withdraws Funding For Fossil Fuel Projects March 2, 2021 Ekemini The Managing Director of the Nigerian Liquefied Natural Gas (NLNG) Limited, Mr. Tony Attah, has disclosed that the World Bank has hinted of plans to withdraw funding for all forms…
Business Local Oil Demand To Reach 100m Barrels A Day In Four Years – McKinsey March 2, 2021 Ekemini Oil demand is expected to take two to four years to return to 2019 levels, depending on the duration of lockdowns and the pace of GDP recovery, forecasts by McKinsey…
Business World Managing Risk Associated With Capital Market Investment March 2, 2021 Ekemini The capital market is, generally, regarded as a safe haven for investment. There, your money works for you. The market is a setting for income without stress. Smart and daring…
Local Opinion Seplat Posts N191bn Full Year Revenue, To Pay Final Dividend March 2, 2021 Ekemini Seplat Petroleum Development Company Plc, a Nigerian independent energy company listed on both the Nigerian Stock Exchange(NSE) and the London Stock Exchange(NSE), has recorded a revenue of $530.5 million (N190.9…
Business World Oil Price Rebounds To $66 Ahead Of OPEC Meeting March 2, 2021 Ekemini Oil price rose from its biggest slump since November 2020, ahead of a key meeting of the Organisation of Petroleum Exporting Countries (OPEC) that may see some supply returned to…
Business World 2m Urban Youths To Benefit From USAID $15m Project March 2, 2021 Ekemini The U.S. Agency for International Development (USAID) has launched a new activity designed to empower as many as two million young Nigerians with life skills and resources to realize their…
Business Investing World Abercrombie & Fitch Profit Beats On Lower Costs, Higher Holiday Pricing March 2, 2021 Ekemini Abercrombie & Fitch Co reported a better-than-expected quarterly profit on Tuesday and said it would resume share buybacks, as the apparel retailer cut costs and sold products at higher average…
Business World Brazil Monthly Producer Price Inflation 3.36% In January, Second Highest Since 2014 March 2, 2021 Ekemini The monthly rate of producer price inflation in Brazil kicked off this year at its second highest since comparable records began more than six years ago, statistics agency IBGE said…
Investing World Hertz Set To Ride Out Of Bankruptcy With $4.2 Billion From Investment Firms March 2, 2021 Ekemini Two investment firms will buy a majority stake in Hertz Global Holdings Inc for $4.2 billion under a restructuring plan expected to help it out of bankruptcy by early- to…
Business World US Trade Rep Nominee Says She will Fight ‘unfair’ Chinese Trade March 2, 2021 Ekemini President Joe Biden’s US nominee for trade representative, Katherine Tai, says she will work to fight a range of “unfair” Chinese trade and economic practices and seek to treat Chinese…
Business World China Is Sounding The Alarm About A Global Market Bubble March 2, 2021 Ekemini One of China’s most powerful financial officials is sounding the alarm over a bubble in global markets. Guo Shuqing, the Communist Party boss at the People’s Bank of China, told…
