Local Opinion Technology Nigeria Records Highest Power Transmission Of 5,615.40MW March 2, 2021 Ekemini The Transmission Company of Nigeria (TCN) says the power sector has recorded an all-time national peak of 5,615.40MW. A statement issued on Tuesday in Lagos by Ms Ndidi Mbah, General…
Breaking Local Covid Vaccines Lands In Nigeria March 2, 2021 Ekemini The much awaited COVID-19 vaccine has landed in Nigeria. The vaccine was brought into the country via Emirates flight B 777-300 which touched down at the Nnamdi Azikiwe International Airport,…
Local Opinion $11m Debt: We’re Under No Winding-Up Order, Says StarTimes March 2, 2021 Ekemini A Chinese electronics and media company, StarTimes, says it is not subject to any winding-up court order, following a petition filed in a Hong Kong court against the company by…
Business Local Stock Market Begins March With N70Bn Gain March 2, 2021 Ekemini The nation’s stock market started the month on a positive note on the back of price appreciation recorded by UAC of Nigeria Plc and 11 other firms on Monday. Investors…
Business Investing World Imperial Acquires SA E-commerce Startup ParcelNinja March 2, 2021 Ekemini Logistics company Imperial recently announced that it has acquired 60% of ParcelNinja. The deal took effect on 1 February. The e-commerce business offers outsourced warehousing and business to South African…
Investing Opinion Forex Trading As A Pyramid Scheme – A New Fad March 2, 2021 Ekemini There is an ongoing forex craze fueled by multi-level marketing schemes with the promise to earn you passive income on the side and even crazier, financial freedom. You need to…
Business Local Local Currency Gains N1.05 As Turnover Drops At I&E March 2, 2021 Ekemini The Naira opened the month of March stronger, recording a N1.05 or 0.26 per cent gain against the Dollar at the Investors and Exporters (I&E) window on Monday to close…
Business World Dollar Clings To Three-Weeks High As Yields Steady March 2, 2021 Ekemini The dollar held on to three-weeks highs against major currencies on Monday as U.S. and euro zone bond yields steadied, after a fixed-income selloff in February that lifted demand for…
Investing Tips World Forex Trading: A Beginner’s Guide March 2, 2021 Ekemini Forex is a portmanteau of foreign currency and exchange. Foreign exchange is the process of changing one currency into another currency for a variety of reasons, usually for commerce, trading,…
Business World German Retail Sales Tumble In January As Lockdown Bites March 2, 2021 Ekemini German retail sales tumbled more than expected in January as the COVID-19 lockdown and the withdrawal of a temporary cut in sales tax hit consumer spending in Europe’s largest economy,…
Business Local Central Bank Of Nigeria To Increase Agric Loans By 6% March 2, 2021 Ekemini The Central Bank of Nigeria (CBN) said it will increase banking sector credit to the agriculture sector to 10 per cent from the current four per cent, indicating a six…
Business World Palm Oil In Focus As Swiss Vote On Trade Pact With Indonesia March 2, 2021 Ekemini Swiss voters will decide on a free trade agreement (FTA) with Indonesia on Sunday, with lower tariffs on palm oil imports the main issue in what the polls predict will…
Business World Ebay, Adevinta To Divest Smaller British Units To Salvage $9.2 Billion Tie-Up March 2, 2021 Ekemini Norway’s Adevinta and U.S. e-commerce group eBay aim to sell three smaller British units in order to obtain regulatory approval for a long-planned tie-up of their global classified ads businesses,…
Business Investing Local Few Safe Havens As Equities Lose N1.36tr In February March 2, 2021 Ekemini Nigerian equities sunk into the red in February with sustained losses in four consecutive weeks eroding early gains and building up losses in most portfolios. Deputy Group Business Editor, Taofik…
Banking Business Investing World European Central Bank Has Flexibility To Counter Undesired Yield Rise: De Guindos March 2, 2021 Ekemini The European Central Bank has the flexibility to counter any undesired rise in bond yields, the bank’s vice president told a Portuguese newspaper after several policymakers called on the bank…
Business Investing World Walmart’s Flipkart Expands Grocery Sales To More Indian Cities March 2, 2021 Ekemini Walmart-owned Flipkart will sell groceries online in more Indian cities, as it seeks to compete better with Amazon and Reliance in an e-commerce market that has grown rapidly during the…
Technology World Betting On Death Of Petrol Cars, Volvo To Go All Electric By 2030 March 2, 2021 Ekemini Volvo’s entire car lineup will be fully electric by 2030, the Chinese-owned company said on Tuesday, joining a growing number of carmakers planning to phase out fossil-fuel engines by the…
Business World Asian Shares Fall Amid China’s Asset-Bubble Warning March 2, 2021 Ekemini Asia stocks dropped on Tuesday and European equity futures fell as a senior Chinese official expressed wariness about the risk of asset bubbles in foreign markets and a recent bond…
World China Aims To Vaccinate 40% Of Population By End-July: Senior Adviser March 2, 2021 Ekemini China aims to vaccinate 40% of its population against COVID-19 by the end of July, a senior health adviser told Reuters on Tuesday, requiring a significant increase in inoculations even…
Opinion World Mining Magnets: Arctic Island Finds Green Power Can Be A Curse March 2, 2021 Ekemini In the tenth century, Erik the Red, a Viking from Iceland, was so impressed with the vegetation on another Arctic island he had found he called it “the green land.”…
Features Technology World To Go Electric, America Needs More Mines. Can It Be Built? March 2, 2021 Ekemini Last September, in the arid hills of northern Nevada, a cluster of flowers found nowhere else on earth died mysteriously overnight. Conservationists were quick to suspect ioneer Ltd, an Australian…
Business Investing World Tyme Raises $110 Million To Grow Digital Bank For Underserved In South Africa, Asia March 1, 2021 Ekemini After raising $110 million in a Series B capital raise, Tyme plans to expand its digital bank for the underserved into Asia and Southeast Asia, starting with the Philippines. Tyme,…
Breaking Business Features World CDC Advisory Committee Recommends Johnson & Johnson Vaccine For People 18 And Older March 1, 2021 Ekemini The Centers for Disease Control and Prevention’s Advisory Committee on Immunization Practice voted on Sunday to recommend the Johnson & Johnson COVID-19 vaccine for persons 18 years of age and…
Business World Canada ‘Disturbed’ By Charges Against Hong Kong Democrats: Foreign Minister March 1, 2021 Ekemini Canada is ‘disturbed’ by charges brought against 47 Hong Kong democrats and activists for conspiracy to commit subversion, Foreign Minister Marc Garneau said on Monday, after a crackdown on the…
Africa Business Old Mutual Raises Its Stake In Namibia’s Renewable Energy Market March 1, 2021 Ekemini An infrastructure investment fund managed by Old Mutual Investment Group (Namibia) has acquired a majority stake in a 5MW solar photovoltaic plant at Rosh Pinah in the !Karas Region of…
Business Investing World Emerging Capital Partners Crosses The Threshold Of 5% Of SAH Lilas Capital March 1, 2021 Ekemini Emerging Capital Partners (ECP), a pan-African leader in private equity, announced on February 3, 2021 that it had crossed the threshold of 5% of the capital of the Tunisian group…
World Sarkozy Ex-French President Found Guilty Of Corruption, Jailed March 1, 2021 Ekemini Former French President Nicolas Sarkozy was found guilty of corruption by a Paris court on Monday. He was found guilty for offering to pull strings to help a magistrate land…
Business Local Food Blockade Of South By North Not In Nigeria’s Best Interest March 1, 2021 Ekemini No region in Nigeria is a self-sufficient archipelago. None is more fortunate in human and material assets than the other. Each region has its unique quality and contributes a consequential…
Investing Local Nigeria: FMDQ Exchange Admits Parthian Partners N20 Billion CP March 1, 2021 Ekemini The FMDQ Securities Exchange Limited has announced the registration of the Parthian Partners Limited ₦20.00 billion Commercial Paper (CP) Programme to its platform. The registration of this CP Programme strategically…
Business Investing Local Dangote Grooms Nigerian Engineers To Manage Refinery Complex On Completion March 1, 2021 Ekemini The Management of Dangote Oil Refinery is preparing young Nigerian graduates to take over the management of its 650,000 barrels per day single train refinery when it becomes operational in…