Opinion World ‘Freedom, Justice’: Why Hong Kong People Are Moving To The UK March 1, 2021 Ekemini After spending half his life building his career as an art director at a Hong Kong magazine, Edmond Kwok never thought he would have to start over in England toiling…
Business World Wall Street Is Kicking Out Yet Another Big Chinese Company March 1, 2021 Ekemini A major Chinese oil company that has traded on Wall Street for decades has become the latest casualty of tensions between Washington and Beijing. The New York Stock Exchange announced…
Local Golfers Wore Red And Black In Honor Of Tiger Woods During Sunday’s Play March 1, 2021 Ekemini Golfers wore red shirts and black pants during the WGC-Workday Championship on Sunday in honor of golf legend Tiger Woods, who is hospitalized after a serious car accident last week.…
Business Investing Local Startimes Faces Winding Up Order Over $11 Million Debt March 1, 2021 Ekemini StarTimes, the Chinese-owned Pay-TV operator with tentacles across Africa, is at “serious risk” of receiving a court-mandated “winding-up” order over US $11million debt. Reports say StarTimes Media “repeatedly failed to…
Local Opinion President Buhari Orders Federal Inland Revenue Service To Remit Levy To NASENI March 1, 2021 Ekemini The Federal Government has taken a bold step to boost science and engineering infrastructure development.It has invoked the section of the Act establishing the National Agency for Science and Engineering…
Business Investing World Asian Equities Face Outflows In February Due To Rise In U.S. Bond Yields March 1, 2021 Ekemini Foreigners were net sellers of Asian equities for a second consecutive month in February, hit by a jump in U.S. Treasury yields, which prompted investors to book profits in regional…
Business World Saudi Plans To Order 70 Airbus, Boeing Jets: Report March 1, 2021 Ekemini State-owned Saudi Arabian Airlines (Saudia) plans to order 70 airliners from Airbus and Boeing, Saudi news outlet Maaal reported on Monday, citing unidentified sources. Saudia is in talks with local…
Business World Banks In EU To Publish World’s First ‘Green’ Yardstick From Next Year March 1, 2021 Ekemini Banks in the European Union would have to publish a groundbreaking “green asset ratio” (GAR) as a core measure of their climate-friendly business activities from next year, the EU’s banking…
Business Technology World China Studies Boeing 737 MAX Recertification, Wants Safety Concerns Fully Addressed March 1, 2021 Ekemini China’s aviation regulator said on Monday that its major safety concerns with the Boeing Co 737 MAX have to be “properly addressed” before conducting flight tests, but it is studying…
Business World SoftBank’s Internet Business To Invest $4.7 Billion In Tech Over Five Years… March 1, 2021 Ekemini SoftBank’s internet subsidiary Z Holdings on Monday outlined plans to invest 500 billion yen ($4.7 billion) in technology over five years with a focus on artificial intelligence. The announcement follows…
Features Investing World How A 10-Second Video Clip Sold For $6.6 Million March 1, 2021 Ekemini In October 2020, Miami-based art collector Pablo Rodriguez-Fraile spent almost $67,000 on a 10-second video artwork that he could have watched for free online. Last week, he sold it for…
Business Investing World Texas Electricity Firm Files For Bankruptcy Citing $1.8 Billion In Claims From Grid Operator March 1, 2021 Ekemini Texas’s largest and oldest electric power cooperative on Monday filed for bankruptcy protection in federal court in Houston, citing a disputed $1.8 billion bill from the state’s grid operator. Brazos…
Business Local Nigerian Central Bank Governor Suggests Naira Has Been Devalued March 1, 2021 Ekemini Nigeria’s central bank governor suggested the nation’s currency has been devalued. Addressing bankers at a summit on the economy in Lagos on Friday, Governor Godwin Emefiele said the official exchange…
Opinion World Biden Urges Workers To ‘Make Your Voice Heard’ As Amazon Employees Vote On Union March 1, 2021 Ekemini President Joe Biden defended workers’ rights to form unions and warned against intimidation of workers in a video posted on Twitter on Sunday night, as Amazon.com Inc employees in Alabama…
Business Local OPEC+ Faces Calls To Cool Oil Market Frenzy With Extra Barrels March 1, 2021 Ekemini From trading houses in Geneva to Wall Street banks, much of the oil world agrees that global markets could use some more barrels. The big question is whether OPEC+ will…
Business World Cryptocurrencies: Why Nigeria Is A Global Leader In Bitcoin Trade March 1, 2021 Ekemini More cryptocurrency trading goes on in Nigeria than almost anywhere else in the world, reflecting a loss of faith in more traditional forms of investment, as Ijeoma Ndukwe reports. Tola…
Business Macau’s Gambling Revenue Surges 135.6% In February March 1, 2021 Ekemini Gambling revenue in Macau surged 135.6% in February year-on-year even as the world’s biggest casino hub struggled to boost visitors from its key market of mainland China as authorities there…
Africa Business Oil Majors’ Green Energy Pivot Hammers Africa’s Largest Economies March 1, 2021 Ekemini The decline of Angola, from being Africa’s top crude producer five years ago to barely pumping more than war-torn Libya today, shows the heavy toll of a slump in oil-industry…
Business Technology World Tech Demand Drives Asia’s Factory Revival, China’s Slowdown Puts Dampener March 1, 2021 Ekemini Solid demand for technology goods drove extended growth in Asia’s factories in February, but a slowdown in China underscored the challenges facing the region as it seeks a sustainable recovery…
Business World Heathrow Imposes Passenger Charges To Cover Covid-19 Costs March 1, 2021 Ekemini London’s Heathrow airport will charge departing passengers an extra £8.90 (S$16.50) in an effort to claw back costs as the coronavirus crisis depresses air travel. The tariff is permitted by…
Business Technology World Japanese Companies Go High-Tech In The Battle Against Food Waste March 1, 2021 Ekemini Japanese companies are ramping up the use of artificial intelligence and other advanced technology to reduce waste and cut costs in the pandemic, and looking to score some sustainability points…
Business Local 2021 Is Our Year Of Active Recovery – Emefiele, CBN Governor March 1, 2021 Ekemini Central Bank of Nigeria (CBN) Governor, Godwin Emefield, CON, says 2021 is expected t be a yer of active recovery for the global economy and Nigeria must not be left…
Business Local Federal Goverenment To Sell Crude In Naira To Dangote Refinery To Strengthen Naira March 1, 2021 Ekemini The Federal Government has concluded plans to sell crude oil to Dangote Refinery in Naira. This is part of measures adopted to strengthen the currency and by extension the nation’s…
Investing World Risk Currencies Recover From Friday Carnage As Bonds Regain Composure March 1, 2021 Ekemini The Australian dollar and other riskier currencies rebounded against the U.S. dollar on Monday, as a sell-off last week in global bonds on worries about eventual monetary policy tightening appeared…
Business Local Recession Exit: Test Of Resilience Of Nigeria’s Economy March 1, 2021 Ekemini Nigeria is a country with prodigious capacity for spinning surprises, even where all hopes seem to have been lost. Though not without some challenges, it is a pleasant surprise to…
Business World A Digital Dollar Would Help The U.S. And Its Allies Keep China In Check March 1, 2021 Ekemini Chinese officials have made no secret that their greatly accelerated efforts at introducing and distributing the digital yuan are an opening move in their long-term strategy to undermine the dollar’s…
Business Local Emefiele: Inflation Pushed Dangote Refinery Project Cost To $15bn March 1, 2021 Ekemini The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele yesterday disclosed that inflation had pushed the cost of building Dangote Refinery and Petrochemical Plant and other projects…
Business Local How Banking Consolidation Made ‘Rich, Mighty Nigerians’ – Soludo March 1, 2021 Ekemini The former governor of the Central Bank of Nigeria, CBN, Professor Charles Soludo, has said that but for the banking consolidation he supervised, there would be no mega-businesses and the…
World From U.S. Domination To Energy Transition, Two Years That Changed Oil March 1, 2021 Ekemini Former U.S. Secretary of State Mike Pompeo took the stage at the world’s largest energy conference in 2019 to declare an age of U.S. dominance after a decade of rapid…
