Business Technology Federal Government Of Nigeria Begs States To Back Actualisation Of 70 Per Cent Broadband Penetration March 26, 2021 Ekemini Minister of Communications and Digital Economy, Dr. Isa Pantami, has appealed to state governments to cooperate with service providers in ensuring the realisation of the Federal Government’s 70 per cent…
Local Opinion Assembly Okays Sanwo-Olu’s N4.4bn Vehicle Purchase Request March 26, 2021 Ekemini The Lagos State House of Assembly has approved N4.4bn for the procurement of vehicles for official use by ministries, departments and agencies. According to a statement on Thursday, the fund…
Local Opinion Reps Summon Customs’ Auditors Over Non-Presentation Of Accounts March 26, 2021 Ekemini The House of Representatives’ Committee on Public Accounts on Thursday summoned the auditors engaged by the Nigeria Customs Service over the failure of the service to render its audited financial…
World Dominion Voting Systems Sues Fox News For $1.6 Billion Over Election Claims March 26, 2021 Ekemini Dominion Voting Systems Corp filed a $1.6 billion defamation lawsuit against Fox News, accusing the cable news network of falsely claiming the voting company rigged the 2020 presidential election in…
Business World Citi hires Goldman’s Chief Diversity Officer March 26, 2021 Ekemini Citi Group said on Friday that it hired Erika Irish Brown from rival Goldman Sachs Group Inc to lead its global diversity strategy, according to an announcement on the bank’s…
Business Local Afreximbank, NEXIM Sign $50m Fund MoU To Stimulate Local Industries March 26, 2021 Ekemini African Export-Import Bank (Afreximbank) and Nigeria Export-Import Bank (NEXIM) have entered into a Memorandum of Understanding (MoU) to establish a fund that will provide early project preparation financing and technical…
Business Local Building Stronger Post COVID-19 GDP Growth With Fiscal, Monetary Buffers March 26, 2021 Ekemini For most analysts, Nigerian economy’s sudden exit from recession in the fourth quarter (Q4) of 2020 came as a surprise, driven largely by growth in agriculture and telecommunications sectors. According…
Business Local At Last, FG To Increase Petrol Pump Price March 26, 2021 Ekemini After dillydallying, it is now official that the liability Nigerians fear most, fuel subsidy, is real and active after the Federal Government yesterday admitted paying as much as N120 billion…
Business Investing Local Bulls Maintain Dominance As Capitalisation Rises By N45 Billion March 26, 2021 Ekemini The bulls maintained dominance on the equity sector of the Nigerian Stock Exchange (NSE) as more blue-chip stocks appreciated, resulting in a gain in market capitalisation by N45 billion. The…
Business Local Nigeria’s Parliament Could Pass Oil Reform Bill In April -Minister March 26, 2021 Ekemini Nigeria’s parliament may pass the long-delayed Petroleum Industry Bill (PIB) in April, the country’s minister of state for petroleum said on Thursday. “The National Assembly has expressed the intent to…
Africa Business Investing Africa Prudential Plc Declares N1 Billion Dividend For Shareholders March 26, 2021 Ekemini Africa Prudential Plc— A digital Technology and Investor Services firm listed on the Nigerian Stock Exchange—held its Annual General Meeting on Thursday, March 25, 2021. The meeting was located at…
Business Local NNPC Yet To Remit N4.07 Trillion From 2015/2016 Crude Sales March 26, 2021 Ekemini A review of the 2015/2016 audited report of the Nigeria National Petroleum Corporation (NNPC) has revealed that the organisation may have failed to remit N4.07trillion revenue from domestic crude oil…
Local Nigeria May Pay More Than N200 Per Litre For Petrol In April, Says NNPC March 26, 2021 Ekemini Indications have emerged that Nigerians may likely pay more for petrol in April. This was disclosed Thursday by the Group General Manager (GMD) of the National Petroleum Corporation (NNPC), Mele…
Local Opinion Alleged Money Laundering: FG Tenders Before Court $1m Cash Allegedly Recovered From Former Chief of Air Staff, Umar Mohammed March 26, 2021 Ekemini The Federal Government on Thursday March 25 tendered before a Federal High Court in Abuja the sum of one million dollars allegedly recovered from the residence of a former Chief…
Business World Demand For German Goods Keeps Economy Humming Through Lockdown March 26, 2021 Ekemini German business morale hit its highest level in almost two years in March as rising demand for manufactured goods kept factories in Europe’s largest economy humming through rising coronavirus infections…
Banking Business World Bank Of England Urges Banks To Keep The Lending Taps Open March 26, 2021 Ekemini The Bank of England called on lenders on Friday to provide enough credit to companies to see them through the coronavirus crisis as the government closes its emergency lending guarantee…
Business Investing World U.S. Bail-Bond Insurers Spend Big To Keep Defendants Paying March 26, 2021 Ekemini Insurance companies have spent $17 million to defeat proposals to weaken or abolish the for-profit bail industry in the United States, a system that brings insurers $15 billion in business…
Business World Commodity Gains Push European Stocks To 1-Week High March 26, 2021 Ekemini European stocks rose on Friday, helped by gains in commodity-linked companies as investors balanced worries about surging coronavirus cases with the prospect of a strong U.S. economic recovery. The pan-European…
Business World China Potential Economic Output May Grow 5%-5.7% Over 5 Years: Central Bank Working Paper March 26, 2021 Ekemini China’s potential economic output is expected to grow 5%-5.7% over the next five years, according to a central bank working paper published late on Thursday. In China’s 2021-2025 economic plan…
Business Investing World Foreign Funds Have Billions At Stake In Turkish Market Volatility March 26, 2021 Ekemini Foreign funds have reported about $3.4 billion in Turkish stock and sovereign dollar bond holdings so far this year, much of which could be loss-making after the sudden firing of…
Technology World US Congress Piles Pressure On Big Tech CEOs Over Misinformation March 26, 2021 Ekemini Only Twitter Inc CEO Jack Dorsey replied “yes” to the question but said the “broader ecosystem” had to be taken into account. “It’s not just about the technology platforms we…
Opinion World Suez Canal Authorities Need To Remove Up To 706,000 Cubic Feet Of Sand To Free The Ever Given March 26, 2021 Ekemini Up to 20,000 cubic meters (706,000 cubic feet) of sand in the Suez Canal need to be removed to free the gigantic container ship that has been stuck there since…
Local Opinion UAE Waives Rapid Antigen Testing For Nigerians March 26, 2021 Ekemini As part of efforts to end the squabbles between Nigeria and United Arab Emirates (UAE), with regards flights between both countries, the latter is considering the removal of the requirements…
Business Local Opinion Apapa: MAN Fumes As Gridlock Threatens 2,000 Export Cargoes March 26, 2021 Ekemini The Manufacturers Association of Nigeria Export Group, the Federation of Agricultural Commodity Association of Nigeria, and other stakeholders have lamented the impact of the two-week suspension imposed on export cargo…
Investing World FIFA To Earn £3bn From Qatar 2022 March 26, 2021 Ekemini FIFA is set to generate £3bn from the World Cup in Qatar, while thousands of migrant workers have lost their lives in the Middle Eastern state since it was awarded…
Business World Total Nigeria Trains 2,181 Fuel Truck Drivers March 26, 2021 Ekemini Total Nigeria Plc says it has trained 2,181 drivers in the last four years against the backdrop of serious concerns about the state of trucks and drivers conveying petroleum products…
Business World Canada calling? Hong Kong Residents Shift Billions Abroad After Clampdown March 26, 2021 Ekemini As China imposed a sweeping national security law in Hong Kong last year after massive protests, residents of the city moved tens of billions of dollars across the globe to…
Banking Business Investing World Dollar Holds Advantage On Economic Optimism, Euro Looks Vulnerable March 26, 2021 Ekemini The dollar traded near multi-month highs against most major currencies on Friday, supported by a wave of optimism due to improving U.S. economic data, the rollout of coronavirus vaccines, and…
Business World Wrong For China To Sanction UK Individuals: British Minister March 26, 2021 Ekemini British housing minister Robert Jenrick said it was wrong for China to have sanctioned UK individuals and entities over what Beijing called “lies and disinformation” about Xinjiang. “I think it…
Business World Uber To Reopen San Francisco Offices With Limited Capacity Next Week March 26, 2021 Ekemini Uber Technologies Inc said on Thursday it plans to reopen its offices at Mission Bay, San Francisco, with 20% occupancy on March 29, and provide an option for its staff…
