Federal Government Of Nigeria Begs States To Back Actualisation Of 70 Per Cent Broadband Penetration
Minister of Communications and Digital Economy, Dr. Isa Pantami, has appealed to state governments to cooperate with service providers in…
Month: March 2021
Assembly Okays Sanwo-Olu’s N4.4bn Vehicle Purchase Request
The Lagos State House of Assembly has approved N4.4bn for the procurement of vehicles for official use by ministries, departments…
Reps Summon Customs’ Auditors Over Non-Presentation Of Accounts
The House of Representatives’ Committee on Public Accounts on Thursday summoned the auditors engaged by the Nigeria Customs Service over…
Dominion Voting Systems Sues Fox News For $1.6 Billion Over Election Claims
Dominion Voting Systems Corp filed a $1.6 billion defamation lawsuit against Fox News, accusing the cable news network of falsely…
Citi hires Goldman’s Chief Diversity Officer
Citi Group said on Friday that it hired Erika Irish Brown from rival Goldman Sachs Group Inc to lead its…
Afreximbank, NEXIM Sign $50m Fund MoU To Stimulate Local Industries
African Export-Import Bank (Afreximbank) and Nigeria Export-Import Bank (NEXIM) have entered into a Memorandum of Understanding (MoU) to establish a…
Building Stronger Post COVID-19 GDP Growth With Fiscal, Monetary Buffers
For most analysts, Nigerian economy’s sudden exit from recession in the fourth quarter (Q4) of 2020 came as a surprise, driven…
At Last, FG To Increase Petrol Pump Price
After dillydallying, it is now official that the liability Nigerians fear most, fuel subsidy, is real and active after the…
Bulls Maintain Dominance As Capitalisation Rises By N45 Billion
The bulls maintained dominance on the equity sector of the Nigerian Stock Exchange (NSE) as more blue-chip stocks appreciated, resulting…
Nigeria’s Parliament Could Pass Oil Reform Bill In April -Minister
Nigeria’s parliament may pass the long-delayed Petroleum Industry Bill (PIB) in April, the country’s minister of state for petroleum said…
Africa Prudential Plc Declares N1 Billion Dividend For Shareholders
Africa Prudential Plc— A digital Technology and Investor Services firm listed on the Nigerian Stock Exchange—held its Annual General Meeting…
NNPC Yet To Remit N4.07 Trillion From 2015/2016 Crude Sales
A review of the 2015/2016 audited report of the Nigeria National Petroleum Corporation (NNPC) has revealed that the organisation may…
Nigeria May Pay More Than N200 Per Litre For Petrol In April, Says NNPC
Indications have emerged that Nigerians may likely pay more for petrol in April. This was disclosed Thursday by the Group…
Alleged Money Laundering: FG Tenders Before Court $1m Cash Allegedly Recovered From Former Chief of Air Staff, Umar Mohammed
The Federal Government on Thursday March 25 tendered before a Federal High Court in Abuja the sum of one million dollars…
Demand For German Goods Keeps Economy Humming Through Lockdown
German business morale hit its highest level in almost two years in March as rising demand for manufactured goods kept…
Bank Of England Urges Banks To Keep The Lending Taps Open
The Bank of England called on lenders on Friday to provide enough credit to companies to see them through the…
U.S. Bail-Bond Insurers Spend Big To Keep Defendants Paying
Insurance companies have spent $17 million to defeat proposals to weaken or abolish the for-profit bail industry in the United…
Commodity Gains Push European Stocks To 1-Week High
European stocks rose on Friday, helped by gains in commodity-linked companies as investors balanced worries about surging coronavirus cases with…
China Potential Economic Output May Grow 5%-5.7% Over 5 Years: Central Bank Working Paper
China’s potential economic output is expected to grow 5%-5.7% over the next five years, according to a central bank working…
Foreign Funds Have Billions At Stake In Turkish Market Volatility
Foreign funds have reported about $3.4 billion in Turkish stock and sovereign dollar bond holdings so far this year, much…
US Congress Piles Pressure On Big Tech CEOs Over Misinformation
Only Twitter Inc CEO Jack Dorsey replied “yes” to the question but said the “broader ecosystem” had to be taken…
Suez Canal Authorities Need To Remove Up To 706,000 Cubic Feet Of Sand To Free The Ever Given
Up to 20,000 cubic meters (706,000 cubic feet) of sand in the Suez Canal need to be removed to free…
UAE Waives Rapid Antigen Testing For Nigerians
As part of efforts to end the squabbles between Nigeria and United Arab Emirates (UAE), with regards flights between both…
Apapa: MAN Fumes As Gridlock Threatens 2,000 Export Cargoes
The Manufacturers Association of Nigeria Export Group, the Federation of Agricultural Commodity Association of Nigeria, and other stakeholders have lamented…
FIFA To Earn £3bn From Qatar 2022
FIFA is set to generate £3bn from the World Cup in Qatar, while thousands of migrant workers have lost their…
Total Nigeria Trains 2,181 Fuel Truck Drivers
Total Nigeria Plc says it has trained 2,181 drivers in the last four years against the backdrop of serious concerns…
Canada calling? Hong Kong Residents Shift Billions Abroad After Clampdown
As China imposed a sweeping national security law in Hong Kong last year after massive protests, residents of the city…
Dollar Holds Advantage On Economic Optimism, Euro Looks Vulnerable
The dollar traded near multi-month highs against most major currencies on Friday, supported by a wave of optimism due to…
Wrong For China To Sanction UK Individuals: British Minister
British housing minister Robert Jenrick said it was wrong for China to have sanctioned UK individuals and entities over what…
Uber To Reopen San Francisco Offices With Limited Capacity Next Week
Uber Technologies Inc said on Thursday it plans to reopen its offices at Mission Bay, San Francisco, with 20% occupancy…