Nigeria Will Receive 84 Million Doses Of AstraZeneca Vaccine This Year –Osinbajo
Vice-President Yemi Osinbajo on Tuesday said Nigeria would receive 84 million doses of Oxford AstraZeneca vaccine this year. Nigeria had…
Month: March 2021
Naira 4 Dollar: Nigerians In Diaspora Remit $40 Million In One Week
The Central Bank of Nigeria’s Naira4Dollar scheme may have attracted about $40 million in foreign remittances in one week, according…
Nigeria Obtains $1 Billion Loan To Support MSMEs— Minister
The facility has a long-term tenor, alongside moratorium benefits. The Bank of Industry (BoI), under the supervision of the Ministry of…
Massachusetts Court Reverses Order Requiring Facebook To Disclose App Records In Privacy Probe
The top court in Massachusetts on Wednesday reversed an order requiring Facebook Inc to turn over to state Attorney General…
Financials lift S&P 500, Dow; Powell, Yellen On Deck
The S&P 500 and the Dow rose on Wednesday as economy-linked financial and energy stocks gained amid another day of…
Court Orders Extension Of The Nigerian Identification Number (NIN) Registration By Two Months
Justice Maureen Onyetenu of the Federal High Court sitting in Lagos has ordered the extension of the deadline for National…
Suez Canal Blocked By Traffic Jam After Massive Container Ship Runs Aground
A large container ship remains stuck in Egypt’s Suez Canal, blocking other vessels from moving in both directions and sparking…
US Stocks Set For A Rebound
There has been a surge in air travel with this year’s spring break, but a recovery in flights by business travelers…
China May Just Have Doomed Its Trade Deal With Europe
China and the European Union rang in the new year by striking a major investment deal intended to strengthen their…
Futures Rise Ahead Of March Business Surveys; Intel Shines
U.S. stock index futures rose on Wednesday as Intel’s shares surged on plans to expand advanced chip making capacity, while…
Google Signs News Content Deals With Italian Publishers
Alphabet Inc’s Google has sealed its first licence agreements in Italy with several publishers to offer access to some of…
Taiwan To Ration Water For 1million People, Tech Hub Unaffected
Taiwan will from next month ration water for more than one million people in the centre of the island because…
Dangote Cement To Pay Over N97billion In Corporate Tax For 2020
Africa’s largest cement producer, Dangote Cement Plc has remained a major contributor to the economy with a tax charge of…
Nigeria: Federal Housing Authority Begins Payment Of 200 Contractors
The Federal Housing Authority on Tuesday said it had commenced the payment of contractors who had completed their jobs. Last…
We Disburse $80m Weekly For School Fees, BTAs – Emefiele
In view of the lingering foreign exchange scarcity in the country, the Central Bank of Nigeria has urged Nigerians not…
Airlines Must Pay All Charges Except Duty, VAT -NCS
The Nigeria Customs Service on Tuesday said airlines operating across the country including Air Peace must pay all other appropriate…
BUA Chairman Rabiu Launches $100m Annual Africa Fund
The Abdul Samad Rabiu Initiative has launched a $100m Annual Africa Fund for social development and renewal; $50m to Nigeria…
Federal Government Certifies 269 Soil Doctors, Agriculture Extension Workers
The Federal Government on Tuesday announced that it had issued certificates to 269 soil doctors and agriculture extension workers and…
Federal Government Justifies $100 Charges, Others Imposed On Nigerians In Diaspora
The Federal Government has said charges and levies imposed on Nigerians in diaspora at the foreign missions are due to…
Federal Govt Of Nigeria Okays N1.134tr For 12 Roads
The Federal Government on Tuesday said it has voted N1,134,690,048,000.76 as the initial capital for the construction of 12 roads.…
Report Banks Hoarding Forex – Central Bank Of Nigeria Tells Nigerians
In view of the lingering foreign exchange scarcity in the country, the Central Bank of Nigeria has urged Nigerians not…
Euro Zone Economy Back To Growth In March As Factories Roar: PMI
Euro zone economic activity made a surprise return to growth this month as factories ramped up production to its fastest…
TSMC Shares Slide, As Taiwan Plays Down Intel’s $20 Billion Expansion Challenge
Taiwan Semiconductor Manufacturing Co Ltd (TSMC) shares fell nearly 4% on Wednesday after Intel Corp announced a $20 billion plan…
Tencent’s Quarterly Profit Jumps 175%, Above Forecast
Chinese gaming and social media giant Tencent Holdings Ltd on Wednesday reported a forecast-beating 175% rise in quarterly profit. The…
UAE Finance Minister And Dubai Deputy Ruler Sheikh Hamdan Dies
Sheikh Hamdan bin Rashid Al Maktoum, Dubai’s deputy ruler and the United Arab Emirates’ long-serving finance minister, has died, Dubai’s…
China’s Didi Leans Towards New York Over Hong Kong For IPO, Eyeing At Least $100 Billion Valuation
China’s top ride-hailing firm Didi Chuxing is leaning toward picking New York over Hong Kong for its initial public offering…
Locked-Down Europe -Cash To Spend, Nowhere To Spend It
Only a few weeks ago, many European countries were hoping their more affluent citizens would by now have started spending…
Musk Says ‘Can Now Buy A Tesla With Bitcoin’
Tesla Inc’s Elon Musk tweeted here on Wednesday, “you can now buy a Tesla with bitcoin.” -Reuters
UK Inflation Unexpectedly Falls in February
British consumer price inflation fell to 0.4% in February from 0.7% in January, reflecting unusual patterns of clothing discounts, official…
Asian Shares Hit Two-Week Lows, Dollar Gains As Investors Scurry For Cover
Asian shares skidded to a two-week trough on Wednesday and the dollar neared four-month highs as coronavirus lockdowns in Europe…