SEC Warns Against Proliferation Of Unregistered Investment Platforms
The Securities and Exchange Commission (SEC) has warned the investing public to be wary of the proliferation of unregistered online…
Day: April 8, 2021
Nigeria Generated $150m From Coconut Oil In 2020 – Minister
The Minister of Agriculture and Rural Development, Sabo Nanono, on Wednesday in Benin disclosed that Nigeria generated $150m from the…
World Bank Warns Against ‘High’ Global Tax Minimum
The head of the World Bank has warned world leaders against setting a global minimum tax rate for companies that…
CBN Freezes 11 Bank Accounts
The Central Bank of Nigeria on Wednesday said it got an order from the Federal High Court, Abuja division, to…
Yuan Erases Year’s Gains Against Dollar As PBOC Steps Aside
People’s Bank of China in Beijing. The central bank vowed to increase currency flexibility. Photographer: Qilai Shen/Bloomberg , Bloomberg (Bloomberg)…
Govts, Organisations Urged to Increase Opportunities for Women
Governments at all levels as well as operators of private organisations have been advised to increase both leadership and economic…
CIBC CEO Calls For Policies To Boost Housing Supply As Prices Surge
Canadian Imperial Bank of Commerce Chief Executive Victor Dodig urged policymakers to focus on measures to boost the supply of…
A Basic Knowledge Of The Nigerian Stock Exchange Demutualisation
The recent news of the demutualisationof the Nigerian Stock Exchange flooded the markets with great excitement following its long anticipation.…
Sumeru Equity Leads $100 Million Funding In Canada-Based Tasktop
Tasktop Technologies Inc said on Thursday it had raised $100 million in a funding round led by technology-focused private equity…
UAC Records N7.1Bn Capital Returns To Shareholders
UAC Plc has recorded capital returns of N7.1 billion for its shareholders in the audited financial year ended December 31,…
NSE Resumes From Easter Holidays With N78bn Loss
The Nigerian stock market resumed after the Easter public holidays on Tuesday with a loss of 0.39 per cent due…
Microfinance Banks Seek Extension Of Recapitalisation Deadline
Microfinance banks in Nigeria will not be able to meet up with recapitalisation requirement of the Central Bank of Nigeria, within…
Nasdaq Futures Gain 1% Ahead Of Weekly Jobless Claims Data
Futures tracking the Nasdaq jumped about 1% on Thursday, as tech-related stocks climbed ahead of weekly jobless claims data, while…
China’s Capital Envisages 10,000 Fuel Cell Vehicles By 2025
The city of Beijing aims to have over 10,000 fuel cell vehicles on the road and build 74 hydrogen filling…
Europe Should Invest In Chip Design, Not A Mega-Fab: Think Tank
Europe’s ambition to make the most powerful computer chips risks wasting billions of euros, a German think tank said in…
Dollar Trades Near Two-Week Low As U.S. Yields Fall
The U.S. dollar traded near its lowest in more than two weeks versus major peers on Thursday, tracking Treasury yields…
Cut The Debt Of Poor Countries, Pope Tells IMF, World Bank
Pope Francis has told world financial chiefs that poor countries hit by the economic impact of the coronavirus need to…
World Leaders Are Making Progress On A Huge Global Tax Overhaul
For years, world leaders have been trying to launch a historic overhaul of global tax rules, aiming to tackle an unwieldy system…
Kano NLC Suspends Proposed Strike, Accepts N18,000 Minimum Wage
Nigeria Labour Congress (NLC) has suspended its proposed industrial action after accepting the Kano State Government’s decision to revert salaries…
Where Tech And Tradition Meet For Smart Investing
The physical restrictions of the coronavirus pandemic have hammered home to us all just how much we need digital services…
Jaiz Bank’s Profit Rises By 45%
Jaiz Bank Plc, a non-interest bank in Nigeria, said its profit before tax rose by 45.31 per cent to N3.07bn…
London Stock Exchange Investigating Refinitiv Data Outage
The London Stock Exchange Group said on Thursday it was investigating a lengthy outage at its newly-acquired Refinitiv market data…
China EV Battery Maker Octillion Looks To Cash In On Carbon Neutral Drive
China’s push towards carbon neutrality as well as its growing manufacturing might will allow electric vehicles (EV) to compete equally…
Value Of Naira Against Dollar Worsens At I&E
The Naira extended its depreciation against the US Dollar at the Investors and Exporters (I&E) window of the foreign exchange…
Dangote Launches Drivers’ Training Centre To Curtail Crashes
As part of measures to curb road traffic crashes (RTC), the Dangote Cement Plc has launched a drivers’ training centre…
Brexit Weighs On French Exports To Britain In February – Customs Office
French exports to Britain picked up 4% in February but were still at only 84% of the monthly average of…
Sujimoto Plans 80 Projects Worth $10bn By 2030
The Managing Director/Chief Executive Officer of Sujimoto Group, Sijibomi Ogundele, has disclosed his company’s plans to complete 80 malls, hotels…
Pensioners May Picket Airports Over Payment Disparity
The Nigerian Union of Pensioners, Federal Airports Authority of Nigeria branch, has concluded plans to embark on a nationwide protest…
Nigeria Generated $150m From Coconut Oil In 2020 – Minister
The Minister of Agriculture and Rural Development, Sabo Nanono, on Wednesday in Benin disclosed that Nigeria generated $150m from the…
World Bank To Address Nigeria, Poor Countries’ Debt Overhang
The President, World Bank Group, Mr David Malpass, said the group is working actively in collaboration with the International Monetary…