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Day: October 14, 2021

ABCON Seeks Measures To Curb Naira Depreciation
BusinessLocal

ABCON Seeks Measures To Curb Naira Depreciation

The Association of Bureaux De Change Operators of Nigeria (ABCON) has advocated measures to curb the continued depreciation of the…

byEkeminiOctober 14, 2021October 14, 2021
Facebook To Train Next-Generation Artificial Intelligence Model
TechnologyWorld

Facebook To Train Next-Generation Artificial Intelligence Model

Facebook on Thursday announced a research project in which it collected 2,200 hours of first-person footage from around the world…

byakintundeOctober 14, 2021October 14, 2021
House Of Representative Expressed Concern Over High Rate Debt Servicing: 2022 Budget
BusinessLocal

House Of Representative Expressed Concern Over High Rate Debt Servicing: 2022 Budget

As the legislative debate on the 2022 budget, which was presented to the joint session of lawmakers by President Muhammadu…

byEkeminiOctober 14, 2021
Absa Africa’s Financial Index Ranked Nigeria As Third Attractive Destination For Foreign Investment
AfricaBusiness

Absa Africa’s Financial Index Ranked Nigeria As Third Attractive Destination For Foreign Investment

The Absa Africa Financial Markets Index 2021 (AAFMI) has ranked Nigeria as the third most attractive country in Africa for…

byEkeminiOctober 14, 2021
CBN Revises Regulations, To Sanction BVN Violators
BusinessLocal

CBN Revises Regulations, To Sanction BVN Violators

The Central Bank of Nigeria (CBN) has revised its regulatory framework for Bank Verification Number (BVN) operations noting that violators…

byEkeminiOctober 14, 2021October 15, 2021
Oil Drops On Worries Inflation May Dent Fuel Demand Growth
BusinessLocalMarket

Oil Drops On Worries Inflation May Dent Fuel Demand Growth

Oil prices dropped on Wednesday, after a mixed finish in the previous session, amid worries that soaring coal and natural…

byEkeminiOctober 14, 2021October 15, 2021
Nigeria Crude Oil Production Is 360,000 bpd Lower Than OPEC Quota Despite The Slight Increase It Experienced
AfricaLocalMarketTradeWorld

Nigeria Crude Oil Production Is 360,000 bpd Lower Than OPEC Quota Despite The Slight Increase It Experienced

Nigeria saw its crude oil production increase slightly last month to about 1.25 million barrels per day, which is 360,000…

byakintundeOctober 14, 2021
Federal Government Of Nigeria Targets $150 Billion Foreign Reserve From Non-Oil Export
AfricaLocalMarketTradeWorld

Federal Government Of Nigeria Targets $150 Billion Foreign Reserve From Non-Oil Export

The Federal Government says its target is to add at least $150 billion to the nation’s foreign reserves cumulatively from…

byakintundeOctober 14, 2021October 14, 2021
Australian Shares Snapped Three Straight Sessions Of Losses
BusinessMarketTradeWorld

Australian Shares Snapped Three Straight Sessions Of Losses

Australian shares snapped three straight sessions of losses on Thursday, helped by tech stocks and a near 5% jump by…

byakintundeOctober 14, 2021
Federal Inland Revenue Services Generated Revenues Worth N4.2 Trillion In Nine Month
AfricaBusinessLocal

Federal Inland Revenue Services Generated Revenues Worth N4.2 Trillion In Nine Month

Muhammad Nami, executive chairman of the Federal Inland Revenue Services (FIRS), says the agency generated revenues worth N4.2 trillion in…

byakintundeOctober 14, 2021
Credit Card Reader “Sumup” Expand Across U.S By Acquiring  Marketing Start-Up “Fivestars”
BusinessTechnologyWorld

Credit Card Reader “Sumup” Expand Across U.S By Acquiring Marketing Start-Up “Fivestars”

SumUp, a U.K.-based payment processor, has acquired marketing start-up Fivestars in a bid to expand its reach across the U.S.…

byakintundeOctober 14, 2021

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