SPW Participants Lament Non-Payment By Federal Government
Participants in the Federal Government’s Special Public Works programme have complained about the non-payment of their stipends three months after…
Year: 2021
Firm Drives Home Rentals With Artificial Intelligence
Digital Landlord Nigeria Limited said it has adopted the use of artificial intelligence to drive rentals of its short-let apartments.…
Electricity Generation Falls To 3,922MW, 11 Plants Idle
Electricity generation in the country fell below the 4,000 megawatts mark on Sunday as 11 plants were idle, even as…
MTN, Banks Meet Tuesday, customers Reconnected To USSD
MTN customers have been reconnected to banking channels after commercial banks had blocked them from using their channels, including the…
Prince Harry Arrives Back In The UK For Prince Philip Funeral
Prince Harry, whose explosive interview alongside his wife Meghan plunged the royal family into its biggest crisis in decades, has…
Mitsubishi Motors To Cut Output In Japan And Thailand Due To Chip Shortage
Mitsubishi Motors Corp will cut production by a combined 7,500 vehicles at three plants in Japan and Thailand in April,…
South Korean PM Arrives In Iran To Help Try To Revive Nuclear Deal
South Korean Prime Minister Chung Sye-kyun arrived in Iran on Sunday to help try to restore a 2015 nuclear deal…
Fed’s Powell: U.S. Economy At An ‘Inflection Point’ – CBS ’60 Minutes’
The U.S. economy is at an “inflection point” with expectations that growth and hiring will pick up speed in the…
HSBC And Huawei CFO Reach Agreement On Document Publication Linked To Extradition Case
HSBC and Huawei Technologies’ Chief Financial Officer Meng Wanzhou have reached an agreement in a dispute about the publication of…
Commodities Trader Trafigura Launches Carbon Trading Desk
Trafigura has begun launching a carbon trading desk led by Hannah Hauman, the global commodities trading firm said on Friday,…
Will Corporate Earnings Be Strong Enough To Justify The Record Stocks Rally?
The Dow and S&P 500 are at record highs thanks to Wall Street optimism about Covid-19 vaccines, federal government stimulus, a rebounding global economy and a…
Court Grants Permission To Serve Processes On ETI Abroad
The stage may have been set for a showdown between Ecobank Transnational Inc (ETI) and one of its former senior…
Federal Government Pledges To Implement Report On $1bn Abandoned Oil Facility
The federal government has received the report of the compensatory contracts and other incentives committee on the abandoned $1 billion…
Petrol, Used Vehicles, Motorcycles, Antibiotics, Nigeria’s Major Imports – NBS
Nigeria’s major export and import market in the fourth quarter of 2020 were India, Spain, the Netherlands, United States and…
CAC Sets Three-Hour Circle For Company Registration
The Corporate Affairs Commission on Sunday stated that following the successful deployment of an end-to-end registration module, it was now…
Ogun Farmers Eager For Our Fertiliser Rollout – Dangote
Farmers in Ogun State are eagerly awaiting the commencement of operations of the Dangote fertiliser plant, which is expected to…
Rising Debt: DMO Blames COVID-19, Experts Say Borrowing From Central Bank Nigeria Dangerous
Nigeria’s debt profile has been on the increase because of the impact of revenue crash and the crises trailing the…
Senate Queries FMBN N3bn Contract, Summons Ex-MD
The Senate Public Accounts Committee has summoned a former managing director of the Federal Mortgage Bank of Nigeria, Mallam Gimba…
Nigerian Stocks Fall Further, Investors Lose N30bn
The Nigerian stock market fell further last week as the market value of equities fell by N30bn. The Nigerian Stock…
GTBank Shareholders Endorse N3.00 Total Dividend For 2020, Applaud Agbaje’s Leadership
Shareholders of Guaranty Trust Bank (GTBank) Plc, at the weekend unanimously endorsed the payment of a total dividend of N3.00…
Shares In SK Innovation Surge After Settlement With Rival Brightens U.S. Prospects
Shares in South Korean auto battery maker SK Innovation Co Ltd soared on Monday after it buried the hatchet with…
Big U.S. Treasury Auctions Could Restart Rise In Yields
U.S. Treasury auctions offering $271 billion of new debt and a key inflation report this week could end a recent…
China’s Exports, Imports Seen Staying Buoyant In March
Improved global demand and a favorable base effect are likely to have kept China’s exports buoyant in March, while higher…
Dollar Pinned Down By Lower U.S. Yields; Inflation Data In Focus
The dollar languished near 2-1/2-week lows against major peers on Monday as a decline in Treasury yields restrained the U.S.…
Chinese Tech Start-Ups Pull IPO Plans As Beijing Tightens Scrutiny
A growing number of Chinese tech start-ups are cancelling plans to list on Nasdaq-style markets at home with some eyeing…
Alibaba Says Does Not Expect Material Impact From Antitrust Fine, Shares Rally
China’s Alibaba does not expect any material impact from changes to its exclusivity arrangements with merchants, CEO Daniel Zhang said…
Asia Shares Anxious For Earnings Season, U.S. Data Deluge
Asian shares faltered on Monday as anxious investors wait to see if U.S. earnings can justify sky-high valuations, while a…
Grammy-Nominated Rapper DMX dead At Age 50
DMX has died after suffering a heart attack at his home on April 2 that left him in a coma…
Sterling Falls, Set For Biggest Weekly Loss Since 2020
Sterling fell on Friday, touching a two-month low against the dollar in early London trading, and was set for its…
Digital Pound Would Boost Post-Brexit City Of London, Think-Tank Says
A digital pound must be at the heart of Britain’s efforts to strengthen the City of London’s global attraction as…