Business Oil Prices Drop Amid Faltering Demand Outlook In China Aug 16, 2021 0 Oil prices fell by about 1% on Monday, dropping for a third session, after official data showed that refining…
Business Firms With Untraceable Addresses Owe N17.69bn Tax In 2015 -FIRS Aug 16, 2021 0 The Federal Inland Revenue Service confirmed that companies with untraceable addresses evaded taxes to the tune of…
Business Is Shell Oil’s $110 Million Payment For Spill A Slap Or Remedy? Aug 16, 2021 0 Second, The consequence of oil spills and environmental damages are reflected in the wreckage and mangled…
Business Import Duties Evasion: MDAs, Others Under Fire Aug 16, 2021 0 Worried by the rising evasion of import duties and tariffs by some Ministries, Departments, and Agencies (MDAs) who…
Business Nigeria’s Buhari Signs Bill To Overhaul Oil Industry Into Law Aug 16, 2021 0 Nigerian President Muhammadu Buhari signed into law long-awaited legislation to overhaul the oil and gas industry…
Business Nigerian Stocks Hit 14-Week High Amid Investors’ Wild Scramble For Shares Of Flour… Aug 16, 2021 0 Nigerian stocks jumped 0.08 per cent on Friday, taking the benchmark index to 39,522.34 basis points, a height last…
Business Loss Of FDIs To Neighbours Worry Manufacturers As Challenges Linger Aug 16, 2021 0 As prevailing economic challenges undermine investments and disposable incomes, local manufacturers have expressed…
Business Sterling Slips As Global Markets Turn Cautious Aug 16, 2021 0 The British pound slipped in early trading on Monday, hurt by a fall in risk appetite globally, after economic data…
Business Nigeria Recorded $85.21bn Net Foreign Liabilities – IMF Aug 16, 2021 0 Nigeria’s foreign liabilities stood at $187.36bn while the country’s foreign assets amounted to $102.15bn as of…
Business Nigeria’s Inflation Rate Projected To Drop To Single Digit In 2022 – CBN Official Aug 16, 2021 0 The Central Bank of Nigeria has said that Nigeria’s inflation rate may drop to single digit in 2022. The apex…
Business Rewane – How Nigeria Can Attract More Foreign Direct Investments Aug 16, 2021 0 A member of the President's Economic Advisory Council and Managing Director, Financial Advisory Council, Mr.…
Business Foreign Reserves Resume Decline After Rising To $33.59bn Aug 16, 2021 0 The foreign exchange reserves in Nigeria have started declining again after rising to $33.59bn, the highest level…
Local Meet The Nigerian Artist Illustrating The Human Experience With A Ballpoint Pen Aug 16, 2021 0 From a distance, Jacqueline Suowari's larger-than-life portraits look like monochromatic photographs overlaid with…
Business In 5 Days, I&E FX Turnover Jumps 0.5% To $681m Aug 16, 2021 0 Last week, the total value of transactions recorded at the Investors and Exporters (I&E) window of the foreign…
Technology Investment In Data Centre To Hit $174bn By 2023 — Schneider Electric Aug 16, 2021 0 Schneider Electric, weekend, disclosed that investment in the data centre would hit $174 billion by 2023 following…
Technology 81% Of Women Entrepreneurs In Middle East, Africa Own Digital Businesses Aug 16, 2021 0 Despite the gender gap and social challenges, entrepreneurial women across the world and in the Middle East and…
Investing Investors Chart Roadmaps For Federal Government Of Nigeria To Improve Non-Oil… Aug 16, 2021 0 LAGOS – Investors in the nation’s economy have called on the Federal Government to consider reform for key non-oil…
Business Nigeria Recorded $85.21bn Net Foreign Liabilities – IMF Aug 16, 2021 0 Nigeria’s foreign liabilities stood at $187.36bn while the country’s foreign assets amounted to $102.15bn as of…
Business Conglomerate Income Taxes Rise By 273 Per Cent Year-On-Year Aug 16, 2021 0 Company income tax (CIT) realised in the second quarter (Q2) stood at N1.46 billion, up from N0.39 billion realised…
Market Securities Dealers To Discuss Market Recovery Strategies Aug 16, 2021 0 Securities dealers in Nigeria have concluded arrangements to review strategies to reactivate the nation’s economic…
Market Stock Market Investors Gain N371bn In One Week Aug 16, 2021 0 THE equities listed on the Nigerian Exchange Limited saw its their market capitalisation rise by N370.75bn last…
Business Dollar Holds Firm Near 4-Month High, Retains Weekly Gains On Fed Bets Aug 13, 2021 0 The dollar held firm on Friday, staying near its highest level in four months against a basket of currencies as…
Business APMDC Counters Shippers’ Council Over Claims Of Arbitrary Charges Aug 13, 2021 0 The Associated Port Marine Development Company has denied allegations of arbitrary charges and charging…
Business Thai Baht Gains Among Muted Asian Currencies; S.Korea’s Won Slips Aug 13, 2021 0 Thailand's baht edged up among mostly muted Asian currencies on Friday, after a short-lived retreat in the dollar…
Technology Crypto Platform Poly Network Rewards Hacker With $500,000 ‘Bug Bounty’ Aug 13, 2021 0 Poly Network, the cryptocurrency platform which lost $610 million in a hack earlier this week, confirmed on Friday…
Technology U.S. House Members Introduce Bill Targeting Apple And Google App Stores Aug 13, 2021 0 A Republican and a Democratic member of the U.S. House of Representatives introduced a bill aimed at reining in…
Business Port, Shipping Firms Divert Vessels After A Ningbo Terminal Shuts Aug 13, 2021 0 Ports and shipping companies are diverting vessels from a container terminal in China's busiest marine…
Technology Tesla’s Musk Hopes To Make First Cars At Berlin Plant In Oct Aug 13, 2021 0 Tesla (TSLA.O) hopes to make the first cars at its "Gigafactory" in Gruenheide, near Berlin, in October or…
Business U.S. Consumer Sentiment Plummets In Early August To Decade Low Aug 13, 2021 0 U.S. consumer sentiment dropped sharply in early August to its lowest level in a decade, in a worrying sign for the…
Business Virgin Galactic Falls As Billionaire Branson Sells Stake Worth $300 Million Aug 13, 2021 0 Shares of Virgin Galactic Holdings Inc (SPCE.N) fell nearly 3% on Friday after its founder and British billionaire…