Business Wall Street Opens lower As Spike In Yields Pressures Tech Stocks Mar 30, 2021 0 Wall Street’s main indexes opened lower on Tuesday as a rise in U.S. bond yields hit heavyweight tech-related…
Business Fortum Tightens Grip On Uniper In Leadership Shakeout Mar 30, 2021 0 Finland’s Fortum has tightened its grip on German utility Uniper after a boardroom shake-up that sees changes to…
Business Austria In Talks To Buy A Million Doses Of Russia’s Sputnik V vaccine Mar 30, 2021 0 Austria is in talks with Russia to buy a million doses of its Sputnik V coronavirus vaccine, which has yet to be…
Banking Senate Gives CBN Governor 72 Hours Ultimatum To Appear Over ‘Missing $9.5 Million Mar 30, 2021 0 The Senate has given the Governor of Central Bank of Nigeria, CBN, Godwin Emefiele, an ultimatum of seventy-two…
Banking Microfinance Bank Expands Accessibility Mar 30, 2021 0 Advans La Fayette Microfinance Bank, an international microfinance institution, has expanded its presence in…
Business Nike Sues Maker Of Lil Nas X ‘Satan Shoes’ Mar 30, 2021 0 Nike is suing the art collective behind the Lil Nas X “Satan Shoes” that have sparked a social media backlash.…
Local Artisans With Pension Accounts Now 62,463, Says PenCom Mar 30, 2021 0 Two years after the Federal Government launched the Micro Pension Plan for the informal sector, 62,463 artisans…
Opinion Hyundai Motor To Suspend Some South Korea Output Due To Chip, Component Supply… Mar 30, 2021 0 South Korea’s Hyundai Motor Co said on Tuesday it plans to temporarily suspend production at its Ulsan No.1 plant…
Banking After Firing Turkey’s Cenbank Chief, Erdogan Also Removes Deputy Mar 30, 2021 0 President Tayyip Erdogan removed a central bank deputy governor, Murat Cetinkaya, from his post on Tuesday, 10 days…
Business BMW Has Got Its Timing Right For Beefing Up Electric Cars: CEO Mar 30, 2021 0 BMW has timed its shift to electric cars well and its upcoming products will upend the perception the German…
Business Oil Gains As Focus Switches To OPEC+ Extending Output Cuts Mar 30, 2021 0 Oil prices rose on Tuesday as shipping traffic resumed through the Suez Canal after days on hold and focus turned…
Business SK Innovation Says May Pull Its Battery Business Out Of U.S. Mar 30, 2021 0 South Korea’s SK Innovation Co Ltd said on Tuesday it is considering all options including pulling its battery…
Investing Malaysia’s AirAsia Shares Slide After Record Quarterly Loss Mar 30, 2021 0 Shares in AirAsia Group Bhd fell in morning trade on Tuesday, as analysts lowered earnings forecasts after the…
Business Real-Economy Stirrings Show U.S. Leaves Europe In The Dust Mar 30, 2021 0 Real-time data on everything from sit-down restaurant meals to job hirings shows American business and consumers…
Business City Of London Says It Expects Bulk Of Workers To Return After Pandemic Mar 30, 2021 0 The City of London financial district is likely to see most workers return to their offices after the coronavirus…
Business BOJ Warns Of Rising Credit Costs Among Financial Institutions Mar 30, 2021 0 Japanese financial institutions have seen credit costs rise this fiscal year due to uncertainty over the business…
Local Again, Senate Summons Emefiele, Alleges Federation Account $9.5m Missing Mar 30, 2021 0 The Senate Public Accounts Committee has given the Governor of Central Bank of Nigeria, Mr Godwin Emefiele, up till…
Local Lagos Okays Ex-Aviation fuelling Firm MD, Others’ Trial Over Alleged N1bn Fraud Mar 30, 2021 0 The Directorate of Public Prosecutions in Lagos State has said sufficient facts exist to establish a prima facie…
Banking Lagos Accounts For 12.15% As States Debts Hit N4.2tn Mar 30, 2021 0 The total states and Federal Capital Territory domestic debt profile hit N4.2tn with Lagos State accounting for…
Banking China Bonds Set For Billions Of Inflows After Final FTSE WGBI Nod Mar 30, 2021 0 Index provider FTSE Russell gave final approval on Monday for inclusion of Chinese sovereign bonds in its flagship…
Business Iran Rejects Ending 20% Enrichment Before U.S. Lifts Sanctions: State TV Mar 30, 2021 0 - Iran will not stop its 20% uranium enrichment before the United States lifts all sanctions, Iranian state TV…
Business Apple Supplier Foxconn Fourth Quarter Profit Misses Estimates Mar 30, 2021 0 Taiwan’s Foxconn, the world’s largest contract electronics maker which counts technology giants such as Apple Inc…
Business Japan Asks Taiwan Manufacturers To Cooperate In Chip Production Mar 30, 2021 0 Japan has asked some Taiwanese manufacturers to cooperate in alternative production of semiconductors, industry…
Business Teamviewer In Five-Year Sponsorship Deal With Mercedes F1 And FE Teams Mar 30, 2021 0 German software company Teamviewer said on Tuesday that it had struck a five-year sponsorship deal with the…
Business “She’s Free”: Traffic In Suez Canal Resumes After Stranded Ship… Mar 29, 2021 0 Shipping traffic through Egypt’s Suez Canal resumed on Monday after a giant container ship which had been blocking…
Business Crypto Shadow Banking Explained And Why 12% Yields Are Common Mar 29, 2021 0 A swathe of shadow banks in the $1.6 trillion cryptocurrency market have figured out how to generate returns of 12%…
Business Explainer: Why Nigeria’s Central Bank Won’t Ease Its Grip On The Naira Mar 29, 2021 0 Nigeria is keeping control of its naira currency despite demands for deeper reforms from the International Monetary…
Business Bitcoin Rises As Visa Moves To Approve Crypto USD Coin Mar 29, 2021 0 Bitcoin (BTCUSD=X) prices climbed as much as 3% by late-morning in London on Monday following yet more news of…
Business Stanbic IBTC, CAP, Lafarge Top Stocks To Watch This Week Mar 29, 2021 0 Nigerian stocks were up by N436.250 billion in the week that just went by, buoyed by a number of impressive…
Business Nigeria Sets N50m Capital Base For Commodities’ Collateral Firms Mar 29, 2021 0 Nigeria’s apex capital market regulator, Securities and Exchange Commission (SEC), has set a minimum capital base…