Needless Tenure Elongation Of Federal Appointees
The Muhammadu Buhari administration has triggered yet another needless, distracting controversy…
Oil Falls On Hopes That Suez Canal Blockage Might End Soon
Oil fell on Monday as a container ship blocking Suez Canal for nearly a week was partially refloated raising hopes…
Toyota Presses Australia To Promote Roll-Out Of Hydrogen Fuel Stations
Toyota Motor Corp on Monday opened its first commercial hydrogen fuel pump site in the Australian state of…
Australia’s AMP Says Ares Keen To Buy Unit’s $1.7 Billion Private…
Troubled Australian wealth manager AMP Ltd said on Monday that Ares Management was interested in a potential buyout…
Visa Moves To Allow Payment Settlements Using Cryptocurrency
Visa Inc said on Monday it will allow the use of the cryptocurrency USD Coin to settle transactions on its payment…
Czech Billionaire Kellner killed In Alaska Helicopter Crash
The Czech Republic’s richest man, billionaire Petr Kellner, was killed in a helicopter crash in Alaska, his…
Most Nigerian Airports Not Viable, Says Senate Committee
The chairman of Senate committee on aviation, Senator Smart Adeyemi, says most airports in Nigeria are not viable.…
Take Advantage Of The N5bn Export Fund –NEPC
The Nigerian Export Promotion Council has called on all exporters and Small and Medium Scale Entrepreneurs to take…
Investors BlackRock, Vanguard Join Net Zero Effort
Top asset managers BlackRock Inc and Vanguard Group Inc have joined an investor push to limit greenhouse gas…
Nomura Flags $2 Billion Loss, Cancels Bond Issue; Shares Plummet
Nomura Holdings Inc on Monday flagged a possible $2 billion loss at a U.S. subsidiary, prompting Japan’s biggest…
Telcos Reject Demand By Banks For Sim Swap List
Telecommunication Companies have rejected the demand by Association of Chief Audit Executives of Banks in Nigeria…
Daily Fuel Consumption Hits 72.72m litres, Marketers Blame Smuggling
Petrol supply by the Nigerian National Petroleum Corporation hit a high of 72.72 million litres daily in December…
Federal Government Moves To Revive Oil Fabrication Yard In Lagos
The Federal Government has expressed its readiness to assist in reviving a multimillion-dollar oil fabrication yard…
Euro Set For Biggest Monthly Drop Since Mid-2019 On Economy Fears
The euro languished below $1.18 on Monday as the prospect of tougher coronavirus curbs in France and Germany…
Treasury Wine Faces 175.6% Duty Rate For Australian Wine Exports To China
Treasury Wine Estates Ltd, the world’s largest standalone winemaker, said on Monday that Beijing had imposed a…
Singapore Wealth Fund Buys 2.5% Stake In Cellnex From Benetton Family
Singapore wealth fund GIC has agreed to buy a 2.5% stake in Europe’s largest mobile phone towers operator Cellnex…
France, EU Close To A Deal On Air France Bailout: Minister
France and the European Union are close to a deal on a bailout for Air France, which like other carriers has been…
Exxon, Chevron Take A Slow Walk On The Path To U.S. Shale Recovery
Exxon Mobil and Chevron Corp have scaled back activity dramatically in the top U.S. shale oil field, where just a…
Alibaba-Backed Energy Monster Caught In Legal Dispute Ahead Of U.S. Listing
Energy Monster, China’s biggest mobile device power bank startup backed by Alibaba and SoftBank, is embroiled in an…
Saudi Arabia Seeks To Draw In Foreign Companies
Saudi Arabia has been pushing foreign firms to invest in the kingdom and set up regional headquarters in Riyadh.…
Banks Warn On Losses After Archegos Capital Stock Unwind
Nomura and Credit Suisse warned on Monday they were facing significant losses after a U.S. hedge fund, named by…
Nigerian Startups Raise More Money In A Single Month Than Whole Of 2020
In a month tech investors decided to open their investment wallets in an unusual manner, five Nigerian startups…
Central Bank Digital Currencies: Challenges And Prospects
We expect central bank digital currencies (CBDC) to gain further momentum. This will likely be driven first and…
Facebook, Google Suggest Reform
Facebook Chief Executive Mark Zuckerberg has laid out steps to reform a key internet law on Wednesday, saying…
Federal Government Of Nigeria Begs States To Back Actualisation Of 70 Per Cent…
Minister of Communications and Digital Economy, Dr. Isa Pantami, has appealed to state governments to cooperate…
Assembly Okays Sanwo-Olu’s N4.4bn Vehicle Purchase Request
The Lagos State House of Assembly has approved N4.4bn for the procurement of vehicles for official use by…
Reps Summon Customs’ Auditors Over Non-Presentation Of Accounts
The House of Representatives’ Committee on Public Accounts on Thursday summoned the auditors engaged by the Nigeria…
Dominion Voting Systems Sues Fox News For $1.6 Billion Over Election Claims
Dominion Voting Systems Corp filed a $1.6 billion defamation lawsuit against Fox News, accusing the cable news…
Citi hires Goldman’s Chief Diversity Officer
Citi Group said on Friday that it hired Erika Irish Brown from rival Goldman Sachs Group Inc to lead its global…
Afreximbank, NEXIM Sign $50m Fund MoU To Stimulate Local Industries
African Export-Import Bank (Afreximbank) and Nigeria Export-Import Bank (NEXIM) have entered into a Memorandum of…