We Gave Niger Delta Governors N100m Each As COVID-19 Palliatives – NDDC
The Niger Delta Development Commission (NDDC) has said that it gave each of the governors of the nine oil-producing states…
Toyota Chief Warns Apple Over Car Plans
Regardless of whether or not Apple is actually planning to launch a car, Toyota President Akio Toyoda has warned that…
Continental Reinsurance Plc Positioned To Deliver Value Post-Covid Recovery Of African Nations
Almost 35 years after it was founded in Lagos, Nigeria, leading private pan-African reinsurer, Continental Reinsurance today announces it is…
Book On Telecoms Law, Regulations Debuts
The Executive Vice Chairman of the Nigerian Communications Commission (NCC), Prof, Umar Danbatta was among eminent personalities that have endorsed…
FG Okays New N6.98 USSD Rate, Telcos Shelve Withdrawal
Telecommunications operators, yesterday, suspended planned withdrawal of Unstructured Supplementary Service Data (USSD) short code service, otherwise known as banks’ transfers…
EFCC Directs Bankers To Declare Assets By June 1
The Economic and Financial Crimes Commission (EFCC) has given bank employees June 1, 2021 deadline to declare their assets. EFCC…
Nigeria’s Inflation Rises Again, Hit Four-Year High In February
The consumer price index which measures inflation increased by 17.33 per cent (year-on-year) in February 2021. The National Bureau of…
Pfizer To Halt Biosimilar Output In China, Sell Assets To WuXi Biologics
Pfizer Inc will stop producing biosimilar products in China and sell a unit in the eastern city of Hangzhou to…
New York Stays Top In Finance As London Loses Ground, Index Shows
New York kept the top spot in the latest Global Financial Centres Index (GFCI), with London clinging on to second…
Elumelu: Foreign Investors Need Long-Term Plan For Africa
Foreign investors should have long-term investment plans for Africa, because it boasts of huge returns on investment, Chairman, Heirs Holdings,…
Nigeria: Buhari Appoints Executive Directors For Islamic Development Bank, African Development Bank
President Muhammadu Buhari appointed two Nigerians to represent Nigeria’s interests in the African Development Bank, AfDB and Islamic Development Bank…
Tepco Shares Slump 10% After Regulator Slams Breaches At Nuclear Station
Shares of Tokyo Electric Power (Tepco) fell the most in eight years on Wednesday after Japan’s atomic regulator found safety…
US Contacts Nigerian Visa Applicants Affected By Trump’s Travel Ban
The United States mission has said that it was prioritising immigrant visa applicants in Nigeria affected by the travel restrictions…
Japan Inc Offers Lowest Pay Rises In 8 Years As Pandemic Bites
Japanese companies are offering the lowest wage increases in eight years as labour talks wrap up on Wednesday, in a…
BMW Sees Significant Profit Growth In 2021
German carmaker BMW on Wednesday said it expects a significant year-on-year increase in group pretax profit in 2021 as it…
Trade Restrictions Policy To Protect Local Industries, Emefiele Tells Okonjo-Iweala
The Central Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele, yesterday defended the apex bank’s restrictive trade policy, stressing that…
Stock Market Sheds N193bn As Investors Await Clarity On Demutualisation
The market capitalisation of the Nigerian Stock Exchange (NSE) has declined by N173 billion as the euphoria that greeted the…
British Premier Defends AstraZeneca Coronavirus Vaccine Over Blood Clot Fears
British Prime Minister Boris Johnson on Tuesday defended the safety of the AstraZeneca coronavirus vaccine, after several European countries halted…
European New Car Sales Drop By 20% Year-On-Year In February: ACEA
European car registrations fell in February, industry data showed on Wednesday, as coronavirus lockdowns and accompanying uncertainty across Europe took…
Financial Crimes: We’re Focusing Searchlight On Bankers, Says Bawa
In its renewed poise to clamp down on financial crimes in the country, the Economic and Financial Crimes Commission (EFCC)…
Oil Bears And Bulls Grapple As Market Puzzles Over Pandemic Exit
Trading in oil futures is now as heavy as it was in the first months of the COVID-19 crisis, according…
Uber Must Do More On UK Minimum Wage Pledge: Union
Uber drivers in Britain should receive the minimum wage from the time they log on until they log off from…
Back To The ’70s As Fed Fuels Boom And Hopes For No Burns Marks
Federal Reserve officials are due to issue new economic projections on Wednesday, with GDP growth likely to be a blow-out…
NITDA Imposes N5m Fine On Fintech For Data Breach
The National Information Technology Development Agency has fined Electronic Settlement Limited the sum of N5m for personal data breach. This…
Nigeria Has Only 0.33% Share In Global Trade, WTO DG Decries
The Director-General of the World Trade Organisation (WTO), Dr Ngozi Okonjo-Iweala, has said that Nigeria’s 0.33 per cent share in…
Stakeholders To Explore Africa Commodity Ecosystem At Investment Summit
Following the impacts of the COVID-19 pandemic on African economies, stakeholders are to meet to review solutions to the continent’s…
‘Federal Government Of Nigerian Must Reposition Capital Market To Accumulate Global Savings’
Experts have stressed the need for the Federal Government to reposition the local bourse to make it more attractive to…
Nigerian Stock Exchange Resumes New Trading Week With 0.22% Loss
The local bourse resumed the first trading week on a bearish note with key performance indicators dropping by 0.22 per…
Developers To Pay Lower Fees To Google’s App Store For First $1 Million In Revenue
Alphabet Inc’s Google said on Tuesday that it was cutting the service fee that app developers pay to Google Play…
Ford’s Turkish Joint Venture To Produce Electric Vans From 2023
Ford Motor Co said on Tuesday that the next version of its Transit van for the European market will go…