Investors Turn Up Heat On HSBC To Phase Out Fossil Fuel Funding
HSBC will phase out its support for the coal industry in the developed world by 2030 and in the developing…
Oil Prices Are Surging: Here’s Why Not Everyone Is Cheering
You’d think a world tiptoeing its way out of the coronavirus pandemic might only be good news for governments and economies. Yet…
Using Ibori Loot For Lagos-Ibadan Expressway, Abuja-Kano Rail Line Unjust – Sagay
The Chairman, Presidential Advisory Committee Against Corruption, Prof. Itse Sagay (SAN), has advised the President, Major General Muhammadu Buhari (retd.),…
With Green Energy, Japanese Governor Wants To Take Fukushima Out Of Nuclear Shadow
A decade after Japan’s devastating nuclear meltdown, the governor of Fukushima hopes the prefecture can step out of the shadow…
Nigerian Stock Market Rises By N128bn On Demutualization
The nation’s bourse on Wednesday overcame its negative posture growing by N128bn following bargain buying in Dangote Cement and Nestle…
Best Nigerian Stocks In 2020 Based On Dividend Yield
These are stocks that offered their investors the highest dividends for every naira invested in 2020 based on announced dividends…
China Semiconductor Trade Association Establishes Work Group With U.S. Counterpart
The Chinese Semiconductor Industry Association (CSIA), a major trade association for China’s chip industry, will establish a working group with…
Norwegian Air Updates Offer To Creditors In key Step Towards Survival
Norwegian Air said it had presented an updated restructuring proposal to creditors on Thursday, a major step in the airline’s…
Shell CEO Takes Large Pay Cut After Bruising 2020
Royal Dutch Shell Chief Executive Ben van Beurden’s pay package dropped by 42% to $7 million in 2020, a year…
How To Make PIB Beneficial To The Nigerian Govt. And Nigerians By Stakeholders
Some stakeholders, yesterday, brainstormed on some of the issues delaying passage of the 20-year old Petroleum Industry Bill (PIB), suggesting…
Senate Alleges N120billion Fraudulent Fuel Subsidy Payment
The Senate Committee on Public Accounts, yesterday, said it had uncovered a N120 billion differential in subsidy payment to the…
Two Out Of Five Bank Workers Are Contract Staff – NBS
Two out of every five people working in Nigerian banks are contract staff, analysis of data provided by the National…
Warren Buffett’s Net Worth Surpasses $100bn, Forbes Says
US businessman Warren Buffett on Wednesday joined the small circle of executives worth more than $100 billion, which also includes…
UAE Extends Ban On Nigeria Flights To March 20
The United Arab Emirates has extended its ban on Nigerian flights till March 20. A statement from the public relations…
ICYMI: I Didn’t Defraud FG Of N51bn, N2.5bn –Buhari’s Daughter
One of the daughters of the President, Zahra Buhari-Indimi, has said she did not defraud the Federal Government of Nigeria…
Wage Bill Protests: National Assembly, Labour Meet Tuesday As Sponsor Knocks Unions
The leadership of the National Assembly will, on Tuesday next week, meet labour leaders over a bill which seeks to…
Dangote Set To Earn N13bn In Dividend From Sugar Business
Chairman of Dangote Group, Aliko Dangote, is expected to earn a dividend of N13.1bn for the financial year 2020 from…
FCMB Introduces Paperless And Cardless Transactions At Branches, ATMs And POS Terminals
Customers of First City Monument Bank (FCMB) can now seamlessly carry out an array of transactions with just their fingerprints…
Nigerien President Wins $5 Million Mo Ibrahim Prize
President of Niger, Mahamadou Issoufou, has won the $5 million 2020 Ibrahim Prize for Achievement in African Leadership, the Mo…
Mexico’s Congress Approves Landmark Cannabis Bill
Mexico’s lower house of Congress on Wednesday approved a bill that would decriminalize cannabis for recreational, medical and scientific uses,…
Turkey’s Nuclear Power Dilemma
Turkish and Russian officials laid the foundation for the third reactor of Turkey’s first nuclear power plant Akkuyu in the…
Nokia Signs Patent License Pact With Samsung
Nokia has struck a deal with Samsung to license patents covering its innovations in video standards, the Finnish telecom company…
Biden’s $1.9 Trillion COVID-19 Bill Wins Final Approval In House
The U.S. House of Representatives gave final approval on Wednesday to one of the largest economic stimulus measures in American…
Tesla Raises Price Of Variants Of Model Y, Model 3, Model S
Tesla Inc has increased price of its Model Y Long Range and Model S Plaid plus by $10,000, the electric-car…
SoftBank-Backed Coupang Raises $4.6 Billion In U.S. IPO
Coupang LLC, South Korea’s largest e-commerce company, raised $4.6 billion in the biggest share offering in the United States this…
Rolls-Royce Plunges To Worse Than Expected $5.6 Billion Loss
British engine-maker Rolls-Royce plunged to a worse than expected 4 billion pound ($5.58 billion) loss in 2020 as the pandemic…
Asia Stocks Soar As Receding Inflation Worries Bolster Confidence
Asian stocks extended their rebound from a two-month low on Thursday after a report on U.S. consumer prices calmed concerns…
China’s Smartphone Shipments Build On Post-Pandemic Rebound In February
China’s smartphone shipments increased more than threefold in February 2021 from a year ago, government data published on Thursday showed,…
Millions Of Websites Offline After Fire At French Cloud Services Firm
A fire at a French cloud services firm has disrupted millions of websites, knocking out government agencies’ portals, banks, shops,…
NPA Issues New Guidelines To Truckers Curbing Confusion, Irregularities
Following the challenges limiting the efficiency of the newly introduced electronic call-up system for management of truck traffic into Lagos…