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Thursday, May 28, 2020

EU slams $2.7b fine on Google

Google, a unit of Alphabet, the world’s leading technology company, has been slammed a record $2.7 billion fine by Europe’s anti-trust agency. The fine signalled...

France Pledges to Invest Over One Billion Euros in Nigeria Oil and Gas Industry

The French Government has said that it has set aside about one billion euros to be invested in the Nigeria Oil and Gas industry,...

Legacy Funds: PTAD Takes Over Properties Worth N13bn from Nicon Insurance

In line with the Act setting up the Pension Transitional Arrangement Directorate (PTAD), the Directorate has taken over certificates of occupancy of 28 properties...

Acting President to Launch New Tax Awareness and Mobilization Initiative

The Acting President, Professor Yemi Osinbajo will launch the Voluntary Asset and Income Declaration Scheme (VAIDS) to the nation on 29 June 2017, outlining...

Osinbajo Inaugurates NCP, Says 142 Public Enterprises Privatise

Acting President Yemi Osinbajo has re-inaugurated new members of the National Council on Privatisation (NCP) two years after dissolution. The body responsible for making decisions...

OPEC: Oil Prices Rise Above $45 Per Barrel

Crude oil has edged up from multi-month low, but prices remained under pressure from a supply glut that has persisted despite the efforts led...

Transport, Agric Ministries wade into FAAN, NAQS Face-off

The Ministries of Transportation and Agriculture and Rural Development are expected to harmonize positions to resolve the disagreement between Federal Airport Authority of Nigeria...

Indonesia to Build 10,000bpd Refinery in Nigeria

The Federal Government’s plan to attract investment in modular refineries as part of efforts to boost local refining capacity has started gaining momentum with...

Banks investigation of Etisalat over $1.2 billion loan

The consortium of 13 banks involved in Etisalat Nigeria’s $1.2 billion loan wants the Federal Government, through the Economic and Financial Crimes Commission (EFCC),...

Still On Patronizing Made In Nigeria Goods

Almost a year ago, the federal government kicked-started the campaign on made-in-Nigeria goods, a move designed to encourage Nigerians to patronise locally-produced goods and...

Ease Of Doing Business In Nigeria

From current indices available, the Nigerian economy is gradually  recovering from recession and one of the major ways proffered as solution has to do...

Kaduna Dry Port to Create 15,000 Jobs

The Executive Secretary, Nigeria Shippers Council, Mr. Hassan Bello, has said that Kaduna Dry Port, when fully operational, will creat about 15,000 direct and...

Nigeria loses N140bn weekly to Apapa gridlock, says Dangote

The President, Dangote Group, Aliko Dangote, has described the state of Apapa Wharf Road an embarrassment to the country and a huge loss of...

Diversifying the Economy through Export Processing Zones- By Abdulaziz Salisu

Prior to independence in 1960, Nigeria had a vibrant economy in which the different sectors of the economy contributed meaningfully to the sustenance of...

N541 billion Debt: Access Bank, Others Take Over Etisalat

A consortium of banks, led by Access Bank PLC and other Nigerian and foreign banks, has taken over the management of Etisalat Nigeria, effective...

With $300m FG’s Mortgage Support, Graduates, Artisans Can Own House

The Federal Government has unveiled a $300 million World Bank facility to support a new housing scheme known as the National Housing Finance Programme...

SON Seizes N8b Fake Electric Cables in Lagos

The Standards Organisation of Nigeria (SON) has seized about N8 billion worth of electric cables at two residential buildings in the Ajangbadi area of...

Nigeria-UK Trade Volume Nosedive

Nigeria has recorded its first trade deficit with the United Kingdom since 2009, with merchandise imports from the former colonial master in 2016 exceeding...
Godwin Emefiele CBN Governor

CBN to Partner Microfinance Banks on Housing Deficit

Worried by the housing deficit facing the nation, the Central Bank of Nigeria (CBN) is planning to strengthen financial capacity of some microfinance banks...

Equity Market Maintains Uptrend

The nation’s equity market for the third consecutive day on Thursday maintained an upswing with the indices growing further by 0.59 per cent. The All-Share...
Live Covid-19
United States 1,745,803
Cases: 1,745,803
Deaths: 102,107
Recovered: 490,130
Active: 1,153,566
Brazil 414,661
Cases: 414,661
Deaths: 25,697
Recovered: 166,647
Active: 222,317
Russia 379,051
Cases: 379,051
Deaths: 4,142
Recovered: 150,993
Active: 223,916
Spain 283,849
Cases: 283,849
Deaths: 27,118
Recovered: 196,958
Active: 59,773
United Kingdom 267,240
Cases: 267,240
Deaths: 37,460
Active: 229,780
Italy 231,139
Cases: 231,139
Deaths: 33,072
Recovered: 147,101
Active: 50,966
France 182,913
Cases: 182,913
Deaths: 28,596
Recovered: 66,584
Active: 87,733
Germany 181,895
Cases: 181,895
Deaths: 8,533
Recovered: 162,800
Active: 10,562
Turkey 159,797
Cases: 159,797
Deaths: 4,431
Recovered: 122,793
Active: 32,573
India 158,613
Cases: 158,613
Deaths: 4,540
Recovered: 67,753
Active: 86,320
Iran 141,591
Cases: 141,591
Deaths: 7,564
Recovered: 111,176
Active: 22,851
Peru 135,905
Cases: 135,905
Deaths: 3,983
Recovered: 56,169
Active: 75,753
Canada 87,519
Cases: 87,519
Deaths: 6,765
Recovered: 46,164
Active: 34,590
China 82,995
Cases: 82,995
Deaths: 4,634
Recovered: 78,288
Active: 73
Chile 82,289
Cases: 82,289
Deaths: 841
Recovered: 33,540
Active: 47,908
Saudi Arabia 78,541
Cases: 78,541
Deaths: 425
Recovered: 51,022
Active: 27,094
Mexico 78,023
Cases: 78,023
Deaths: 8,597
Recovered: 54,383
Active: 15,043
Pakistan 61,227
Cases: 61,227
Deaths: 1,260
Recovered: 20,231
Active: 39,736
Belgium 57,592
Cases: 57,592
Deaths: 9,364
Recovered: 15,465
Active: 32,763
Qatar 48,947
Cases: 48,947
Deaths: 30
Recovered: 13,283
Active: 35,634
Netherlands 45,768
Cases: 45,768
Deaths: 5,871
Active: 39,897
Belarus 38,956
Cases: 38,956
Deaths: 214
Recovered: 15,923
Active: 22,819
Bangladesh 38,292
Cases: 38,292
Deaths: 544
Recovered: 7,925
Active: 29,823
Ecuador 38,103
Cases: 38,103
Deaths: 3,275
Recovered: 18,425
Active: 16,403
Sweden 35,088
Cases: 35,088
Deaths: 4,220
Recovered: 4,971
Active: 25,897
Singapore 33,249
Cases: 33,249
Deaths: 23
Recovered: 17,276
Active: 15,950
United Arab Emirates 31,969
Cases: 31,969
Deaths: 255
Recovered: 16,371
Active: 15,343
Portugal 31,292
Cases: 31,292
Deaths: 1,356
Recovered: 18,349
Active: 11,587
Switzerland 30,776
Cases: 30,776
Deaths: 1,917
Recovered: 28,300
Active: 559
South Africa 25,937
Cases: 25,937
Deaths: 552
Recovered: 13,451
Active: 11,934