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Nigerian government seeks new Eurobond

On the same day, Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, while speaking at the 55th Annual Bankers Dinner organised by the Chartered Institute of Bankers of Nigeria (CIBN) in Lagos, predicted a two per cent growth in the country’s Gross Domestic Product (GDP) in 2021.
Nigeria Naira

Naira weakens to lowest in three years

The Naira yesterday weakened to the lowest in over three years in the parallel market due to increased demand for dollars amid foreign-currency shortages.
Wall Street’s main stock indexes were hovering near unchanged on Friday as presidential ballots continue to be tallied in key battleground states and investors take heart from a better-than-expected monthly jobs report.

US stocks tread water as post-election rally hits pause

Wall Street’s main stock indexes were hovering near unchanged on Friday as presidential ballots continue to be tallied in key battleground states and investors take heart from a better-than-expected monthly jobs report.
The Managing Director, The Voice of Nigeria (TVN), Mr Akin Salami says TVN would attract and help unleash the brightest of Nigerian musical talents for global stage.

The Voice Nigeria unleashes Nigeria musical talents

The Managing Director, The Voice of Nigeria (TVN), Mr Akin Salami, says TVN would attract and help unleash the brightest of Nigerian musical talents for global stage.
A pedestrian walks past a stock indicator board for the Tokyo Stock Exchange being displayed in a window of a securities company in Tokyo on October 1, 2018. - Japanese shares powered to a new 27-year high on October 1 after the US and Canada clinched a long-awaited trade deal, but other Asian equity markets struggled in subdued holiday trading. (Photo by Martin BUREAU / AFP)

Asian markets rise on fresh vaccine hopes, eyes on earnings

Asian markets rose Monday, recovering some of the losses at the end of last week, as investors followed a strong performance on Wall Street fuelled by hopes for a coronavirus vaccine, though a spike in infections around the world capped gains.
Ethiopian Airlines CEO Tewolde Gebremariam speaks during a news conference amid concerns about the spread of coronavirus disease (COVID-19), in Addis Ababa, Ethiopia April 7, 2020. REUTERS-Tiksa Negeri

Why African airlines could rebound faster – Ethiopian chief

African skies could experience increased activity earlier than other continents due to the planned evacuation of people seeking to return home from across the world. This is the view advanced by Tewolde Gebremariam, CEO of Ethiopian Airlines.

Shell cuts dividend for first time since second world war

Royal Dutch Shell on Thursday cut its dividend for the first time since the 1940s after a first-quarter loss – and warned virus-ravaged oil prices will take time to fully recover.
(FILES) In this file photo taken on June 11, 2018 North Korea's leader Kim Jong Un (R) walks with US President Donald Trump (L) during a break in talks at their historic US-North Korea summit, at the Capella Hotel on Sentosa island in Singapore.US President Donald Trump has received a "very positive" letter from North Korean leader Kim Jong Un seeking a follow-up meeting after their historic summit in Singapore, the White House said on September 10, 2018. "It was a very warm, very positive letter," White House spokeswoman Sarah Sanders said, adding that the message showed Pyongyang's "continued commitment to focus on denuclearization" on the Korean Peninsula. / AFP PHOTO / SAUL LOEB

Vietnam ‘willing’ to host Trump-Kim summit – report

Vietnam’s premier has said his country is willing to host a much-anticipated second summit between US President Donald Trump and North Korean leader Kim Jong Un.
Africa's richest man Aliko Dangote

Arsenal no longer priority for Aliko Dangote

Africa’s richest man, Aliko Dangote, has said that he would turn his attention to buying another football club if Arsenal owner Stan Kroenke refuses to sell.
Dollar

Dollar rally moves to Asia after US data but stocks tumble

The dollar continued to brush aside other currencies Thursday after further proof of the booming US economy sent Treasury yields surging, but Asian equities sank with more Federal Reserve rate hikes looking certain.
Alibaba founder Jack Ma

Alibaba’s Jack Ma says not quitting yet only unveiling succession plan

Alibaba co-founder and chairman Jack Ma will not step aside on Monday as widely reported, he will only unveil a succession plan, the South China Morning Post reported Sunday.

Alibaba co-founder Jack Ma retiring at 54

Alibaba co-founder and chairman Jack Ma plans to retire from the Chinese e-commerce giant on Monday to devote his time to philanthropy focused on education.
Jim Ovia,

Jim Ovia’s Book, Africa Rise and Shine and the changing African narrative

Almost two decades ago, Africa was tagged the “Hopeless Continent” in the May 2000 issue of The Economist. Hitherto, the continent was portrayed as ravaged by wars and coups, poverty and famine. It was a general negative narrative of Africa in the media.

Dollar rises in Asia with Treasury yields, Japan exporters rally

The dollar extended gains against its main peers and most other currencies Tuesday as rising US bond yields fan speculation of a sharp rise in interest rates, while most of Asia's major markets edged up after recent losses.

Five women accuse journalist Mark Halperin of sexual harassment

Five women have accused veteran journalist Mark Halperin of sexually harassing them while he was in a powerful position at ABC News.

Recent Stories

Big Brother Naija 2019 winner, Mercy Eke, has opened up concerning rumours that she tested positive for COVID-19.

Mercy Eke: No man is responsible for my success

In a video uploaded to her YouTube channel, the reality star said, “In this part of the world, people believe a man is behind the success of a woman, whether she is married or single. I work hard for everything I own today. When people say a man is behind these things, I find it appalling. However, it does not get to me anymore because what else would one say? It only shows that my success is visible.”
election inec nigeria

2023: INEC to put polling units in hospitals, courts

The Independent National Electoral Commission on Friday said it would bring polling units in overcrowded areas closer to the people, particularly to public places like schools, courts and hospitals ahead of the 2023 general elections.
National Bureau of Statistics NBS

NBS: States IGR fell to N1.31 trillion in 2020

The National Bureau of Statistics disclosed in its report on ‘Internally Generated Revenue at state level for fourth quarter and full year 2020’.
Super Eagles captain Ahmed Musa has formally signed a short-term deal with four-time Nigeria Professional Football League Champions Kano Pillars.

NPFL: Ahmed Musa to play for free at Kano Pillars

Musa, 28, signed for the four-time Nigerian champions under the Elite Players Programme of the League Management Company, which encourages top Nigerian internationals to play for local clubs.
Ethiopians who fled the ongoing fighting in Tigray region gather to receive relief aid at the Um-Rakoba camp on the Sudan-Ethiopia border, in Kassala state, Sudan December 17, 2020. REUTERS-Mohamed Nureldin Abdallah

Eritrea admits presence in Ethiopia’s Tigray, tells U.N. withdrawing

Eritrea told the United Nations Security Council on Friday that it has agreed to start withdrawing its troops from Ethiopia's Tigray region, acknowledging publicly for the first time the country's involvement in the conflict.

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Legendary Manchester United defender Rio Ferdinand believes the Red Devils should go for Everton striker Dominic Calvert-Lewin this summer.

Rio Ferdinand urges Manchester United to sign Everton striker

Legendary Manchester United defender Rio Ferdinand believes the Red Devils should go for Everton striker Dominic Calvert-Lewin this summer.
Schwab blamed an 'issue created by a software enhancement' for erroneously transferring $1.2m in February to the Fidelity account of Kelyn Spadoni, rather than the $82.56 she had requested, according to a lawsuit [File: Christopher Lee/Bloomberg]

US company mistakenly deposits $1.2 million into woman’s account

It’s not quite the nearly $1 billion blunder that Citigroup Inc. made last summer, but Charles Schwab Corp. said it accidentally sent more than $1 million dollars to the Fidelity Brokerage Services account of a woman in Louisiana.
The Senate President, Ahmad Lawan, has said that for appreciable development to take place in the country, more women must be regarded and enlisted to take up more spaces in governance.

Atiku group tasks Senate president to pass amended electoral act

The Atiku Support Organisation has tasked Senate President Ahmad Lawan to ensure the passage of the Amended Electoral Act.
Ukraine’s defence minister said on Saturday his country could be provoked by Russian aggravation of the situation in the conflict area of Ukraine’s eastern Donbass region. The minister, Andrii Taran, said Russian accusations about the rights of Russian-speakers being violated could be the reason for the resumption of armed aggression against Ukraine.

Ukraine says it could be provoked by Russian ‘aggression’ in conflict area

Ukraine’s defence minister said on Saturday his country could be provoked by Russian aggravation of the situation in the conflict area of Ukraine’s eastern Donbass region.
A congress of the People’s Democratic Party’s north west zone in Kaduna has ended in chaos after supporters of major contenders clashed.

Northwest PDP zonal congress ends in chaos as thugs snatch ballot

The major contenders for the position of National Vice Chairman for north west zone include Senator Bello Hayatudeen Gwarzo, Aminu Wali and a preferred candidate of former Governor of Kano State, Rabiu Musa Kwankwaso.