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Global stock markets wavered on Monday as soaring COVID-19 cases offset investor hopes of a quick economic recovery, even after data showing that the Chinese economy rebounded faster-than-expected in the fourth quarter of 2020.
This is even as government has given street traders at Obikabia and Opobo junctions in the Ogbor Hill area of the commercial city seven days to vacate the streets and move into approved markets in the city.
The Nigerian National Petroleum Corporation (NNPC) has announced a total export receipt for crude oil and gas valued at $120.49 million for the month of September 2020.
The Anambra State chapter of the United Independent Proprietors of Private Schools Association of Nigeria complained that such plans by the state government would not only cripple the educations sector in the state but has already exposed school children to unimaginable dangers.
A candidate for the Bank of England’s supervisory arm for banks defended on Wednesday his senior role on a bitcoin trading platform, saying it took safeguards against money-laundering very seriously.
EU antitrust regulators gave the green light on Wednesday to the London Stock Exchange’s $27 billion takeover of Refinitiv, creating a stronger competitor to financial data leader Bloomberg LP.
Dangote Cement, Nigeria’s biggest company by market capitalisation, has announced the completion of the first tranche of its share buyback programme.
Although no life was lost, the fire incident, which victims confirmed to this newsmen as the fourth in 11 years, started early Sunday morning. It destroyed furniture items, materials and machines estimated at millions of naira.
Reason: the industry is faced with a tougher operating environment that could threaten the operators’ ability to meet their stakeholders’ needs and expectations yet perform meaningful corporate social responsibility roles.
Eleven operatives of the newly formed Rivers Taskforce on Illegal Trading and Motor Parks were sacked on Thursday for collecting bribes from members of the public around Choba area in Obio-Akpor local Government area of the State.
The rule provides that “if an issuer fails to file the relevant accounts by the expiration of the cure period, the exchange will: send to the issuer a ‘second filing deficiency notification’ within two business days after the end of the cure period; suspend trading in the issuer’s securities; and notify the Securities and Exchange Commission (SEC) and the market within 24 hours of the suspension”.
The Nigerian National Petroleum Corporation, NNPC, is currently shopping for $1 billion to revamp Nigeria’s biggest refinery located in Port Harcourt, Rivers State.
Miriam Onuoha, member of the House of Representatives from Okigwe North federal constituency has proposed a bill to legalize the cultivation and trading of cannabis for medical use and also to be a source of revenue generation for the country.
“As Nigerians struggle to acquire the National Identity Number, NIN, from offices of the National Identity Management Commission, NIMC, across the country it has come to the knowledge of the Economic and Financial Crimes Commission, EFCC, that some unscrupulous persons are cashing in on the exercise to induce enrollees to sell their NIN for a fee. The buyers of the numbers are also trading with them to persons whose motives are anything but noble,” the statement reads.
Clean sweep by Democrats allows them to enact big-spending policies likely to benefit the economy, investors say.
Federal Government has pledged it’s commitment to supporting Micro, Small and Medium Enterprises (MSMEs) in order to create more job opportunities for the nation’s teeming youths.
The Federal High Court sitting, Abuja, on Tuesday, granted an ex-parte order to paste hearing notices on former speaker of the House of Representatives, Yakubu Dogara, in his office.
He added that the initiative was part of an effort to promote a comprehensive health system and ensured civil servants attained better mental health which underscores the high premium the present administration places on the wellbeing of its workforce in line with its THEMES Agenda, particularly at this present time when everyone was grappling with a global health crisis of Covid-19 Pandemic.
The Ondo State Election Petition Tribunal on Tuesday resumed sitting with an official of the Independent National Electoral Commission (INEC), Tope Aina, disagreeing with the petitioner that votes scored by Governor Rotimi Akeredolu were wrongly credited.
There is significant breaking Real Madrid news on Tuesday with Marca reporting that Martin Odegaard has asked to leave the club this month.
Some unauthorised tailors said to have been sewing fake uniforms of the Oyo State Security Network Agency otherwise called Amotekun to unscrupulous elements in the state have been arrested.
A US Capitol Police officer on duty during Wednesday's coup attempt by Trump supporters died by suicide on Saturday, his family has announced.
The Benue State Government on Wednesday said that Gov. Samuel Ortom had again tested negative for COVID-19.
Prime Minister Boris Johnson said on Wednesday Britain had to be vigilant about China’s involvement in the country’s critical infrastructure but added the government should not become Sinophobic.
Long-time leader Yoweri Museveni had a commanding lead in Uganda’s presidential election according to preliminary results on Friday though his main rival Bobi Wine said there had been widespread fraud.