Month: July 2021
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Business Insight
IMF says adoption of crypto as legal tender is an ‘inadvisable shortcut’
The International Monetary Fund (IMF) has described the adoption of cryptocurrencies as national currency by some countries as “inadvisable shortcut”.…
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Business Insight
TotalEnergies starts buybacks as rallying oil price boosts earnings
TotalEnergies will be allocating up to 40 percent of additional cash flow to share buybacks as rallying commodity prices helped…
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Business Insight
DPR urges LPG operators to desist from illegal practices
The Department of Petroleum Resources (DPR), Eket Field Office, has appealed to operators of Liquefied Petroleum Gas in Akwa Ibom…
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Business Insight
Forex: CBN directs commercial banks to set up teller points
The Central Bank of Nigeria (CBN) has directed Deposit Money Banks (DMBs) to set up teller points in designated branches…
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Aviation & Maritime
Airbus sees a strong first half performance amid 300 plane deliveries
Airbus on Thursday revealed that it had experienced a solid first half, showing a profit of €2.2 billion ($2.6 billion)…
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Business Insight
FCMB reports N94.2bn revenue, PBT rise by 9.4% in H1 2021
The FCMB Group Plc have released its unaudited interim earnings report for the first half of 2021, with a gross…
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Business Insight
USAID advances the Prosper Africa Build Together
This week, U.S. Agency for International Development (USAID) Administrator Samantha Power helped to kick off the Prosper Africa Build Together…
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Business Insight
NCC outlines key instruments that will strengthen telecoms market structure, enhance competition
The Executive Vice Chairman (EVC) of the Nigerian Communications Commission (NCC), Prof. Umar Garba Danbatta, has said that the ongoing…
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Commentaries
Making the digital money revolution work for all
History moves in uneven steps. Just as the telegraph erased time and distance in the 19th century, today’s innovations in digital…
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Commentaries
Stimulating manufacturing, key to export diversification – The Punch
Nigeria’s failure to industrialise and diversify its export base has been brought into sharp focus by trade statistics that reveal…
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