Thursday, June 4, 2020
Tags Business

Tag: business

Tanzanian government cracks down on sugar price

Tanzanian authorities said on Wednesday it will launch a crackdown on sugar traders who have been hiking price. Japhet Hasunga, the Minister for Agriculture, said...

COVID-19: Hertz Throws in The Towel

American car-hiring company,Hertz,became the latest victim of the sudden economic downturn occasioned by the Coronavirus pandemic,when it filed for bankruptcy on Friday. The company has...

Sterling Bank Earns Shareholders’ Applause over 2019 Performance

Following a sterling financial performance in 2019, Sterling Bank Plc’s shareholders on Thursday commended the bank’s financial performance and dividend pay-out for the financial...

Malaysia’s Petronas sells LNG to China

Malaysia’s Petroliam Nasional Bhd has signed a deal to supply liquefied natural gas (LNG) to an ISO tank-filling facility owned by China’s Tiger Clean...

Interactive Brokers Launches Affordable Global Mutual Fund

Interactive Brokers Group, Inc.  today announced the launch of its new Mutual Fund Marketplace, which offers availability to more than 25,000 mutual funds, including...

EIG Raises $1.1Bn for Global Project Fund V

EIG Global Energy Partners (EIG) on Tuesday announced the successful, final close of EIG Global Project Fund V (‘GPF V’ or ‘the Fund’) with...

COVID-19 Impact trend analysis in Nigeria

P+ Measurement Services, a media intelligence and Public relations audit agency has carried out trend analysis on the impact of COVID-19 in Nigeria for...

Oracle Database: Kakao Switches to Rimini Street Support

Rimini Street, Inc., the third-party support provider for Oracle and SAP software products and a Salesforce partner, Tuesday announced that Kakao, an internet and...

UBA Rewards 100 customers with N100,000 amid COVID 19 Pandemic

United Bank for Africa (UBA) Plc says it has  rewarded  100 customers with N100,000 each in the UBA Bumper account draw. The draw, which took...

Transcorp Group CEO Unveils New Strategic Vision

Shareholders of Transnational Corporation of Nigeria Plc (Transcorp) have congratulated the Board and management for the resilient performance achieved in 2019, despite the challenging...

Alessandro Cerase joins BHSI Global Property Underwriting Team

Berkshire Hathaway Specialty Insurance (BHSI) today announced that it has expanded its Global Property Underwriting Officer team to include Alessandro Cerase, who will focus...

FBN Holdings shareholders approves N13.64bn dividend

Shareholders of FBN Holdings Plc on Monday approved a total dividend of N13.64 billion declared by the company for the financial year ended Dec....

NSE: Market indicators resume week with 0.01% loss

Activities on the Nigerian Stock Exchange (NSE) opened for the week on Monday with a marginal drop of 0.01 per cent. Speficially, the All-Share Index...

Protect Your Bank Details UBA warns Customers

United Bank for Africa (UBA) Plc, has called on its customers to exercise utmost caution in their banking transactions and ensure that they do...

EMQ Expands Global Reach into Africa

EMQ, a global financial settlement network, today announced its footprint expansion into Africa, offering customers from around the world secure, affordable and real-time cross-border...

China ramps up efforts on business environment amid COVID-19 battle

China is ramping up efforts in optimising business environment to stabilise development of enterprises and economy amid the fight against COVID-19, reports Economic Information...

NNPC GMD Focused on Ensuring Sufficient Fuel Supply, Says Wunti

The Group General Manager, National Petroleum Investment Management Services (NAPIMS), Mr. Bala Wunti, has said the focus of the Group Managing Director of the...

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8 homes swept to sea in Norway mudslide

A landslide in the far north of Norway swept eight buildings into the sea on Wednesday; a local has captured the destruction in a...

NASS, Presidency on collision course over ‘strange’ N33bn in SDGs’ Allocation

The National Assembly and the Presidency may be on a collision course if revelations made by the Senior Special Assistant (SSA) to the President...

Court acquits cleaner of defilement, as alleged victim fails to testify

An Ikeja Sexual Offences and Domestic Violence Court on Thursday acquitted a 26-year-old cleaner, Charles Etuk of defilement as the alleged 13-year-old victim failed...

‘Period’ poverty: New Zealand govt to provide sanitary pads in schools

The New Zealand government said Wednesday that it will provide free sanitary products in schools across the country in an effort to tackle period...