Month: October 2018
An American Multinational Information Technology Company, IBM on Friday signed a Memorandum of Understanding with the Kaduna State Government to train one million residents in the state on digital skills over the next four years. ...
The Minister of State for Petroleum, Dr Ibe Kachikwu, has said that it would be sad if the nation’s refineries are not functional by the end of 2019. According to him, the present administration is committed ...
Saudi British Bank (SABB) and smaller rival Alawwal Bank are merging to create Saudi Arabia’s third-biggest lender with a market capitalisation of about $17.2 billion. The deal values the smaller Alawwal Bank, partly owned by ...
The Securities and Exchange Commission (SEC) on Thursday charged Nigerians to key into the financial system and invest in the capital market. The Director-General, Ms Mary Uduk, stated this while sensitising residents of Gwagwalada on ...
The dollar held at a six-week high on Thursday as an overnight jump in U.S. Treasury yields on the back of strong data prompted investors to add long bets in the greenback against higher-yielding and ...
Honda Motor Co Ltd will invest $2.75 billion and take a 5.7 per cent stake in General Motors Co’s Cruise self-driving vehicle unit, to jointly develop autonomous vehicles for deployment in ride services fleets around ...
Oil traders have piled into wagers that U.S. crude oil could surge to $100 a barrel by next year, a milestone that until recently many considered unthinkable due to record U.S. production growth and relatively ...
Saudi Energy Minister Khalid al-Falih said OPEC is technically able to raise oil output by 1.3 million barrels per day (bpd), the TASS news agency reported on Thursday. TASS had earlier incorrectly reported that ...
The Governor, Central Bank of Nigeria (CBN), Mr Godwin Emefiele, on Wednesday said the apex bank was duly committed in positioning the economy on the path of growth by supporting small businesses in the country. ...
African Export-Import Bank (Afreximbank) has urged African banks to key into Afreximbank’s Trade Facilitation Programme(AFTRAF). Ms Fatma Bao, Manager, Afreximbank Guarantees and Specialised Finance Unit, said this in a statement signed by Mr Obi Emekekwue, ...
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