Instagram, the world’s largest sharing photo social media application, shut down in the early hours of Wednesday for almost 30 minutes, shocking billions of users worldwide, before coming up moments later. The hiccup came barely a few days after co-founders Kevin Systrom and Mike Krieger resigned as the head of the social media network due […]
Brent crude, Nigeria’s oil grade benchmark at the global market, traded above 85 dollars a barrel on Wednesday, fuelled by expectations that U.S. sanctions on Iran will tighten supply and strain the ability of Saudi Arabia and other producers to supply to the international market. Online reports indicate that already crude exports from Iran, are […]
One of popular Chinese actresses, Fan Bingbing, on Wednesday fined millions of yuan for tax evasion by country’s tax authorities. The amount imposed on the actress as fine was not made public by the authorities. It would be recalled that the Chinese government had in July hinted that an investigation in possible cases of tax […]
Spain’s Supreme Court on Wednesday confirmed former IMF chief Rodrigo Rato’s jail sentence of four years and six months for misusing for misusing company credit cards when he worked at state-owned lender, Bankia. In February 2017, Rato was found guilty by another court of paying for personal expenses with credit cards put at his disposal […]
The Federal Government has approved a 90-day special window to register Micro, Small and Medium Enterprises (MSMEs) at a discounted rate of N5,000 as part of its efforts to make easy the process of registering enterprises and improving the nation’s Ease of Doing business rating. The Vice-President, Prof. Yemi Osinbajo, who gave this hint on […]
The Managing Director/CEO of HASAL Microfinance Bank, Mr. Rogers Nwoke (centre in red face cap) leading a 9.1 kilometre health walk to create awareness on heart disease as part of the bank’s 10th Anniversary’s CSR events held in Abuja.
The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has identified the adoption of risk-focused and rule-based regulatory framework, zero tolerance in regulatory framework for data/information rendition/reporting and infractions, and strict enforcement of corporate governance principles in banking sector as critical to achieving a stable banking system in the country. The apex bank […]
The World Federation of Exchanges (WFE) on Tuesday in its report titled ‘An Overview of WFE SME Markets’ reported that as at end 2017, 6,807 companies were listed on 33 SME markets with a total market capitalisation of over USD1.3 trillion globally. In addition, the Federation disclosed that 0ver 12,000 companies had listed on these […]
The World Stage Summit 2018 with the Theme ‘New sources of economic strength to make the future happen’ has been slated to hold on October 23, 2018 at the Event Centre, Nigerian Stock Exchange, building in Lagos. In a statement by World Stage Limited, the organisers, the summit will attract participation from the Presidency, National […]
The Managing Director of Nigeria Deposit Insurance Corporation (NDIC), Alhaji Umaru Ibrahim, on Tuesday disclosed that the corporation had paid a total of N11.50 billion to depositors, creditors, shareholders and other stakeholders of closed financial institutions as at end of last year. This is even as he hinted that N368.43 million was recovered by the […]