Market Overview Markets traded higher this week on vaccine developments and navigated through U.S. earnings in an acceptable fashion. China’s 2Q growth beat (3.2%) was marred by weak retail sales, which led to some equity panic, although volatility was contained regionally without a major spill-over. The same followed after Singapore’s weak GDP print. A heavy […]Continue Reading
MultiChoice Nigeria, the country’s leading cable TV provider ,has invested an estimated $2.1 billion in the Nigerian economy, in the past five years ,a recent study by Accenture has said.Multichoice which operates the DSTV and GoTV platforms had commissioned the study, to measure the socio-economic impact of its business in Nigeria between 2015 and 2019.Accenture […]Continue Reading
The Private Jet Operators Association in Nigeria have disclosed a loss of five billion dollars as a result of the COVID-19 pandemic. Omotade Lepe, Chief Operating Officer of the association, made this disclosure during the Luxury Reporter Facebook Live Series with the theme, “The Private Jets Sector Post- COVID-19″ held last week. Lepe stated that […]Continue Reading
The Federal government has disclosed that it plans to re-open five major airports in the country on June 21. The others are expected to remain closed for further assessment. The airports scheduled for re-opening June 21 are : Nnamdi Azikwe International Airport Abuja, Murtala Muhammed International Airport, Lagos, Mallam Aminu Kano International Airport Kano, Omagwa […]Continue Reading
Olowo who was speaking during the 2020 Ministerial Press Briefing to mark the first year in office of Lagos State Governor, Babajide Sanwo-Olu said that the state government plans to review the increase in land use charge assessment to accommodate the agitations of residents and to reduce the financial pressure on citizens as it relates […]Continue Reading
President Muhammadu Buhari has designated telecommunications masts ,towers and booster stations deployed by GSM network operators as critical national infrastructure .The President has also ordered security agencies especially the Department of State Security, DSS to do all they can to protect them. According to a statement signed by the spokesperson to the Minister of Continue Reading