By:
On:
In: Business
With: 0 Comments

Investors traded 2.024 billion shares valued at N110.773 billion in 173,113 deals on the Nigerian Exchange Limited (NGX) last week, as renewed selling pressure wiped N206 billion off the market’s capitalisation. The market’s bearish performance saw the benchmark NGX All-Share Index (ASI) decline by 0.97 per cent week-on-week to closeContinue Reading

By:
On:
In: Business
With: 0 Comments

The African Petroleum Producers Organization (APPO) is pushing for stronger national oil companies across the continent and improved negotiations with international oil companies (IOCs) to ensure host countries derive greater benefits from their oil and gas resources. The Secretary-General of APPO, Farid Ghezali, disclosed this during Africa Energy Week inContinue Reading

By:
On:
In: Axon, Business, Gaza, Global development, Israel, Israel-Gaza war, Middle East and north Africa, Palestine, Prisons, Sexual violence, Taser electronic weapons, Torture, War crimes, World news
With: 0 Comments

Investigation suggests American company Axon still supplies Israel with Taser weapons despite evidence they have been used to torture prisoners The soldiers drag the man into a section of the prison known as Hell’s Wing, a metaphor for its notoriety for acts of brutality. Shoving him violently into a corner,Continue Reading

By:
On:
In: Business, Communities, Europe, Greece, Housing, Society, Spain, Venture capital, World news
With: 0 Comments

When we can’t even afford to rent or buy somewhere to live, we have to ask: did we give the financial sector too much power? Leilani Farha is the former UN special rapporteur on adequate housing In the summer of 2021, I visited a homeless community in a park inContinue Reading

By:
On:
In: Business, Cybercrime, Data and computer security, Europe, European Union, Food, France, Hacking, Internet, Paris, Retail industry, Supermarkets, Technology, World news
With: 0 Comments

Whether it was youngsters proving their skills or state sabotage, Europe’s most hacked country was left with a mountain of waste after food began cooking in freezers Shortly before midnight last Sunday, the digital thermostats controlling hundreds of supermarket cold aisles across France began to flicker and rise. In aContinue Reading

By:
On:
In: Bank recapitalisation, banks, Business, CBN, IMF
With: 0 Comments

THE International Monetary Fund (IMF) has identified stronger banking supervision, adequate capital and liquidity buffers, and timely recognition of bad loans as critical next steps for Nigeria following its banking sector recapitalisation exercise, warning that increased capital alone cannot guarantee financial stability. The Central Bank of Nigeria (CBN) said 33Continue Reading