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Daniel Anomietei

Daniel Anomietei

Fidelity Bank
BANKING & FINANCE NEWSLETTER

Fidelity Bank Plc has announced the appointment of three executives directors. The three senior executives had their appointments ratified by the board of directors of the bank at its meeting held on Tuesday, March 19, 2019. The new ...
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Sterling
BANKING & FINANCE NEWSLETTER

Sterling held above $1.3 on Monday but traded in a narrow range reflecting nervousness in the market about key Brexit talks between Prime Minister Theresa May and the opposition Labour Party. Britain is due to leave the European ...
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Dollar
BANKING & FINANCE NEWSLETTER

The dollar fell against a basket of currencies on Monday as recent strong economic data has eased worries about the global economy, prompting investors to reduce safe-haven positions in the greenback. The euro moved further above a one-month ...
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Gold
CHEMICAL & PETRO-CHEMICAL NEWSLETTER

Gold prices rose to a more-than-one-week peak on Monday as the dollar slipped after data showed U.S. wage growth slowed last month, while investors awaited minutes of the U.S. Federal Reserve’s March meeting later this week. Spot gold ...
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Oil
NEWSLETTER OIL & GAS

Oil prices rose to their highest since November on Monday, driven by OPEC supply cuts, U.S. sanctions against Iran and Venezuela and fighting in Libya as well as strong U.S. jobs data. International benchmark Brent futures were at ...
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IOM
SOCIETY

The International Organisation for Migration (OM) has warned Nigerians of the booming organ harvest in parts of the Middle East, urging them to beware of fake foreign travel agencies. According to press statement signed by the National Protocol ...
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Dollar
INTERNATIONAL

Saudi Arabia on Monday denied a report that the kingdom is threatening to sell its oil in currencies other than the U.S. dollar if American lawmakers pass legislation targeting OPEC. Reuters reported last week that the Saudis had ...
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DMO
BUSINESS & ECONOMY

Lagos, Edo, Kaduna and Cross River states dominate the list of sub-national governments indebted to foreign bodies, statistics obtained from the Debt Management Office (DMO), has shown. Analysis of the DMO data showed that the four states have ...
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Buhari
BUSINESS & ECONOMY

President Muhammadu Buhari has called on world leaders to come up with proposals to create a digital world that is accessible, inclusive and safe to all. According to a statement by the president’s spokesman, Mr Femi Adesina, in ...
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Economic
BUSINESS & ECONOMY LABOUR

The Economic Recovery and Growth Plan (ERGP) of the Buhari administration was commended at the weekend in Addis Ababa, Ethiopia by the African Ministers of Labour, Employment and Social Affairs. Similarly, the ministers expressed their appreciation at the ...
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Zenith Bank
BANKING & FINANCE

Zenith Bank Plc has appointed Ebenezer Onyeagwu as its Group Managing Director (MD) and Chief Executive Officer (CEO). According to a public disclosure issued to the Nigerian Stock Exchange, Onyeagwu’s appointment will take effect from Saturday, June 1, ...
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INTERNATIONAL

The European Commission has fined General Electric (GE)  €52m for providing incorrect information during the former’s investigation under the EU Merger Regulation of the latter’s acquisition of LM Wind Power. The decision has no impact on the commission’s ...
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AfCFTA
BUSINESS & ECONOMY

The President of the African Export-Import Bank (Afreximbank), Benedict Oramah, has advised the Federal Government of Nigeria to sign the African Continental Free Trade Agreement (AfCFTA). The advice comes in spite of growing concerns among Nigerian manufacturers, over ...
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Dangote
OIL & GAS

The crude oil refinery being built by Dangote Industries Limited, according to the International Monetary Fund (IMF) will increase Nigeria’s trade balance by $2bn per year when completed. The Washington-based fund has stated that Nigeria, despite being a ...
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Wema Bank
BANKING & FINANCE

Wema Bank’s maiden hackathon, Hackaholics, announced its winners at a grand finale on Sunday, March 31, 2019. The event, hosted at Codeville, Wema Bank’s innovation lab, brought together some of the brightest minds in the country to be ...
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Onnoghen
LEGAL

The suspended Chief Justice of Nigeria (CJN) Justice Walter Onnoghen has resigned with immediate effect. TheCable reported that” ‘he turned in his resignation letter to President Muhammadu Buhari on Thursday evening, a day after the National Judicial Council ...
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Osaka
SPORTS

World No 1 Naomi Osaka has agreed a deal with Nike, the sports apparel giant has announced. The two-time Grand Slam champion, who had previously been tied to rival Adidas, will first wear Nike gear at the Stuttgart ...
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Boeing
AVIATION

Chairman, President and CEO, Boeing Company, Dennis Muilenburg, says the company will complete the software update of the Maneuvering Characteristics Augmentation System (MCAS) in 737 Max aircraft. Muilenburg disclosed this in a statement on Friday in response to ...
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Farmers
AGRIC BUSINESS

Managing Director and Chief Executive Officer of the Bank of Agriculture (BOA), Kabiru Adamu has said that, the bank under the President Muhammadu Buhari initiated Anchor Borrowers Programme (ABP) has disbursed over N90 billion to farmers in the ...
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Oil
NEWSLETTER OIL & GAS

Brent oil prices resumed their climb toward $70 per barrel on Thursday as expectations of tight global supply outweighed pressure from rising U.S. inventories and production. International benchmark Brent futures rose 16 cents to $69.47 by 1346 GMT. ...
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