December 12, 2019
  • December 12, 2019

Thieves Break Into Germany Museum, Steal Jewels, Treasures Worth ‘Up To €1 Billion’

by on November 25, 2019 0

Thieves grabbed jewels and other treasures worth up to a billion euros from an eastern German museum in the early hours of Monday, Bild newspaper reported. The intruders cut the electricity supply in Dresden’s Gruenes Gewoelbe, or Green Vault museum, which houses one of Europe’s largest collections of jewelry and court riches, the newspaper...

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Nigerian Stock Index Up 1.91 % To Five-Week High On Banking Gains

by on November 14, 2019 0

Investors’ appetite for banking stocks pushed up the Nigerian Stock Exchange (NSE) main index to a five-week high as the all-share index rose 1.91 percent on Thursday. Stockbrokers said investors’ hunger for banking stock was driven by the restriction of individual and institutional investors’ from buying local debt by the central bank. At Wednesday’s...

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UBA Teams Up With British Airways To Reward Customers

by on November 7, 2019 0

The United Bank for Africa (UBA) and British Airways on Wednesday announced a partnership that will create incentives and reward their loyal customers who are cardholders of the lender. According to a statement by the two organisations, the incentives based promotion, which will last for six months from November 2019, will ensure that UBA...

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Ex-NCC Boss Ndukwe To Quit Access Bank Board

by on November 5, 2019 0

A former executive Vice Chairman of the Nigerian Communications Commission (NCC) Ernest Ndukwe has resigned his position as a director of Nigerian biggest bank by assets Access Bank Plc, effective from March 2020, the lender announced on Tuesday. Ndukwe joined the board of Access Bank as an Independent Non-Executive Director in January 2013. In...

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Will Wage Increment Spur Nigeria’s GDP Growth In 2020?, Asks United Capital

by on November 5, 2019 0

Recently, the FGN approved wage increment for civil servants following stand-offs with the Labour Union. By 2020 budget estimates, this will be funded by tax increments and related revenues. One argument for the wage adjustment, despite the funding burden, is the likely net positive impact on output growth. By expenditure approach, Consumption accounts for...

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