President Muhammadu Buhari has explained what the Federal Government is doing to attain food security in Nigeria. He spoke on Thursday while participating in the Food Systems Summit, as part of the High-Level meetings of the 76th Session of the United Nations General Assembly in New York, the United States. The President disclosed […]
Month: September 2021
Evergrande: Investors in the dark over $83m bond payment
Investors were left in the dark after troubled property giant Evergrande missed a deadline for a $83.5m (£61m) interest payment. The Chinese firm is yet to make an announcement regarding the payment, which was due on Thursday. Earlier in the week, the company said it had struck a deal over another interest payment […]
Empowering women, youths vital to Africa’s transformation agenda
The United Nations Economic Commission for Africa (UNECA) has said that empowering women and youths was vital to value creation and promotion of economic growth in Africa. Mrs Ngone Diop, Sub-Regional Director, West Africa Office, UNECA, stated this in Lagos, in her presentation at the ongoing West Africa Business Forum under the theme: […]
Ex-Cop convicted of George Floyd’s murder files appeal
Former Minneapolis, Minnesota policeman Derek Chauvin has appealed his conviction for the murder of George Floyd, citing 14 complaints related to his trial earlier this year. The death of Floyd, a 46-year-old Black man, in May 2020 sparked America’s biggest demonstrations for racial justice in decades. Chauvin, who in June was sentenced to […]
European markets close strong; US extends rally
European stock exchanges closed strong Wednesday for a second consecutive day, recovering from massive losses recorded on Monday. The STOXX Europe 600, which includes around 90% of the market capitalization of the European market in 17 countries, was up 4.52 points, or 1%, to close at 463.20. London’s FTSE 100 gained 102 points, or 1.47%, […]
Evergrande stock surges even as major ally plans to sell all its shares
It’s crunch time for China’s heavily-indebted Evergrande Group. The sprawling Chinese real estate conglomerate faces a critical test on Thursday: can it meet its obligations to bondholders, or will it slip closer to default? Evergrande is due to pay $83.5 million worth of interest on a dollar-denominated bond, according to data from Refinitiv. […]
US FDA authorizes third dose of Pfizer Covid-19 vaccine for older Americans
The US Food and Drug Administration on Wednesday authorized a booster dose of the Pfizer Inc and BioNTech Covid-19 vaccine for those aged 65 and older and some high-risk Americans, paving the way for a quick rollout of the shots. The booster dose is to be administered at least six months after completion […]
UNECA engages women, youths in businesses in W/Africa
The United Nations Economic Commission for Africa (UNECA) has said the ongoing West Africa Business Forum is to support women and youth entrepreneurs grow and sustain their businesses. Mrs Ngone Diop, Sub-Regional Director, West Africa Office, UNECA said this in an interview with the News Agency of Nigeria (NAN) at the forum in […]
Five things to know about the London Fashion Week
London Fashion Week closed with a flourish Tuesday, the first major return to live runway shows in the British capital in 18 months following the coronavirus pandemic. Here are five points that stood out from the London spring/summer 2022 collections: Back to normal… sort of February’s edition was held online and a few […]