Showing posts with label Business. Show all posts
Showing posts with label Business. Show all posts

Wednesday, August 7, 2019

NNPC to re-start Chad Basin oil search

NNPC denies plans to relocate NGC’s HQ from Niger Delta
THE Nigerian National Petroleum Corporation (NNPC) on Tuesday expressed its preparedness to re-commence full oil search at the Chad Basin, Gongola and Benue Trough. It is therefore seeking for military support for the protection of its workers and high-tech equipment.

Tuesday, August 6, 2019

Keystone Bank realigns to energise growth, appoints new EDs

Keystone Bank realigns to energise growth, appoints new EDs, sunshevy.blogspot.com

The Board of Directors of Keystone Bank Limited has announced the appointment of three new Executive Directors.

Saturday, August 3, 2019

Even Federal Reserve Chairman Jerome Powell is missing the real problems with America's housing market

Even Federal Reserve Chairman Jerome Powell is missing the real problems with America's housing market, sunshevy.blogspot.com
During a recent hearing before the Senate Banking Committee, Federal Reserve Chairman Jerome Powell was asked about the housing shortage. Powell responded, "What we hear from home builders is a series of factors that are really holding them back and challenging affordability."

China claims progress on creating world’s largest trade bloc, but ‘very difficult’ issues remain

China claims progress on creating world’s largest trade bloc, but ‘very difficult’ issues remain, sunshevy.blogspot.com
A meeting of trade ministers attempting to create the world’s largest trading bloc without the United States wrapped up in Beijing on Saturday, with China claiming further progress, though there were “very difficult” negotiations ahead.

Nigerian Stock Exchange Returns To Negative Territory, Market Indices Drop By 0.43 Percent

Nigerian Stock Exchange Returns To Negative Territory, Market Indices Drop By 0.43 Percent, sunshevy.blogspot.com
The crucial market indices of the Nigerian Stock Exchange (NSE) on Friday returned back to negative territory after a day growth, dropping by 0.43 percent.

Friday, August 2, 2019

Nestlé Nigeria nets N26b profit in 6 months

Nestlé Nigeria nets N26b profit in 6 months, sunshevy.blogspot.com
Nestle Nigeria Plc recorded a well-rounded performance in the first half with increased sales and profitability.

Wednesday, July 31, 2019

Dangote targets consumers to raise Nigerian market share

Image result for Dangote picture
Dangote Cement will sell to consumers directly to boost growth and overcome tough competition in its home market, the company ‘s chief executive officer said.

Monday, July 29, 2019

NNPC warns violators of pipelines’ right-of-way

NNPC warns violators of pipelines’ right-of-way, sunshevy.blogspot.com
The Nigerian National Petroleum Corporation (NNPC) 
The Nigerian National Petroleum Corporation (NNPC) has raised the red flag on what it called “flagrant and dangerous” violation of its pipelines’ right-of-way by some individuals and communities along the corridor of the system 2E pipeline network stretching from Port Harcourt (Rivers State) through Aba (Abia), Enugu (Enugu) up to Makurdi (Benue).

Thursday, July 4, 2019

FOUR WAYS BREXIT HAS RATTLED CPOS - PROCUREMENT NEWS

FOUR WAYS BREXIT HAS RATTLED CPOS - PROCUREMENT NEWS, sunshevy.blogspot.com
As cross-party Brexit talks collapsed, stockpiling reached its highest level since records began in the 1950s. A final decision on Brexit looks like it has, yet again, been thrust into the distance. 

Exports To Huawei Still Subject To “Highest Scrutiny”

Exports To Huawei Still Subject To “Highest Scrutiny”, sunshevy.blogspot.com

The United States government department responsible for controlling the exporting of US goods to Huawei has insisted the Chinese firm remains under the closest of scrunity.

Stocks surge on Lagarde nomination to ECB

Stocks surge on Lagarde nomination to ECB, sunshevy.blogspot.com
Christine Lagarde was nominated on Tuesday to take over at the helm of the European Central Bank.

Wednesday, July 3, 2019

Warri Refinery Shutdown: How NNPC Reacts To 500 Angry Workers, Youths

Warri Refinery Shutdown: How NNPC Reacts To 500 Angry Workers, Youths, sunshevy.blogspot.com
We have casuals in all of our subsidiaries, including the headquarters and many of them applied, and they are undergoing interviews now. Jemi Mene-Ijegi, National Secretary of the Itsekiri National Youth Council

Kenya Airways Selects GE Aviation for Digital Flight Operations

Kenya Airways Selects GE Aviation for Digital Flight Operations, sunshevy.blogspot.com
L-R: Adam Ward (GE Aviation), Sean Moser (GE Aviation), Paul Njoroge (Director Operations, KQ) Andrew Coleman (GE Aviation) Clare Ward (CIO, KQ) & Isam Moursy ( VP, GE Aviation Africa). Seated L-R: John Mansfield (Chief Digital Officer, GE Aviation) & Sebastian Mikosz (CEO, KQ)

Breaking:Bond yield slump hits dollar, pound; Swedish crown the exception

Bond yield slump hits dollar, pound; Swedish crown the exception, sunshevy.blogspot.com
The dollar slipped to a one-week low against the Japanese yen on Wednesday, undermined by the steady fall in U.S. Treasury bond yields, fading optimism over the Sino-U.S. trade deal and the possibility of fresh tariff hostilities with Europe.
"Scott Borchetta never gave Taylor Swift an opportunity to purchase her masters, or the label, outright with a check in the way he is now apparently doing for others," says Don Passman. Taylor Swift 's attorney, Don Passman , has now stepped into the battle between the superstar singer, Big Machine Label Group's founder/CEO Scott Borchetta and Scooter Braun , whose Ithaca Holdings purchased BMLG (including Swift's master recordings) June 30 for more than $300 million. In a statement on Tuesday (July 2), Passman said, "Scott Borchetta never gave Taylor Swift an opportunity to purchase her masters, or the label, outright with a check in the way he is now apparently doing for others." After the purchase was announced, Swift quickly took to Tumblr to call Braun's purchase her "worst case scenario," saying she has suffered "incessant, manipulative bullying...at his hands." She added, "For years I asked, pleaded for a chance to own my work. Instead I was given an opportunity to sign back up to Big Machine Records and 'earn' one album back at a time, one for every new one I turned in." A few hours later, Borchetta dismissed Swift's assertion in a post titled "So, It's Time For Some Truth." Borchetta claimed "100% of all Taylor Swift assets were to be transferred to her immediately upon signing the new agreement. We were working together on a new type of deal for our new streaming world that was not necessarily tied to 'albums' but more of a length of time... Taylor had every chance in the world to own not just her master recordings, but every video, photograph, everything associated to her career. She chose to leave." In a response to a proposal between Swift's management team and Passman named "TS Proposal" and dated Aug. 15, 2018, BMLG agreed that "Upon execution [of a new contract], "BMLG shall assign to TS all recordings (audio and/or visual), artwork, photographs and any other materials relating to TS which BMLG owns or controls." The two parties could never come to terms and in November, Swift left BMLG for a global deal with Universal Music Group. However, the masters for her first six albums remain with BMLG and are now owned by Ithaca Holdings. Today's move is a highly unusual one for Passman, who almost never comments on artists' deals and declined to comment beyond the statement to Billboard. Unclear is where Borchetta ever inferred that Swift could buy back her masters or the label and if the "others" mentioned in the statement is Braun-- or other artists. Since the sale was announced, acts have lined up for Team Swift or Team Braun, creating the most public battle about an artists' masters in recent memory. Big Machine Label Group declined to comment. Swift's representative could not be immediately reached. SHARE THIS:       BUSINESS Taylor Swift's Attorney Says Singer Never Had a Chance to 'Outright' Buy Back Her Masters From Big Machine, sunshevy.blogspot.com
"Scott Borchetta never gave Taylor Swift an opportunity to purchase her masters, or the label, outright with a check in the way he is now apparently doing for others," says Don Passman.

Monday, July 1, 2019

Bringing Blockchain to the Masses

Image result for Bringing Blockchain to the Masses

Mainstream adoption of blockchain across multiple sectors is arguably still a way off. While we hear of the plethora of benefits the technology can bring to finance, healthcare and education, in reality, long-established systems are not so easy to overhaul. 

The Oil Crisis Saudi Arabia Can't Solve


Saudi Arabia’s CEO Amin Nasr’s message to the press that oil flows to the market are guaranteed, should be taken with a pinch of salt.

Incoming Irish central bank chief to address leak controversy

Image result for Incoming Irish central bank chief to address leak controversy, sunshevy.blogspot.com
Ireland’s incoming central bank governor will make a statement on his handling of a leak of sensitive budget information in New Zealand before starting his new job in September, Ireland’s finance minister said on Monday.

Minimum Wage: Organised Labour commences mobilisation over delay

NUC, Kaduna, TUC
Alarmed by persistent government’s efforts to derail the implementation of a new National Minimum Wage, organized labour has commenced mobilisation of its members nationwide to prepare them for the next line of action.