Microsoft Corp on Wednesday said the Surface Duo, its dual-screen smartphone powered by Alphabet Inc’s Android operating system, will start at a price of $1,399 and arrive in stores beginning September 10. The Surface Duo folds closed like a book. Unlike devices such as Samsung Electronics Co Ltd’s Galaxy Z Fold 2 that use […]
Twitter Inc (TWTR.N) on Tuesday rolled out a moderation feature that would allow its users to limit how many people can reply to their tweets, giving account-holders more control over conversations on their page. All accounts, including those of elected officials, can now select the people who will be allowed to reply while composing […]
With the Central Bank of Nigeria (CBN)’s recent release of guidelines on its Healthcare Sector Research and Development Intervention Scheme (HSRDIS), the Federal Government can now claim that Nigeria is among nations that are taking steps to develop a vaccine and drugs against the COVID-19, writes Tony Chukwunyem I n early April, […]
Ships now stay at the port for over 50 days because of corruption and abuse of discretionary powers by government agencies in the cargo clearing process, BAYO AKOMOLAFE reports U nhealthy competition among government agencies in the inspection of cargoes at the port has created heavy burden for importers in the process […]
COUNSEL Governments should adopt ‘balance sheet’ approach in managing finances The World Bank and two major accounting bodies, the Association of Chartered Certified Accountants (ACCA) and the International Federation of Accountants (IFAC), have called on governments around the world to find ways of avoiding having to reduce spending and increasing taxes after the coronavirus […]
POSITIVE CBN expected to resume sales to BDCs when international flights resume T he Federal Government’s announcement, last week, that international flights would resume in weeks, has pushed Bureaux De Change (BDC) operators in the country into making preparations for an imminent resumption of foreign exchange sales in their segment of the market, findings […]
Financial disclosure remains one of the key post-listing requirements quoted firms are expected to adhere to in order to boost investors’ confidence S tock market all over the world is information driven. This is because investors do not see the physical products such as shares and stocks of companies they are buying, but rather […]
T he African Risk Capacity (ARC) and the Africa Centres for Disease Control and Prevention (Africa CDC) have launched two COVID-19 modelling tools for Africa: “COVID-19 Potential Outcomes Scenarios and COVID-19 Spread Simulation Tool for Africa.” In a statement, the organisations said the tools would help African Union (AU) Member States in evaluating […]
I n response to the COVID-19 inspired shutdown of schools in Lagos State, the Nigerian subsidiary of pan-African insurance firm and global financial services provider, Old Mutual Limited, has partnered the Lagos State Ministry of Education to drive remote learning for students in vulnerable communities. Senior representatives from Old Mutual and the Lagos […]
T he Basel Committee has released operational resilience and principles for the Sound Management of Operational Risk (PSMOR) consultative documents. In a statement posted on its website, the Committee said: “In recent years, the growth of technology-related threats has increased the importance of banks’ operational resilience. The Covid-19 pandemic has made the need […]