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Category: Business

Nigerians react to Skye Bank licence revocation

Financial experts and shareholders on Saturday expressed mixed reactions over the decision of the Central Bank of Nigeria (CBN) to revoke the licence of Skye Bank. The stakeholders expressed their… Read more »

Business CBN, SEC, Skye Bank

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Africa Signal Magazine

Nigerians react to Skye Bank licence revocation 24th September 2018
Financial experts and shareholders on Saturday expressed mixed reactions over the decision of the Central Bank of Nigeria (CBN) to revoke the licence of Skye Bank. The stakeholders expressed their views in separate interviews with the News Agency of Nigeria (NAN) in Lagos, while reacting to the revocation of the licence of Skye Bank by […]
Samuel Odebowale
Singapore fines Uber, new partner, Grab $9.5 million 24th September 2018
Singapore’s anti-trust watchdog fined ride-hailing firms Grab and Uber, a combined 9.5 million dollars over their merger-deal, and ordered Uber to sell vehicles from its local leasing business to any rival that makes a reasonable offer. The deal invited regulatory scrutiny in the region, with the Competition and Consumer Commission of Singapore (CCCS) in a […]
Samuel Odebowale
Oil demand to peak at 104.4 million bpd 24th September 2018
World oil demand will peak at 104.4 million barrels per day (bpd) in the mid-2030s, up from just below the current 100 million bpd. It shall be so as new technologies gradually eat into oil use, China’s Unipec said on Monday at the annual Asia Pacific Petroleum Conference (APPEC) in Singapore. Unipec President Chen Bo […]
Samuel Odebowale
How Joshua overpowered Povetkin 24th September 2018
Britain’s Anthony Joshua retained his world heavyweight titles by inflicting the first stoppage defeat of Alexander Povetkin’s professional career with a ruthless seventh-round finish at Wembley Stadium on Saturday. A previously close contest turned in Joshua’s favour decisively when he sent the Russian crashing to the canvas with a straight right hand and left hook. […]
Samuel Odebowale
D’Tigress stun Turkey in FIBA Women’s World Cup 24th September 2018
D’Tigress, Nigeria’s female basketball team made history at the ongoing FIBA Women’s World Cup in Spain as they stunned Turkey 74-68 in the Group B game decided on Sunday in Tenerife. It was Nigeria’s first-ever FIBA Women’s World Cup victory and the first time the female team would defeat any European opponent. With the victory, […]
Samuel Odebowale

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