Investment analysts in the capital market have said that prices on the Nigerian Stock Exchange, NSE, may trade around current levels and even higher towards the end of the year. Analysts at Cowry Asset Management Limited expressed this view in a Report titled “H1 2017 Review and Outlook for H2 2017”. They projected a positive […]
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Nairametric define Stamp Duties as taxes paid to the Federal or State Government on documents such as Conveyances on sale, Bills of Exchange, Promissory notes, Agreements, Contracts, or even documents such as Letters and certificates of admission, Instruments of Apprenticeship, Insurance Policies etc. Any written document that is not stamped is not allowed to be […]
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More than a quarter (28%) of adults find it “impossible” to enjoy a holiday without alcohol, according to a new study. The survey by travel search firm Kayak also revealed that 10% of people have previously spent more on alcohol while on holiday than the cost of flights and accommodation. The figures emerged amid growing […]
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The rapidly declining average revenue per user (ARPU) for voice calls, continued constraint on access to foreign exchange (forex), government policy, naira devaluation, revenue loss to Over The Top (OTT) and others are reasons why a 100 per cent tariff hike on calls and data by the Nigerian Communications Commission (NCC) would be inevitable from […]
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A surge in agriculture has helped lift Africa’s biggest economies out of their slumps, but the recovery may be weak. Gross domestic product in Nigeria, the continent’s largest crude producer, advanced for the first time in six quarters in the three months ended June from a year earlier, growing 0.55 percent, the statistics agency said. […]
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Hurricane Harvey may achieve in global crude oil markets in a few days what OPEC and its allies have struggled to achieve in months – a tightening of supplies and a rise in prices. Harvey, which has been downgraded to a tropical storm, hit the coast of Texas on Friday as the most powerful hurricane […]
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“A Stranger in the House: a Novel” (Pamela Dorman Books, Viking), by Shari Lapena In her second thriller, Shari Lapena poses the question: How well do you know your spouse? It’s not exactly a new story device, but Lapena’s fresh approach makes it seem original in “A Stranger in the House.” While the novel is […]
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One way to grow the economy is to make it export-driven so it could become resilient to the vagaries of oil prices, the Chief Executive Officer, Nigerian Export Promotion Council (NEPC), Olusegun Awolowo, has said. He spoke during the Nigeria Initiative Economic Development luncheon in Abuja. He said services were already driving the economy, an […]
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Around the world, support is growing for electric cars. Automakers are delivering more electric models with longer range and lower prices, such as the Chevrolet Bolt and the Tesla Model 3. China has set aggressive targets for electric vehicle sales to curb pollution; some European countries aim to be all-electric by 2040 or sooner. Those […]
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Oil investors seem to buy the idea that recovery is finally underway after three years of gluts, but a price boom seems unlikely as the options market shows that at least until OPEC’s supply deal expires, producers will pounce on any rallies. The oil price has gained about 20 percent in the last two months […]
Read MoreTed Talks: Right now, billions of neurons in your brain are working together to generate a conscious experience — and not just any conscious experience, your experience of the world around you and of yourself within it. How does this happen? According to neuroscientist Anil Seth of University of Sussex, we’re all hallucinating all the […]
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Nigeria may be in for tougher times in the next few months with predictions of further decline of crude oil prices in the international market. But, to forestal the impact of the slide in crude oil prices, the Executive and the Legislative arms of government have been advised to quickly consider a downward review of […]
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