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The Managing Director of Pinet Informatics, Engr. Lanre Ajayi, has said Nigerians must be persuaded to buy insurance products and services and not by compulsion as it is being done in the insurance industry, through the enforcement of compulsory insurances. Speaking in Lagos last week, Ajayi said people must see ...

While Nigeria faces shortage of foreign exchange, it is essential that critical sectors of the economy that would spur growth and development have access to dollars in order to speed up the recovery of the the nation’s economy. Last year, Nigeria was officially said to be in recession although the ...

A  school proprietor, Malam Aliyu Badmus, has called on the National Assembly to make a law prohibiting parents from enrolling children under the age of six in schools. Badmus told the News Agency of Nigeria (NAN) on yesterday in Ilorin that the falling standard of education in the country was ...

Thai stocks opened up 0.25% at the start of trade this morning.

Japan posted its first goods trade deficit in five months in January, logging red ink of ¥1.09 trillion ($9.7 billion), as imports increased more than exports on rising commodity prices, the government said Monday. Imports marked their first gain in 25 months, up 8.5 percent from a year earlier to ...

Growing optimism about the next iPhone has propelled Apple Inc. to record highs. Halfway around the globe, a lesser-known Taiwanese company is riding that same wave of euphoria. Hon Hai Precision Industry Co., the main assembler of the U.S. company’s smartphones, has gained 29 percent in the past year, with ...

Within hours of being sworn in, U.S. Treasury Secretary Steven Mnuchin’s counterparts from Tokyo to Berlin started telegraphing warnings to him: Please don’t call the yen weak. Be careful how you talk about cutting financial regulations — Europe is listening. As President Donald Trump waited a few weeks for the ...

A telephone owned by Adolf Hitler has sold at auction for $243,000. Andreas Kornfeld of Alexander Historical Auctions says the phone sold Sunday afternoon to a person who bid by phone. The auction house does not disclose the names of buyers. Bidding for the phone started at $100,000. The red ...

Tokyo Electric Power Company Holdings Inc. and Chubu Electric Power Co. are considering integrating their thermal power generation business in fiscal 2018, a report said Monday. Tepco, an embattled utility facing the gigantic cost of dealing with the nuclear crisis at the Fukushima No. 1 plant, and Chubu Electric may ...

Tourists are slowly returning to Egypt, easing pressure on a key sector battered by years of turmoil and the 2015 bombing of a plane carrying Russian holidaymakers. “There is an increase in the number of tourists. This situation was much better in January than in previous years,” tourism ministry spokeswoman ...