Reuters – InfoStride News https://www.theinfostride.com Breaking News, Nigeria News and Top Stories Sun, 30 May 2021 01:40:35 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.theinfostride.com/wp-content/uploads/2015/07/cropped-The-InfoStride-Favicon-150x150.png Reuters – InfoStride News https://www.theinfostride.com 32 32 Apple to delay launch of podcast subscription service until June https://www.theinfostride.com/apple-to-delay-launch-of-podcast-subscription-service-until-june/ https://www.theinfostride.com/apple-to-delay-launch-of-podcast-subscription-service-until-june/#respond Sun, 30 May 2021 01:40:35 +0000 https://www.theinfostride.com/?p=295295 Apple is delaying the launch of a podcast subscription service until June; after some podcast creators had issues with delays in their shows appearing after uploading them, according to an email seen by Reuters.   Apple in April said it was introducing a service that would let podcast creators charge for their shows; with Apple [...]

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]]> https://www.theinfostride.com/apple-to-delay-launch-of-podcast-subscription-service-until-june/feed/ 0 Boko Haram Insurgency: Humanitarian Emergency Grips Nigerian Aid Camp – MSF https://www.theinfostride.com/boko-haram-insurgency-humanitarian-emergency-grips-nigerian-aid-camp-msf/ Thu, 23 Jun 2016 20:50:23 +0000 http://www.theinfostride.com/?p=133445 More than 1,200 people have died from starvation and illness at an aid camp in northeastern Nigeria that houses people fleeing the Boko Haram, medical charity Medecins Sans Frontieres said on Thursday. MSF said its team found 24,000 people, including 15,000 children, sheltering in the camp located on a hospital compound during a visit to Bama [...]

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]]> Nigeria’s Share Index Reaches 9-Month High As Banks, Consumer Stocks Gain https://www.theinfostride.com/nigerias-share-index-reaches-9-month-high-as-banks-consumer-stocks-gain/ Thu, 23 Jun 2016 20:46:08 +0000 http://www.theinfostride.com/?p=133446 Nigeria’s main share index neared a 9-month high today, after rising for a third straight day as investors poured cash into banking and consumer goods stocks. The stock market, which has the second-biggest weighting after Kuwait on the MSCI frontier market index, climbed 2.9 percent to 30,999 points by 1234 GMT, a level last seen on [...]

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]]> MTN Sets To Launch Mobile Banking To Boost Profit After $1.7b Fine In Nigeria https://www.theinfostride.com/mtn-sets-to-launch-mobile-banking-to-boost-profit-after-1-7b-fine-in-nigeria/ Thu, 23 Jun 2016 20:04:04 +0000 http://www.theinfostride.com/?p=133447 The new Chief Executive Officer of South Africa’s MTN, Rob Shuter, has been brought in to boost profits at Africa’s biggest mobile phone group after a $1.7 billion fine in Nigeria, by persuading its 200 million clients to use their handsets to store money and pay bills. But the hunt for returns by the outsider, [...]

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]]> Naira To Steady On Oil-Sector Dollar Flows After Peg Ditched https://www.theinfostride.com/naira-to-steady-on-oil-sector-dollar-flows-after-peg-ditched/ Thu, 23 Jun 2016 19:56:20 +0000 http://www.theinfostride.com/?p=133449 Nigeria’s naira could stabilise next week on increased dollar liquidity from month-end greenback sales by oil companies, while Ghana’s cedi is expected to slip on rising dollar buying. Nigeria’s naira was quoted within the range of 282-284 to the dollar at the interbank market on Thursday, a range it has been trading at since the [...]

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]]> CBN Sells Dollars For Fourth Day To Boost Foreign Exchange Liquidity https://www.theinfostride.com/cbn-sells-dollars-for-fourth-day-to-boost-foreign-exchange-liquidity/ Thu, 23 Jun 2016 19:44:46 +0000 http://www.theinfostride.com/?p=133448 Central Bank Nigeria (CBN) is selling dollars on the inter-bank market for the fourth day to ease dollar shortages after it floated the currency, traders said. The naira traded at 283 to the dollar at 1249 GMT, on volumes of $76.8 million, which traders attributed to the central bank intervention. The inter-bank market opened at [...]

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]]> Gunmen Kidnap Seven, Including Australians, In Southern Nigeria https://www.theinfostride.com/gunmen-kidnap-seven-including-australians-in-southern-nigeria/ Thu, 23 Jun 2016 19:35:57 +0000 http://www.theinfostride.com/?p=133444 Gunmen have killed a local driver and kidnapped as many as seven people in Calabar, Cross River State of Nigeria. At least three of whom kidnapped are Australian citizens and one an Australian resident, Australian Prime Minister Malcolm Turnbull said on Thursday. There was some initial confusion over the number of victims and nationalities of those [...]

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]]> Dangote Got A Fistful Of Dollars In Nigerian Currency Squeeze https://www.theinfostride.com/dangote-got-a-fistful-of-dollars-in-nigerian-currency-squeeze/ Thu, 23 Jun 2016 19:29:10 +0000 http://www.theinfostride.com/?p=133443 As Nigeria grapples with a foreign exchange crisis, one person stands out in the scramble to obtain hard currency: Aliko Dangote, Africa’s richest man. When the government restricted the supply of dollars in June 2015 to prop up the value of the Nigerian naira, firms owned by Dangote landed a healthy share of dollars available [...]

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]]> Factors To Watch In African Markets – June 23 https://www.theinfostride.com/factors-to-watch-in-african-markets-june-23/ Thu, 23 Jun 2016 19:22:10 +0000 http://www.theinfostride.com/?p=133442 The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on Thursday. GLOBAL MARKETS Asian stocks were up in hesitant trade on Thursday, as many investors sought shelter in safe-haven assets such as the Japanese yen and government debt as they braced for Britain’s vote on [...]

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]]> Mixed-Reactions Surface As Sadiq Khan Sworn In As The First Muslim Mayor of London https://www.theinfostride.com/mixed-reactions-surface-as-sadiq-khan-sworn-in-as-the-first-muslim-mayor-of-london/ Sat, 07 May 2016 23:17:03 +0000 http://www.theinfostride.com/?p=127952 The son of a Pakistani immigrant bus driver and a seamstress, Sadiq Khan of Britain’s opposition Labour Party was sworn in as Mayor of London on Saturday, becoming the first Muslim to head a major European capital after an election campaign marked by the ruling Conservatives’ efforts to link him to extremism. Khan defeated Conservative [...]

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]]> Panama Papers: Source Discloses Motive, Says Govt Should Protect Legitimate Whistleblowers https://www.theinfostride.com/panama-papers-source-discloses-motive-says-govt-should-protect-legitimate-whistleblowers/ Fri, 06 May 2016 20:34:46 +0000 http://www.theinfostride.com/?p=127850 Sueddeutsche Zeitung (SZ), one of Germany’s most reputable newspapers, said on Friday that the source of millions of documents leaked to the German newspaper from Panamanian law firm Mossack Fonseca had sent them a manifesto, saying his motivation was the “scale of injustices” the papers revealed. The source had never before publicly stated why he [...]

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]]> Massive Email Hacks Involving Mail.ru, Google, Yahoo and Microsoft Accounts Uncovered https://www.theinfostride.com/massive-email-hacks-involving-mail-ru-google-yahoo-and-microsoft-accounts-uncovered/ Thu, 05 May 2016 09:29:45 +0000 http://www.theinfostride.com/?p=127654 Hundreds of millions of hacked usernames and passwords for email accounts and other websites are being traded in Russia’s criminal underworld, a security expert told Reuters. The discovery of 272.3 million stolen accounts included a majority of users of Mail.ru, Russia’s most popular email service, and smaller fractions of Google;, Yahoo; and Microsoft; email users, [...]

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]]> Facebook Compensates 10-Year Old Instagram Hacker With $10,000 https://www.theinfostride.com/facebook-compensates-10-year-old-instagram-hacker-with-10000/ Thu, 05 May 2016 07:10:09 +0000 http://www.theinfostride.com/?p=127645 Facebook recently paid a $10,000 (£6,895) reward to a 10-year-old Finnish boy for detecting a bug in its picture sharing app Instagram. Jani, whose last name was not released for privacy reasons, is the youngest ever recipient of Facebook’s “bug bounty”, paid to users who find bugs or weaknesses in its platforms. “I wanted to see if Instagram’s [...]

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]]> Increased Worries Over Fall In World Stocks For The Second Successive Day https://www.theinfostride.com/increased-worries-over-fall-in-world-stocks-for-the-second-successive-day/ Wed, 04 May 2016 20:19:14 +0000 http://www.theinfostride.com/?p=127637 World stocks fell for the second successive day on Wednesday and metals prices declined, pressured by signs of a renewed and prolonged downturn in global growth. In a holiday-shortened week, share prices fell in Asia and Europe. The gloom looked set to carry over to Wall Street, according to index futures <ESc1> <1YMc1>. Lacklustre manufacturing [...]

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]]> Apple’s Stock Experiences Worst Week Since 2013 https://www.theinfostride.com/apples-stock-experiences-worst-week-since-2013/ Wed, 04 May 2016 19:24:00 +0000 http://www.theinfostride.com/?p=127633 Apple on Friday ended its worst week on the stock market since 2013 as worries festered about a slowdown in iPhone sales and after influential shareholder Carl Icahn revealed he sold his entire stake. Apple Shares, a mainstay of many Wall Street portfolios and the largest component of the Standard & Poor’s 500 index, have dropped [...]

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]]> Why The Banks and Tech Companies Move To Adopt Blockchain Technology https://www.theinfostride.com/why-the-banks-and-tech-companies-move-to-adopt-blockchain-technology/ Wed, 04 May 2016 19:15:02 +0000 http://www.theinfostride.com/?p=127630 As a debate raged across the internet Monday over whether the mysterious founder of the bitcoin digital currency had finally been identified, executives at a major bitcoin conference in New York had a simple message: we’ve moved on. That’s because bitcoin, the digital currency, has largely been supplanted by blockchain, the technology that underlies it, [...]

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]]> Moody’s Predicts Fall In Nigeria’s Oil Output By 2017 Unless More Investments Boosted https://www.theinfostride.com/moodys-predicts-fall-in-nigerias-oil-output-by-2017-unless-more-investments-boosted/ Sat, 21 Nov 2015 09:44:52 +0000 http://www.theinfostride.com/?p=108048 Nigeria’s oil output could drop by as much as 15 percent by 2017 unless the government attracts more investment and resolves cash shortages at state oil firms, a senior Moody’s analyst said on Wednesday. Africa’s biggest economy produces about 2.1 million barrels per day of oil with foreign and local companies through production sharing contracts [...]

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]]> Somalia > Car blast targets Presidential Palace https://www.theinfostride.com/somalia-car-blast-targets-presidential-palace/ Tue, 22 Sep 2015 07:49:21 +0000 http://www.theinfostride.com/?p=100344 A car bomb has exploded near the presidential palace in Somalia’s capital Mogadishu, police said. Ali Hussein, a police officer, told the Reuters news agency that there were casualties, without giving more details. “A suicide car bomb exploded outside the compound of the presidential palace. There were casualties but we are still investigating,” Hussein said. [...]

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]]> #Africa > Al-Shabab Group takes control of two Somali Towns https://www.theinfostride.com/africa-al-shabab-takes-control-of-two-somali-towns/ Sat, 05 Sep 2015 13:33:54 +0000 http://www.theinfostride.com/2015/09/africa-al-shabab-takes-control-of-two-somali-towns/ The al-Shabab group has taken control of two towns in two days in southwestern Somalia, an official and the group have confirmed, just days after its fighters attacked an African Union base in the same area. A spokesperson for al-Shabab told Reuters that the group had seized two small towns in the Lower Shabelle region; [...]

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