China Waves The Green Flag For FX Bulls
The Chinese yuan led commodity currencies higher against the dollar on Monday as investors lapped up risky assets on growing…
Day: July 6, 2020
Sterling Falls Vs Euro, Steady Vs Dollar; Support Measures In Focus
The pound fell against the euro and held steady against the U.S. dollar, as traders looked ahead to this month’s…
FG To Resume Third Mainland Bridge Repairs
The Federal Controller of Works in Lagos, Mr Olukayode Popoola, on Monday said consultations were on for another phase of…
Nigeria: ASHON To Harmonize Members’ Trading On FMDQ, NASD, LCFE
Barring unforeseen circumstances, there are strong indications that Association of Securities Dealing Houses of Nigeria (ASHON) has stepped up an…
Nigeria: OPS Backs CBN On Exchange Rates’ Unification
The Organised Private Sector (OPS) has commended the recent step by the Central Bank of Nigeria (CBN) towards unifying the…
‘Import-Substitution Key To Post-Pandemic Growth For Businesses’
With the sustained decline in the nation’s foreign reserves in the past months, some experts have advised Nigerian business owners,…
Dollar Steady Ahead Of Services Sector Data, Rising Stocks Sink Yen
The dollar held steady against most currencies on Monday as investors awaited data expected to show the U.S. services sector…
Nigeria Gets 2021 Deadline To Stop Dirty Fuel Imports
The Federal Government may have up till 2021 to stop the importation of dirty fuel into the country. The indication…
Naira To Depreciate Further As Demand Gap Widens
The Central Bank of Nigeria (CBN) may be forced to further retract its defence and depreciate the naira as the…
Equity Investors Rake N1.66tr Gains In Q2
Nigerian equities witnessed a major recovery in the second quarter with positive average return of 14.12 per cent within the…
Citibank Boss Tasks FG On Reforms To Increase FDIs
The Cluster Head in Sub-saharan Africa (SSA), Citibank, Mr. Akin Dawodu has advised the federal government to initiate reforms that…
Passengers To Pay Double For Domestic Flights
• NCAA Grounds 18 Aircraft, Bar Non-Compliant Operators • FAAN Issues Travellers’ Mandatory Safety Protocols • Palliative For Airlines Underway,…
After Hitting A 3-Year Low During The Week, Naira Stabilizes As Traders Wonder What Next
The CBN still continues to ward against currency speculators whon patronnize the black market. The exchange rate between the naira…
Six Airlines Resume Flight July 8
Six domestic carriers: Arik Air, Aero Contractors, Air Peace, DANA Air, AZMAN Air and Max Air are set to resume…
Sanwo-Olu: Churches, Mosques To Remain Shut In Lagos
•Cases hit 27,564, with 11,069 discharged and 628 deaths •FAAN rolls out guidelines for air travellers Governor Babajide Sanwo-Olu of…
Arik Air Resumes Domestic Flights July 8
Arik Air, on Sunday, announced the resumption of its domestic flights from July 8, following the Federal Government’s decision to…