Dollar Starts Week On Back Foot Ahead Of Data, Earnings
The U.S. dollar edged down in Asian trade on Monday as investors looked to looming…
Month: July 2020
Sterling Eyes 200-Day Moving Average At $1.27 As Risk Sentiment Improves
Sterling/dollar rose on Monday towards its 200-day moving average of $1.27, though it was last…
Forbes Rates University Of Lagos, Nigeria High In Producing Entrepreneurs
The University of Lagos, UNILAG, has been acknowledged as the third most productive school in…
WHO Worries As Covid-19 Cases Surpasses 13 Million World Wide
COVID-19 cases rose above 13 million across the world on Monday, climbing by one million…
Nigerian President Buhari Approves New Boards For NLNG, BGT
President Muhammadu Buhari has approved the newly reconstituted board of Nigeria Liquified Natural Gas(NLNG) and…
Nigerian Banks To Debit Debtors’ Accounts Directly
The Central Bank of Nigeria (CBN) has released guidelines on Global Standing Instruction (GSI) that…
Nigeria: ABCON Calls For Suspension Of Taxes, Tariff Hike
Association of Bureaux De Change Operators of Nigeria (ABCON), has called on the Federal Government…
South African Rand Firms As Dollar Wobble Lifts Emerging Currencies
South Africa’s rand firmed early on Monday, helped by increased risk appetite as investors bet…
Nigerians Fight For Economic Balance As Recession Beckons
The months ahead may be more daunting for the real sector as government’s debt-funding plans…
Experts Warn Against Impact Of Naira Devaluation On 2020 Budget
Economic experts have expressed concerns about the recent devaluation of the Naira by the Central…
Current Economic Realities Necessitated Naira Devaluation
Dipping oil prices, COVID-19, increasing debt, high poverty and unemployment have been identified as factors…
Flight Operations Restart In Kano Airport Amid Low Passengers
Domestic flight operations has resumed at Mallam Aminu Kano International Airport (MAKIA), Kano amidst strict…
Naira To Depreciate Further In Parallel Market
The sharp depreciation of the naira in the parallel market is set to continue this…
FG Threatens To Review Air Agreements With UK, Others Over ‘Unacceptable Treatment ‘Of Nigerian Carriers
The federal government Sunday said it would review its Air agreements with various countries as…
Navigating Nigeria’s Foreign-Exchange Maze On Path To Fair Value
Nigeria, under pressure from multilateral lenders, has vowed to untangle its Byzantine foreign-exchange regime that…
29 Nigerians Stranded In Lebanon Successfully Evacuated
29 Nigerians who were initially stranded in Lebanon have been successfully evacuated to the country.…
Currency Controls Boosting Black Market Patronage, Say Dealers
Financial Market Dealers have said the implementation of currency control, making it difficult for certain…
Air Peace Evacuates Nigerians From Malaysia, Thailand, Indonesia
Nigeria’s leading carrier, Air Peace, on July 10, 2020, dispatched, two B777 aircraft, with registration…
Looming Free Fall – How To Save The Naira
On Tuesday, the Central Bank of Nigeria, CBN, adjusted the value of the Naira to…
Why 58 Nigerian Medical Doctors Were Traveling Without UK Visas
Some facts have emerged why 58 Nigerian medical doctors who were denied departure to the…
Overland Airways To Resume Flights July 15
Overland Airways has announced the resumption of its flight services with effect from July 15,…
Exclusive: Buhari Ordered DSS To Investigate Magu Since 2018
Unknown to Ibrahim Magu, President Muhammadu Buhari had directed the Department of State Services (DSS)…
Report Cites Nigeria In Dubai Global Corruption Saga
A new report has identified Nigeria as one of the major countries whose citizens use…
Why Insurance Firms Are Selling Off Their PFAs
The idea of mitigating risks and curtailing losses at the bare minimum begins from the…
Nigerian Government Hands Over National Theatre To Bankers Committee
The Minister of Information and Culture, Alhaji Lai Mohammed, has said he will on Sunday…
Wife Of Brazil’s President Bolsonaro, And Her Two Daughters, Test Negative For Coronavirus
Michelle Bolsonaro, the wife of Brazilian President Jair Bolsonaro who is sick with the new…
Huawei To Request UK To Delay 5G Network Removal
China’s Huawei Technologies has requested a meeting with UK Prime Minister Boris Johnson to work…
China Raises Flood Alert To Second Highest Level
China on Sunday raised its flood response alert to the second highest grade as downpours…
Tesla Slashes Model Y SUV Price As Pandemic Weighs On Auto Sector
Tesla Inc (TSLA.O) cut the price of its sport utility vehicle Model Y by $3,000,…
Saudi Telecom Extends Vodafone Egypt Stake Purchase For Second Time
Saudi Arabia’s largest telecoms operator Saudi Telecom Co (STC) (7010.SE) said on Sunday it would…