PM Asks ‘Tax Havens’ To Return Stolen Wealth Of Poor Countries
Prime Minister Imran Khan, while stressing the need of strengthening international cooperation to bring perpetrators of financial crime to justice,…
Day: September 25, 2020
International Mechanisms For Asset Recovery Not Good Enough – Buhari
President Muhammadu Buhari said there is a compelling need to strengthen international cooperation in the global effort to curtail the…
Nigerian Collecting Illegal $36,000/Month From Ship Owners
The Minister of Transportation, Rotimi Amaechi, has registered his displeasure with continuous patronage of illegal habours known as secure anchorage…
Pound Fights Back As U.K. Readies New Measures To Support Recovery
Investing.com – The pound found its footing against the dollar Thursday, after the U.K. unveiled fresh measures to protect jobs…
An In-Depth Analysis On Mining In Nigeria
The economy in Nigeria has been growing slowly since the oil price slump of 2014. Since then, volatility of global…
US Announces Proposed Rule On Period Of Stay For International Students, Exchange Visitors, Foreign Media
The United States has announced a proposed rule establishing a fixed period of stay for international students, exchange visitors and…
Govt Warns Against Exploitation Of Seaport Operators
Abuja — Minister of Transportation, Rotimi Amaechi, has charged regulatory bodies to reduce the cost of doing business by checking…
Protesters At Nigerian Embassy Call For Foreign Nationals To ‘Go Back Home’
The Nigerian High Commissioner to South Africa Kabiru Bala stood his ground on Wednesday refusing to accept that all his…
Nigeria Not Constructing Rail Line To Niger Republic – Presidency
The Senior Special Assistant to the President on Media and Publicity, Mallma Garba Shehu, yesterday said Nigeria was not building…
Nigerian Oil, Gas Suppliers Lament N320bn Loss, Back Deregulation
The Natural Oil and Gas Suppliers Association of Nigeria (NOGASA) yesterday bemoaned its huge losses to the tune of N320…
Gbajabiamila: Insecurity Threatening Existence Of Nigeria
The Speaker of the House of Representatives, Hon. Femi Gbajabiamila, has said the challenges of insecurity confronting Nigeria is threatening…
Naira Stabilizes Across Forex Markets, As BDCs Get Another Round Of Dollar Allocation
Forex turnover improved by 43% as Nigeria’s exchange rate at the NAFEX window stablized to close at N386/$1 during intraday…
Commodities Exchange Turns To Blockchain To Increase Funding For African Farmers
Technology adoption will increase transparency for funders and provide liquidity for hundreds of smallholder farmers amidst COVID 19 downturn. AFEX…
Survival Fund: Nigerian Govt Speaks On Applicants Paying Facilitation Fee For MSMEs Grant
The Federal Government says applicants will not pay any ‘facilitation fee’ to access its intervention grant for Micro, Small and…
US To Restrict Students From Nigeria, Others To Two-Year Courses
The United States is set to restrict students from Nigeria and others from admission of more than two years. This…
FG Denies Persecuting Christians, Earmarks N13b For Community Policing
Abuja has dismissed allegations from the west that it was persecuting Christians in Nigeria. This came as it urged the…
EFCC Recovers Unremitted N4.16b From Lottery Firms
The Acting Chairman of the Economic and Financial Crimes Commission (EFCC), Mohammed Abba, said yesterday the commission recovered over N4.16…
174,574 Apply For COVID-19 N75bn MSME Survival Fund
Within 48 hours a total of 174,574 persons successfully registered for the N75bn National MSME Survival Fund and the Guaranteed…
Govt Committed To Elimination Of Gas Flaring By 2021 – Sylva
Minister of State for Petroleum Resources, Chief Timipre Sylva, says the Federal Government is committed to ensuring the elimination of…
Dollar Off Two-Month Peak But On Course For Best Week In Six Months
The U.S. dollar dipped from a two-month peak on Friday as renewed hopes of fresh U.S. stimulus eased investors’ concerns…
NEPC: Nigeria Can Earn Forex From Mushroom
The Nigerian Export Promotion Council (NEPC) yesterday said the country could significantly improve on its foreign exchange (forex) through investment…
Accelerating Bitcoin Trading In Nigeria
One of the more remarkable instruments of freedom and prosperity that has emerged over the last two decades is the…
FX Crunch: Anger, Frustration As Banks Ration Dollar Among Customers
Nigerian banks are now rationing forex withdrawals by customers, TheCable can report. The economy has suffered a double blow from…
CBN Pulls Rate Cut Trigger, King Dollar Returns
In a move that caught investors off-guard this week, the Central Bank of Nigeria (CBN) slashed interest rates by 100…