Some Nigerians Mistook Our Disbandment Of SARS As Weakness – Buhari
The President, Major General Muhammadu Buhari (retd), has said some Nigerians mistook as weakness, the swift response of his regime…
Day: October 22, 2020
This Housing Advocate Fled Violence In Nigeria. Now He Wants To End Homelessness In America
After fleeing homophobic violence and repression in Nigeria in 2016, public health and gay rights activist Edafe Okporo came to…
Port To Boost Business Activities In Onitsha – NIWA
The Federal Government has assured the Anambra State business community of robust maritime commercial transactions following the fixing of the…
Nigeria’s President Urges End To Street Protests As Gunfire Heard In Lagos After Protest Crackdown
Violence in Lagos has escalated since Wednesday, groups of young men and armed police clashed in some neighborhoods following a…
Africa To Fall Behind World Growth As Region Faces Slow Recovery
Sub-Saharan African economies face a slow recovery from the coronavirus pandemic and the region’s economic growth will fall behind the…
WEEKAHEAD-AFRICA-FX-Most African Currencies Seen Under Pressure
The Zambian, Kenyan and Ugandan currencies are expected to face pressure against the U.S. dollar next week while Tanzania’s is…
We’re Watching Events In Nigeria, International Criminal Court Says
Fatou Bensouda, ICC’s Prosecutor, said the international court was looking out for indications Rome Statute crimes were being committed. The…
US, African Union Urge End To Nigeria Violence – DW
The United States and the African Union have called for an end to the violence in Nigeria, as fresh unrest…
Nigerian President Criticised Over Response To Protests Crackdown
Nigeria’s president, Muhammadu Buhari, has been criticised for his muted response after security forces opened fire on people protesting against…
Sterling Slips Back Below $1.31; Steady Versus Euro
The pound fell versus the dollar on Thursday, but was steady against the euro, stabilising after cable surged to six…
IMF Expresses Concern Over Civil Unrest In Nigeria, Seeks Immediate Resolution
The International Monetary Fund (IMF) has expressed concern about the current unrest and attacks by hoodlums in Nigeria, especially in…
Oil Holds Near $40 A Barrel After Biggest Decline In Two Weeks
Oil held near $40 a barrel in New York after the biggest drop in two weeks on Wednesday following a…
Siberian Gold Deposit Has World’s Largest Reserves
Polyus PJSC, Russia’s largest gold producer, said its untapped Sukhoi Log deposit in Siberia holds the world’s biggest reserves. An…
Lekki Tollgate Security Cameras Not Removed, Says Sanwo-Olu
Governor Babajide Sanwo-Olu has debunked claims that security cameras at the Lekki Tollgate were removed Tuesday before the soldiers who…
FG Calls For Cooperation In Monitoring Illegal Minerals Trans-Border Trade
The Federal Government has called for collaboration of West African leaders in monitoring and halting illegal trans-border trade of solid…
Sterling Holds Near New Highs As Brexit Talks Restart
The pound slipped slightly on Thursday, but held close to six-week highs it touched on the previous day after news…
World Bank’s Advise On High Dollar Demand
The recent statement by the World Bank to the effect that the Central Bank of Nigeria (CBN) must ramp up…
Winners And Losers In Africa
Which countries will be Africa’s winners and losers at the end of the Covid-19-induced recession? We believe it makes sense…
12 Million People In Britain Will Struggle To Pay Bills, Watchdog Says
Some 12 million people in Britain are likely to struggle with bills and loan repayments as the COVID-19 pandemic continues…
Dollar Steadies Above Seven-Week Lows As Markets Await Clarity On U.S. Stimulus
The dollar was steady above seven-week lows on Thursday, gaining some respite as hopes of a fiscal package in the…
UN Condemns Lekki Killings, Calls For Reform Of Security Forces
The UN High Commissioner for Human Rights Michelle Bachelet on Wednesday strongly condemned the use of excessive and disproportionate force…
Currency In Circulation Rose To N2.426tn In September – CBN
Currency in circulation rose by N56.44bn in one month from N2.369tn as of the end of August to N2.426tn as…
Stakeholders Seek Improvement In Diaspora Remittances
Financial experts have said that Nigeria can attract high inflow and volume of Diaspora remittances with proper engagement and transparent…
Stock Market Loses N113bn As Investor Confidence Dampens
The stock market lost N113 billion yesterday as investors’ appetite, which has been high for days became dampened due to…
5,000bpd Imo Modular Refinery Ready For Operations – DPR
The 5,000 barrels per day Waltersmith Modular Refinery project in Imo State is ready for operations, the Department of Petroleum…
Hoodlums Take Over Lagos, Torch Public, Private Assets
Despite the 24-hour curfew imposed by the Lagos State Governor, Mr. Babajide-Sanwo-Olu, to curb the spread of violence arising from…
Nigerian Military Offered Wednesday To Deploy In Lagos If Needed – Governor
The Nigerian military offered on Wednesday to deploy in Lagos state if needed amid protests, the governor said on Thursday.…
Delta Imposes 48hrs Curfew, To Commence 6 Pm Today
The Delta State government has imposed a 48-hour curfew on the entire state commencing 6:00 p.m today, Thursday. Governor of…
AU Commission Condemns Killings During Nigeria Protests
Johannesburg – The AU Commission has condemned this week’s violence in Nigeria which has resulted in multiple deaths and injuries…
Lagos May Ease Curfew Friday – Sanwo-Olu
Lagos State Governor, Babajide Sanwo-Olu, has said the 24-hour curfew imposed on the state to curtail the arson and widespread…