Inquiry Probes Shooting of Lagos Protesters, Police Abuses
Abuja, Nigeria – A judicial panel investigating police brutality in Nigeria and the recent shooting of unarmed protesters in the…
Day: October 26, 2020
Nigeria Considers Supplying Electricity To Chad
The Federal Government is considering supplying electricity to the Republic of Chad following a recent request by the neighbouring country.…
Nigeria’s Wheat Production Output Suffers Setback
The ability of farmers to meet the expected output of wheat produced locally has suffered a setback due to inadequate…
Goldman is calling a bull market for commodities in 2021 on dollar moves and inflation risk
Gold bullion bars are pictured after being inspected and polished at the ABC Refinery in Sydney on August 5, 2020.…
Libya Reopens Last Major Oil Field in Another Blow to OPEC+
Libya is set to restart the last of its major oil fields following a ceasefire in its civil war, a…
Exports Of Used Cars Are A Pollution Problem, U.N. Warns
Rich countries are sending millions of older, dirtier vehicles abroad, in a trade that’s largely unregulated, even as they mandate…
Looting Continues Nationwide
Buckling under the resurgence of the coronavirus in Europe, the Spanish government on Sunday declared a national state of emergency…
Rebuilding Ruins Of Violence Amid Low Revenues
The Shoprite shopping mall in Lekki Phase 2 was looted on October 22, 2020, after the army repressed peaceful protestors…
Tanker Operator Thanks Britain For Storming Vessel After Stowaways Turned Hostile
The operator of an oil tanker stormed in the English Channel by British special forces thanked the authorities on Monday…
Chinese Products Top Nigeria’s Imported Goods List – NBS
A total of 31.41 per cent of goods imported into Nigeria are from China, according to the National Bureau of…
CBN And N120bn Cotton Sector Intervention
The cotton value chain in Nigeria once created employment opportunities for well over 450,000 people and supported 180 textile mills.…
Sterling Steadies Against Dollar; Brexit Talks Extended To Wednesday
The dollar gained on Monday, as surging coronavirus cases in Europe and the United States and a lack of progress…
Curfew: Banks, Businesses Closed, Soldiers Take Over Roads In Osogbo
Residents of Osun have deserted major streets in different towns as banks and businesses, remained closed on Monday, in compliance…
Fixed Income, Currency Markets Drop To N164.32tr In Q3
Turnover in the Nigerian fixed income and currency (FIC) markets dropped by 26.76 per cent to N14.07 trillion in September…
Naira Steady Despite #EndSARS Protests
The naira last week traded at the parallel market for N463 against the dollar, a slightly weaker ratio from the…
African Money Transfer Firms Thrive As Pandemic Spurs Online Remittances
Having fled an economic implosion in his native Zimbabwe, Brighton Takawira was able to support his mother back home with…
Dollar Rises Vs Risky Currencies As Coronavirus Surges, U.S. Stimulus Hope Fades
The dollar gained on Monday, as surging coronavirus cases in Europe and the United States and a lack of progress…
Dollar Gains As Virus Surge Prompts Flight To Safety
The dollar pushed higher in early European trade Monday, with record numbers of Covid-19 cases in Europe and the U.S.,…
Sterling Set For Weekly Gain, Even After PMI Slip
The pound fell against the dollar and euro on Friday after the UK Purchasing Managers’ Index (PMI) fell to a…
UK ‘SBS’ Special Forces Storm Tanker And Detain Stowaways In Channel
British special forces stormed a Greek-operated oil tanker in the English channel on Sunday to wrestle control of the vessel…
2.5 Million To Get National Identification Monthly — NIMC
The National Identity Management Commission on Friday said it would scale up the enrolment and issuance of the unique National…
This Is Why The Young Protesters In Nigeria Are So Angry
Nigeria has been rocked in October by some of the biggest protests since military rule ended in 1999, resulting in…
Nigeria’s Palm Oil Price Highest In World Market- Experts
Price of Nigeria’s palm oil is over 200 % highest above the global market, The Nation can authoritatively report. Confirming…
Young Nigerian Protesters Could Transform Struggling Nation Or Split It In Two
The young Nigerians who were protesting at Lekki Toll Plaza in Lagos on Tuesday night were not the African touring…
CBN To Drive Zero Balance Account Opening
As part of efforts to boost financial inclusion, the Central Bank of Nigeria has said it will promote opening of…