Dollar Holds On To Gains; Euro Touches Nine-Day Low
The dollar index held its recent gains on Wednesday and the euro touched a nine-day low, as global equity markets…
Month: October 2020
UK Resists National Lockdown Despite Study Suggesting It Could Save Lives
The British government on Wednesday resisted a short lockdown for all of England, despite calls from the opposition to shut…
Kidnappings By Pirates Up 40% In Gulf Of Guinea: IMB
Kidnappings rose by 40% in the Gulf of Guinea in the first nine months of this year, and the region…
Dollar Holds Gains As Uncertainty Weighs On Market Sentiment
The U.S. dollar held on to gains against most currencies on Wednesday as renewed questions about a coronavirus vaccine and…
FG Moves To Ease Congestion On Arrival At Airports, Introduces New Online Procedure
The Federal Government says that air passengers wishing to come into Nigeria, will not be allowed to board aircraft without…
Federal Govt Won’t Seek Relief From N31tr Debt
Nigeria will not apply for debt relief to get out of its crippling N31 trillion debt burden, according to Finance,…
Stockbrokers To Set Blueprint For Economic Revival
Stockbrokers in Nigeria are warming up to prepare a roadmap on how the federal government can leverage the capital market…
Kanye West And Other Stars Join Global Protests Over Police Brutality In Nigeria
US rapper Kanye West has joined a growing list of international celebrities speaking out in support of large protests against…
Digital Thieves Are Hacking Brokerage Accounts: Is Your Money Safe?
Some Robinhood customers say their money was looted, suggesting online stock trading may be less secure than investors hoped. By Charlie…
Brexit Economic Disruption ‘Unavoidable’ With The Worst To Come
UK firms risk collapse on a “significant” scale if Brexit leaves them struggling to raise cash in the sectors most…
Thousands Of Nigerians Demand Police Overhaul For Sixth Day
Thousands of people across Nigeria have taken to the streets for a sixth straight day to protest against police brutality,…
Across Africa, Crude’s Covid Crunch Sends Many Projects Into Turmoil
Many oil and gas projects across the continent have been delayed or cancelled due to the challenges of low prices…
Dropbox Is The Latest San Francisco Tech Company To Make Remote Work Permanent
San Francisco-based Dropbox announced Tuesday that it will stop asking employees to come into its offices and instead make remote work the standard practice,…
Apple’s Full-Size iPhone 12 Costs At Least $100 More Than Last Year’s iPhone 11
Apple announced new iPhones Tuesday in a video presentation just over an hour long covering the new devices’ faster chips, 5G speeds and…
Here’s Everything Apple Just Announced At Its iPhone 12 Event
Apple just wrapped up its big iPhone 12 event, where it announced four new iPhone 12 models, all of which support…
Fauci: Trump’s Rapid Recovery From Covid-19, While Welcome, ‘Amplifies’ Public Misunderstanding Of Disease
Health officials have struggled to convey the seriousness of Covid-19 to many Americans. President Trump’s rapid recovery from the disease,…
African Debt: At Some Point, The Hole Becomes Just Too Big To Fill
The rapidly deteriorating financial crisis in Lebanon provides a grim preview to other developing countries of what happens when the…
Dollar Up Despite Lingering Optimism Over U.S. Stimulus Measures
The dollar was up on Tuesday morning in Asia, despite edging closer to three-week lows and some investors stubbornly holding…
Australian Dollar Hit As China Turns Back On Coal Imports
The Australian dollar fell about 0.5% on Tuesday after reports that China has halted coal imports from the country as…
UPDATE 1-Nigeria’s Police Vow To Stop Using Force Against Protesters In Wake Of Deaths
Nigeria’s police agreed to stop using force against protesters who accuse them of brutality, the presidency said on Tuesday, a…
Customs Generates N13.11 Billion From Onne Port
The Nigeria Customs Service (NCS), Area II Command, Onne Port, Rivers State, said it generated over N13.11 billion for the…
Don’t Rely On Oil Revenue In 2021 Budget, OPS Tells Govt
The Organised Private Sector (OPS) of the Nigerian economy has called on the federal government not to rely much on…
Oil Be There For You
While COVID-19 has wrought havoc on Nigeria’s oil and gas industry, it may have also brought currents of change paving…
UK’s Boris Johnson Outlines Tiered System Of Local Lockdowns, Dividing The Country With Stricter Measures
LONDON — The British government has outlined further restrictive measures for England, including a three-tier system of local lockdowns, as…
Goldman Says A Biden Win Could Be A ‘Positive Catalyst’ For Oil Prices
Oil pipelines, pumping rigs, and electrical transmission lines dot the landscape along California’s “Petroleum Highway” (Highway 33) running along the…
China Moves To Curb Yuan Strength, Making It Cheaper To Bet Against The Currency
The weakness was triggered after the central bank changed rules on Saturday that made it cheaper for traders to short…
Farmers Back CBN’s Policy On Repatriation Of Export Proceeds
The Federation of Agricultural Commodity Associations of Nigeria (FACAN) said it is in total support of the Central Bank of…
A Seamless Experience Across The World During COVID-19 Pandemic
I returned to the country recently amidst publicized frustration with the Nigeria International Travel Portal the Presidential Task Force on…
Dangote Refinery, Others Threaten Existing Plants – OPEC
New refining capacities expected to come on stream in Nigeria and other African countries in the next few years may…
Nigeria’s Delayed Oil Bill To Get Lawmakers’ Backing, Kyari Says
The head of Nigeria’s state oil company expressed confidence that the nation’s long-delayed oil and gas industry reforms will be…