Buhari Readies New Plans To Appease Nigerian Protesters
Nigeria’s President Muhammadu Buhari will announce new measures on Thursday to address the grievances of youths who’ve staged mass protests…
Month: October 2020
Goldman Is Calling A Bull Market For Commodities In 2021 On Dollar Moves And Inflation Risk
Goldman Sachs is forecasting a bull market for commodities in 2021 based on its outlook for a weaker dollar, inflation,…
US Green Card Lottery Visa Ban For Nigeria
Actually in this case it is just a coincidence that Nigeria has been omitted from the Green Card Lottery at…
FG October Bonds Oversubscribed By N205.87bn
The Federal Government of Nigeria Bonds were oversubscribed by N205.87bn. The Debt Management Office disclosed this after it conducted the…
FDA Approves Gilead’s Remdesivir As Coronavirus Treatment
FDA approves Gilead’s Remdesivir as Covid-19 treatment The Food and Drug Administration on Thursday approved Gilead Sciences’ antiviral drug remdesivir…
Canadian Dollar Turns Higher, Tracking Uptick In Risk Appetite
The Canadian dollar edged higher against its broadly stronger U.S. counterpart on Thursday as Wall Street clung to hopes of…
Nigerian President Buhari Addresses #EndSARS But Not The Shooting Deaths Of Protesters
LAGOS, Nigeria (AP) — Nigeria’s president addressed the nation on Thursday but made no mention of the shooting deaths of…
Oil Set For Weekly Drop As Virus Flare-Ups Cloud Demand Outlook
Oil held above $40 a barrel on fresh optimism that a U.S. stimulus deal is imminent, although the market is…
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…
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…