China Bans Non-Chinese Arrivals From UK As England Enters Lockdown
China has barred non-Chinese travellers from the UK, Belgium and the Philippines, imposing new border restrictions in response to the…
Day: November 6, 2020
Banks’ Borrowings From CBN Crashes By 93%
MONEY MARKET Deposit Money Banks’ reliance on the loans from the Central Bank of Nigeria (CBN) fell sharply by 93…
Why Oil Prices May Be Set To Fall Further
The main oil benchmarks fell below $40 a barrel again this week as clouds gathered over the outlook for demand…
Dollar Slumps To Two-Month Low, Investors See More Weakness On U.S. Election
The dollar sank to its lowest level in over two months against against a basket of peer currencies on Friday,…
Sterling Eyes Weekly Gain Vs Dollar In Choppy Markets
Sterling was on track for a weekly gain versus the dollar on Friday in choppy markets, as traders digested high…
Nigerian Banks To Fail Stress Tests Should Economic Slump Deepen
Nigerian lenders will drop below minimum capital buffers required by regulators should the economy shrink further this year, according to…
Oil Prices Are Set To Go Higher Next Year
As predicted, a second wave of COVID-19 is wreaking havoc on the world economy with many European nations contemplating new…
Four OPEC+ Members Favor Extended Cuts
Three members of OPEC and Russia are in favor of an extension of the current oil production cuts agreed by…
COVID-19: China Bars Nigerians, Others From Entry
The Chinese authorities have temporarily suspended entry into China by Nigerians and other nationals in Nigeria holding valid Chinese visas…