Bitcoin Closes In On All-Time High As It Blasts Through $18K
Bitcoin’s price broke through $18,000 in what some experts are attributing to global events and bullish fundamentals in crypto. The…
Month: November 2020
Four Key Risks Could Make 2021 The Toughest Year For Banks Since 2009, Says S&P
S&P Global Ratings warned that banks could face their toughest year since the aftermath of the global financial crisis, with…
Opec+ Turns Down Nigeria’s Request To Review Quota
The Opec+ Joint Ministerial Monitoring Committee (JMMC) has declined an informal request from Nigeria to re-evaluate the baseline from which…
Nigerians Are Leading Global Asylum Claims To Canada Despite Covid-19’S Travel Restrictions
In February, data showed that, for the fifth year in a row, more Nigerians emigrated to Canada in 2019 than…
Nigeria’s President Vows To Prevent Repeat Of Anti-Police Brutality Protests
Nigeria’s president will do what it takes to prevent a repeat of demonstrations against police brutality last month that led…
Nigerian Oil Reform Bill To Pass ‘Within Six Months’ – House Speaker
Nigeria’s House of Representatives will pass a long-delayed oil reform bill within six months, its speaker said on Tuesday, potentially…
Nigeria: NIS Issues Travelling Documents To 7,874 Applicants In Edo
The Nigeria Immigration Service (NIS), Edo Command, said on Tuesday that it issued travelling documents to no fewer than 7,874…
Nigeria Says Air France, KLM, Lufthansa To Resume Flights
Nigeria lifted a ban on flights to the West African country by Air France, KLM, Lufthansa and Qatar Airways Africa’s…
Nigeria: Lagos Designs Eligibility Form For Businesses To Access N1Billion Seed Capital
The Lagos State Ministry of Tourism, Arts and Culture disclosed it has designed a palliative eligibility form, to take in…
George Clooney Speaks On Why He Gave 14 Of His Closest Friends $1m Each Via Suitcases Full Of Cash
Hollywood actor, George Clooney has confirmed a longstanding rumor that he was able to give 14 of his closest friends…
Kohl’s Shares Rise On Earnings Beat, Retailer Promises Big Gains Ahead In Activewear, Beauty
Kohl’s shares rose more than 5% Tuesday, after Chief Executive Michelle Gass laid out the retailer’s plans to expand in…
Amazon Sellers Fined For Price Gouging Hand Sanitizer Amid Coronavirus Pandemic
Three Amazon sellers have been fined by New York Attorney General Letitia James after they were discovered to be price…
Walmart Sees Stockpiling Again As Covid Cases Rise—But This Time It’s Localized
Walmart CEO Doug McMillon said Tuesday that customers are loading up on items such as toilet paper again as coronavirus…
SoftBank CEO Masayoshi Son Says He’s Hoarding Cash To Prepare For ‘Worst Case Scenario’
SoftBank CEO and founder Masayoshi Son said he aggressively sold assets this year to prepare for a “worst case scenario”…
Biden Picks For Senior White House Staff Include Loyalists, Rising Democratic Stars
WASHINGTON – President-elect Joe Biden on Tuesday announced his first slate of senior White House staff, choosing a mix of…
Trump Lawyer Rudy Giuliani Joins Pa. Court Case Seeking To Deny Biden Victory After Other Attorneys Quit
President Donald Trump’s personal lawyer, Rudy Giuliani, on Tuesday was allowed to join a lawsuit seeking to stop Pennsylvania from…
Amazon Jumps Into The Pharmacy Business With Online Prescription Fulfillment, Free Delivery For Prime Members
Amazon is entering the pharmacy business with a new offering called Amazon Pharmacy, allowing customers in the United States to…
GOP Sen. Rob Portman: I Joined J&J’s Covid Vaccine Trial To Encourage People To Get Vaccinated
Sen. Rob Portman told CNBC on Tuesday that he’s participating in Johnson & Johnson’s Covid-19 vaccine clinical trial, hoping to…
Dollar Nurses Losses Amid Worries About Second Coronavirus Wave, Biden Transition
The dollar nursed losses on Tuesday as a return of coronavirus restrictions in some U.S. states and worries about a…
FG To Make Forex Available To Oil Marketers For Import To Drive Down Petrol Price
The Federal Government has announced plans to make the foreign exchange available to petroleum product marketers, in order to make…
Sterling Edges Higher As Traders Focus On Drawn-Out Brexit Talks
Sterling rose against a broadly weaker dollar and edged higher against the euro on Tuesday as traders awaited news on…
Euro Climbs On Vaccine Optimism, Offshore Yuan Hits Highest Since June 2018
The euro rose against the dollar on Tuesday, helped by optimism over another coronavirus vaccine, while the Chinese yuan hit…
Oil Prices Rise On Possible OPEC+ Supply Action, Vaccine Hopes
Oil prices edged up on Tuesday helped by expectations that OPEC and its allies would tighten supplies next year and…
Nigeria To Hold Summit To Woo Investors
The summit will discuss issues on Nigerians in Ghana and elsewhere, who are facing harsh conditions. Nigeria is billed to…
What African Central Banks May Do This Month With Interest Rates
Following aggressive interest rate cuts when coronavirus restrictions shut down output, African central bankers meeting for the final time this…
Oil Marketers Advises Against ‘Group Fixing’ Of Petrol Price
The Major Oil Marketers Association of Nigeria (MOMAN), an umbrella body of petroleum products marketers in the country, has advised…
Nigeria: Freight Forwarders Seek Reopening Of Borders
Freight forwarders under the aegis of the Association of Nigerian Licensed Customs Agents have tasked the Federal Government to re-open…
Panic As Naira Further Crumbles To N475/$1 After N5 Loss
The scarcity of forex at the parallel market is beginning to take its toll on the value of the Nigerian…
FG Has Final Decision On 5G Deployment, Says NCC
Despite the hue and cry against the deployment of Fifth Generation (5G) technology in the country, the Nigerian Communications Commission…
Nigeria Benefits From Chinese $15bn Investment In Oil, Gas Sector
Nigeria’s energy sector is about to receive a major boost from huge investment decisions from China, which is eyeing key…