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Day: December 8, 2020

Nigerians Must Embrace Production To Grow Economy —Emefiele
BusinessLocal

Nigerians Must Embrace Production To Grow Economy —Emefiele

Governor of the Central Bank of Nigeria, Mr Godwin Emefiele, has said Nigeria must return to the golden era age…

byEkeminiDecember 8, 2020
190,000 Applicants Jostle For 9,460 NIS, NSCDC Jobs
BusinessLocal

190,000 Applicants Jostle For 9,460 NIS, NSCDC Jobs

About 190,000 applicants are jostling for 9,460 job slots at the Nigeria Immigration Service and the Nigeria Security and Civil…

byEkeminiDecember 8, 2020
Oil Falls On Surging Virus Cases And U.S.-China Tensions
BusinessLocal

Oil Falls On Surging Virus Cases And U.S.-China Tensions

Oil prices slipped on Monday as the positive impact from COVID-19 vaccines and an OPEC+ deal on oil production cuts…

byEkeminiDecember 8, 2020December 8, 2020
CBN Charges Nigerians On Lower Appetite For Foreign Goods
BusinessLocal

CBN Charges Nigerians On Lower Appetite For Foreign Goods

The Central Bank of Nigeria (CBN), yesterday, advised Nigerians to moderate their taste for foreign goods with a view to…

byEkeminiDecember 8, 2020
Norway’s DNB Faces $45 Million Fine Over Money Laundering Compliance Work
BusinessLocal

Norway’s DNB Faces $45 Million Fine Over Money Laundering Compliance Work

DNB, Norway’s biggest bank, could be fined 400 million Norwegian crowns ($45.4 million) by the country’s financial regulator (FSA) for…

byEkeminiDecember 8, 2020
CBN Defines Chief Compliance Officers’ Role In Banks
BusinessLocal

CBN Defines Chief Compliance Officers’ Role In Banks

The Central Bank of Nigeria (CBN) has approved new requirement for the appointment of chief compliance officers (CCOs) by banks.…

byEkeminiDecember 8, 2020
Brexit Crunch Time As EU And UK Still Divided Over Trade Deal
Business

Brexit Crunch Time As EU And UK Still Divided Over Trade Deal

Brexit trade talks hung in the balance on Monday as Britain and the European Union made a last-ditch attempt to…

byEkeminiDecember 8, 2020
Tumbling Naira: Resolving Nigeria’s Balance Of Payment Deficit
BusinessLocal

Tumbling Naira: Resolving Nigeria’s Balance Of Payment Deficit

Domiciliary accounts and remittances have emerged as twin touchy issues in the management of Nigeria’s foreign exchange market (forex). And…

byEkeminiDecember 8, 2020
Sterling Volatility Jumps As No-Deal Brexit Risks Rise
Business

Sterling Volatility Jumps As No-Deal Brexit Risks Rise

Measures of expected swings in the British pound over the coming days jumped to their highest levels in eight months…

byEkeminiDecember 8, 2020
Dollar Mired Near Two-And-Half Year Low, Sterling Eyes Last-Ditch Brexit Talks
Business

Dollar Mired Near Two-And-Half Year Low, Sterling Eyes Last-Ditch Brexit Talks

The dollar started the week on the back foot on Monday after soft U.S. jobs data only solidified expectations of…

byEkeminiDecember 8, 2020
Suspension Of Barge Operations: Nigeria Economy On The Verge Of Collapse – SINET
BusinessLocal

Suspension Of Barge Operations: Nigeria Economy On The Verge Of Collapse – SINET

President Muhammadu Buhari has been urged to urgently call for the immediate withdrawal of a letter which purportedly ordered the…

byEkeminiDecember 8, 2020
Lufthansa Resumes Flights To Nigeria
BusinessLocal

Lufthansa Resumes Flights To Nigeria

The first Lufthansa flight after an eight months suspension occasioned by the coronavirus pandemic, arrived in Lagos last Thursday. The…

byEkeminiDecember 8, 2020

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