UK Warns People With Serious Allergies To Avoid Pfizer Vaccine After Two Adverse Reactions
Britain’s medicine regulator has advised that people with a history of significant allergies do not get Pfizer-BioNTech’s COVID-19 vaccine after…
Day: December 9, 2020
INFLATION: Agusto & Co Warns Nigerians Against Liabilities In Hard Currencies
Due to the weakening of the Naira value against the world’s major currencies, Nigerians should not build up liabilities in…
Shell Former Upstream Chief: Nigeria Oilfield Deal Was ‘Lawful And Correct’
Shell’s former international upstream head Malcolm Brinded had no reason to think that the awarding of the OPL-245 oilfield license…
Poor Countries Set To Miss Out On Covid Vaccines As Wealthier Nations Hoard Doses, Campaigners Warn
LONDON — A coalition of campaigning bodies has warned people in lower-income countries are likely to miss out on a…
Special Report-How Oil Majors Shift Billions In Profits To Island Tax Havens
Bermuda and the Bahamas aren’t exactly big players in the oil-and-gas world. They don’t produce any of the fuels at…
US Visa Applicants Should Answer Officers’ Questions Honestly – Consular Coordinator
Susan Tuller is the country consular coordinator for the US Mission in Nigeria. Prior to Lagos, she had served as…
Weak Naira Threatens Nigerians’ Ability To Afford International Degree
As dollar shortage in Nigeria persists amid falling oil prices due to the global demand drop in the wake of…
38,051 Foreigners Applied For Nigeria Citizenship In 2 Years – FG
THE Federal Government on Wednesday disclosed that it received a total of 38,051 Citizenship applications from September 2018 to October…
Rising Exchange Rate Poses More Difficulty For Importers, Says Expert
Continuous rising of foreign exchange may pose more difficulty for importers in the coming year, the National President, Association of…
Dollar Nears 2 1/2-Year Lows As Vaccine Optimism Grows
The U.S. dollar fell towards a two-and-a-half-year low on Wednesday as progress in combating the COVID-19 pandemic boosted risk appetite…
U.S Enforces 6 Month Passport Validity Rule For Christmas Travels
The United States Embassy in Nigeria has advised both U.S citizens and dual nationals to ensure that their international passport…
Airline Operators Explain Hike In Airfares
The almost 70 per cent rise in domestic airfares have attributed it to the weakening exchange rate, paucity of operating…
Sterling Hits Intraweek High As Johnson Heads To Last-Ditch Brexit Meeting In Brussels
Sterling rose against a broadly weaker dollar on Wednesday after three days of losses as British Prime Minister Boris Johnson…
OPEC: Nigeria’s Crude Oil Export Earnings Rebounded By 116% In November 2020
The Organisation of Petroleum Exporting Countries (OPEC) says Nigeria’s crude oil export earnings recorded a rebound of 116 percent in…
Nigeria’s Foreign Trade With US Slumps As Exports Drop
Nigeria’s foreign trade with the United States has averaged N2 trillion in the last 3 years but is on track…
Nigeria To Spearhead Africa Refinery Capacity Additions
Nigeria is expected to drive the refinery capacity growth in Africa by 2024, contributing around 71% of the region’s total…
‘Polaris Bank Paying Dollars To Money Transfer’s Beneficiaries’
POLARIS Bank has started the payment of dollars to beneficiaries of money transfer across all its branches. The bank, in…
Fed Govt Scores Port Operator Low On Automation
The Nigerian Shippers Council (NSC) on Tuesday scored the Port & Cargo Handling Services (P&CHS) Limited very low on automation…
New N162 Petrol Pump Price Triggers Confusion, Queries
At a time Nigerians are yet to come to terms with the last increase in pump price of Premium Motor…
Hope Rises For Cocoa Farmers As NEXIM Pledges Support For Value Chain Development
The Nigerian Export-Import Bank (NEXIM) has pledged to assist players in the African cocoa value chain so as to boost…
China Set To Bail Out Iraq With Multibillion-Dollar Oil Deal
Iraq is poised to sign a multibillion-dollar contract with China ZhenHua Oil Co., a bailout from Beijing for the cash-strapped…
Nigerian Arrested At Jomo Kenyatta Airport Carrying Sh100m In Bag
The Assets Recovery Agency (ARA) is seeking court orders to freeze over Sh100 million seized from a Nigerian at the…
Naira Devaluation Risky For Foreign Currency Loans, Says Report
The devaluation of the naira against global currencies will impact negatively on foreign currency loans and weaken capital base for…
Dollar Slips As Vaccine Optimism Saps Haven Demand; Sterling On Edge
nd the risk positivity to continue into next year,” said Craig Chan, head of global FX strategy at Nomura, on…
Citi Selected As Financial Advisor to Gavi, The Vaccine Alliance’s COVAX Facility
New York – Citi today announced the firm has been selected by Gavi, the Vaccine Alliance, to be the financial…
Ships Risk Detention Over Cybersecurity
Ships that fail to comply with cybersecurity code of the International Maritime Organisation (IMO) may face detention from January 1,…
Unemployment In Nigeria – What Can Be Done?
Perhaps the most deep-rooted millennial problem facing Nigeria is the issue of unemployment. The expectation of the average graduate is…
An MBA In Corruption’: How Top Oil Trader Paid Bribes For Years
For years, the world’s largest oil trading firm has maintained that it has “zero tolerance” for corruption. Now Vitol Inc.…
Nigerian Crude Oil Export Earnings Rebound By 116% In November – OPEC
OPEC Sec Gen says Nigerian government should be commended for its proactive measures that facilitated the rebounding of the its…
Nigeria Plans To Reopen Land Borders As Soon As Possible, Says Buhari
The Nigerian government plans to reopen its land borders, President Muhammadu Buhari has said. He explained that the closure of…