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Month: December 2020

Pfizer, BioNTech Apply For Coronavirus Vaccine Approval In Europe
BusinessWorld

Pfizer, BioNTech Apply For Coronavirus Vaccine Approval In Europe

U.S. pharmaceutical giant Pfizer and its German partner BioNTech said they have applied to the European Medicines Agency for the…

byEkeminiDecember 1, 2020
Don’t Reverse Ban On Rice Importation, Ortom Begs Buhari
BusinessLocal

Don’t Reverse Ban On Rice Importation, Ortom Begs Buhari

Governor Samuel Ortom of Benue State, on Monday, appealed to the President, Major General Muhammadu Buhari (retd.), to sustain the…

byEkeminiDecember 1, 2020
FG Warns Against Christmas Carol, Tells Nigerians Abroad To Stay Away
BusinessLocal

FG Warns Against Christmas Carol, Tells Nigerians Abroad To Stay Away

The Presidential Task Force on COVID-19 has urged Nigerians to be weary of festivities such as Christmas carols as the…

byEkeminiDecember 1, 2020
Frantic CBN Allows Diaspora Remittances To Be Withdrawn In Dollars And Sold Anywhere Including Black Market
BusinessLocal

Frantic CBN Allows Diaspora Remittances To Be Withdrawn In Dollars And Sold Anywhere Including Black Market

To save the naira, CBN now allows diaspora remittances to be withdrawn dollar cash. The Central Bank of Nigeria (CBN)…

byEkeminiDecember 1, 2020
CBN Removes Restriction On FX Receipt Through Domiciliary Accounts
BusinessLocal

CBN Removes Restriction On FX Receipt Through Domiciliary Accounts

Beneficiaries of Diaspora remittances through International Money Transfer Operators (IMTOs) shall henceforth receive such inflows in the foreign currency (US…

byEkeminiDecember 1, 2020
U.S. Dollar Drops To Lowest In More Than Two Years
Business

U.S. Dollar Drops To Lowest In More Than Two Years

The dollar hit its lowest in two and a half years on Monday as broad risk sentiment improved overall, with…

byEkeminiDecember 1, 2020
Sterling Heads Higher On Hopes Of A Brexit Trade Deal
Business

Sterling Heads Higher On Hopes Of A Brexit Trade Deal

secure a deal to govern nearly $1 trillion in annual trade from Jan. 1 but are yet to bridge differences…

byEkeminiDecember 1, 2020
Govt, CBN Point To Results In Economy Recovery Plan
BusinessLocal

Govt, CBN Point To Results In Economy Recovery Plan

At the backdrop of the slide into the second recession in five years, fiscal and monetary authorities are indicating that…

byEkeminiDecember 1, 2020
Interventions Drive Daily I&E Window Sales To $150m
Business

Interventions Drive Daily I&E Window Sales To $150m

The Governor of the Central Bank of Nigeria, Godwin Emefiele, has said interventions introduced by the CBN have resulted in…

byEkeminiDecember 1, 2020
Dollar Plumbs Two-Year Low As Fed Comes In To Focus
Business

Dollar Plumbs Two-Year Low As Fed Comes In To Focus

The dollar touched a more than two-year low on Monday and is set to log its largest monthly fall since…

byEkeminiDecember 1, 2020

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