Business World Pfizer, BioNTech Apply For Coronavirus Vaccine Approval In Europe December 1, 2020 Ekemini U.S. pharmaceutical giant Pfizer and its German partner BioNTech said they have applied to the European Medicines Agency for the conditional marketing authorization of their coronavirus vaccine. If the authorization…
Business Local Don’t Reverse Ban On Rice Importation, Ortom Begs Buhari December 1, 2020 Ekemini Governor Samuel Ortom of Benue State, on Monday, appealed to the President, Major General Muhammadu Buhari (retd.), to sustain the policy on the ban of rice importation and not succumb…
Business Local FG Warns Against Christmas Carol, Tells Nigerians Abroad To Stay Away December 1, 2020 Ekemini The Presidential Task Force on COVID-19 has urged Nigerians to be weary of festivities such as Christmas carols as the year winds down. It also warned against non-essential travels just…
Business Local Frantic CBN Allows Diaspora Remittances To Be Withdrawn In Dollars And Sold Anywhere Including Black Market December 1, 2020 Ekemini To save the naira, CBN now allows diaspora remittances to be withdrawn dollar cash. The Central Bank of Nigeria (CBN) has announced the amendment of procedures for receipt of diaspora…
Business Local CBN Removes Restriction On FX Receipt Through Domiciliary Accounts December 1, 2020 Ekemini Beneficiaries of Diaspora remittances through International Money Transfer Operators (IMTOs) shall henceforth receive such inflows in the foreign currency (US Dollars) through the designated bank of their choice, the Central…
Business U.S. Dollar Drops To Lowest In More Than Two Years December 1, 2020 Ekemini The dollar hit its lowest in two and a half years on Monday as broad risk sentiment improved overall, with investors looking to President-elect Joe Biden’s economic team that is…
Business Sterling Heads Higher On Hopes Of A Brexit Trade Deal December 1, 2020 Ekemini secure a deal to govern nearly $1 trillion in annual trade from Jan. 1 but are yet to bridge differences on fishing, state aid and how to resolve any future…
Business Local Govt, CBN Point To Results In Economy Recovery Plan December 1, 2020 Ekemini At the backdrop of the slide into the second recession in five years, fiscal and monetary authorities are indicating that efforts are on all fronts to ensure early exit from…
Business Interventions Drive Daily I&E Window Sales To $150m December 1, 2020 Ekemini The Governor of the Central Bank of Nigeria, Godwin Emefiele, has said interventions introduced by the CBN have resulted in a daily trade of $150m in the Investors and Exporters…
Business Dollar Plumbs Two-Year Low As Fed Comes In To Focus December 1, 2020 Ekemini The dollar touched a more than two-year low on Monday and is set to log its largest monthly fall since July as a combination of vaccine optimism and bets on…
