Rebuilding Ruins Of Violence Amid Low Revenues
The Shoprite shopping mall in Lekki Phase 2 was looted on October 22, 2020, after the army repressed peaceful protestors…
Year: 2020
Tanker Operator Thanks Britain For Storming Vessel After Stowaways Turned Hostile
The operator of an oil tanker stormed in the English Channel by British special forces thanked the authorities on Monday…
Chinese Products Top Nigeria’s Imported Goods List – NBS
A total of 31.41 per cent of goods imported into Nigeria are from China, according to the National Bureau of…
CBN And N120bn Cotton Sector Intervention
The cotton value chain in Nigeria once created employment opportunities for well over 450,000 people and supported 180 textile mills.…
Sterling Steadies Against Dollar; Brexit Talks Extended To Wednesday
The dollar gained on Monday, as surging coronavirus cases in Europe and the United States and a lack of progress…
Curfew: Banks, Businesses Closed, Soldiers Take Over Roads In Osogbo
Residents of Osun have deserted major streets in different towns as banks and businesses, remained closed on Monday, in compliance…
Fixed Income, Currency Markets Drop To N164.32tr In Q3
Turnover in the Nigerian fixed income and currency (FIC) markets dropped by 26.76 per cent to N14.07 trillion in September…
Naira Steady Despite #EndSARS Protests
The naira last week traded at the parallel market for N463 against the dollar, a slightly weaker ratio from the…
African Money Transfer Firms Thrive As Pandemic Spurs Online Remittances
Having fled an economic implosion in his native Zimbabwe, Brighton Takawira was able to support his mother back home with…
Dollar Rises Vs Risky Currencies As Coronavirus Surges, U.S. Stimulus Hope Fades
The dollar gained on Monday, as surging coronavirus cases in Europe and the United States and a lack of progress…
Dollar Gains As Virus Surge Prompts Flight To Safety
The dollar pushed higher in early European trade Monday, with record numbers of Covid-19 cases in Europe and the U.S.,…
Sterling Set For Weekly Gain, Even After PMI Slip
The pound fell against the dollar and euro on Friday after the UK Purchasing Managers’ Index (PMI) fell to a…
UK ‘SBS’ Special Forces Storm Tanker And Detain Stowaways In Channel
British special forces stormed a Greek-operated oil tanker in the English channel on Sunday to wrestle control of the vessel…
2.5 Million To Get National Identification Monthly — NIMC
The National Identity Management Commission on Friday said it would scale up the enrolment and issuance of the unique National…
This Is Why The Young Protesters In Nigeria Are So Angry
Nigeria has been rocked in October by some of the biggest protests since military rule ended in 1999, resulting in…
Nigeria’s Palm Oil Price Highest In World Market- Experts
Price of Nigeria’s palm oil is over 200 % highest above the global market, The Nation can authoritatively report. Confirming…
Young Nigerian Protesters Could Transform Struggling Nation Or Split It In Two
The young Nigerians who were protesting at Lekki Toll Plaza in Lagos on Tuesday night were not the African touring…
CBN To Drive Zero Balance Account Opening
As part of efforts to boost financial inclusion, the Central Bank of Nigeria has said it will promote opening of…
Samsung’s Lee: Tainted Titan Who Built A Global Tech Giant
In February 1993, five years after taking over from his father at South Korea’s Samsung Group, 51-year-old Lee Kun-hee was…
Majority Will Accept Result Of U.S. Election, Even If They Dislike The Winner
As the 2020 presidential election enters its final week, a majority of Americans appear ready to accept the result of…
Cenovus To Buy Husky For $2.9 Billion To Create No.3 Canadian Energy Firm; More Deals Seen
Cenovus Energy Inc CVE.TO has agreed to buy rival Husky Energy Inc HSE.TO in an all-stock deal valued at C$3.8…
Analysis: U.S. Supreme Court Nominee Barrett Often Rules For Police In Excessive Force Cases
In her three years as a federal appeals court judge, U.S. Supreme Court nominee Amy Coney Barrett has consistently sided…
U.S. COVID-19 Aid Bill Talks Continue, Pelosi Says
U.S. House Speaker Nancy Pelosi on Sunday said the Trump administration was reviewing the latest plan for more COVID-19 relief…
Tense Calm In Nigeria After Days Of Unrest
Abuja, Nigeria – Relative calm has returned to Nigerian cities after more than two weeks of deadly protests against police…
American Airlines Plans Customer Tours Of Boeing 737 Max And Pilot Calls To Boost Confidence In Jets
American Airlines is planning customer tours of the Boeing 737 Max and calls with its pilots in the coming weeks…
Mike Pence Will Not Quarantine After Four Aides Test Positive For Coronavirus
Vice President Mike Pence will not quarantine himself despite several of his aides testing positive for coronavirus, his office said.…
Stocks Making The Biggest Moves Midday: Virgin Galactic, Intel, Snap & More
Virgin Galactic — Shares of the space tourism stock slipped more than 5% after Goldman initiated coverage on the company…
Why We Didn’t Distribute Looted COVID-19 Palliatives, Osun Food Committee
The Osun Food and Relief Committee on COVID-19 on Friday said the looted items at a warehouse in Ede town…
September Existing Home Sales Jump 9.4%, But ‘Prices Are Rising Too Fast’ As Supply Remains Tight
Sales of existing homes rose a higher-than-expected 9.4% in September to a seasonally adjusted annualized rate of 6.54 million units,…
Scientists Make Digital Breakthrough In Chemistry That Could Revolutionize The Drug Industry
In June, the U.S. government purchased the vast majority of world’s supply of remdesivir—a FDA-approved antiviral treatment for Covid-19—for July…