#EndSARS: Airlines Increase Airfare Of Domestic Flights
Following the ongoing protests against police brutality in the country, airfares on domestic routes have increased. The increase in the…
Year: 2020
With Instagram, Hashtags And Bitcoin, Young Nigerians Boost Anti-Police Protests
Ozioma Egemasi says Nigerian police slapped, whipped and struck him with the butt of a pistol when he refused to…
Asian Trade-Related Currencies Strengthen After China Data
Asia’s trade-exposed currencies held firm on Monday as data showed China’s economic rebound from the pandemic accelerated in the third…
FOREX Reserves Down To $35.67b
Lekki Port LFTZ Enterprise Limited (Lekki Port), the developer of the Lekki Deep Sea Port under construction at the Lagos…
China Says Its Economy Grew 4.9% In The Third Quarter
BEIJING — China’s economy recovered further from the coronavirus in the third quarter, according to data released Monday by the…
Pelosi Gives White House 48 Hours To Reach Coronavirus Stimulus Deal Before Election
House Speaker Nancy Pelosi has called on the Trump administration to reconcile remaining disputes on coronavirus stimulus legislation within 48…
Edo Govt Declares 24-Hour Curfew
The Edo State Government hereby imposes a 24-hour curfew across the state until further notice. The curfew is to take…
NNPC’s Liabilities Exceed Assets By N4.4tn
The liabilities of the Nigerian National Petroleum Corporation as a group exceeded the assets of the oil firm by N4.4tn…
Lekki Deep Sea Port: Work Takes Off On Quay Wall Construction
Lekki Port LFTZ Enterprise Limited (Lekki Port), the developer of the Lekki Deep Sea Port under construction at the Lagos…
Wall Street Prepares For A Biden Victory, Higher Taxes And All
“I’m shocked, shocked!” Captain Renault’s famous line from Casablanca immediately came to mind as I read the New York Times’…
Govt Expecting One Million MT Steel From $1.5bn Plant
The Federal Government has said that the $1.5bn steel plant that is nearing completion in Kaduna State will attract automobile…
FG To Make Kano IDP Transit Port
The Executive Secretary/CEO of the Nigerian Shippers Council (NSC), Hassan Bello has said that the Kano Inland Dry Port (IDP)…
China Must Loosen Capital Curbs To Boost International Use Of Yuan, Says Former Bank Executive
British Airways is planning to shrink its presence at London Gatwick Airport as part of a “bounce-back” effort in the…
Airport Road Blocked As #EndSARS Protest Continues In Abuja
In posters circulating on social media, the protesters identified different areas of convergence for Monday’s protest to be Unity Fountain,…
China’s Central Bank Head Says Economy To Expand About 2% This Year
China will see its economy expand by about 2% this year as it has got the coronavirus pandemic under control,…
Nigeria Commodity Exchange To Support Farmers
The Nigeria Commodity Exchange has pledged to support farmers in Borno State to boost the level of agricultural output. The…
OPEC: No Recovery In Oil Prices Next Year
The Organisation of Petroleum Exporting Countries (OPEC) at the weekend said there would likely be no recovery in oil demand…
Gulf Currency Pegs Offer Silver Lining In Weaker-Dollar Era
More than a decade ago, Gulf Arab nations struggled to preserve their currency pegs as the dollar went into retreat.…
Pound Traders Shut Out Brexit Talks Noise Until ‘Real Deadline
For pound traders who have weathered more than four years of Brexit talks, anything short of a resolution one way…
Govt To Raise Local Content In Oil And Gas Sector To 40%
The Minister of State Petroleum Resources, Timipre Sylva, says Nigeria will raise local content in the oil and gas sector…
Will 24-Hour Port Operation Ever Work?
The idea of the 24 hours port operations has been on the front burner for long with different initiatives and…
Fitch Revises Kaduna’s Outlook To Stable On Sovereign Action; Affirms At ”B”
Fitch Ratings has revised the Outlook on Kaduna State’s Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs) to Stable from…
Showdown Looms As Protesters Plan Lockdown Of Abuja, Lagos Today
A showdown between security forces and #EndSARS activists may be in the offing as the protesters yesterday unfolded plans to…
Nigerian Embassy In France Call Police On EndSARS Protesters, Demonstrators Vow To Continue Agitation
Despite the presence of the French police, the demonstrators, who stormed the embassy at the Victor Hugo area of Paris…
Treasury Yields Jump Amid Renewed Stimulus Hopes
Treasury yields jumped on Monday amid renewed optimism that a coronavirus aid package could be agreed in the coming weeks.…
#ENDSARS: Police Killed My Cousin In 2013, Says Canadian Minister
Nigerian-born Canadian Minister for Justice, Kaycee Madu has supported ongoing #ENDSARS protests, narrating how his cousin was murdered in April…
An Escalating Labor Strike Could Soon Wipe Out Almost 25% Of Norway’s Oil And Gas Production
A strike by workers in the Norwegian oil sector could soon wipe out nearly one-quarter of the country’s petroleum output,…
Nigeria’s Rising Inflation Worrisome, Experts Say
Two financial experts on Friday expressed concerns over the country’s rising inflation rate and urged the Federal Government to revisit…
Pound Drops As Boris Johnson Tells UK To Prepare For No Deal Brexit
UK prime minister Boris Johnson has told Britain to get ready for an “Australian” style Brexit but stopped short of…
Dollar Heads For Weekly Gain As Pandemic Recovery Stalls
The yen rose and the dollar was headed for its best week of the month on Friday, as surging coronavirus…