Wonder Banks Bloom In Northern Nigeria: SEC Warns
EFCC and SEC officials after a meeting in Kano: warning about Wonder banks, Ponzi schemes…
Year: 2020
Stocks Making The Biggest Moves In The Premarket: Disney, Micron, Dow Inc., GM & More
Walt Disney (DIS) – Disney is cutting 28,000 jobs in its theme parks division, as…
CBN To Move Gender Financial Inclusion Gap From 8.5% To Zero In 2024
Nigeria’s Central Bank (CBN) is planning to move financial inclusion gender gap from 8.5 percent…
Factbox-Key Provisions In Nigeria’s Oil Overhaul Bill
Nigeria’s oil reform bill is now with the National Assembly. Due to the political alignment…
Companies Added Better Than Expected 749,000 Jobs Amid Jump In Construction, Hospitality
Companies added jobs at a faster-than-expected pace in September due in good part to a…
Illicit Transfers Hit N103tr In 15 Years
As admitted by President Muhammadu Buhari, Nigeria is struggling with illicit financial flows (IFF) as…
Ex-Nissan Boss Carlos Ghosn Launches Business Program To Revive Lebanon’s Struggling Economy
SINGAPORE — Carlos Ghosn, the scandal-hit former CEO and chairman of Nissan who fled trial…
United Eyes Return To JFK Next Year After A More Than 5-Year Absence
Airport in 2021, possibly early in the year, according to people familiar with the matter.…
Amazon Unveils A Way To Pay With Just Your Hand In Stores
Amazon wants to speed up shopping trips by letting users pay with the palm of…
COVID-19: CBN Introduces Healthcare Intervention Scheme
The Central Bank of Nigeria (CBN), as part of its policy response to the COVID-19…
Buhari Sends PIB To NASS
President Muhammadu Buhari has transmitted the long- awaited Petroleum Industry Bill (PIB) to the National…
UK Court Orders Refund Of Nigeria’s $200m In P&ID Case
Emefiele said the ruling follows the establishment of prima facie fraud before the court. A…
Democrats’ Revised Stimulus Bill Pushes For $600 In Extra Weekly Unemployment Through January
Democrats are continuing their push to restore $600 a week in enhanced unemployment benefits, under…
Joe Biden Releases 2019 Tax Returns Ahead Of Presidential Debate
WASHINGTON — Democratic presidential nominee Joe Biden and running mate Kamala Harris released their 2019…
FG Declares October 1 Public Holiday As Nigeria Marks 60th Independence Anniversary
The Federal Government has declared Thursday, October 1, as public holiday to mark the nation’s…
Pandemic Forces A Reckoning For Restaurants Coping With Capacity Limits And New Consumer Habits
Heading into 2020, the restaurant industry was poised for another year of growth. One of…
Oil Prices Fall As COVID-19 Cases Spike
Oil prices have been falling on Tuesday as COVID-19 cases continue to rise, undermining long-term…
Nikola Shares Slide After Second Sexual Abuse Allegation Raises Questions About GM Deal
Nikola’s stock slid by about 7% on Tuesday after CNBC reported new sex abuse allegations…
With Deregulation Nigeria’s Refineries Can Function Optimally, Petroleum Minister Assures
Nigeria’s Minister of State for Petroleum Resources, Timipre Sylva on Tuesday said he believes the…
Importers Cry Out As Duty, Demurrage Rise
Importers have decried the high cost of importing goods through the seaports. Many importers, investigation…
Why The US Dollar Is Only Going To Fall Faster And Harder
The US dollar slide has entered early stages of what looks to be a sharp…
Stabilising Economy With Unorthodox Monetary Policy
Dike Onwuamaeze writes on the impact of the Central Bank of Nigeria’s development finance initiatives…
Ivory Coast President Says New West African Currency Launch May Take Five Years
A planned new West African currency to replace the France-backed CFA franc this year has…
Economic Data Puts The EUR And Dollar In Focus, As Brexit Talks Resume
Earlier in the Day: It’s was a busier start to the day on the economic…
UBS Says You Should Buy Gold Now
SINGAPORE — Investors should be putting their money in gold now, as it represents a…
We’ll Make It Illegal To Export Raw Minerals
The Minister of Mines and Steel Development, Olamilekan Adegbite, has said that the ministry is…
PIB: Timipre Sylva Debunks Scrapping Of NNPC
Minister of Petroleum Resources, Timipre Silva has debunked reports that the new Petroleum Industry Bill…
Osinbajo Urges Global Action Against Illicit Financial Flows
Vice President Yemi Osinbajo (SAN) has called for an effective global action against Illicit Financial…
Naira Maintains Stability At Forex Markets As Dollar Supply Rise By 57%
Forex liquidity by 57% as Nigeria’s exchange rate at the NAFEX window remained stable to…
Oil Prices Drop As Demand Worries Counter U.S. Stimulus Hopes
Oil prices dropped on Tuesday, paring gains from the previous session, as persistent demand concerns…