Buhari To Inaugurate Itakpe-Warri Speed Train Tuesday
The President, Major General Muhammadu Buhari (retd.), will inaugurate Nigeria’s first standard gauge train, the…
Year: 2020
INEC Begins Migration To Electronic Voting
The Independent National Electoral Commission (INEC) has commenced replacing manual voting with automated voting system,…
CBN: Hedging Against Recession, COVID-19 With Interventions
The Central Bank of Nigeria (CBN) is devising strategies through its various intervention programmes to…
Dollar Continues Downward Trend Ahead Of Trump-Biden Debate
The dollar was down on Tuesday morning in Asia, as the U.S. presidential debate and…
‘ABCON Braces CBN’s Regulation Of Financial Sector’
The argument that all Bureaux De Change (BDCs) operators are the weakest link in the…
NLNG Targets 350,000 Metric Tons LPG By December
The Nigeria Liquefied Natural Gas (NLNG) Limited has said it is set to achieve the…
FG Urges Destination Countries To Repatriate Illicit Funds
The Vice-President, Prof. Yemi Osinbajo, has urged leaders of destination countries to insist on repatriation…
Nigeria’s Forex Reserves Drop By $47.3m
Nigeria’s foreign exchange reserves suffered its first decline in recent weeks at the weekend as…
How Monetary, Fiscal Managers Can Cooperate To Cushion Impact Of Recession
At negative 6.1% gross domestic product (GDP), economic managers have a lot of work to…
Sterling Up Over 1% As Traders See Hope Of Avoiding Cliff-Edge Brexit
The British pound rose more than 1% on Monday on hopes that Britain could secure…
Orji: Second Niger Bridge Has Achieved 47% Completion Rate
The Managing Director of the Nigeria Sovereign Investment Authority (NSIA), Mr. Uche Orji has disclosed…
Popoola Wants Role For Credit Bureau In CBN’s Intervention Fund Disbursement
The access, impact and prospects of the intervention funds by the Central Bank of Nigeria…
CBN’s Rate Cut Triggers Rush For Equities
Stunned by the decision of the Central Bank of Nigeria (CBN) to cut the benchmark…
Nigeria’s Main Unions Suspend Planned Strike After Government Talks
Nigeria’s long-awaited oil reform bill would privatise the Nigerian National Petroleum Company, amend changes to…
Our Economy Is In Coma, Needs Urgent Resuscitation – APC Reps Member
Ughelli — The member representing Ughelli North, Ughelli South and Udu federal constituency in the…
Judge Locks Trump Administration’s Ban On New TikTok Downloads From U.S. App Stores
A judge has temporarily blocked an order from the Trump administration that would have banned…
OPEC In Trouble As Oil Outlook Worsens
Just when they thought they had rebalanced the oil market, OPEC members were served an…
Dollar Hovers Near Two-Month High Amid Economic, Political Risks
The dollar hovered near a two-month peak against a basket of currencies on Monday as…
What MPR Cut Means As The Country Enters Recession?
Nigeria unexpectedly cut its Monetary Policy Rate (MPR) by 100 basis points from 12.50% to…
Tesla’s $25,000 Electric Car Means Game Over For Gas And Oil
The monumental Tesla Battery Day last week clearly wasn’t as monumental for some as they…
Sterling Jumps More Than 1% As Traders See Hope Of Avoiding Cliff-Edge Brexit
The British pound soared more than 1% on Monday on hopes that Britain could secure…
Positive Covid-19 Test Rates Top 25% in some U.S. Midwest States
The number of tests coming back positive for Covid-19 is topping 25% in several states…
Brexit: EU Citizens In UK Could Be Shut Out Of Vital Services
Thousands of EU nationals could face problems accessing essential services because the government is refusing…
Osinbajo: We Will Soon Reopen The Land Borders
In October 2019, President Muhammadu Buhari ordered the closure of land borders to check smuggling…
Fewer Than 10% Of Americans Show Signs Of Past Coronavirus Infection, Study Finds
Fewer than 1 in 10 Americans showed signs of a prior coronavirus infection as of…
Assessing Contributions Of Bureau De Change In Foreign Exchange Stability
The Bureaux De Change Operators (BDCS) sector has for decades, remained a critical component of…
U.S. Sanctions On Chipmaker SMIC Hit At The Very Heart Of China’s Tech Ambitions
GUANGZHOU, China — The U.S. government has reportedly imposed restrictions on exports to SMIC, China’s…
Nigeria’s Growing Inflation Rate
The current rate of inflation in Nigeria, according to the National Bureau of Statistics, rose…
Dow Futures Surge More Than 300 Points Following A 4-Week Losing Streak
Stock futures jumped in early trading on Monday following a four-week losing streak on Wall…
NLC Vows To Shut Down Airports, Banks, Others From Monday
The Organised Labour in Lagos State has said all sectors would be shut from Monday.…