NNPC Recorded N20.365b Trading Surplus In July
THE Nigerian National Petroleum Corporation (NNPC) has recorded an increased trading surplus of ¦ 20.36billion in July 2020 compared to…
Year: 2020
Cedi’s Stability Backed By Ghana’s Diverse Export Base – Economist
Economist with DataBank, Courage Kingsley Martey is confident the Ghana Cedi will remain stable when compared to its peers on…
‘Cryptocurrency Can Reduce Foreign Exchange Burden’
Opportunities presented by Cryptocurrency can help Nigeria deal with the weakness of Naira against dollar and other major currencies, Co-founder…
Outrage As Nigerian Govt Mandates Citizens To Fill ‘Self-Certification’ Forms At Financial Institutions
The Nigerian government has directed account holders in financial institutions across the country to complete a new “self-certification” form. The…
Qatar Launches Four Weekly Flights To Accra
Qatar Airways has announced that it would operate four weekly flights to Accra, Ghana via Lagos, from 29 September 2020.…
Oil Rises As Goldman Predicts Deficit, New Storm Builds In Gulf
Oil prices rose for a fourth straight day on Friday as Goldman Sachs estimated the market is in deficit and…
Here’s A First Look At The New High-End Apple Watch And What You Need To Know About It
There’s now an Apple Watch for all price ranges. Apple unveiled two new models this week — the high-end Series…
Texas Pushes Forward With Business reopenings as coronavirus cases, hospitalizations slide, Gov. Abbott says
Texas is allowing more businesses, including retail stores, gyms and restaurants, to push forward with reopening plans after a surge…
UPS To Offer Buyouts To Some Employees
United Parcel Service said on Thursday it was offering buyouts to some employees, as Chief Executive Carol Tomé aims to…
New York City Delays In-Person Earning For Middle And High School Students Until October
New York City’s public schools will adopt a phased reopening schedule to return students to the classroom, pushing back the…
European Markets Open Mixed With Coronavirus Spike, U.S. Tech In Focus
European stocks made a mixed start Friday as investors monitor a rise in coronavirus cases across the continent and the…
Coronavirus Live Updates: Israel Locks Down Again Ahead Of High Holidays; EU Strikes Vaccine Deal With Sanofi, GSK
Global cases of the coronavirus have now crossed 30 million, as new infection rates remain stubbornly high in some countries…
The 2020 Emmys Will Be An Awards Show Like No Other: ‘How Could It Possibly Go Wrong?’
The 72nd Emmy Awards will be an awards show like no other. As the first major entertainment industry awards ceremony…
Gold Firms On Economic Worries, Stimulus Hopes
Gold prices rose on Friday as gloomy U.S. jobs data cast a shadow over the economic outlook, and major central…
Dollar Steadies After Falling Overnight On Downbeat U.S. Data
The dollar was steady in early Asia trading on Friday after falling overnight as downbeat U.S. data cast a shadow…
House Democrats Question Findings Of Kodak’s Internal Review In Wake Of Botched Pharma Deal
House lawmakers on Thursday questioned the findings of the law firm hired by Kodak’s special committee to conduct an internal…
Hurricane Sally Moves Northeast As Florida, Alabama Neighborhoods Reckon With Destruction
Hurricane Sally moved northeast on Thursday after causing massive flooding and destruction on the U.S. Gulf Coast. The storm made…
Govt’ll Ensure Nigerian Traders In Ghana Get Justice, Osinbajo Assures
Vice President Yemi Osinbajo, SAN, has assured Nigerian traders in Ghana of justice in their running battle with the Ghanaian…
Inventories Hit N402 Billion Amid Weakened Purchasing Power, Forex Concerns
Despite struggling to access foreign exchange to secure raw materials, local manufacturers have decried the rising level of inventory, especially…
Petroleum Products Will Be Cheaper With Modular Refineries’
Information and Culture Minister Lai Mohammed has said the advent of modular refineries will lead to the production of cheaper…
Fake COVID-19 Certificates Bog Air Travel
Nigerians have expressed fears following confirmation by the Presidential Taskforce on COVID-19 on Tuesday that some incoming air travellers presented…
Federal Reserve Fed Holds Rates Steady Near Zero And Indicates It Will Stay There For Years
The Federal Reserve kept its pledge to keep interest rates anchored near zero and promised to keep rates there until…
Nigeria’s GDP Shrinks By 6.1% In Second Quarter
The Minister of Finance, Budget and National Planning, Dr Zainab Ahmed, has presented a report to the Federal Executive Council,…
Stranded NDDC ‘Scholars’ Hold Fresh Protest At Nigerian Embassy In UK
The students said their exclusion may have been to punish them for protesting against the delay in the release of…
Nigeria: NNPC Begins Rehabilitation Of Refineries
The Nigerian National Petroleum Corporation (NNPC) has audited the government’s ailing refineries and mobilised funds and technical resources to restore…
Economy Will Recover In Q1 2021, Says Minister
The Federal Government has predicted that the economy will rebound to positive territory in the first quarter (Q1) of 2021.…
Ethiopian Airlines Resume Flights From New Jersey To Abuja, Lagos
Africa’s largest airline, Ethiopian Airlines, has resumed passenger flights from New Jersey, United States, to Lagos and Abuja. Mr Million…
Survival Strategies Pushing Banks In Nigeria Away From Lending
The economic downturn in Nigeria is forcing the nation’s lenders to rewrite their business plans. A shortage of dollars and…
International Arrivals To Abu Dhabi Must Wear COVID-19 Tracking Device
International passengers arriving at Abu Dhabi airport will now have to wear a tracking device while they complete a mandatory…
Nigeria-Benin: Dangote Mediates Border Fight For Buhari And Talon
While the border between Benin and Nigeria has been closed since August 2019, Nigerian billionaire Aliko Dangote is acting as…