DPR Cautions Against Panic Buying, Hoarding Of Petrol During Festivities
The products are available, and the government has made sufficient provision to cover this festive period till 2021. As Nigerians…
Year: 2020
UK Holidaymakers Barred From EU After 1 January Under Covid Rules
European commission indicates Britons will face ban on nonessential travel at end of Brexit transition British holidaymakers will be barred…
Naira Devaluation As False Economics
After decades long of word counts and verbal exchanges on Naira devaluation and “oil subsidy removal”, yours sincerely is truly…
FG Crashes Data Price By 50 Percent
The Federal government said on Thursday that the price of data has been reduced by more than 50 percent following…
British Pound Falls About 0.5% After Johnson-Von Der Leyen Meeting
he British pound fell 0.5% in early Asian trade on Thursday after British Prime Minister Boris Johnson and European Commission…
My Account Frozen Over N30,000 Protest Donation –#EndSARS Campaigner
An #EndSARS campaigner, Saadat Bibi, has said her account with Access Bank was frozen on the instruction of the Central…
Naira Bounces Back At Black Market With N5 Gain
Against all odds, the Naira came back stronger against the US Dollar at the parallel market on Wednesday, December 9,…
UK Warns People With Serious Allergies To Avoid Pfizer Vaccine After Two Adverse Reactions
Britain’s medicine regulator has advised that people with a history of significant allergies do not get Pfizer-BioNTech’s COVID-19 vaccine after…
INFLATION: Agusto & Co Warns Nigerians Against Liabilities In Hard Currencies
Due to the weakening of the Naira value against the world’s major currencies, Nigerians should not build up liabilities in…
Shell Former Upstream Chief: Nigeria Oilfield Deal Was ‘Lawful And Correct’
Shell’s former international upstream head Malcolm Brinded had no reason to think that the awarding of the OPL-245 oilfield license…
Poor Countries Set To Miss Out On Covid Vaccines As Wealthier Nations Hoard Doses, Campaigners Warn
LONDON — A coalition of campaigning bodies has warned people in lower-income countries are likely to miss out on a…
Special Report-How Oil Majors Shift Billions In Profits To Island Tax Havens
Bermuda and the Bahamas aren’t exactly big players in the oil-and-gas world. They don’t produce any of the fuels at…
US Visa Applicants Should Answer Officers’ Questions Honestly – Consular Coordinator
Susan Tuller is the country consular coordinator for the US Mission in Nigeria. Prior to Lagos, she had served as…
Weak Naira Threatens Nigerians’ Ability To Afford International Degree
As dollar shortage in Nigeria persists amid falling oil prices due to the global demand drop in the wake of…
38,051 Foreigners Applied For Nigeria Citizenship In 2 Years – FG
THE Federal Government on Wednesday disclosed that it received a total of 38,051 Citizenship applications from September 2018 to October…
Rising Exchange Rate Poses More Difficulty For Importers, Says Expert
Continuous rising of foreign exchange may pose more difficulty for importers in the coming year, the National President, Association of…
Dollar Nears 2 1/2-Year Lows As Vaccine Optimism Grows
The U.S. dollar fell towards a two-and-a-half-year low on Wednesday as progress in combating the COVID-19 pandemic boosted risk appetite…
U.S Enforces 6 Month Passport Validity Rule For Christmas Travels
The United States Embassy in Nigeria has advised both U.S citizens and dual nationals to ensure that their international passport…
Airline Operators Explain Hike In Airfares
The almost 70 per cent rise in domestic airfares have attributed it to the weakening exchange rate, paucity of operating…
Sterling Hits Intraweek High As Johnson Heads To Last-Ditch Brexit Meeting In Brussels
Sterling rose against a broadly weaker dollar on Wednesday after three days of losses as British Prime Minister Boris Johnson…
OPEC: Nigeria’s Crude Oil Export Earnings Rebounded By 116% In November 2020
The Organisation of Petroleum Exporting Countries (OPEC) says Nigeria’s crude oil export earnings recorded a rebound of 116 percent in…
Nigeria’s Foreign Trade With US Slumps As Exports Drop
Nigeria’s foreign trade with the United States has averaged N2 trillion in the last 3 years but is on track…
Nigeria To Spearhead Africa Refinery Capacity Additions
Nigeria is expected to drive the refinery capacity growth in Africa by 2024, contributing around 71% of the region’s total…
‘Polaris Bank Paying Dollars To Money Transfer’s Beneficiaries’
POLARIS Bank has started the payment of dollars to beneficiaries of money transfer across all its branches. The bank, in…
Fed Govt Scores Port Operator Low On Automation
The Nigerian Shippers Council (NSC) on Tuesday scored the Port & Cargo Handling Services (P&CHS) Limited very low on automation…
New N162 Petrol Pump Price Triggers Confusion, Queries
At a time Nigerians are yet to come to terms with the last increase in pump price of Premium Motor…
Hope Rises For Cocoa Farmers As NEXIM Pledges Support For Value Chain Development
The Nigerian Export-Import Bank (NEXIM) has pledged to assist players in the African cocoa value chain so as to boost…
China Set To Bail Out Iraq With Multibillion-Dollar Oil Deal
Iraq is poised to sign a multibillion-dollar contract with China ZhenHua Oil Co., a bailout from Beijing for the cash-strapped…
Nigerian Arrested At Jomo Kenyatta Airport Carrying Sh100m In Bag
The Assets Recovery Agency (ARA) is seeking court orders to freeze over Sh100 million seized from a Nigerian at the…
Naira Devaluation Risky For Foreign Currency Loans, Says Report
The devaluation of the naira against global currencies will impact negatively on foreign currency loans and weaken capital base for…