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Day: April 23, 2021

Top Global Central Banks Close Three-Month Dollar Cash Tap
BusinessWorld

Top Global Central Banks Close Three-Month Dollar Cash Tap

The central banks of the the euro zone, Britain, Japan and Switzerland said on Friday they would discountinue a three-month…

byEkeminiApril 23, 2021
Bitcoin Price Crash: Half A Trillion Dollars Wiped From Crypto Market As Btc Falls Below $50k
BusinessWorld

Bitcoin Price Crash: Half A Trillion Dollars Wiped From Crypto Market As Btc Falls Below $50k

The price of bitcoin has plummeted $15,000 from its recent all-time high, falling below $50,000 for the first time since March. The…

byEkeminiApril 23, 2021April 23, 2021
Nigeria Exports To Indonesia Over $700m’
BusinessLocal

Nigeria Exports To Indonesia Over $700m’

Director of the Indonesian Trade Promotion Centre, Hendro Jonathan, said Nigeria exported goods worth 700 million dollars to Indonesia last…

byEkeminiApril 23, 2021
$160m Forex Spent On Food Import In January
Local

$160m Forex Spent On Food Import In January

The country spent $160m from its foreign exchange on food importation in January according to figures obtained from the Central…

byEkeminiApril 23, 2021
Customs Intercepts 42 Drums Of Explosives At Sango-Ota
BusinessLocal

Customs Intercepts 42 Drums Of Explosives At Sango-Ota

The Federal Operations Unit (FOU), Zone A of the Nigeria Customs Service (NCS) on Wednesday intercepted 42 drums of calcium…

byEkeminiApril 23, 2021
Nigeria Needs 300,000MW Electricity For Double-Digit Growth
BusinessLocal

Nigeria Needs 300,000MW Electricity For Double-Digit Growth

The aspiration of growing the economy at a double-digit rate may remain a mirage unless electricity output increases to 300,…

byEkeminiApril 23, 2021
China’s Booming Economy Is Fueling Alternative Yuan Trades
BusinessWorld

China’s Booming Economy Is Fueling Alternative Yuan Trades

Optimism over China’s economy is fueling some alternative bets in the foreign-exchange market. Buy the yuan against the Singapore dollar…

byEkeminiApril 23, 2021
Reps Probe Delay In Ports Concession, Privatisation Review
BusinessLocal

Reps Probe Delay In Ports Concession, Privatisation Review

The House of Representatives has resolved to investigate the delay in the review of the agreements signed by the Federal…

byEkeminiApril 23, 2021
Nigerians exceed IMF’s 30% dollar deposits threshold
BusinessLocal

Nigerians exceed IMF’s 30% dollar deposits threshold

Dollar deposit by Nigerians in banks has exceeded the 30 per cent threshold approved by International Monetary Fund (IMF), a…

byEkeminiApril 23, 2021
UK Borrows 303 Billion Pounds In 2020/21 Financial Year
BusinessWorld

UK Borrows 303 Billion Pounds In 2020/21 Financial Year

Britain’s government borrowed 303.1 billion pounds ($420.1 billion) in the financial year which ended last month, an increase of 246…

byEkeminiApril 23, 2021
Top Forecaster Sees Aussie Rising To 85 U.S. Cents By Next Year
BusinessWorld

Top Forecaster Sees Aussie Rising To 85 U.S. Cents By Next Year

Australian one hundred dollar and fifty dollar banknotes are arranged for a photograph in Sydney, Australia, on Wednesday, May 23,…

byEkeminiApril 23, 2021

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