Business CBN, ICT As Economic Stimulant Apr 22, 2021 0 Lagos — The information and communications technology (ICT) sector has in recent times been a major player in…
Business CBN To Sanction Banks, FX Dealers Rejecting Old Dollar Bills Apr 22, 2021 0 Deposit Money Banks (DMBs) and other authorised foreign exchange (forex) dealers rejecting old/lower denominations…
Business Shippers Council Targets 80% Automation By June Apr 22, 2021 0 The Nigerian Shippers’ Council (NSC) says it hopes to achieve 80 per cent automation of the entire seaport…
Business Pound-Dollar To Extend Gains To 1.45 By June 2021 Day NAB Apr 22, 2021 0 The British Pound to Dollar (GBP/USD) is forecast at 1.4500 for June 2021 and 1.50 for December. Foreign…
Business Higher Oil Prices Push Up External Reserves By $409m Apr 22, 2021 0 The country’s external reserves returned to a growth path as it gained $409m in two weeks, latest figures…
Business Dollar Struggles To Recover After Slump To 7-Week Trough Amid Lower U.S. Yields Apr 22, 2021 0 The dollar languished on Wednesday, hovering just above a seven-week low with subdued U.S. bond yields reducing the…
Business Sterling Holds Ground As UK Inflation Ticks Higher Apr 22, 2021 0 "CPI isn't a story that will be driving sterling in the short term", said Jeremy Stretch, a foreign exchange…
Business FG Admits Revenues Crashing, Says Nigeria Faces Hard Times Apr 21, 2021 0 The Minister of Finance, Budget and National Planning, Zainab Ahmed, on Monday admitted that Nigeria’s economy was…
Business NEWS WIRE Investing 9h Ago China’s Yuan Adds Renewed Momentum To Global Reflation… Apr 20, 2021 0 China’s yuan is overvalued, and that could end up stoking global inflation. The yuan ranks as the most…
Business HSBC: Buy The Euro, Sell The Pound As UK Good Vaccine News Priced In Say HSBC Apr 20, 2021 0 Euro-to Pound (EUR/GBP) losses during the first quarter of 2021 were driven by the UK vaccine programme, but HSBC…
Business ABCON Seeks Measures To Boost Diaspora Remittances Apr 20, 2021 0 The Association of Bureaux De Change Operators of Nigeria (ABCON) has called on the Central Bank of Nigeria (CBN)…
Business Inflation Rate: The 18.17% Rise Of A Monster Apr 20, 2021 0 Nigeria's March 2021 inflation rate of 18.17% has riled analysts as the economy gets caught in deep undercurrents.…
Business ABCON Calls On CBN To Check Cryptocurrencies’ Impact On Diaspora Remittances Apr 20, 2021 0 The Association of Bureaux De Change Operators of Nigeria (ABCON) has charged the Central Bank of Nigeria (CBN) to…
Business Local Currency Sells For N410.33/$ At I&E Apr 20, 2021 0 The exchange rate of the Naira against the United States Dollar at the Investors and Exporters (I&E) window of…
Business CANADA FX DEBT-Canadian Dollar Notches 1-Month High Ahead Of Federal Budget Apr 20, 2021 0 The Canadian dollar strengthened to a one-month high against its U.S. counterpart on Monday, as the greenback…
Business Dollar Slide Extends Apr 20, 2021 0 Overview: The selling pressure on the greenback, evident last week, despite a series of stronger than expected…
Business Oil & Gas: Nigeria To Account For 23% Of Projects In Africa By 2025 –… Apr 20, 2021 0 Nigeria may account for 23 percent of all oil and gas projects in Africa within the next four years, a report by…
Local Nigeria’s Commercial Hub Sets Up Anti-Graft Body To Investigate Officials Apr 20, 2021 0 Lagos state, which is home to Nigeria’s commercial hub, set up an anti-corruption agency to investigate…
Business Currency In Circulation Hit N2.8tn In March – CBN Apr 20, 2021 0 Currency in circulation rose by N29bn to N2.81tn as of the end of March from N2.78tn as of the end of February, the…
Business Bolt Reacts As Drivers, Uber Operators Begin Strike Apr 20, 2021 0 Bolt and Uber drivers began a strike on Monday to demand an upward review of the fares charged by the…
Business China Leaves Lending Benchmark Rate Steady For 12th Straight Month Apr 20, 2021 0 China kept its benchmark lending rate for corporate and household loans steady for the 12th straight month at its…
Banking Bank Of England Joins Global Peers Exploring A Digital Currency Apr 20, 2021 0 Britain’s Treasury and the Bank of England are weighing the potential creation of a central bank…
Banking UK Banks Launch 95% Mortgages: Everything You Need To Know Apr 20, 2021 0 A new government-backed mortgage scheme has launched in the UK which will help first-time buyers, or current…
Banking Sterling Bank Launches Mobile POS Solution Apr 19, 2021 0 Sterling Bank Plc has launched a product called ‘OnePay for Business’, a mobile app that empowers merchants to use…
Business Autoshow Chip Shortage Casts Shadow On China’s Auto Industry Recovery Apr 19, 2021 0 Auto industry executives are rattled by a global shortage of semiconductors which is hitting production in China,…
Business Coca-Cola Revenue Rises Past Estimates On Easing Pandemic Curbs Apr 19, 2021 0 Coca-Cola Co trounced Wall Street estimates for quarterly revenue on Monday, fueled by strong demand for its…
World Arizona Mining Fight Pits Economy, EVs Against Conservation, Culture Apr 19, 2021 0 Early last year, Darrin Lewis paid $800,000 for a hardware store in a tiny Arizona town where mining giant Rio…
Business Harley-Davidson Boosts Sales Forecast As Quarterly Shipments Rise Apr 19, 2021 0 U.S. motorcycle maker Harley-Davidson on Monday reported a 10% rise in first-quarter revenue and raised it…
Investing European Shares Hit Highs As Markets Upbeat About Recovery Prospects Apr 19, 2021 0 World shares traded near record highs on Monday, as markets were generally upbeat about the prospects for a global…
Banking U.S. Banks Deploy AI To Monitor Customers, Workers Amid Tech Backlash Apr 19, 2021 0 Several U.S. banks have started deploying camera software that can analyze customer preferences, monitor workers…