Africa Analysts Projects A Spike In FBN Holdings Share Price Oct 25, 2021 0 Shareholders and analysts in the Nigerian capital market have projected a rise in the share price of FBN Holdings…
Business NIN-SIM Linkage Subscribers Want Two-Month Extension As Deadline Nears Oct 25, 2021 0 Telecommunication subscribers are clamouring for a two-month extension of the October 31 deadline for National…
Business FG Mulls Bill On Digital Economy Oct 25, 2021 0 The Federal Government has said it is working on a bill – the Nigeria Startup Bill (NSB)- that will aid digital…
Business Oil Refining Renaissance Under Threat From Natural Gas Crisis Oct 21, 2021 0 Surging prices for natural gas are threatening to eat up the profit some oil refiners are making on their fuels,…
Business Nigeria Must Reduce Over-Dependence On Oil – Akeredolu Oct 21, 2021 0 The Ondo State Governor, Mr Rotimi Akeredolu, on Wednesday, said there was a need to develop strategies that would…
Business CBN Deepening NFIS Via E-Channel Transactions Oct 21, 2021 0 Three months after the Central Bank of Nigeria (CBN) lowered its hammer on Bureau de Change operators over alleged…
Business Customs’ Move To Impound Private Jets Oct 21, 2021 0 LAST week, the Nigeria Customs Service (NCS) threatened to impound 29 private jets on which the owners had not paid…
Business Oil Rises Modestly As U.S. Crude Stockpiles Dwindle Oct 21, 2021 0 Oil prices edged higher on Wednesday, rebounding from early losses after U.S. crude stockpiles unexpectedly fell…
Africa Nigeria Maintains Position As Africa’s Most Valuable Nation Brand Amid Pandemic Oct 21, 2021 0 Despite Covid-19 pandemic economic shocks, Nigeria has retained its position as Africa’s most valuable nation…
Local #EndSARS: Tension In Lagos Over One Year Memorial Oct 20, 2021 0 Police: Only indoor, virtual events will be allowed • Police lack powers to ban protests, Falana insists •…
Business China’s Yuan ouches Firmest Point Since June After Strong Fixing Oct 20, 2021 0 China's yuan briefly rose to its highest point against the U.S. dollar in more than four-and-a-half months on…
Local FX Turnover On FMDQ Drops By 28.4% On Reduced CBN Interventions, Foreign Portfolio… Oct 20, 2021 0 Following reduced interventions by the Central Bank of Nigeria (CBN) and a decline in foreign portfolio investment…
Local NIgerian Railway Corporation Resumes Cargo Movement From Lagos To Kano, Kaduna Dry… Oct 20, 2021 0 The Nigerian Railway Corporation (NRC), has resumed movement of cargoes in containers to Kano and…
Business Dollar Drops As Rate-Hike Bets Profilerate Elsewhere, Yuan Hits 4-Mth Peak Oct 20, 2021 0 The dollar retreated on Tuesday to a three-week low, hit by a proliferation in rate-hike bets in other markets,…
Local Enhancing Credit Recovery Mechanism To Save Economy Oct 20, 2021 0 James Emejo writes that just as lack of access to credit could hamper business and retard economic…
Business Sterling Hits One-Month High Vs Dollar As UK Rate Hike Anticipation Builds Oct 20, 2021 0 Sterling hit a four-week high against the dollar on Tuesday as expectations mount the Bank of England…
Local Dollar Sale Ban To BDCs Shows Up In Rising Cost Of Cooking Jollof Rice Oct 20, 2021 0 The average cost of cooking a pot of Jollof rice for a family of five has increased to N8,000.50 from N7,618…
Local Nigerians Lose Over N22bn To Imagine Lenders, As Owners Skip Town Oct 20, 2021 0 Not less than N22 billion in investments seem to have gone down the drain as owners of Imagine Global Solutions,…
Breaking Piggyvest: No User Fund Has Experienced Any Loss Of Any Kind Oct 19, 2021 0 An ongoing report making rounds on social media claims that Piggyvest lost N2 billion in an alleged scam involving…
Business Crypto Fraud Costs More Than $200 Million This Year, U.K. Police Say Oct 18, 2021 0 Fraud linked to cryptocurrencies surged in the first nine months of the year, U.K. Police said, with victims…
Business Oil Prices Could Be Higher For Much Longer Says Goldman Sachs Oct 18, 2021 0 Oil prices could stay at higher levels in the years to come as demand rebounds while supply remains tight,…
Business Circulation Currency Rises To N2.84tn, Says CBN Oct 18, 2021 0 The currency in circulation rose by N58.36bn to N2.84tn in September from N2.79tn in August, the latest figures…
Business Oil Continues Gain After Eighth Weekly Advance On Energy Crisis Oct 18, 2021 0 Oil advanced at the open of trading in Asia after an eighth weekly gain with the market facing a global energy…
Business Operating Licences Canceled By FG For 2 Oil Firms Over Unfair Labour Practices,… Oct 18, 2021 0 The Federal Government, through the Department of Petroleum Resources, DPR, the regulatory agency in the Nigeria…
Business Federal Government Raises PPPRA, CBN, Others’ Revenue Targets By N754.31bn Oct 18, 2021 0 The Federal Government has reviewed upwards the independent revenue projection for Ministries, Departments and…
Business Bitcoin Tops $60,000, Nears Record High, On Growing U.S. ETF Hopes Oct 15, 2021 0 Bitcoin hit $60,000 for the first time in six months on Friday, nearing its record high, as traders grew confident…
Business Powell Still Favorite For Fed Reinstatement But Investors Examine Alternatives Oct 15, 2021 0 Jerome Powell may still be the clear favorite to get renominated as Federal Reserve Chairman, but some investors…
Local ABCON Seeks Measures To Curb Naira Depreciation Oct 14, 2021 0 The Association of Bureaux De Change Operators of Nigeria (ABCON) has advocated measures to curb the continued…
Business House Of Representative Expressed Concern Over High Rate Debt Servicing: 2022… Oct 14, 2021 0 As the legislative debate on the 2022 budget, which was presented to the joint session of lawmakers by President…
Africa Absa Africa’s Financial Index Ranked Nigeria As Third Attractive Destination… Oct 14, 2021 0 The Absa Africa Financial Markets Index 2021 (AAFMI) has ranked Nigeria as the third most attractive country in…