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Business

How Wema Bank Is Supporting Nigerians With Loan Offerings

Jun 2, 2021 0
There are many reasons to take out a loan. From needing a bigger shop or office space to buying a new device, or…
Business

Dollar Set For Second Consecutive Monthly Loss Vs Euro And Pound

Jun 2, 2021 0
The dollar came under pressure on Monday and was heading for its second consecutive monthly loss against the euro…
Business

Pound Touches Three-Year High Against The Dollar

Jun 2, 2021 0
The pound reached to a three-year high against the dollar on Tuesday, boosted by thin trade that gave…
Business

External Reserves Dropped By $640m In May – CBN

Jun 2, 2021 0
The country’s external reserves lost $640m in May, falling to $34.24bn on May 28 from $34.88bn as of April 28.…
Business

Dollar Gets Respite As U.S. Manufacturing Picks Up, Jobs Report Awaited

Jun 2, 2021 0
The dollar clung to small overnight gains on Wednesday, edging back from near a five-month trough versus major…
Business

China Yuan Assets Not A ‘Bargaining Chip’ For Gamblers, Xinhua Warns

Jun 2, 2021 0
Chinese yuan-denominated assets are not a “bargaining chip” for gamblers, the official Xinhua news agency said in a…
Africa

Sub-Saharan Africa Most Expensive Globally To Send And Receive Money

Jun 2, 2021 0
The cost of remittances in sub-Saharan Africa was the highest, averaging 8.17 percent in the fourth quarter of 2020…
Business

Sterling Hits Fresh 3-Year High As Investors Bet On UK Recovery, House Price…

Jun 2, 2021 0
The pound edged lower on Tuesday after touching a fresh three-year high versus the dollar amid expectations for a…
Business

Stock Market Sheds N812bn In May As Investors Weigh Options

Jun 2, 2021 0
The rally witnessed in the equities market in April was halted in May as rising yields in the fixed income…
Business

Australia Central Bank Holds Rates As Economy Bolts Ahead, A$ Slips

Jun 1, 2021 0
Australia’s central bank left its cash rate at record lows on Tuesday and reiterated its lower-for-longer policy…
Business

7,000 Oil Reserves Discovered, Only 1,700 Producing – Nigerian Government

Jun 1, 2021 0
The Federal Government on Monday disclosed that out of 7,000 oil reserves that have been…
Local

We’re Significantly Decongesting Lagos Ports, Says NPA

Jun 1, 2021 0
The Nigerian Ports Authority has said it is making significant progress in decongesting the ports in Lagos with the…
Business

Canada FX Debt-C$ Heads For Monthly Gain As Current Account Swings To Surplus

Jun 1, 2021 0
The Canadian dollar edged lower against its U.S. counterpart on Monday, but was on track to notch its fourth…
Business

Nigerian Equities Could Rise, But Upside Is Capped

Jun 1, 2021 0
Global X MSCI Nigeria ETF (NYSEARCA: NGE) provides predominantly U.S. investors with the chance to gain direct…
Business

China C.Bank Says To Raise FX Reserve Requirements

Jun 1, 2021 0
China’s central bank said on Monday that it will raise the FX reserve requirement ratio for financial institutions…
Business

Nigerians Trade N69.29bn Bitcoin In Five Months Despite Ban

Jun 1, 2021 0
Nigerians traded N69.29bn ($169m) in bitcoin volume in the first five months of 2021, according to data analysed…
Business

Yuan Stabilises After New FX Requirements, Corp Clients Told To Hedge

Jun 1, 2021 0
China's yuan clawed back earlier losses on Tuesday taken after authorities ordered banks to increase…
Business

Pound’s Gain To Three-Year High Cut Short Amid Variant Concerns

Jun 1, 2021 0
The pound retreated after hitting its strongest level in three years as concern over a new coronavirus strain…
World

Precious-Gold Prices Near 5-Month Peak On Weaker Dollar, Inflation Worries

Jun 1, 2021 0
Gold prices scaled a near five-month high on Tuesday, driven by a weaker dollar and growing inflationary pressures,…
Business

NNPC Plans To Acquire Stakes In Six Private Refineries

Jun 1, 2021 0
The Nigerian National Petroleum Corporation on Monday said it is currently considering equity…
Business

Economy Can Handle The Sharp Rise In Inflation, Market Bull Ed Yardeni Predicts

Jun 1, 2021 0
The post-lockdown spending frenzy may contribute to a sharp rise in inflation, but Ed Yardeni believes the economy…
Business

Stock Investments Drop By N1.02trn As Buyers Shift To Fixed Income

Jun 1, 2021 0
Investments on the Nigerian stock market declined by N1.022 trillion in the first five months of the year.…
Local

Nigeria Opens Bid For Highway Development, Management

Jun 1, 2021 0
The initiative is aimed at creating alternative sources of financing road development and management in the…
Local

Federal Government: $40bn Investments Needed To Boost Power Supply In Nigeria

Jun 1, 2021 0
The federal government has said that there’s still a lot of financing gap in the country’s power sector, requiring…
Local

Corrected-Forex-Dollar In Doldrums As Traders Ponder Fed Policy Path; Sterling…

Jun 1, 2021 0
The dollar languished near multi-month lows versus major peers on Tuesday, as traders pondered the prospects for…
Business

Apprehension As Naira Crashes To N700/£1 At Parallel Market

Jun 1, 2021 0
The foreign exchange (Forex) market in Nigeria was thrown into a panic mood on Monday when the value of the Naira …
Business

Nigerian FX Volumes Rose 0.72pc To $1.25bn Week Ago

Jun 1, 2021 0
ABUJA: A total of $1.250 billion traded across Nigeria's currency markets last week, up 0.72% from a week earlier,…
Business

Bank of America names its ‘best’ stocks to play the U.S. and global recovery

Jun 1, 2021 0
Analysts from Bank of America have picked stocks set to get a boost as economies in the U.S. and Europe recover…
Business

Chinese yuan will become a top reserve currency sooner than expected, says Ray…

Jun 1, 2021 0
The Chinese yuan will become a global reserve currency sooner than most people expect, said billionaire…
Business

Coming Supreme Court decision in major LGBT rights case seen as bellwether of…

May 31, 2021 0
The Supreme Court is expected to release a decision in the coming days that could provide the first glimpses of how…
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NIGERIA

Business

No New Vehicle Tax Introduced by Federal Government, NRS Clarifies Viral Claim

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Business

Bank Recapitalisation in Nigeria: Tinubu Commends CBN’s Cardoso Over Bold Financial Reforms

Apr 27, 2026
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CBN Mops Up N2.8 Trillion from Banks to Tighten Liquidity and Stabilise Naira

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Dangote Refinery Expansion to Create 95,000 Jobs as Capacity Hits 1.4 Million Barrels Per Day

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World

UN Warns Trump Against Iran Strikes as Deadline Nears:…

Apr 7, 2026

Saudi warns of $50 oil if OPEC+ fails to honour cut deal

Oct 3, 2024

Walz, Vance clash at policy-heavy vice presidential debate

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