Business U.K.’S Patel To Unveil Post-Brexit Overhaul Of Immigration May 24, 2021 0 U.K. Home Secretary Priti Patel is set to announce a “wholesale” reform of the nation’s immigration system in the…
World Nigeria Economic Growth Picks Up As Oil And Factory Output Rise May 24, 2021 0 Nigeria’s economic growth quickened in the first quarter as oil output started to recover and manufacturing…
Business Bitcoin Resumes Selloff Over Weekend, Falls Below $32,000 May 24, 2021 0 The bitcoin selloff continued Sunday following a roller-coaster week of trading, as authorities in China and the…
Business NNPC Reverses Full Deregulation, Remits Zero Revenue At April FAAC May 24, 2021 0 Nigerians may heave a sigh of relief, as the impact of full deregulation of petroleum products in the country by…
World Consolidation In FX May Be Welcome Given The Volatility Elsewhere May 24, 2021 0 The reluctance of the Federal Reserve officials to signal a recalibration of policy given the booming economy,…
World PBOC Says It Will Maintain Exchange Rate ‘Basically Stable May 24, 2021 0 China’s central bank said it will maintain the exchange rate of the yuan at “basically stable” levels after recent…
Business Nigerians Kick Against NCC Plan For Phone ID Warehouse May 24, 2021 0 Nigerians have in their numbers voiced opposition against the Nigerian Communications Commission’s plan to obtain…
Business NBS’ Q1 Results: Rewane, Others Differ On Economic Growth May 24, 2021 0 As the headline inflation for April drops by 0.5 per cent to 18.12 per cent in April, Managing Director of…
Business White House Makes $1.7 Trillion Infrastructure Counteroffer — But Republicans Say… May 24, 2021 0 WASHINGTON — White House aides working on a bipartisan infrastructure deal made a counteroffer on Friday to…
Business Stocks could be volatile in week ahead amid turbulence from cryptocurrency May 21, 2021 0 The trading pattern of the past two weeks – particularly alongside cryptocurrency’s movements – suggests stocks…
Business Forex Speculators To Lose N100bn As CBN Sustains Funding For BDCs May 21, 2021 0 Foreign exchange speculators will lose over N100 billion in the next month as the Central Bank of Nigeria (CBN)…
Business Nigeria Governors Call For Full Deregulation Of Fuel Prices May 21, 2021 0 Nigeria’s governors have called for a full deregulation of the country’s downstream oil sector so that pump price…
Business African Financing Faces Mounting Challenges May 21, 2021 0 International banks are increasingly reluctant to commit to African projects, although domestic banks are growing…
Local Naira Sells For N411.31/$1 At I&E As Cryptos Recover May 21, 2021 0 Despite a drop in the demand for FX at the Investors and Exporters (I&E) window of the foreign exchange market…
Business EU Disburses €10m To Combat Human Trafficking In Nigeria May 21, 2021 0 The European Union (EU) says it has invested 10 million euros in Action Against Trafficking in Persons and…
Business China Should Let Yuan Rise To Offset Imported Price Rises, C.Bank Official Says May 21, 2021 0 China should let its yuan currency strengthen to help offset the impact of rising import prices, a central bank…
Business CNY: Hints Of A PBoC Change In FX Policy Priorities? May 21, 2021 0 A central bank official has today proposed that China should let the yuan appreciate to offset the rising costs of…
Business Nigeria’s Biggest Data Center To Double Capacity On Demand Surge May 21, 2021 0 Nigeria’s biggest data services firm, MainOne Cable Co., plans to almost double storage capacity over the next two…
Business IMF Pushes G20 States To Back $50bn Global Mass Vaccination Drive May 21, 2021 0 Wealthy nation backing for a $50bn (£35bn) mass global vaccination drive could provide a $9tn boost to the world…
Business Hong Kong To Restrict Crypto Exchanges To Professional Investors May 21, 2021 0 Cryptocurrency exchanges operating in Hong Kong will have to be licenced by the city’s markets regulator and will…
Business Pound Hits Two-Year High Against Dollar Amid Optimism For UK Recovery – May 21, 2021 0 The pound reached a two-year high against the dollar (GBPUSD=X) on Friday amid rising hopes for a rapid economic…
Business Green Africa Gets Nod For Ticket Sales May 21, 2021 0 Lagos-based airline, Green Africa, is set to commence ticket sales via its website – greenafrica.com ahead of…
Business Sterling Steadies After Strong Retail Sales Data; PMIs In Focus May 21, 2021 0 The British pound was steady in early trading on Friday, on track for a weekly rise versus the dollar, after…
Business China Will More Than Double Millionaires By 2025, HSBC Says May 21, 2021 0 Pedestrians walk past a Prada SpA store in the Wangfujing shopping area of Beijing, China, on Monday,…
Business Bitcoin’s Claim Of Rivaling Gold As Portfolio Hedge Loses Luster May 21, 2021 0 ISTANBUL, TURKEY - APRIL 16: A woman uses a bank ATM next to a Bitcoin ATM machine at a shopping mall on…
Business Nigeria Has World Bank’s Largest Portfolio Of More Than $12b, Says Malpass May 21, 2021 0 World Bank Group President David Malpass and Vice President for Western Africa, Ousmane Diagana, in a…
Business Nigerians To Pay N234 Billion Taxes Monthly With Petrol At N385 Per Litre May 21, 2021 0 Tougher times are here and any pretension to the contrary has been ripped to shreds with Wednesday’s resolution of…
Business Nigeria To Release Swiss Ship Seized Three Years Ago May 21, 2021 0 The Federal Government has agreed to release the Swiss-flagged San Padre Pio oil tanker that was seized in January…
Business WorldRemit Reaffirms Commitment To CBN’s Naira 4 Dollar Scheme May 21, 2021 0 Global cross-border payment company, WorldRemit, has said it would continue to reward customers who receive…