Business China Will Need To Give Up FX Controls Eventually, PBOC Official Says May 19, 2021 0 BC-China-Will-Need-to-Give-Up-FX-Controls-Eventually-PBOC-Official-Says , Bloomberg News (Bloomberg)…
Business Hedging Against Inflation May 19, 2021 0 Goddy Egene writes that as inflation rate remains above 18 per cent, the stock market still provides investors…
Business Pension Assets Rise To N12.34 Trillion In March May 19, 2021 0 Nigeria’s total pension fund assets appreciated by N100 billion in March to rally at N12.34 trillion as against the…
Business Big Institutional Investors Are Dumping Bitcoin And Going Back Into Gold, JPMorgan… May 19, 2021 0 Institutional investors are dumping bitcoin in favor of gold, reversing a recent trend that’s played out over…
World UK’ll Deny Visas To Nigerians Who Disrupt 2023 Polls – British High… May 19, 2021 0 BRITISH High Commissioner to Nigeria, Catriona Laing, has said the United Kingdom, UK, would deny visas to…
Business Mobile Money Is Helping Airtel Africa And Its Rivals Bounce Back From Covid-19 May 19, 2021 0 Mobile money is providing a much-needed revenue buffer against disruptions from the coronavirus pandemic for…
Business Boris Johnson Fleshes Out Plans To ‘Level Up’ Prosperity In U.K. May 19, 2021 0 Prime Minister Boris Johnson attempted to refocus attention on his “leveling up” agenda by unveiling plans to…
Business Investors Shun Naira Debt Over Inflation Concerns May 19, 2021 0 Elevated inflation and dwindling liquidity concerns are keeping investors away from Nigeria’s localcurrency debt,…
Business Ghana Markets Regulator Says Local Stocks May Add To 30% Gains May 19, 2021 0 Ghana stocks may extend gains in 2021 of more than 30%, snapping three years of declines, as falling returns in the…
Business INTERVENTION FUNDS: Emefiele Tackles Critics Over Regional Spread May 19, 2021 0 THE Governor, Central Bank of Nigeria (CBN), Godwin Emefiele, has faulted claims that the bank’s targeted…
Business Clearing Agents Seek Better Ports May 19, 2021 0 National President, Association of Nigeria Licensed Customs Agents (ANLCA), Tony Iju, has felicitated with…
Local Buhari Hails Emergence Of New Era At Nigerian Capital Market May 19, 2021 0 President Muhammadu Buhari has lauded the historic roles of the Nigerian capital market in national…
Business Canadian Exporters Rejig Currency Hedges As Commodities Boom May 19, 2021 0 Canadian exporters are adjusting their currency hedges and buying the loonie at stronger levels, in a sign market…
Business Banks Set Monthly Cash Deposit Limit For Domiciliary Accounts May 19, 2021 0 The amount of cash that can be deposited into domiciliary accounts of customers in Nigeria has been reduced by…
Business Yuan Slips As Sino-U.S. Tensions Weighs On Appetite May 19, 2021 0 China's yuan slipped on Wednesday as Sino-U.S. tensions weighed on risk appetite, defying central bank attempts to…
Business Bitcoin Tumbles Below $40,000 After China Issues Warning May 19, 2021 0 Bitcoin plunged below $40,000 for the first time in more than three months Wednesday after China said…
Business Nigeria Eyes $3b From Eurobond’s Sale May 19, 2021 0 Nigeria plans to issue $3 billion or more in Eurobonds as international capital markets (ICM) open up and interest…
Business $280 billion wiped off crypto market as bitcoin falls below $40,000 for first time… May 19, 2021 0 Bitcoin fell sharply on Tuesday continuing a major sell-off that began a week ago. The digital currency fell…
Business EM’s Worst Bond Rout Far From Over As Nigeria Fights Inflation May 19, 2021 0 The emerging world’s worst bond rout isn’t over yet as elevated inflation and dwindling liquidity concerns keep…
Business Shell Green Plans Under Scrutiny As Holders Seek More Action May 18, 2021 0 Royal Dutch Shell Plc has been under increasing pressure from investors to slash emissions and pivot toward cleaner…
Business Overvalued Dollar Will Weaken Further If Fed Fails To Respond To Higher Inflation:… May 18, 2021 0 According to MUFG analysts, the US Dollar (USD) remains overvalued in global currency markets. Inflation…
Business Fall In Nigeria’s Remittances Drag SSA Total Remittances In 2020 May 18, 2021 0 A World Bank report states that diaspora remittances to Sub-Saharan Africa (SSA) declined by 12.5% to US$42bn in…
Business UK Sends $5.97 Mln Of Jailed Politician’s Stolen Assets To Nigeria May 18, 2021 0 The dollar teetered near multi-month lows against European currencies on Tuesday as Treasury yields stall due to…
Business Immigration Suspends Issuance Of New Passports, Renewals Till June May 18, 2021 0 The Nigeria Immigration Service has announced the nationwide suspension of issuance of new passports and renewal of…
Business Shell In Talks With Nigeria To Exit Onshore Oil Fields As Part Of Green Push May 18, 2021 0 --After half a century of pumping oil out of Nigerian swamps, Royal Dutch Shell Plc acknowledged that its…
World China Bans Financial, Payment Institutions From Cryptocurrency Business May 18, 2021 0 China has banned financial institutions and payment companies from providing services related to cryptocurrency…
Business Finally, £4.2m ‘Ibori Loot’ Returns To Nigeria, FG Confirms Receipt May 18, 2021 0 The Federal Government, on Tuesday, confirmed the receipt of the sum of £4,214,017.66 of the loot associated with…
Business Nigeria’s Buhari Asks Parliament To Approve $6.18 Bln Of New External… May 18, 2021 0 Nigeria’s President Muhammadu Buhari requested on Tuesday parliamentary approval for new external borrowing of…
Business Exchange Rate Policy Ambiguities, Forex Scarcity Worsen Business Environment May 18, 2021 0 The recent move by the Central Bank of Nigeria to erase the N379 official exchange rate from its website has raised…
Business Sterling Rises Above $1.42 After UK Jobs Data May 18, 2021 0 Versus a weaker dollar, the British pound rose to a three-month high on Tuesday, with sentiment also boosted by…