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Business

Nigeria’s Parliament Passes $35.66 Bln Budget For 2021

Dec 23, 2020 0
Nigeria's parliament approved on Monday the government's 2021 budget of 13.6 trillion naira ($35.66 billion),…
Business

Sterling Slumps On Tighter UK Virus Curbs, Brexit Impasse

Dec 23, 2020 0
Sterling slumped against the dollar and euro on Monday after the British government announced new restrictions…
Business

NDIC Verifies Depositors In 42 Liquidated MFBs For Payment

Dec 23, 2020 0
The Nigeria Deposit Insurance Corporation (NDIC) is in the process of closing 42 Microfinance Banks (MFBs) which…
Business

Foreign Investments In Nigerian Shares Rise By 80.6%

Dec 23, 2020 0
FOREIGN portfolio investments in the Nigerian stock market rose by 80.6 per cent to its highest level in 11 months…
Business

New Coronavirus Strain Hits Pound, Euro As Investors Seek Dollars

Dec 23, 2020 0
The British pound and the euro fell on Monday as investors sought refuge in the dollar, after a fast-spreading new…
Business

FX Market Ends Week With Naira Weakening By 0.42%

Dec 23, 2020 0
The foreign exchange market closed the week with Naira weakening by 0.42 percent after exchanging with the dollar…
Business

Zero Oil Plan Designed To Boost Foreign Exchange Earning

Dec 23, 2020 0
Director General of the Nigeria Export Promotion Council (NEPC), Segun Awolowo has explained that the zero -oil…
Business

Dangote Cement To Commence Tranche 1 Share Buyback Programme By December 30th 2020

Dec 23, 2020 0
Dangote Cement Plc ("Dangote Cement" or "DCP" or the "Company") hereby announces the commencement of its share…
World

Cameroon Says Boko Haram Infiltrates Top Business And Political Leaders

Dec 23, 2020 0
A Cameroonian official said Friday he had found evidence that, as widely suspected, Boko Haram militants have been…
Business

Oil Prices Skid As New Coronavirus Strain Fuels Demand Worries

Dec 22, 2020 0
Oil prices dropped more than 3% on Monday, as a fast-spreading new coronavirus strain that has shut down much of…
Business

Taming Nigeria’s Rising Inflation

Dec 22, 2020 0
The recent report by the National Bureau of Statistics (NBS) showed that the consumer price index (CPI) which…
Local

No Need To Panic Over New UK Coronavirus Strain, Says India’s Health…

Dec 22, 2020 0
India’s health authorities remain vigilant and prepared to deal with a new more transmissible strain of the…
Business

External Reserves Shed $567m In 2wks

Dec 22, 2020 0
The nation's external reserves fell by $567 million in the first two weeks of this month. According to the…
Business

COVID-19: Denmark Joins Growing List Of Countries To Ban Travel From UK Over…

Dec 22, 2020 0
Countries around the world have imposed restrictions on travel from the UK due to fears of a new strain of the…
Business

42 Microfinance Banks Lose Licences

Dec 22, 2020 0
The Central Bank of Nigeria (CBN) has withdrawn the operating licenses of 42 microfinance banks (MfBs). The…
World

Canada Restricts Travel From U.K. Due To New Strain Of Virus That Causes COVID-19

Dec 22, 2020 0
OTTAWA — The Trudeau government is restricting travel from the U.K. in an effort to prevent a new strain of the…
Business

‘Mobile Money Providers Will End Poor Practices In Financial Sector’

Dec 21, 2020 0
For 2021, we are certain that the worst case of coronavirus is over and believe that we will not have the…
Business

Iraq Devalues Its Currency As Economy Unravels

Dec 21, 2020 0
Iraq devalued its currency by about 20% against the dollar as the cash-strapped government faces an economic crisis…
Business

Nigeria’s Forex Reserves Drops By $132.06 Million

Dec 21, 2020 0
NIGERIA’s foreign exchange (forex) reserves dropped by $132.06 million at the weekend as the apex bank continued to…
Business

Dollar Climbs, Sterling Sinks As Coronavirus Lockdowns Stoke Haven Demand

Dec 21, 2020 0
The dollar climbed against major peers on Monday with investors seeking its relative safety as many countries…
Business

Tesla’s Elon Musk Asks About Converting ‘Large Transactions’ To…

Dec 21, 2020 0
Elon Musk on Sunday asked about the possibility of converting “large transactions” of Tesla Inc’s balance sheet…
Business

Offshore Investments By Oil Majors Plunge

Dec 19, 2020 0
OFFSHORE rig values have declined almost 42 per cent in the last 12 months, equating to a loss of around $30…
Business

U.S. Dollar On The Verge Of Becoming A Problem Currency Again

Dec 19, 2020 0
The Dollar buckled again Thursday after wading knee-deep into losses against all majors in moves that risk making…
Business

Concerns Over Rising Pirate Attacks At Gulf Of Guinea

Dec 19, 2020 0
There are concerns that the surge in cases of pirate attacks and kidnapping of crews on the Gulf of Guinea and…
Business

Bitcoin Adoption In Nigeria Soars As Central Bank Blocks Remittances In Naira

Dec 19, 2020 0
The Central Bank of Nigeria’s “Naira defense” policy is pushing more Nigerians towards Bitcoin and crypto adoption.…
Business

Oil Dips, Heads For Weekly Gain As Vaccine Rollouts Support

Dec 19, 2020 0
Oil dipped towards $51 a barrel on Friday though still headed for a seventh weekly gain in a row as investors…
Business

NIS Confirms Upsurge In Emigration

Dec 19, 2020 0
The Nigeria Immigration Service (NIS) has confirmed the increase in the number of Nigerians struggling to travel…
Business

Foreign Investment Pours Into China Despite Trade War, Pandemic

Dec 19, 2020 0
For all the talk of an economic decoupling between China and the U.S. and its allies, foreign companies continue…
Africa

Africans In Diaspora Seek To Be Included In The Continent’s Development Agenda

Dec 19, 2020 0
This was discussed at a meeting that took place in Nairobi this week attended by 150 Africans drawn from different…
Business

Oil, Power Firms Owe Nigerian Banks N5.83tn – NBS

Dec 19, 2020 0
The debts owed by energy firms to Nigerian banks rose by N200bn to N5.85tn in the third quarter of this year,…
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NIGERIA

Business

NUPENG Backs NNPC, Urges Transparency in Warri, Port Harcourt Refinery Revival MoU

May 8, 2026
Business

Nigeria Economic Reforms Strengthen Resilience Amid Global Uncertainty

May 8, 2026
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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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