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Business

PwC: Nigeria’s Economy Will Perform Better Than IMF, World Bank Projections

Dec 16, 2020 0
This is contained in the December 2020 Nigeria Economic Alert released by the firm on Monday. It projected that…
Business

Don’t Open Borders, NASME Tells FG

Dec 16, 2020 0
The National Association of Small and Medium Enterprise has advised the President, Major General Mohamadu Buhari…
Business

Court Declares Stamp Duty On Bank Transactions Illegal

Dec 16, 2020 0
A FEDERAL High Court sitting in Asaba Delta State has ruled that it is illegal for banks to charge depositors N50…
Business

The Australian Dollar Is Surging On Record Iron Ore Prices As Tensions With China…

Dec 16, 2020 0
SINGAPORE — The Australian dollar has leaped to its highest in more than two years, helped by surging iron ore…
Business

External Reserves Dip By $269.47m In Five Weeks

Dec 16, 2020 0
The country’s foreign reserves fell by $269.47m in five weeks, the latest figures obtained from the Central Bank of…
Business

Dollar Heavy Amid Stimulus Progress, Pound Buoyed By Brexit Hopes

Dec 16, 2020 0
The dollar traded near 2 1/2-year lows against major peers on Tuesday as demand for the safest assets flagged amid…
Local

Lagos Lists 300 Distressed Buildings For Demolition

Dec 16, 2020 0
The General Manager, Lagos State Building Control Agency, Mrs Abiola Kosegbe, said it has listed about 300…
Business

Equities Market Opens Week Bullish, Investors Gain N309.8bn

Dec 16, 2020 0
Equities trading on the Nigerian Stock Exchange (NSE) begins the week on a positive note as the market indicators…
Business

Rapid China Inflows Spur Call For Strongest Yuan Since 1993

Dec 16, 2020 0
The yield on China’s 10-year government bonds climbed in recent months on speculation the PBOC will start to exit…
Business

FG Suspends Issuance Of FTZs Licences

Dec 16, 2020 0
The Federal Government has suspended issuance of licences for the operations of Free Trade Zones (FTZs) in the…
Business

Banks’ Non-Performing Loans Now N1.17tn – NBS

Dec 15, 2020 0
Non-performing loans in the Nigerian banking sector fell by N42.4bn in three months, latest figures from the…
Business

Oil Rises From The Ashes As The Big Coronavirus Recovery Trade

Dec 14, 2020 0
Brent crude topped $50 a barrel last week for the first time since March, a milestone for an oil market that’s been…
Business

OPEC+ Countries To Hold Jan. 4 Talks, Algeria Says

Dec 14, 2020 0
Algerian Energy Minister Abdelmadjid Attar said on Sunday that OPEC+ countries will meet on Jan. 4 to study the…
Business

Deregulation: Nigerians Overpaying For Petrol – Expert

Dec 14, 2020 0
At a pump price of N167 per litre, Nigerians are currently overpaying for fuel, an industry expert, Alhaji Rabiu…
Local

As FG Woos Global Investors At GITEX 2020

Dec 14, 2020 0
This year’s Gulf Information Technology Exhibition (GITEX) event and conference, which held at the World Trade…
Business

CBN Commits N200bn On 300,000 Social Housing Scheme

Dec 14, 2020 0
THE Central Bank of Nigeria, CBN, has committed N200 billion to kickstart the social housing projects, under the…
Local

Lagos To Establish A Multi Million Naira Fish Centre

Dec 14, 2020 0
Lagos is set to launch a multi-million Aquaculture Centre of Excellence (L.A.C.E) to provide a major boost to the…
Business

Nigeria’s Q3 Oil Exports Rise By 56% To N2.42tn

Dec 14, 2020 0
Nigeria more than doubled its crude oil exports in the third quarter of this year to N2.42tn after months of…
Business

Banks Have Benefited From COVID-19 Fiscal, Monetary Policies – Okonkwo

Dec 14, 2020 0
Nnamdi Okonkwo, who retires as the Managing Director/Chief Executive Officer of Fidelity Bank, on December 31,…
Business

Pound Sterling Set For An Explosive Monday Session Vs. Euro And Dollar

Dec 14, 2020 0
Pound Sterling is in for a potentially explosive session on Monday owing to a Sunday deadline for EU-UK Brexit…
Local

Nigeria’s Buhari Disputes Lawmakers’ Power To Summon Him

Dec 14, 2020 0
A last minute change of heart by Nigerian President Muhammadu Buhari on answering an invitation by lawmakers…
Local

Nigerian Military In Firefight With Gang Who Kidnapped Students

Dec 14, 2020 0
The Nigerian military had located and exchanged fire with gunmen who kidnapped scores of secondary school students…
Business

Relieved Pound Jumps As Brexit Talks Go Beyond Deadline

Dec 14, 2020 0
The British pound gained a percent against the dollar and the euro in relief after Britain and the European Union…
Business

Global Lenders Raise Pressure On Nigeria To Reform Currency

Dec 14, 2020 0
The International Monetary Fund and World Bank have intensified calls on Nigeria to speed up currency reforms…
Business

Naira Appreciates To N394/$ At I&E Amid 180.6% Spike In FX Demand

Dec 14, 2020 0
The Naira appreciated by 0.15 per cent or 60 kobo against the US Dollar at the Investors and Exporters (I&E)…
Business

Debut Sale Of Special Nigerian Bonds Disappoints Investors

Dec 14, 2020 0
Nigeria’s first issuance of special bills created to boost liquidity for the nation’s banks left investors…
Local

Transport Owners Want Land Borders Reopened

Dec 14, 2020 0
The Public Transport Owners of Nigeria Association (PTONA) has appealed to the federal government to reopen the…
Business

IMF Article IV: Nigeria’s Outlook Challenging, Forex Reforms Needed

Dec 14, 2020 0
The International Monetary Fund (IMF) yesterday returned a gloomy verdict on the Nigerian economy for 2020,…
Business

Govt Halts Retrenchment Of 300 Arik Air StaffGovt Halts Retrenchment Of 300 Arik…

Dec 14, 2020 0
The Federal Government on Thursday said the over 100 per cent hike in domestic airfares was inevitable, describing…
Business

Exporters Lament U.S Ban On Nigeria’s Catfish

Dec 14, 2020 0
Catfish exporters in Nigeria have lamented the ban on Nigeria’s processed catfish by the United State government,…
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NIGERIA

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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

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