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Business

INFLATION: Agusto & Co Warns Nigerians Against Liabilities In Hard Currencies…

Dec 9, 2020 0
Due to the weakening of the Naira value against the world’s major currencies, Nigerians should not build up…
Business

Shell Former Upstream Chief: Nigeria Oilfield Deal Was ‘Lawful And…

Dec 9, 2020 0
Shell’s former international upstream head Malcolm Brinded had no reason to think that the awarding of the OPL-245…
World

Poor Countries Set To Miss Out On Covid Vaccines As Wealthier Nations Hoard Doses,…

Dec 9, 2020 0
LONDON — A coalition of campaigning bodies has warned people in lower-income countries are likely to miss out on a…
Local

Special Report-How Oil Majors Shift Billions In Profits To Island Tax Havens

Dec 9, 2020 0
Bermuda and the Bahamas aren’t exactly big players in the oil-and-gas world. They don’t produce any of the fuels at…
Local

US Visa Applicants Should Answer Officers’ Questions Honestly –…

Dec 9, 2020 0
Susan Tuller is the country consular coordinator for the US Mission in Nigeria. Prior to Lagos, she had served as…
Local

Weak Naira Threatens Nigerians’ Ability To Afford International Degree

Dec 9, 2020 0
As dollar shortage in Nigeria persists amid falling oil prices due to the global demand drop in the wake of the…
Local

38,051 Foreigners Applied For Nigeria Citizenship In 2 Years – FG

Dec 9, 2020 0
THE Federal Government on Wednesday disclosed that it received a total of 38,051 Citizenship applications from…
Business

Rising Exchange Rate Poses More Difficulty For Importers, Says Expert

Dec 9, 2020 0
Continuous rising of foreign exchange may pose more difficulty for importers in the coming year, the National…
Business

Dollar Nears 2 1/2-Year Lows As Vaccine Optimism Grows

Dec 9, 2020 0
The U.S. dollar fell towards a two-and-a-half-year low on Wednesday as progress in combating the COVID-19 pandemic…
Business

U.S Enforces 6 Month Passport Validity Rule For Christmas Travels

Dec 9, 2020 0
The United States Embassy in Nigeria has advised both U.S citizens and dual nationals to ensure that their…
Business

Airline Operators Explain Hike In Airfares

Dec 9, 2020 0
The almost 70 per cent rise in domestic airfares have attributed it to the weakening exchange rate, paucity of…
Business

Sterling Hits Intraweek High As Johnson Heads To Last-Ditch Brexit Meeting In…

Dec 9, 2020 0
Sterling rose against a broadly weaker dollar on Wednesday after three days of losses as British Prime Minister…
Business

OPEC: Nigeria’s Crude Oil Export Earnings Rebounded By 116% In November 2020

Dec 9, 2020 0
The Organisation of Petroleum Exporting Countries (OPEC) says Nigeria’s crude oil export earnings recorded a…
Business

Nigeria’s Foreign Trade With US Slumps As Exports Drop

Dec 9, 2020 0
Nigeria’s foreign trade with the United States has averaged N2 trillion in the last 3 years but is on track to fall…
Africa

Nigeria To Spearhead Africa Refinery Capacity Additions

Dec 9, 2020 0
Nigeria is expected to drive the refinery capacity growth in Africa by 2024, contributing around 71% of the…
Banking

‘Polaris Bank Paying Dollars To Money Transfer’s Beneficiaries’

Dec 9, 2020 0
POLARIS Bank has started the payment of dollars to beneficiaries of money transfer across all its branches. The…
Business

Fed Govt Scores Port Operator Low On Automation

Dec 9, 2020 0
The Nigerian Shippers Council (NSC) on Tuesday scored the Port & Cargo Handling Services (P&CHS) Limited…
Business

New N162 Petrol Pump Price Triggers Confusion, Queries

Dec 9, 2020 0
At a time Nigerians are yet to come to terms with the last increase in pump price of Premium Motor Spirit (PMS),…
Business

Hope Rises For Cocoa Farmers As NEXIM Pledges Support For Value Chain Development

Dec 9, 2020 0
The Nigerian Export-Import Bank (NEXIM) has pledged to assist players in the African cocoa value chain so as to…
Business

China Set To Bail Out Iraq With Multibillion-Dollar Oil Deal

Dec 9, 2020 0
Iraq is poised to sign a multibillion-dollar contract with China ZhenHua Oil Co., a bailout from Beijing for the…
Business

Nigerian Arrested At Jomo Kenyatta Airport Carrying Sh100m In Bag

Dec 9, 2020 0
The Assets Recovery Agency (ARA) is seeking court orders to freeze over Sh100 million seized from a Nigerian at the…
Business

Naira Devaluation Risky For Foreign Currency Loans, Says Report

Dec 9, 2020 0
The devaluation of the naira against global currencies will impact negatively on foreign currency loans and weaken…
Business

Dollar Slips As Vaccine Optimism Saps Haven Demand; Sterling On Edge

Dec 9, 2020 0
nd the risk positivity to continue into next year,” said Craig Chan, head of global FX strategy at Nomura, on an…
Business

Citi Selected As Financial Advisor to Gavi, The Vaccine Alliance’s COVAX Facility

Dec 9, 2020 0
New York – Citi today announced the firm has been selected by Gavi, the Vaccine Alliance, to be the financial…
Business

Ships Risk Detention Over Cybersecurity

Dec 9, 2020 0
Ships that fail to comply with cybersecurity code of the International Maritime Organisation (IMO) may face…
Business

Unemployment In Nigeria – What Can Be Done?

Dec 9, 2020 0
Perhaps the most deep-rooted millennial problem facing Nigeria is the issue of unemployment. The expectation of…
Business

An MBA In Corruption’: How Top Oil Trader Paid Bribes For Years

Dec 9, 2020 0
For years, the world’s largest oil trading firm has maintained that it has “zero tolerance” for corruption. Now…
Business

Nigerian Crude Oil Export Earnings Rebound By 116% In November – OPEC

Dec 9, 2020 0
OPEC Sec Gen says Nigerian government should be commended for its proactive measures that facilitated the…
Business

Nigeria Plans To Reopen Land Borders As Soon As Possible, Says Buhari

Dec 9, 2020 0
The Nigerian government plans to reopen its land borders, President Muhammadu Buhari has said. He explained…
Local

Senate Considers Bill To Blacklist Loan Defaulters

Dec 8, 2020 0
The Senate on Tuesday, passed for second reading, a bill to allow banks recover loans from defaulters, place them…
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NIGERIA

Business

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

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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

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