Business Trade Deficit Expands To A New 4-Year High In Q3 2020 Dec 8, 2020 0 In line with our expectations, trade flows remained downbeat as 9M'20 trade flows plummeted by 10.9% to N23.2…
Business Oil Contributes 81% To N2.99tn Q3 Exports Dec 8, 2020 0 Despite efforts made at boosting non-oil earnings, crude contributed N2.42 trillion to the country’s 2.99 trillion…
Business China Makes Digital Yuan Transfers As Easy As Using A Phone Dec 8, 2020 0 BEIJING -- China will expand trials of its digital yuan Friday evening with a feature letting individuals send…
Business Port Congestion Drops By 20% – Shippers Council Dec 8, 2020 0 Lagos — The congestion at various terminals at the Apapa and Tin-Can Island Ports has dropped to 20 per cent from…
Local Buhari Threatens To ‘Deal Decisively With Violent Protesters’ Dec 8, 2020 0 He said this as protests resurfaced in Oshogbo, Osun State Monday. President Muhammadu Buhari Monday in Abuja…
Business Pound On The Defensive As Brexit Deal Talks Go Down To The Wire Dec 8, 2020 0 Britain’s pound was the biggest mover in otherwise quiet trade among the G10 group of currencies on Tuesday,…
Business Dollar Weakens As Market Looks To U.S. Stimulus; Sterling Falls Dec 8, 2020 0 The dollar slid against most currencies on Monday in choppy trading, as investors looked past the surge in…
Business Emefiele, Others Support New Payment Settlement Initiative Dec 8, 2020 0 The interim Governing Council of the Pan-African Payment and Settlement System (PAPSS) held its inaugural meeting…
Business Three Arrested In Multimillion Invoice-Redirect Fraud Investigation Dec 8, 2020 0 Gardaí investigating a major crime network based in Ireland, and abroad, that has scammed millions of euro from…
Business Nigerian Airlines Attribute High Fares To Exchange Rate Dec 8, 2020 0 Some of the Nigerian airlines say they won't be able to fund their operations if they don't increase the fare.…
Business Nigeria’s Oil Industry To Get Lift From SHI Offshore Technology Investment Dec 8, 2020 0 Despite the slump in crude oil prices, which may push the oil majors and minors to defer projects, the global…
Business Recession – Nigeria In Need Of Expansionary Economic Policy Dec 8, 2020 0 Recession is a function of a country's Gross Domestic Product (GDP); which is defined as the cumulative value of…
Business Petrol Price May Hit N180 As Oil Nears $50 Dec 8, 2020 0 The pump price of Premium Motor Spirit, popularly known as petrol, may hit N180 per litre this month, according to…
Business Nigeria: Non-Performing Loans Have Dropped Due To GSI Dec 8, 2020 0 The Acting Managing Director of FirstCentral Credit Bureau and Chairman of Credit Bureaus Association of Nigeria,…
Business FG To Reduce Petrol Price By N5 From Monday Dec 8, 2020 0 The Federal Government has agreed to slash the pump price of Premium Motor Spirit (PMS), known as petrol, by N5…
Business Mastercard Sees Vaccine News Speeding Up Return To Office Dec 8, 2020 0 Mastercard Inc.’s incoming chief executive officer said promising data on coronavirus vaccines could mean the firm…
Business Oil Drops Toward $45 With Virus Surge Tempering Vaccine Optimism Dec 8, 2020 0 Oil fell for a second day as near-term demand risks due to a resurgent pandemic tempered optimism over the prospect…
Business Dollar Gains Ground On U.S. Stimulus Hopes Dec 8, 2020 0 The dollar edged a little higher on Tuesday morning in Asia, keeping the momentum from overnight. The surge in…
Business Brexit: Pound Recovers Ground As Johnson Sets Talks In Brussels Dec 8, 2020 0 The pound has fallen against the euro and the dollar, as traders reacted to the growing prospect of a no-deal…
Business Why Pound Traders Are Optimistic About Brexit Dec 8, 2020 0 Hope springs eternal. U.K. Prime Minister Boris Johnson is packing his bags for Brussels to meet with European…
World Factbox-Britain Begins Rollout Of Pfizer’s COVID-19 Vaccine Dec 8, 2020 0 Britain will start rolling out the COVID-19 vaccine developed by Pfizer and BioNTech on Tuesday, the first Western…
World US Adds Nigeria To Religious Freedom Blacklist Dec 8, 2020 0 The United States on Monday placed Nigeria for the first time on a religious freedom blacklist, paving the way for…
Business Fresh Pressure Mounts On Naira, Trades N482/$1 At Black Market Dec 8, 2020 0 During the trading session, the local currency depreciated by N7 to sell for N482/$1 in contrast to the previous…
Business ‘New Policy On Diaspora Remittances ‘Ll Halt Naira Slide’ Dec 8, 2020 0 The Central Bank of Nigeria (CBN) has continued to receive commendations for the reintroduction of the policy which…
Business FG To Generate $30bn From 22 Major Products On Export Dec 8, 2020 0 Federal Government has said it is working assiduously to boost the country’s non-oil revenues having rolled out…
Business Nigeria Resumes Fuel Import From China Dec 8, 2020 0 According to data from the General Administration of Customs as obtained by S&P Global Platts, the Asian…
Business Buhari Renominates Kuru As MD Of AMCON; Appoints New Heads For NDIC Dec 8, 2020 0 President Muhammadu Buhari has renominated Mr Ahmed Kuru as Managing Director and Mr Eberechukwu Uneze and Mr Aminu…
Business December 2020 FGN Savings Bonds Offer For Subscription Dec 8, 2020 0 Pursuant to the Debt Management Office (Establishment) Act 2003 and the Local Loans (Registered Stock and…
Business China Hands Out $3 Million Of Digital Yuan As JD.Com Becomes First Online Platform… Dec 8, 2020 0 GUANGZHOU, China — Chinese e-commerce firm JD.com said it has become the first online platform to accept the…
Business Nigerians Must Embrace Production To Grow Economy —Emefiele Dec 8, 2020 0 Governor of the Central Bank of Nigeria, Mr Godwin Emefiele, has said Nigeria must return to the golden era age…