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Business

Lufthansa Resumes Lagos, Abuja Flights

Dec 6, 2020 0
Lufthansa on Thursday welcomed passengers at Lagos airport on board on resumption of its nonstop flight from…
Business

Arik, Aero May Merge For Business Survival

Dec 5, 2020 0
There are strong indications that stakeholders are considering a merger between Arik Air and Aero Contractors, two…
Business

Covid-19 – Restrict Int’l Flights, Muric Tells Govt

Dec 5, 2020 0
The Muslim Rights Concern has urged the Federal Government to restrict international flights over worldwide reports…
Business

Dangote Refinery Named Among 20 Most Influential Projects In The World

Dec 5, 2020 0
Dangote Oil Refinery has been listed among top 20 influential projects surveyed in the last 18 months by the…
Business

Taxpayers Relieved From Tax Investigation Beyond Six Years

Dec 5, 2020 0
The Tax Appeal Tribunal (TAT or "the Tribunal") sitting in Benin on 8 October 2020 decided in Citibank Nigeria…
Business

Nigeria: New Policy To Improve Diaspora Remittances Starts Dec 4

Dec 5, 2020 0
The Central Bank of Nigeria (CBN), Mr Godwin Emefiele has announced that the new CBN policy to improve the Diaspora…
Business

NSE: Application Of 0.08% Stamp Duty Begins December 7

Dec 5, 2020 0
The Nigerian Stock Exchange (NSE) yesterday said from Monday, December 7, the Stamp Duty rate of 0.08 per cent on…
Business

Extortion Worsens Apapa Gridlock

Dec 5, 2020 0
‘Clearing agents lose average of N300m to illegal collection’ Importers, clearing agents and truck owners have…
Business

Nigerian Farm Becomes Country’s Largest Sun-Powered Poultry Plant

Dec 5, 2020 0
Empower New Energy and Rensource have teamed up to create the largest power purchase agreement for solar energy in…
Business

Oil Advances Toward $50 After OPEC+ Clinches Compromise Deal

Dec 5, 2020 0
Oil extended gains toward $50 a barrel after OPEC+ reached a compromise deal to gradually taper production cuts,…
Business

Euro Bursts Through Resistance, Dollar Holds Near 2-1/2 Year Low

Dec 5, 2020 0
The euro was headed for its best week in a month on Friday and has blown past major resistance levels as investors…
Business

Naira Steady, Oil Output Slips, Remittances Fall

Dec 5, 2020 0
After hitting a four year low on Monday, the Naira has staged a minor rebound due to a broadly weaker Dollar.…
Business

Euro Rally’s Just Warming Up As Charts Signal Rise To $1.25

Dec 5, 2020 0
An advance that sent the euro to the highest since 2018 has put a move above $1.25 back into focus. It’s a level…
Business

Naira’s Exchange Rate Creates Woes For Businesses

Dec 5, 2020 0
The unstable nature of the naira is a very troubling development for key industry players and will continue to…
Business

Excitement As New Diaspora Remittances Policy Takes Effect Today

Dec 5, 2020 0
There is palpable excitement among Forex users as the Central Bank of Nigeria’s (CBN) new policy that allows…
Business

4th Mainland Bridge: Less Than 800 Houses Will Go, FG, LASG Insist

Dec 5, 2020 0
The Federal and Lagos State governments Thursday insisted that less than 800 houses might be demolished to pave way…
Business

Nigeria’s Currency Woes Has The CBN Fussing Over Remittances

Dec 5, 2020 0
It is no big reveal that Africa’s largest economy, Nigeria, is the sixth biggest remittance recipient in the world.…
Business

Nigeria’s Diaspora Remittance Inflows Could Rise To $2bn Monthly

Dec 5, 2020 0
Abuja — The Governor of Central Bank of Nigeria (CBN), Godwin Emefiele, has said that following the introduction of…
Business

Nigeria Banks To Start FX Payout Under New Diaspora Remittance Rules

Dec 5, 2020 0
Nigerian banks will on Friday commence dollar payout for diaspora inflows and close naira remittance accounts after…
Business

Naira Appreciates To N470/$1 At Parallel Market

Dec 5, 2020 0
The Naira’s fighting spirit continued on Thursday and at the close of business, it finished stronger against the…
Business

Capital Inflows Into The Economy To Remain Weak — LCCI

Dec 5, 2020 0
ECONOMY The Lagos Chamber of Commerce and Industry (LCCI) has predicted that capital inflows into the Nigerian…
Business

Central Bank Of Nigeria Governor Decries The Use Of Parallel Exchange Rate As…

Dec 5, 2020 0
The governor of the Central Bank of Nigeria (CBN) Godwin Emefiele says the embrace of the parallel market exchange…
Business

OPEC, Allies Agree To Increase Output By 500,000 Barrels A Day In January

Dec 5, 2020 0
OPEC and a group of Russia-led oil producers agreed to increase their collective output by 500,000 barrels a day…
Business

Western Union, MoneyGram, Others To Start Payment Of Forex Remittances To…

Dec 5, 2020 0
International money transfer operators (IMTOs) and commercial banks in the country have agreed to start paying…
Business

Nigeria Needs $3tn To Bridge Infrastructure Gap

Dec 5, 2020 0
The Vice President, Prof. Yemi Osinbajo, on Thursday, said Nigeria requires about $3tn over the next 30 years to…
World

‘This Is Going To Be Challenging:’ How The UK Will Roll Out Pfizer’s Coronavirus…

Dec 5, 2020 0
The U.K. was the first country in the world to approve Pfizer and BioNTech’s groundbreaking coronavirus vaccine on…
Business

Heathrow To Start Charging £5 For Airport Drop-Off

Dec 4, 2020 0
BY Harry S. Johnson Heathrow has announced it is exploring a proposal to implement a Forecourt Access Charge…
Business

Nigerians Will Witness More Breakthroughs In Oil, Gas Sector In 2021 – Sylva

Dec 4, 2020 0
The Minister of State for Petroleum Resources, Timipre Sylva, on Thursday, assured that the country will record…
Business

CBN Targeting $2bn Diaspora Remittances Monthly, Says Emefiele

Dec 4, 2020 0
The Governor of the Central Bank of Nigeria, Godwin Emefiele, on Thursday said the target of the CBN was for the…
Business

OPEC And Allies Agree To Gradually Increase Production After Days Of Discussions

Dec 4, 2020 0
LONDON — OPEC and non-OPEC allies, after days of tense discussions, agreed on Thursday to increase production by…
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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

Walz, Vance clash at policy-heavy vice presidential debate

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