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Business

CBN Releases Banks’ Excess CRR To Spur Economic Recovery

Dec 2, 2020 0
As part of efforts to support economic recovery and propel the quest to return to the growth path, the Central Bank…
Business

Customs Explains Multiple Import Counter-Check System

Dec 2, 2020 0
COORDINATOR of the Comptroller General of Customs Strike Force Zone ‘A’, Ahmadu Bello Shuaibu, has said the…
World

Trump Sues To Reverse Biden Win In Wisconsin

Dec 1, 2020 0
President Donald Trump’s campaign filed a lawsuit Tuesday in Wisconsin seeking to invalidate President-elect Joe…
Business

AfCFTA – Nigeria Can Ban 10% Of Sensitive Goods, Others At Borders

Dec 1, 2020 0
Lagos and Abuja — In spite of the African Continental Free Trade Area (AfCFTA) starting in January, Nigeria has the…
Business

Nikola founder Trevor Milton can sell his 91.6 million shares starting Tuesday as…

Dec 1, 2020 0
Ousted Nikola founder and Chairman Trevor Milton is the company’s largest shareholder with more than a fourth of…
Business

Nigeria’s Oil Rig Count Dips By 30% In One Month

Dec 1, 2020 0
Nigeria’s active rig count has dropped significantly by 30 per cent to seven in October 2020 as against 10 recorded…
Business

Euro Near Three-Month High As Dollar Takes A Hit; Bitcoin At New High

Dec 1, 2020 0
The euro was close to a three-month high on Tuesday as the U.S. dollar fell on expectations of more monetary…
Business

Crash In Money Market Instruments Triggers N2.3tr Gain

Dec 1, 2020 0
Investors on the Nigerian Stock Exchange (NSE) gained N2.3 trillion in November, as the market recorded its best…
Local

Buhari Asks Nigerians To ‘Embrace Gas As Alternative To Fuel’

Dec 1, 2020 0
The President made this call on Tuesday during the unveiling of the National Gas Expansion Programme and National…
Business

First Virtual Trade Mission For UK-Africa Legal Services

Dec 1, 2020 0
stry of Justice’s Legal Services are GREAT (LSAG) campaign, it will promote the UK’s prestigious legal sector to…
Business

Nigeria To Push CNG As Alternative Transport Fuel, Reduce Reliance On Gasoline

Dec 1, 2020 0
London — Nigeria has started the roll out of compressed natural gas (CNG) as a key transport fuel as part of the…
Business

FG, Egyptian Firm Sign Pact To Invest In Gold Mining

Dec 1, 2020 0
The Federal Government and Messrs La Mancha Incorporated, a leading Luxembourg Incorporated Private Gold…
Business

Federal Reserve Says Key Bank Lending Rate Will Be Phased Out By June 2023

Dec 1, 2020 0
An interest rate that banks around the world use as a benchmark for short-term borrowing will be phased out and…
Business

2016 REPOST: Nigeria’s Case Study On How Not To Float Your Currency

Dec 1, 2020 0
Rumors of rate fixing. Scarcity of foreign exchange. A widening gap between the official rate and the runaway…
Business

FG Lost N1.3trn To Import Duty, VAT Waivers –Minister

Dec 1, 2020 0
The minister of finance, budget and national planning Hajiya Zainab Ahamed Shamsuna has said that the federal…
Business

Dollar Loses Some Bounce As Focus Shifts To Fed

Dec 1, 2020 0
An under pressure U.S. dollar handed back part of its month-end bounce on Tuesday, as investors reckoned on more…
Business

Nigeria Eases Rules On Diaspora Remittances To Boost FX Liquidity

Dec 1, 2020 0
Nigeria hopes to attract more remittances from its diaspora to boost foreign currency liquidity after the central…
Business

CBN Issues New Guidelines On Foreign Remittances

Dec 1, 2020 0
The Central Bank of Nigeria has said beneficiaries of diaspora remittances can now receive monies sent from abroad…
Business

CBN Okays Dollar Collection For Diaspora Remittances

Dec 1, 2020 0
The Central Bank of Nigeria (CBN) has stopped naira payment to recipients of diaspora remittances (dollar inflows)…
Business

CBN Issues Subtle Warning Explaining How Domiciliary Accounts Should Be Used

Dec 1, 2020 0
The Central Bank of Nigeria (CBN) issued a circular on Monday clarifying how domiciliary accounts will be operated…
Business

Forex Scarcity Bites Harder, CBN Amends Diasporan Remittance Law

Dec 1, 2020 0
The Central Bank of Nigeria said on Monday that it had amended the procedures for receipt of diaspora remittances…
Business

Oil Falls After OPEC+ Talks Delay Sets Off Supply Alarm

Dec 1, 2020 0
Oil prices fell on Tuesday as concerns over mounting supply returned to the fore after leading producers delayed…
Business

Pfizer, BioNTech Apply For Coronavirus Vaccine Approval In Europe

Dec 1, 2020 0
U.S. pharmaceutical giant Pfizer and its German partner BioNTech said they have applied to the European Medicines…
Business

Don’t Reverse Ban On Rice Importation, Ortom Begs Buhari

Dec 1, 2020 0
Governor Samuel Ortom of Benue State, on Monday, appealed to the President, Major General Muhammadu Buhari (retd.),…
Business

FG Warns Against Christmas Carol, Tells Nigerians Abroad To Stay Away

Dec 1, 2020 0
The Presidential Task Force on COVID-19 has urged Nigerians to be weary of festivities such as Christmas carols as…
Business

Frantic CBN Allows Diaspora Remittances To Be Withdrawn In Dollars And Sold…

Dec 1, 2020 0
To save the naira, CBN now allows diaspora remittances to be withdrawn dollar cash. The Central Bank of Nigeria…
Business

CBN Removes Restriction On FX Receipt Through Domiciliary Accounts

Dec 1, 2020 0
Beneficiaries of Diaspora remittances through International Money Transfer Operators (IMTOs) shall henceforth…
Business

U.S. Dollar Drops To Lowest In More Than Two Years

Dec 1, 2020 0
The dollar hit its lowest in two and a half years on Monday as broad risk sentiment improved overall, with…
Business

Sterling Heads Higher On Hopes Of A Brexit Trade Deal

Dec 1, 2020 0
secure a deal to govern nearly $1 trillion in annual trade from Jan. 1 but are yet to bridge differences on…
Business

Govt, CBN Point To Results In Economy Recovery Plan

Dec 1, 2020 0
At the backdrop of the slide into the second recession in five years, fiscal and monetary authorities are…
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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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