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Ekemini 13913 posts 0 comments

Business

Naira Hits Record Low At The Investors And Exporters Window

Nov 26, 2020 0
Nigeria’s local currency, the naira fell to a record low of 393 naira 25 kobo to the US dollar at the Investors and…
Business

Bitcoin Plunges By Nearly $3,000 After Closing In On Its All-Time Record

Nov 26, 2020 0
LONDON — Bitcoin has plunged by close to $3,000 in less than 24 hours after hitting highs not seen since the end of…
Business

AfDB To Set Up Agro-Finance Fund

Nov 26, 2020 0
The President of the African Development Bank (AfDB), Dr. Akinwumi Adesina, has disclosed that the bank is…
Business

#EndSARS: CACOVID To Rebuild 44 Police Stations, Donates N100bn For Arms

Nov 26, 2020 0
The Central Bank Governor, Godwin Emefiele, has said the Coalition Alliance Against COVID-19 will rehabilitate all…
Business

Dollar Losses Put On Hold But Long-Term Outlook Tilts To Downside

Nov 26, 2020 0
The dollar was on the defensive on Thursday as downbeat U.S. economic data and optimism about coronavirus vaccines…
Business

Nigeria: NPA Moves To Ease Tin Can Port Traffic

Nov 26, 2020 0
The Nigerian Ports Authority, Tin Can Island Port Complex, has assured stakeholders of better traffic situation…
Local

This Recession Makes Life Difficult For Citizens And Increases Level Of Misery –…

Nov 26, 2020 0
In this interview with NIKE POPOOLA, the Director-General, Lagos Chamber of Commerce and Industry, Dr Muda Yusuf,…
Business

Parallel Market Accounts For 5% Of FX Market Share—CBN Governor

Nov 26, 2020 0
Mr Emefiele made this claim in Abuja on Tuesday while reacting to a question on the value of the Naira on the black…
Local

15-Month Border Closure: Manufacturers Fault Federal Govt, Committee Report Ready…

Nov 26, 2020 0
Stakeholders in the manufacturing sector, including the Manufacturers’ Association of Nigeria’s Export Group and…
Business

Dollar In Holding Pattern But Traders Warn Of Further Declines

Nov 26, 2020 0
The dollar was on the defensive on Thursday as downbeat U.S. economic data and optimism about coronavirus vaccines…
Africa

Africa Looks To China, Russia To Boost Scant Vaccine Supplies

Nov 26, 2020 0
The Africa Centres for Disease Control and Prevention and the African Union have discussed Covid-19 vaccine trial…
Local

Alleged Members Of Nigerian Cybercrime Ring Arrested In Lagos

Nov 26, 2020 0
Three alleged members of a prolific Nigerian cybercrime ring have been arrested in Lagos, part of a larger group…
World

Vaccine Is No Shot In The Arm Yet For Emerging Markets

Nov 26, 2020 0
Emerging markets have surged on the prospect that coronavirus vaccines will become widely available soon, but…
Business

ABCON Blames FX Speculators For ‘Forceful Devaluation Of Naira’ 

Nov 26, 2020 0
Last week, the Nigerian weakened to N484/$1. It only appreciated by N1 on Monday to trade at N483/$1 and as press…
Business

ABCON: $35.6b Foreign Reserves Enough To Defend Naira 

Nov 25, 2020 0
The $35.6 billion foreign exchange reserves is enough to protect naira against attacks by currency speculators…
Business

Second Recession In 5 Years: Urgent Need For Robust Fiscal And Investment Policies

Nov 25, 2020 0
The GDP numbers released on Saturday (November 21) confirmed that Nigeria has officially fallen into a recession.…
Business

Brexit – Talks Are Set To Resume By Friday As The Pound Inches Towards $1.34 

Nov 25, 2020 0
Brexit talks are set to resume later this week after both sides had agreed to suspend talks. A member of Barnier’s…
Local

CBN Flays Those Using Parallel Market Rate To Push For Naira Devaluation

Nov 25, 2020 0
Those using parallel market rate to put pressure on the Central Bank of Nigeria (CBN) to devalue the Naira won’t…
World

Trump Imposes $15,000 Visa Bond For Visitors From Nigeria, Others

Nov 24, 2020 0
A new temporary rule that could require tourist and business travellers from a dozen African countries, including…
Business

Elon Musk Overtakes Bill Gates To Become World’s Second Richest Man, Now Worth…

Nov 24, 2020 0
Elon Musk, founder of the most sought automaker company, Tesla, has just hit a new apex by surpassing Microsoft…
Business

Cash Cards For Kids – Digital Banks Race To Capture The Next Generation

Nov 24, 2020 0
When John Hibbs’ daughter Xanthe received her first bank card in the mail, the six-year-old spent the next week…
Business

CAMA to be implemented from January 1, says CAC

Nov 24, 2020 0
The Corporate Affairs Commission (CAC) says it will begin the implementation of Companies and Allied Matters Act…
Local

Minimum wage earners to be exempted from tax payment – Buhari

Nov 24, 2020 0
THIS is good news for minimum wage earners in the country. They will in no distant time be exempted from Personal…
Business

Modular Refinery As Game Changer For South-East

Nov 24, 2020 0
From the Ibigwe refinery of Waltersmith Petroman expected to be inaugurated this week, Nigeria's five south eastern…
Business

Biden To Name Yellen To Treasury To Lead U.S. From Sharp Economic Downturn

Nov 24, 2020 0
President-elect Joe Biden is expected to nominate former Federal Reserve Chair Janet Yellen as U.S. Treasury…
Business

Ghana is running out of fiscal space after its debt-to-GDP ratio reached 71%, says…

Nov 24, 2020 0
Ghana is running out of fiscal space as its debt-to-GDP ratio reached 71% by Sept. 30, the highest in nearly four…
World

Yemi Edun named among Britain’s most influential black people in the new powerlist

Nov 24, 2020 0
London property expert and acquisition agent, Yemi Edun, on Tuesday was named as one of the UK’s most influential…
Business

How African Trucking Firms Are Trying To Make Everything Cheaper

Nov 24, 2020 0
Getting products from manufacturers to market can be a slow and expensive process in Africa. But a new generation…
Business

Investors Commit Billions At Lagos Free Zone In Nigeria

Nov 24, 2020 0
Lagos Free Zone (LFZ) ( www.LagosFreeZone.com ), the first privately owned special economic zone in Nigeria with an…
Business

Bitcoin Pierces $19,000 For First Time Since 2017

Nov 24, 2020 0
Bitcoin surpassed $19,000 for the first time since 2017 as the mania over digital currencies continues to grip Wall…
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NIGERIA

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World

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