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Business

UK May Ease Christmas Rules As COVID Cases Start To Flatten, Minister Says

Nov 20, 2020 0
There are signs that coronavirus cases in Britain are starting to flatten as a result of current lockdowns, health…
Business

Naira Sinks To 620 Against Pound, Euro Rises

Nov 20, 2020 0
The naira tumbled to 620 against the British pound sterling at the parallel market on Thursday, even as the euro…
Local

Nigeria Police Launch Cybercrime Reporting Portal, Nab 3, Uncovers 50,000…

Nov 20, 2020 0
The Nigeria Police Force (NPF) has unveiled a cybercrime reporting web portal: https://incb.police.gov.ng/ as part…
Business

CBN List Requirements For Third Party Participation In Buying Forex Routed Through…

Nov 20, 2020 0
The Central Bank of Nigeria (CBN), in a new circular, has clarified its position on the removal of third parties…
Business

Nigeria Spends $500m Annually Importing Palm Oil, Says FG

Nov 20, 2020 0
Officials from the Federal Ministry of Agriculture and Rural Development, states, agencies and non-governmental…
Local

Nigeria: Slashing Import Duty On Vehicles Will Increase Unemployment

Nov 20, 2020 0
Government’s plan to slash import duties and taxes on tractors, buses and passenger vehicles will increase…
Business

Nigeria Sliding Into Bankruptcy, Says Secondus

Nov 20, 2020 0
National chairman of the Peoples Democratic Party, PDP, Prince Uche Secondus has said Nigeria under the watch of…
Local

Nigeria Denies CNN Report Saying Army Killed Protesters

Nov 20, 2020 0
Nigeria dismissed an investigative report by CNN alleging that its security forces killed unarmed protesters last…
Business

Dollar Batters Naira Further

Nov 20, 2020 0
The Nigerian Naira was battered further today by the US dollar and other currencies as it crashed to N478 in the…
Local

Nigeria Threatens To Sanction CNN Over Investigation And Denies Security Forces…

Nov 20, 2020 0
Protesters Victor Sunday Ibanga, left, and Wisdom Okon. Their families say they haven't seen them since the protest…
Local

‘Nigeria’s Unemployment Deadlier Than Covid-19, Boko Haram’

Nov 20, 2020 0
The 1993 Presidential Aspirant under the defunct National Republic Convention (NRC), Alhaji Lema Jibril, has said…
Business

Jeff Bezos Just Became The Latest Big Tech Name To Invest In An African Fintech…

Nov 20, 2020 0
Over the past five years, high-profile visits to African tech ecosystems by Facebook CEO Mark Zuckerberg, Twitter…
Business

Weekahead-Africa FX – Nigeria’s Naira And Kenya’s Shilling To…

Nov 20, 2020 0
Nigeria's naira and the Kenyan shilling are expected to lose value against the dollar in the week ahead as demand…
Business

Oil Prices Slip As New Wave Of COVID-19 Cases Weigh On Outlook

Nov 20, 2020 0
Oil prices dipped on Thursday as a surge in coronavirus cases and tighter pandemic restrictions around the world…
Business

Nigeria, Niger Sign Agreement On Petroleum Products

Nov 20, 2020 0
The MoU was reached following bilateral agreements between President Muhammadu Buhari and President Mahamadou…
Business

Qatar Airways To Launch Three Weekly Flights To Abuja, Nigeria From 27 November

Nov 20, 2020 0
Launch of Abuja flights will increase Qatar Airways’ network in Africa to over 65 weekly flights across 20…
Business

Anger As FG Eyes N200b ‘Idle’ Funds

Nov 20, 2020 0
Shareholders, economists and securities expert have reacted angrily to Federal Government’s plan to plough N200…
Business

Money Market Crash Triggers Largest Daily Gain In Five Years

Nov 20, 2020 0
Declining interest rates in the fixed income market triggered massive rally on the equities sector of the Nigerian…
Business

UK Petrol Car Ban Threatens Nigeria’s Oil Sales

Nov 20, 2020 0
Except the country finds new buyers, the plan to ban petrol and diesel vehicle sales by the United Kingdom…
Business

Diversification, Infrastructure Remain Key To Nigerian Economic Outlook’

Nov 20, 2020 0
The extent of diversification of Nigeria’s economy and revenue sources and the development of infrastructure would…
Business

Nigeria Should Sanction CNN For Report On Shooting Of Protesters – Minister

Nov 20, 2020 0
Nigeria should sanction CNN for a report that the country’s military shot and killed protesters demonstrating…
Business

Absence May Make Eurobond Investors Fonder Of Africa Issuers

Nov 19, 2020 0
Africa’s notable absence from the rush to the sell Eurobonds this month is set to change as the largest economies…
Business

All The Bitcoin Lingo You Need To Know As Crypto Heats Up

Nov 19, 2020 0
Bitcoin’s back, baby. The best-known and largest cryptocurrency has gained more than 130% in pandemic-ravaged 2020…
Business

Attack Of The Debt Tsunami’: Coronavirus Pushes Global Debt To Record High

Nov 19, 2020 0
The coronavirus crisis pushed global debt levels to a new high of over $272 trillion in the third quarter, the…
Business

FEC Approves Finance Bill, Says No Tax Increase

Nov 19, 2020 0
The Federal Executive Council on Wednesday approved the 2020 Finance Bill for subsequent transmission to the…
Business

ECB Can’t Go Bankrupt Even It Suffers Losses

Nov 19, 2020 0
The European Central Bank could “neither go bankrupt nor run out of money” even if it were to suffer losses on the…
Business

Manufacturing Sector Recovers After Six-Month Contraction

Nov 19, 2020 0
The nation’s manufacturing sector has snapped out of the doldrums after contracting for six straight months, a new…
Business

Nigeria: Manufacturing PMI Stages Recovery In November

Nov 19, 2020 0
The Central Bank of Nigeria’s (CBN) Manufacturing Purchasing Managers’ Index (PMI) stood at 50.2 index points in…
Business

Dollar Loses To Euro As Payment Currency For First Time In Years

Nov 19, 2020 0
The euro was the most used currency for global payments last month, the first time it has outpaced the dollar since…
Business

Naira Weakens Further As Dollar Sells For 478

Nov 19, 2020 0
The naira extended its decline on Wednesday at the parallel market as the United States dollar was sold for N478.…
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NIGERIA

Business

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

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World

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