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Business

$30b Fuels Import Outlay Present Energy Security Challenges

Nov 18, 2020 0
Industry stakeholders, yesterday, expressed concerns over the state of Nigeria’s petroleum downstream and of other…
Business

FX May Be A Better Hedge Than Bonds In A Near-Zero World

Nov 18, 2020 0
Bonds aren’t quite the hedge against equity losses that they used to be, and that could have more and more…
Business

Bitcoin Closes In On All-Time High As It Blasts Through $18K

Nov 18, 2020 0
Bitcoin’s price broke through $18,000 in what some experts are attributing to global events and bullish…
Banking

Four Key Risks Could Make 2021 The Toughest Year For Banks Since 2009, Says…

Nov 18, 2020 0
S&P Global Ratings warned that banks could face their toughest year since the aftermath of the global financial…
Business

Opec+ Turns Down Nigeria’s Request To Review Quota

Nov 18, 2020 0
The Opec+ Joint Ministerial Monitoring Committee (JMMC) has declined an informal request from Nigeria to…
Local

Nigerians Are Leading Global Asylum Claims To Canada Despite Covid-19’S Travel…

Nov 18, 2020 0
In February, data showed that, for the fifth year in a row, more Nigerians emigrated to Canada in 2019 than the…
Local

Nigeria’s President Vows To Prevent Repeat Of Anti-Police Brutality Protests

Nov 18, 2020 0
Nigeria's president will do what it takes to prevent a repeat of demonstrations against police brutality last month…
Business

Nigerian Oil Reform Bill To Pass ‘Within Six Months’ – House…

Nov 18, 2020 0
Nigeria’s House of Representatives will pass a long-delayed oil reform bill within six months, its speaker said on…
Business

Nigeria: NIS Issues Travelling Documents To 7,874 Applicants In Edo

Nov 18, 2020 0
The Nigeria Immigration Service (NIS), Edo Command, said on Tuesday that it issued travelling documents to no fewer…
Business

Nigeria Says Air France, KLM, Lufthansa To Resume Flights

Nov 18, 2020 0
Nigeria lifted a ban on flights to the West African country by Air France, KLM, Lufthansa and Qatar Airways…
Business

Nigeria: Lagos Designs Eligibility Form For Businesses To Access N1Billion Seed…

Nov 18, 2020 0
The Lagos State Ministry of Tourism, Arts and Culture disclosed it has designed a palliative eligibility form, to…
Features

George Clooney Speaks On Why He Gave 14 Of His Closest Friends $1m Each Via…

Nov 18, 2020 0
Hollywood actor, George Clooney has confirmed a longstanding rumor that he was able to give 14 of his closest…
Business

Kohl’s Shares Rise On Earnings Beat, Retailer Promises Big Gains Ahead In…

Nov 17, 2020 0
Kohl’s shares rose more than 5% Tuesday, after Chief Executive Michelle Gass laid out the retailer’s plans to…
Technology

Amazon Sellers Fined For Price Gouging Hand Sanitizer Amid Coronavirus Pandemic

Nov 17, 2020 0
Three Amazon sellers have been fined by New York Attorney General Letitia James after they were discovered to be…
Business

Walmart Sees Stockpiling Again As Covid Cases Rise—But This Time It’s Localized

Nov 17, 2020 0
Walmart CEO Doug McMillon said Tuesday that customers are loading up on items such as toilet paper again as…
Technology

SoftBank CEO Masayoshi Son Says He’s Hoarding Cash To Prepare For ‘Worst Case…

Nov 17, 2020 0
SoftBank CEO and founder Masayoshi Son said he aggressively sold assets this year to prepare for a “worst case…
World

Biden Picks For Senior White House Staff Include Loyalists, Rising Democratic…

Nov 17, 2020 0
WASHINGTON – President-elect Joe Biden on Tuesday announced his first slate of senior White House staff, choosing a…
World

Trump Lawyer Rudy Giuliani Joins Pa. Court Case Seeking To Deny Biden Victory…

Nov 17, 2020 0
President Donald Trump’s personal lawyer, Rudy Giuliani, on Tuesday was allowed to join a lawsuit seeking to stop…
Technology

Amazon Jumps Into The Pharmacy Business With Online Prescription Fulfillment, Free…

Nov 17, 2020 0
Amazon is entering the pharmacy business with a new offering called Amazon Pharmacy, allowing customers in the…
Business

GOP Sen. Rob Portman: I Joined J&J’s Covid Vaccine Trial To Encourage People…

Nov 17, 2020 0
Sen. Rob Portman told CNBC on Tuesday that he’s participating in Johnson & Johnson’s Covid-19 vaccine clinical…
Business

Dollar Nurses Losses Amid Worries About Second Coronavirus Wave, Biden Transition

Nov 17, 2020 0
The dollar nursed losses on Tuesday as a return of coronavirus restrictions in some U.S. states and worries about…
Business

FG To Make Forex Available To Oil Marketers For Import To Drive Down Petrol Price

Nov 17, 2020 0
The Federal Government has announced plans to make the foreign exchange available to petroleum product marketers,…
Business

Sterling Edges Higher As Traders Focus On Drawn-Out Brexit Talks

Nov 17, 2020 0
Sterling rose against a broadly weaker dollar and edged higher against the euro on Tuesday as traders awaited news…
Business

Euro Climbs On Vaccine Optimism, Offshore Yuan Hits Highest Since June 2018

Nov 17, 2020 0
The euro rose against the dollar on Tuesday, helped by optimism over another coronavirus vaccine, while the Chinese…
Business

Oil Prices Rise On Possible OPEC+ Supply Action, Vaccine Hopes

Nov 17, 2020 0
Oil prices edged up on Tuesday helped by expectations that OPEC and its allies would tighten supplies next year and…
Business

Nigeria To Hold Summit To Woo Investors

Nov 17, 2020 0
The summit will discuss issues on Nigerians in Ghana and elsewhere, who are facing harsh conditions. Nigeria is…
Business

What African Central Banks May Do This Month With Interest Rates

Nov 17, 2020 0
Following aggressive interest rate cuts when coronavirus restrictions shut down output, African central bankers…
Business

Oil Marketers Advises Against ‘Group Fixing’ Of Petrol Price

Nov 17, 2020 0
The Major Oil Marketers Association of Nigeria (MOMAN), an umbrella body of petroleum products marketers in the…
Business

Nigeria: Freight Forwarders Seek Reopening Of Borders

Nov 17, 2020 0
Freight forwarders under the aegis of the Association of Nigerian Licensed Customs Agents have tasked the Federal…
Business

Panic As Naira Further Crumbles To N475/$1 After N5 Loss

Nov 17, 2020 0
The scarcity of forex at the parallel market is beginning to take its toll on the value of the Nigerian currency at…
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NIGERIA

Business

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

May 8, 2026
Business

Nigeria Economic Reforms Strengthen Resilience Amid Global Uncertainty

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World

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