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Business

FACTBOX-Legal Cases Sparked By Nigerian OPL 245 Oilfield Licence

Nov 13, 2020 0
One of the oil industry's biggest court cases over alleged corruption in Nigeria involves an offshore oilfield…
Business

Nigeria Expects More Benin Bronze Returns As Soon As Next Year

Nov 13, 2020 0
Nigeria expects to get more of its plundered Benin Bronzes back from Western museums and collectors as early as…
Business

Electronic Transaction Volumes Increased 67% During Lockdown — CBN

Nov 12, 2020 0
The Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, has said that electronic transaction volumes increased…
Business

Turkey Eases Currency Trading Limits Again, Boosting Lira

Nov 12, 2020 0
Turkey made it easier for foreign investors to access lira funding, a move that’s aimed at undoing some of the…
Business

Dollar Holds Gains As Investors Temper COVID-19 Vaccine Enthusiasm

Nov 12, 2020 0
The dollar held broad gains on Thursday as investors tempered bullish expectations about a COVID-19 vaccine, while…
Business

Hedge Fund Blocks Nigeria In $10 Billion P&ID Dispute

Nov 12, 2020 0
VR Capital Group Ltd. won a U.S. ruling to block Nigeria from accessing its internal documents as part of the…
Business

NDIC Raises Concern On How To Identify, Insure Non-Bank Financial Institutions

Nov 12, 2020 0
The Nigeria Deposit Insurance Corporation (NDIC) on Wednesday raised concerns on how it could identify and insure…
Business

Forex Demand Pressure Worries CBN MPC Members

Nov 12, 2020 0
Some members of the Monetary Policy Committee of the Central Bank of Nigeria have expressed concerns over the high…
Business

Nigeria’s Fragile Fiscal Regime May Stall $24bn Oil, Gas Projects

Nov 12, 2020 0
With the continued delay in the passage of the Petroleum Industry Bill (PIB) leading to a frigile fiscal regime…
Business

British Envoy Decries Nigeria’s Three Per Cent Mobile Money Penetration

Nov 12, 2020 0
British Deputy High Commissioner in Nigeria, Ben Llewellyn-Jones, has decried the most populous black nation’s…
Business

Funds Scarcity Stalls Audit Of 801 MDAs, 110 Foreign Missions Since 2017

Nov 12, 2020 0
The House of Representatives has expressed concern and dissatisfaction over the inability of the office of the…
Business

Nigerian Currency Falls To N466/$1, N600/£1 At Black Market

Nov 12, 2020 0
The Naira recorded losses against both the United States Dollar and the British Pound Sterling at the black market…
Business

Stock Market Defies Economic Downturn As Investors Rake N1.2trn

Nov 12, 2020 0
The Nigerian stock market continued its gaining streak defying the prevailing economic down turn with the investors…
Business

Oil Steady Above $41 On Signs OPEC+ Edging Toward Keeping Cuts

Nov 12, 2020 0
Oil held gains above $41 a barrel in New York as OPEC+ appeared to be closing in on an agreement to delay a planned…
Business

Kaduna Inland Dry Port Strategises To Render Improved Services

Nov 12, 2020 0
The Kaduna Inland Dry Port says it is strategising ahead of 2021 to render better services to its clients and to…
Business

Singapore To Introduce New Visa To Draw Top Global Tech Talent

Nov 12, 2020 0
Singapore is rolling out the red carpet for top talent, launching a programme to initially attract 500 individuals…
Business

Internet Economy In Nigeria, Others To Reach $180bn In 2025

Nov 12, 2020 0
The Internet economy has the potential to contribute $180bn to the economy of Nigeria and other African countries…
Business

FG To Unveil Techno Oil’s LPG Terminal

Nov 12, 2020 0
The federal government’s drive to stimulate job creation has started yielding dividends as the Techno Lagos Oil…
Local

Nigeria Ratifies Its Membership Of AfCFTA

Nov 12, 2020 0
Nigeria on Wednesday ratified its membership of the African Continental Free Trade Area (AfCFTA) less than a month…
Business

The Chinese Renminbi And The Japanese Yen Are Likely To Appreciate Sharply

Nov 12, 2020 0
In the recent period, the Chinese renminbi and the Japanese yen have appreciated against the euro and the dollar.…
Business

Buhari To Sign AfCFTA Ratification Soon

Nov 12, 2020 0
The Minister of Industry, Trade and Investment, Otunba Adeniyi Adebayo, has assured that President Muhammadu Buhari…
Business

Dollar Holds Gains As Investors Adjust Vaccine Expectations

Nov 12, 2020 0
The dollar held broad gains on Thursday as investors adjusted some of their expectations about a COVID-19 vaccine,…
Business

Nigerian Billionaire Benedict Peters Eyes Platinum Mine In Zimbabwe

Nov 12, 2020 0
Harare — Bravura Holdings, owned by Nigerian billionaire Benedict Peters, has $1bn available for the development of…
Business

Nigerian Stocks Climb To 2-Year High

Nov 12, 2020 0
ABUJA: Nigerian stocks climbed to a more than two-year high on Wednesday as domestic funds bought shares across…
Business

UK ‘Sleep-Walking’ Into Personal Debt Crisis, Warns Charity

Nov 12, 2020 0
Britain is ‘sleep-walking’ into a personal debt crisis with the number of people in severe problem debt topping a…
Business

US Immigration Policy Changes Expected Under Biden

Nov 12, 2020 0
The incoming administration of President-elect Joe Biden could swiftly reverse an array of President Donald Trump’s…
Africa

Africa’s Largest Economy Ratifies Continent Trade Deal

Nov 12, 2020 0
ABUJA: The Nigerian government said Wednesday it had ratified the African Continental Free Trade Area (AfCFTA) — a…
Technology

YouTube Back Up After Worldwide Outage

Nov 12, 2020 0
YouTube, owned by Alphabet Inc's Google GOOGL.O, said late on Wednesday it had fixed a glitch that led to a…
Business

OPEC+ Focuses On Delay To Oil-Output Hike Of Three To Six Months

Nov 12, 2020 0
Talks between OPEC and its allies are zeroing in on a delay to next year’s planned oil-output increase of three to…
Business

Analysis: Fear On The Wild Frontier As Riskier Stock Markets Left Trailing

Nov 11, 2020 0
Frontier stocks have trailed bigger emerging markets in recovering from the coronavirus-induced crash as liquidity…
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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

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