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Business

Four OPEC+ Members Favor Extended Cuts

Nov 6, 2020 0
Three members of OPEC and Russia are in favor of an extension of the current oil production cuts agreed by OPEC+ in…
World

COVID-19: China Bars Nigerians, Others From Entry

Nov 6, 2020 0
The Chinese authorities have temporarily suspended entry into China by Nigerians and other nationals in Nigeria…
Business

Stock Market 0May Be Investor’s Only Viable Option

Nov 5, 2020 0
With Nigeria's debt market becoming even more unattractive to foreign investors, Nigerian investors’ only viable…
Business

Local Currency Depreciates To N464/$1 At Black Market

Nov 5, 2020 0
The Naira weakened against the US Dollar at the parallel market on Wednesday, November 4 as it lost N1 to close at…
Business

Forex Scarcity Restricts Access To N100bn Pharmaceutical Fund

Nov 5, 2020 0
Despite availability of the N100 billion Healthcare Intervention Fund, HIF, the scarcity in foreign exchange,…
Business

FG Considers Passport Ban For Passengers Breaching COVID-19 Test

Nov 5, 2020 0
The federal government has threatened to prevent travellers who refuse to make themselves available for compulsory…
Business

Dollar Gains As Investors Unwind Bets On Big Fiscal Spending

Nov 5, 2020 0
The U.S. dollar gained against a basket of currencies on Wednesday after Democrats looked unlikely to take control…
Business

Sterling Volatile As Investors Await U.S. Election Outcome

Nov 5, 2020 0
Democrat Joe Biden was back as favourite to win the U.S. presidential election in online betting markets, according…
World

U.S. Senate Gets First Nigerian-American Congressman

Nov 5, 2020 0
Mr. Oye Owolewa cruised into victory on Tuesday night to become the first Nigerian-American to be elected to the…
Business

Nigeria, Third Highest Destination Of Used Cars From U.S.

Nov 5, 2020 0
The unique and rare terracotta head, believed to be from Ile-Ife in Nigeria, was intercepted by Dutch Customs at…
Local

Nigeria Not Military State, Release Moe’s Passport – Ezekwesili

Nov 5, 2020 0
A Former Minister of Education, Oby Ezekwesili, has called out the President Muhammadu Buhari government and…
Local

FG Clamps Down On #EndSARS Promoters, Freezes Accounts

Nov 5, 2020 0
There were strong indications on Tuesday that the Federal Government had begun a clampdown on promoters of #EndSARS…
Business

Nigeria’s Debt To Hit N38.6 Trillion By December 2021

Nov 5, 2020 0
Nigeria’s total public debt may hit N38.68 trillion by December 2021, the Minister of Finance, Budget and National…
Business

Gold Erases Losses As U.S. Vote Count Stretches On; Oil Jumps

Nov 5, 2020 0
Gold erased losses while oil rose as tight races in key battleground states in the U.S. election left investors…
Business

FG Seeks Fresh $1.2bn Loan From Brazil

Nov 5, 2020 0
The Federal Government is seeking a $1.2bn external borrowing from Brazil to finance agricultural programmes in the…
Business

Sterling Falls More Than 1% As U.S. Election Results Eyed

Nov 5, 2020 0
The British pound fell more than 1% against the U.S. dollar on Wednesday as investors sold riskier currencies,…
Business

Dollar Trims Gains As U.S. Election Race Enters Home Stretch

Nov 5, 2020 0
The dollar gave up some gains and riskier currencies remained on the backfoot as markets waited for the U.S.…
Business

South African Rand Inches Higher, Traders Focus On U.S. Election

Nov 5, 2020 0
South Africa's rand ended mostly flat on Tuesday in turbulent trade as investors awaited the results from the…
Banking

Mutual Funds Are Next Big Thing In Nigerian Finance’

Nov 5, 2020 0
Mutual Funds are gaining wide acceptance in Nigeria’s investment climate, with savvy investors choosing the…
Business

Oil Drops After Trump Claims Victory In Tight U.S. Election

Nov 5, 2020 0
Oil turned lower on Wednesday after President Donald Trump claimed victory in a tight U.S. election, despite…
Local

Police Brutality Activist Says She Was Barred From Leaving Nigeria

Nov 5, 2020 0
Nigerian immigration officials blocked a prominent anti-police brutality activist from leaving the country and…
Local

6,800 Nigerian Students In China – Envoy

Nov 5, 2020 0
The Charge d’Affaires of the Embassy of China in Nigeria, Mr Zhao Yong, has said people-to-people exchange between…
Business

Dollar Jumps As U.S. Election Race Tightens; Peso, Yuan Wilt

Nov 5, 2020 0
The U.S. dollar jumped and riskier currencies wilted on Wednesday as early results in the presidential election…
Local

Top Nigerian Bank Sued For Blocking Account Linked To Protesters

Nov 5, 2020 0
Access Bank Plc, Nigeria’s biggest bank, is accused of illegally blocking an account used to promote media coverage…
Business

OML 40 Explosion Damages Marine Storage Vessel, Stalls 10,000bpd

Nov 5, 2020 0
The Nigerian Petroleum Development Company, a subsidiary of the Nigerian National Petroleum Corporation, has…
Business

Nigeria Will Borrow N6tn In 2021 – Finance Minister

Nov 5, 2020 0
The Minister of Finance, Budget and National Planning, Zainab Ahmed, has said Nigeria’s total public debt will hit…
Local

Survey Anticipates Further Rise In Unemployment Rate

Nov 5, 2020 0
Respondents to the Central Bank of Nigeria’s (CBN), ‘Consumer Expectations Survey Report,’ have estimated further…
Local

Nigeria Government To Ban Passports For Travelers Refusing For Compulsory PCR Test

Nov 5, 2020 0
The Government of Nigeria has decided to ban passports for travelers who refuse to make themselves available for a…
Business

Naira Stabilizes At Black Market As CBN Continues Its Intervention In Forex Market

Nov 5, 2020 0
Forex turnover rose sharply by 122% as Nigeria’s exchange rate at the NAFEX window depreciated against the dollar…
Business

US Dollar Eurobond Yields Now Higher Than Naira Yields?

Nov 5, 2020 0
The Naira yields of T-bills and Federal Government of Nigeria (FGN) bond are lower than its US dollar Eurobonds.…
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NIGERIA

Business

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

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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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