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World

Britain Says It Is Doing Everything It Can To Avoid National Lockdown

Oct 29, 2020 0
Britain will do everything it can to avoid ordering a second national COVID-19 lockdown because it believes it will…
Business

CBN Increases Access To Mortgage Financing

Oct 29, 2020 0
The Central Bank of Nigeria has said it has removed the restriction on non-member mortgage lenders from refinancing…
Business

Nigeria’s Earnings Threatened As Oil Sheds $2.33/Barrel

Oct 29, 2020 0
Brent, the oil against which Nigeria’s crude is benchmarked, dropped in price on Wednesday, shedding $2.33/barrel.…
Business

Naira Falls To N465/$1 At Black Market, Gains 0.09% At I&E

Oct 29, 2020 0
After maintaining stability for some days, the Naira finally recorded a movement against the United States Dollar…
Business

Wide Gulf Persists Between CBN, BDC Rates For Naira And Dollar

Oct 29, 2020 0
The Nigerian Naira remains battered by US Dollar, Euro, Sterling The Central Bank of Nigeria…
Business

Sterling Bank Launches ‘Switch’ Free Money Transfer Service For Nigerians In…

Oct 29, 2020 0
Sterling Bank Plc has launched “a free money transfer service” for Nigerians in diaspora, called ‘Switch’, to…
Business

WTO Explains Leadership Election Quagmire

Oct 29, 2020 0
The World Trade Organisation selection committee explains the election quagmire. Link below: WTO Election…
Breaking

U.S. States Reason For Blocking Okonjo-Iweala At WTO

Oct 29, 2020 0
The Office of the U.S. Trade Representative has explained why the Trump administration is opposed to the selection…
Local

Nigeria Stocks Rise To 9-Month High After Curfews Imposed Last Week Eased

Oct 28, 2020 0
Nigerian stocks climbed to a nine-month high on Wednesday after round-the-clock curfews imposed last week to curb…
Local

Nigeria Is Spending $35 Per Capita To Combat COVID-19, Aig-Imoukhuede Says

Oct 28, 2020 0
Sub-Saharan Africa Governments do not have the firepower required to throw a blanket over the virus and as such…
Banking

Bank Of Canada Holds Rate Steady, Says COVID-19 Economic Recovery Likely By 2022

Oct 28, 2020 0
OTTAWA — The Bank of Canada kept its key interest rate on hold Wednesday as it said the country's economy won't…
Business

CBN Debits Banks Of CRR Worth N926.4bn For Breaching Lending Requirements

Oct 28, 2020 0
The Lagos State Government has announced total closure of the Adekunle to Adeniji section of the Third Mainland…
Business

Oil Plunges 5% As Coronavirus Cases Surge, U.S. Crude Stockpiles Swell

Oct 28, 2020 0
Oil prices dropped 5% to a three-week low on Wednesday as surging coronavirus infections in the United States and…
Business

FG To Take Over 10 Airports From State Governments

Oct 28, 2020 0
The federal has disclosed plans to take over 10 airports from State governments to help boost the aviation sector.…
Business

Cash-Strapped Customers Groan As Long Queues Return To Banks In Edo

Oct 28, 2020 0
Customers in Edo State on Wednesday, experienced difficulties in making financial transactions owing to the…
Business

Purchasing Managers’ Index Contracts In October

Oct 28, 2020 0
The Manufacturing Purchasing Managers’ Index (PMI) stood at 49.4 index points in October, indicating slowing…
Business

Sterling Drops Vs Dollar; One-Week Volatility Jumps Ahead Of U.S. Elections

Oct 28, 2020 0
Sterling fell against a strengthening dollar on Wednesday as markets turned risk-averse in light of a resurgence of…
Business

How Emefiele Saved The Economy From COVID-19

Oct 28, 2020 0
The Coronavirus pandemic (COVID-19) took the world by storm in a manner that inflicted destruction, the like that…
Local

Nigerian Army Says It Intervened In Protests At Lagos Government’s Request

Oct 28, 2020 0
Nigeria’s Lagos state government asked the army to intervene to restore order amidst anti-police brutality…
Banking

Bank Of England Gives Banks Breathing Space Over Crisis Plans

Oct 28, 2020 0
Britain’s main banks will have extra time before they have to say publicly how they could be closed down in a…
Business

Travel Agents Bemoan Fakery, Illegal Operators

Oct 28, 2020 0
Travel agencies have again raised concerns over the activities of illegal operators, touts and fake agencies that…
Business

Euro Dips On French Lockdown Fears, U.S. Vote Drives Volatility Gauges Up

Oct 28, 2020 0
The dollar rose against the euro on prospects of a national coronavirus lockdown in France, with implied volatility…
Business

Libor’s End Is A Game Changer For Global Finance

Oct 28, 2020 0
For about 50 years, the London interbank offered rate has helped determine the cost of borrowing around the world.…
Business

Fresh Concerns Over $17 Billion Yearly Freight Loss To Foreign Shipping Lines

Oct 28, 2020 0
Stakeholders in the maritime industry have expressed displeasure over the yearly $17 billion revenue loss to…
Local

Nigerian Considers Social Media Regulation In Wake Of Deadly Shooting

Oct 28, 2020 0
Nigeria’s information minister said “some form of regulation” could be imposed on social media just a week after…
Business

Euro Wilts As Coronavirus Lockdown Worries Hurt Sentiment

Oct 28, 2020 0
The euro fell against the dollar on Wednesday following a media report that France’s government was leaning toward…
Breaking

WTO Panel Recommends Nigeria’s Candidate for Top Post

Oct 28, 2020 0
Nigeria’s former finance minister Ngozi Okonjo-Iweala received a key endorsement Wednesday from the World Trade…
Business

Manufacturing Sector Hits Sixth-Month Slow Growth

Oct 28, 2020 0
The Purchasing Managers Index for the manufacturing sector which started contracting in May recorded another…
Banking

Bank Closure Leaves Customers Stranded In Abakaliki

Oct 28, 2020 0
The continued closure of commercial banks in Abakaliki, the Ebonyi State capital, in the wake of the violent…
Business

Nigeria’s Manufacturing Sector Contracts For Sixth Consecutive Month

Oct 28, 2020 0
The manufacturing Purchasing Managers’ Index (PMI) in October stood at 49.4 index points, indicating a contraction…
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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

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