Business CBN To Enforce Banks’ Compliance With SWIFT Code Oct 12, 2020 0 The Central Bank of Nigeria has ordered banks to comply with the SWIFT universal payment confirmation. It stated…
Business Canadian Experts Push For Cultivation Of Non-Intoxicating Cannabis In Nigeria Oct 12, 2020 0 Experts from Canada have started pushing for the cultivation and development of non-intoxicating Cannabis,…
Business Stakeholders Say Multiple Exchange Rates Benefitting Few Oct 12, 2020 0 Stakeholders in the financial sector have decried the multiple exchange rates in the country, saying it is fueling…
Business Onne Customs Rakes In N13.1bn, Highest In 37 Years Oct 12, 2020 0 The Nigeria Customs Service (NSC), Area ll Command, Onne Port, Rivers State has announced that it generated a total…
Business Challenges Of Foreign Private Investment In Nigeria Oct 12, 2020 0 NIGERIA has witnessed a steady decline in Foreign Direct Investment in recent time. According to data from the…
Business Nigeria Imports Paper Worth N3tn Annually Oct 12, 2020 0 The President/Chairman in Council, Chartered Institute of Professional Printers of Nigeria, Olugbemi Malomo, in…
Business AfCFTA Take-Off: Nigeria Remains Most Sought-After Bride Oct 12, 2020 0 Ahead of the planned takeoff of the much hyped African Continental Free Trade Agreement (AfCFTA) in January 2021,…
Business Yuan’s Haven Status Won’t Stick Until China Relaxes Its Controls Oct 12, 2020 0 When the world’s financial markets hit turbulence, could you really turn to China’s yuan as a store of value?…
Local Nigeria At 60: Whither The Capital Market? Oct 12, 2020 0 Not unmindful of the floatation of a development stock by the Colonial government in 1946, the doors of a formal…
Local SARS Ban: Nigeria Abolishes Loathed Federal Special Police Unit Oct 12, 2020 0 Nigeria has dissolved the special police force at the centre of protests against police brutality. The…
Business EM Investors Start To Put Vote Jitters Behind Them Oct 10, 2020 0 Emerging-market investors are beginning to factor in a victory for Joe Biden in next month’s election, a likely…
Business PwC Predicts 30% Unemployment Rate By Year-End Oct 10, 2020 0 PricewaterhouseCoopers says Nigeria’s unemployment rate can rise to 30 per cent by the last quarter of the year…
Business Norway Oil Strike Ends After Wage Agreement Oct 10, 2020 0 An Equinor employee talks to a reporter on a rig used to produce oil from the Johan Sverdrup oil field some 140…
Business UK Chancellor Announces ‘Local Furlough’ Scheme And Business Grants Oct 10, 2020 0 Chancellor Rishi Sunak has announced new support for businesses and employees hit by local lockdowns. The…
Banking Banking Sector Credit Rises To N18.90tn Nationwide Oct 10, 2020 0 The total banking industry credit to customers in the 36 states of the federation and Federal Capital Territory…
Business CBN’s $450m Inflow To BDCs Stabilise Naira Oct 10, 2020 0 The Central Bank of Nigeria (CBN) has injected over $450 million into the Bureau De Change (BDC) segment of the…
Business Nigeria Not Looking To Issue Eurobonds, Vice President Says Oct 10, 2020 0 Nigeria will avoid issuing Eurobonds due to their expense, Vice President Yemi Osinbajo said, and will look at…
Business Police Fire Teargas At Nigerians Protesting At Alleged Brutality, Witnesses Say Oct 10, 2020 0 Nigerian police used teargas on Friday to disperse dozens of people in the capital Abuja who had gathered to…
Business Nigeria’s Forex Devaluation Timeline – 2020 Oct 10, 2020 0 Speculations started March 12 that the naira might be devalued. This is a timeline of every decision taken since…
Business Canadian Dollar, ‘Super-Charged’ By Jobs Data, Posts One-Month High Oct 10, 2020 0 The Canadian dollar strengthened against its U.S. counterpart on Friday to notch its biggest weekly advance in four…
Business Nigeria’s NSA Says $1.8bn ‘Wasted’ On N/Delta Amnesty Oct 10, 2020 0 Nigeria’s National Security Adviser, Babagana Monguno says he has advised the country’s President Muhammadu Buhari…
Business CBN Directs Banks To Confirm Swift Transactions Within 2 Business Days Oct 10, 2020 0 The Central Bank of Nigeria (CBN) has directed all deposit money banks to ensure full compliance with Swift…
Business Nigeria Stock Market Drops Further By N68bn Oct 10, 2020 0 The bears maintained dominance on the Nigerian Stock Exchange on Friday with the market capitalisation declining…
Business Next Africa: A Chance To Be Heard At The WTO Oct 10, 2020 0 Ngozi Okonjo-Iweala’s advance to the final selection round for director-general of the World Trade Organization…
Business Nigerian Airline To Test Direct Flights To Jamaica Oct 10, 2020 0 A Nigerian airline is making history for the first time as it tests direct roundtrip commercial flights in December…
Business Naira Gains Against The USD At The Bureau De Change, Parallel (“Black”) Markets… Oct 10, 2020 0 In the just concluded week, Naira appreciated against the USD at the Bureau De Change as well as the parallel…
Business We’ll Expand Economy Through Gas Utilisation Oct 10, 2020 0 Minister of State for Petroleum Resources, Timipre Sylva, has hinted that government intends to expand the…
Business Nigeria Pins Hopes On First Gold Project To Boost Mining Sector Oct 10, 2020 0 Nigeria’s first industrial gold project is on course to enter production next year, and its success will be crucial…
Local Nigeria Cherry-Picks Airlines Oct 10, 2020 0 Nigeria has granted daily traffic rights to British Airways, Virgin Atlantic, and Turkish Airlines, while…
Business 60 Immigration Officials Sacked Over Bribes — Official Oct 10, 2020 0 The Comptroller General of the Nigeria Immigration Service, Muhammad Babandede, on Saturday, said 60 personnel have…