Nigeria Aims To Revamp Refineries, End Oil-For-Fuel Swaps
Nigeria aims to end the country’s so-called oil-for-fuel swaps system in the near future and rely instead on oil…
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Dollar Weaker As U.S. Fiscal Stimulus Hopes Lift Risk Appetite
The dollar was on the defensive against most currencies on Tuesday as rising optimism that U.S. lawmakers could…
F.G Considers Tax Holiday For Maritime To Cushion COVID-19 Effect
Poised to stimulate investment and boost activities amid the downturn induced by COVID-19, the Federal Ministry of…
Nigeria Battles Covid-19 With New Small Business Support Fund
Nigeria will help cushion small business owners impacted by the coronvirus with grants from a 75 billion naira…
The Plantation City In Warri Enters Nigeria’s Premium Real Estate Market
Nigeria's real estate hubs are listed as Lagos, Abuja and Port Harcourt. Well, that was before The Plantation City,…
2021 Budget: Expert Tasks FG On Monitoring, Evaluation For Enhanced Performance
A financial expert, Dr Glenn Prince-Abbi, on Monday urged the Federal Government to map out strategies for proper…
Foreign Reserves Face Further Decline As Export Revenue Crisis Worsens
Nigeria’s international reserves, which opened at $38.100bn in January, 2020 may face further decline before the…
Nigeria’s Foreign Borrowings Surge By Over 400% In 10 Years
Nigeria's foreign borrowing in the past 10 years has ballooned more than five-folds, an analysis by TheCable has…
Sterling Tops $1.30 As Investors Push Back Negative Rate Expectations
Sterling climbed above $1.30 on Tuesday for the first time in three weeks as investors pushed back expectations for…
Bank Offers Salary Advance To Non-Customers
Polaris Bank has re-launched its popular Salary Advance with an added capability of enabling non-account holders to…
IATA: COVID-19 Will Dip Africa’s GDP By $37b
The International Air Transport Association (IATA) has warned that the damage being done to the African aviation…
Oil Prices Rebound As Investors Watch Trump’s Health Condition Following His…
SINGAPORE — Oil prices saw a rebound in Monday trade following a Friday drop as investors continue to watch for…
Capital Market Calls For Review Of Economic Architecture
LEADING capital market experts and financiers have called for a comprehensive review of economic architecture to…
Nigeria Widens Markets’ Depth With Central Counterparty Clearing Houses
NIGERIA’s apex capital market regulator, Securities and Exchange Commission (SEC), has granted approval to NG…
Nigeria Is African Market With Greatest Online Potential, Say SBC Digital Summit…
The dollar index slipped slightly on Monday but was little changed from Friday’s close as financial markets waited…
Saudi Arabia Pegs Budget To Oil At Around $50, Goldman Says
Saudi Arabia’s Finance Ministry is budgeting for oil prices to be around $50 a barrel for the next three years,…
Nigerian Police Personnel Banned From Searching Phones, Laptops
Nigeria’s Inspector general of police Mohammed Adamu on Sunday banned personnel of the police from indiscriminate…
Dollar Holds Breath Waiting For Trump Health Updates, Fiscal Package
The dollar index slipped slightly on Monday but was little changed from Friday’s close as financial markets waited…
Nigeria To Bar Vessels Without Licences From Operating In Nigerian Waters
Nigeria plans to bar vessels without a valid licence to operate in Nigerian waters and has given shipping companies…
$10 Billion Is Lost Annually To Illegal Fishing
The Minister for Transportation, Mr. Rotimi Amechi, has revealed that US$10 billion is lost annually to illegal…
Sterling Slightly Weaker Vs Euro, Focus Remains On Brexit
Sterling fell against the euro on Monday, although not by much, and most analysts say they now expect Britain and…
Oil Firms’ Debts Near N5tn Amid Price Collapse
The debts owed by oil and gas companies to Nigerian banks rose by N90bn in the second quarter of this year to…
Record-Breaking $86bn Debt Leaves Nigerians Stunned
Nigeria's debt of $85.9 billion, the highest in history, has become the talking point even as the country…
Foreign Venture Capital Firms Killing Nigerian Businesses, Group Cries Out
The Business Founder Coalition (BFC), which is made up of Nigerian entrepreneurs has cried out to the federal…
CBN: Nigeria’s Foreign Reserve To Drop Below $34.3bn By December
The Central Bank of Nigeria (CBN) says Nigeria’s foreign reserves will drop below $34.3 billion by the end of…
AfCFTA – Rules Of Origin Negotiations At Concluding Stages
The Acting Director General of the Nigerian office of Trade Negotiations, Liman Victor Liman has said that his…
€85 Mn Of Cargo Thefts From Supply Chains In EMEA In H1 2020: TAPA
Over €85 million of products were stolen from air, road, sea and rail freight supply chains in 46 countries in the…
NSE Set To Launch West Africa’s First Exchange Traded Derivatives
There are indications that the launch of West Africa’s first Exchange Traded Derivatives (ETDs) on the Nigerian…
Commissioner Seeks Quick Transfer Of Deceased Persons’ Assets
The Lagos State Attorney General and Commissioner for Justice, Mr Moyosore Onigbanjo (SAN), has urged relatives of…
China’s Tech Giants Face ‘New Business Realities’ Across The World
GUANGZHOU, China — China’s technology giants — like their U.S. counterparts — have seen business thrive during the…