Nigeria: LCCI, Expert Worry As Debt Profile Rises By 127%
Stakeholders in the economy have expressed worry over the capacity of the country to service its rising debt profile. In…
Author: Ekemini
2021 Hajj – NAHCON To Begin Registration Of Intending Pilgrims September 9
The Chairman of the National Hajj Commission of Nigeria (NAHCON), Zikrullah Hassan, has announced September 9, as commencement date for…
FG Has No Business In Direct Construction Of Houses For Nigerians — Odusolu
A real estate and property development expert, Babajide Odusolu has said that the Federal Government has no business engaging in…
Naira Remains Under Pressure, Slides to N580 Against British Pound
Naira Slides to N580 Against British Pound, Remains Under Pressure Naira continues its downward trend against global counterparts this week…
Nigeria: Residents Kick As Lagos Bus Service Announces 46% Fare Increase Amid Coronavirus Scare
Some residents of the state, who spoke with SaharaReporters, said it was unfair for the service to increase prices and…
Euro’s Strength May Just Be Prelude To A Big Trend In The Making
Market rush to unwind short positions evident via option bets Commercial trader positioning suggests further gains ahead The forces behind…
Nigeria: Lagos Govt Seals 13 Banks, 30 Buildings On Airport Road, Gives Reason
The Lagos State Ministry of Physical Planning and Urban Development has sealed 43 buildings on Airport Road. The Commissioner of…
Ethiopian Welcomes Back Customers
Ethiopian Airlines has said during the pandemic, it was the go-to airline for essential travel, repatriation flights and airlift of…
Cryptocurrency Use In Africa ‘Growing Very Rapidly’, Says Exchange CEO
Crypto adoption in Africa is lead by Nigeria, South Africa, Kenya and Ghana Crypto volume in Africa reached $16 million…
Citizenship-By-Investment Firm Opens New Office in Nigeria
Passport Legacy, a leading citizenship-by-investment and residence-by-Investment advisory firm with its global headquarters in Dubai, United Arab Emirate (U.A.E), has…
Sterling Set For Best Week Vs Dollar Since Early June
The pound was broadly steady against the dollar and edged up versus the euro on Friday, little moved by better-than-expected…
Airport Concession As Catalyst For Development
Aviation industry stakeholders have posited that concession is the only choice government have to attract private funds for the development…
Nigeria: Travellers Now Go To Neigbouring Countries For Overseas’ Flights
Nigerians who are desperate to travel to long-haul destinations now go to Benin Republic and Equatorial Guinea to catch international…
Nigerian Airlines Bemoan Losses On COVID-19 Evacuation Operations
To non-aviators, the sky remains ever large to accommodate just any bird. This, however, isn’t so for airline operators who have…
Executive Order On Ease Of Doing Business In Nigeria: Knuckling Down To Get Business Done
President Buhari’s administration is on record as being the first to consciously determine to address Nigeria’s perennially low ranking in…
U.S. Dollar Continues Slide As Euro Soars Again
The dollar slumped to its lowest in nearly two years on Thursday, as investors continued to sell the greenback on…
Nigerian Govt Gives Update On Resumption Of International Flight
Mr. Boss Mustapha, Secretary to the Government of the Federation and Chairman, PTF-COVID-19, has called on Nigerians to disregard any…
Security Conditions Worsening For Nigerians – America Reacts To Boko Haram Executions
The United States Government has condemned the executions of aid workers by Boko Haram. The US noted that the situation in Nigeria…
Number Of Nigerian Doctors In United Kingdom Rises To 7,875
India, Pakistan, Nigeria have highest number of migrant doctors in UK Low pay, poor facilities, insecurity forcing doctors out, says…
We’ve Identified Plans To Generate N18tn Revenue – FG
The Federal Government on Thursday said it had identified oil and non-oil initiatives that could help the country generate between…
Stamp Duty: FIRS Orders Landlords, Agents On 6% Charge Remittance
FIRS Chairman, Muhammad Nami The Federal Inland Revenue Service (FIRS) has called on landlords and property agents to ensure they…
Five Nigerian Aid Workers Delivering Medical Supplies During Pandemic Executed On Camera
Those executed included aid workers from the International Rescue Committee and Action Against Hunger Jihadists allied to Isil have executed…
Pandemic Travel Restrictions Leave Nigerian Mother Stranded In Dubai With Newborn Quadruplets
The quadruplet babies were born July 1 at the Latifah Women and Children’s Hospital in Dubai. (CNN)A Nigerian mother and…
Nigeria’s Debt To Hit N33 Trillion As Govt Plans Fresh N4.28 Trillion Loan
Nigeria’s debt burden will hit N32.91 trillion as the federal government has notified the National Assembly of a fresh plan…
Sterling Steady Above $1.27 On Last Day Of Brexit Talks
Sterling stabilized above $1.27 on Thursday on the last day of the Brexit negotiations, with traders looking out for any…
Oil Eases As High U.S. Oil Stocks Outweigh Weak Dollar
Oil prices edged lower on Thursday as a weaker dollar, which usually boosts oil prices, was outweighed by concerns about…
Weekahead-Africa-FX-Dollar Dearth Weighs Down Kenyan, Nigerian Currencies
The Kenyan shilling and the Nigerian naira are expected to weaken in the week ahead, mainly because coronavirus disruptions have…
Nigeria: Shippers Council, NAICOM To De-Risk Costs At Ports
The Nigeria Shippers Council (NSC), and the National Insurance Commission (NAICOM), plans to collaborate to reduce the cost of doing business…
Nigeria: Loan Forbearance Will Enable Companies Survive Covid-19
Central Bank of Nigeria Governor, Mr. Godwin Emefiele, in this interview after the Monetary Policy Committee meeting spoke about the state…
Nigeria: Fed Govt Okays N10.5b For Ports
The Federal Government yesterday approved projects in two memoranda worth above N10.5 billion for the Nigerian Customs Service (NCS). The…