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Local

Nigerian International Airports Not Shut Till October – NAMA

Jul 22, 2020 0
The Nigerian Airspace Management Agency (NAMA) has declared untrue the insinuation making the rounds that the…
Business

Euro Scales Fresh Four-Month Peak Vs Dollar After EU Virus Deal

Jul 22, 2020 0
The euro on Tuesday climbed to its highest against the U.S. dollar in more than four months after European Union…
Local

Third Mainland Bridge Closes Midnight Friday – FG

Jul 22, 2020 0
The Federal Government says the partial closure of the Third Mainland Bridge in Lagos State begins from Friday…
Local

Nigerian Government Begins Checks Into Documents Of Chinese In Nigeria

Jul 22, 2020 0
Nigeria’s House of Representatives has begun investigation into the immigration documents of Chinese immigrants…
Local

Nigeria: NCAA Extends Ban On International Flights Till October

Jul 22, 2020 0
The Nigeria Civil Aviation Authority (NCAA) has issued a Notice to Airmen (NOTAM) stating that it is extending…
Business

Bullish Markets Lifts Pound To Six-Week High, Look Past Economy Woes

Jul 22, 2020 0
The pound rallied above $1.27 for the first time in six weeks on Tuesday as optimism over a coronavirus vaccine and…
Business

Foreign Reserves Decline by $494m to $36.1 Billion

Jul 22, 2020 0
Foreign reserves declined with falling revenue generation and weak oil prices in the month of July, according to…
Banking

Nigeria Wants Banks to Alter 65% of Loans Amid Economic Fallout

Jul 22, 2020 0
Lenders are already busy reorganizing $20 billion of debt  Banks can revamp credit terms without booking…
Local

Nigeria:Calabar, Kaduna, Yola Airports Open Amid Traveller Apathy

Jul 21, 2020 0
FG to shut airports in default of COVID-19 safety guidelines At least another two airports were yesterday…
Local

Nigeria: Clearing Agents Condemn Planned Concession Of Scanners To Foreigners

Jul 21, 2020 0
There is nothing like that, says Customs The Association of Nigerian Licensed Customs Agents (ANLCA), has…
Local

Nigeria: Hope Dims For National Carrier Two Years After London Launch

Jul 21, 2020 0
FG insists on Nigeria Air as project gets priority in N27b bailout fund • Pandemic forecloses credible…
Business

NNPC Raises August Selling Prices Of Crude Oil

Jul 21, 2020 0
The Nigerian National Petroleum Corporation has increased the prices at which two of the country’s major crude oil…
Local

Nigeria Sets Up Committee To Drive Digital Identity Initiative

Jul 21, 2020 0
Nigeria‘s President Muhammadu Buhari has established a committee led by the Secretary to the Government of the…
Business

CBN Mute On FX As MPC Meeting Underwhelms

Jul 21, 2020 0
The Central Bank of Nigeria (CBN) announced its monetary policy decisions on Monday without addressing the acute…
Local

‘Cassava Can Boost Nigeria’s Export’

Jul 21, 2020 0
The New Partnership for Africa’s Development (NEPAD) Business Group Nigeria (NBGN) has called for good policies and…
Business

Preserving Forex Reserves, Raising Local Capacity Through Import Substitution

Jul 21, 2020 0
For decades, successive governments in Nigerian resorted to protective measures, including import restrictions and…
Local

Covid-19 Takes Toll On Kaduna Dry Port

Jul 21, 2020 0
Barely five months into the outbreak of the Coronavirus (Covid-19), some operators in the sector are already…
Local

Towards A Digitalised Port System

Jul 21, 2020 0
One major issue dominated discussions at the parley of the chief executive officers of maritime agencies hosted by…
Business

Euro Hits New Four-Month High After Pandemic Recovery Deal

Jul 21, 2020 0
The euro hit its strongest level since early March on Tuesday after the European Union (EU) struck a deal for a…
Business

Forex Uncertainty Worries Businesses As CBN Retains 12.5% Interest Rate

Jul 21, 2020 0
The Central Bank of Nigeria on Monday retained the country’s benchmark interest rate or Monetary Policy Rate at…
Business

Nigeria Weekly Update – The Mystery Of The Parallel Exchange Rate

Jul 21, 2020 0
Until recently, the behaviour of the parallel exchange rate this year has been a mystery. Why did it not respond to…
Business

Nigeria’s Rating Suffers Blow From COVID-19, Oil Shock – Fitch

Jul 21, 2020 0
Fitch Ratings has said the coronavirus pandemic and the oil price shock have caused a severe impact on credit…
Business

Nigeria: CBN Boosts Economy With N3.3tr Credit

Jul 21, 2020 0
The Central Bank of Nigeria (CBN) on Monday said it has facilitated a credit of N3.3trillion to the productive…
Business

Nigeria, Others Import $650bn Goods From Outside Africa – FG

Jul 21, 2020 0
Nigeria’s National Action Committee on the African Continental Free Trade Area on Monday said Nigeria and…
Business

Naira Devaluation: Good Policy With Grave Implications

Jul 21, 2020 0
As the monetary authorities advance in the unification of the exchange rates by devaluation of the Naira, experts…
Africa

South Africa Bans Alcohol Sales Again To Combat Covid-19

Jul 21, 2020 0
South Africa has introduced new restrictions, including another ban on alcohol sales, to help contain the spread of…
Business

MPC To Retain Policy Rates As Analysts See Further Rise In Inflation

Jul 21, 2020 0
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) meeting today is expected to retain its…
Business

Unified Exchange Rate’ll Attract $25bn Diaspora Remittances –ABCON

Jul 21, 2020 0
The Federal Government’s move to unify multiple exchange rates in the country will attract over $25bn diaspora…
Local

Nigeria: Naira In An Age Of Pestilence

Jul 20, 2020 0
I remember when the Naira was born. It hatched out of the British Pound, and we celebrated it as though the birth…
Business

Shekel Could Sour As Central Banker Sees Bigger Economic Hit

Jul 20, 2020 0
After a strong week, the shekel is again testing pre-coronavirus levels. A resurgent outbreak could change all…
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NIGERIA

Macroeconomic

Nigeria Inflation Set to Rise Again as FMDA Projects 16.42% April Rate Amid Food and Energy Pressures

May 14, 2026
Local

Telcos Pour N2.5 Trillion into Network Expansion as NCC Battles Rising Service Complaints in Nigeria

May 14, 2026
Business

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World

European Markets Rise as UK Political Uncertainty and…

May 14, 2026

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
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