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…