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Business

Nigeria: FG To Save $300m From Barite Importation

Jul 20, 2020 0
The Minister of Mines and Steel Development, Mr Olamilekan Adegbite, says the Federal Government will soon ban the…
Banking

Nigerian Banks To Limit Debit Card Spending Abroad To Ease FX Risk

Jul 20, 2020 0
Nigerian banks plan to reduce the amount customers can spend abroad using debit cards on Monday, two lenders said,…
Business

Where’s Crude Heading? Morgan Stanley Says To Watch The Oil-Gold Ratio

Jul 20, 2020 0
"The oil-gold ratio has historically been a poor indicator of future oil prices," Morgan Stanley's Martijn Rats…
Business

Nigeria’s Revenues Rise In June On Higher Oil, Tax Receipts

Jul 20, 2020 0
Nigeria’s gross revenues rose to 653.35 billion naira ($1.7 billion) in June from 517.8 billion naira in May due to…
Banking

Nigeria: Anxiety As Forex Scarcity Hit Banks

Jul 20, 2020 0
Indications are that most deposit money banks (DMBs) operating in the country are practically struggling to meet…
Business

Nigeria: Waiting on the Revised Petroleum Industry Bill

Jul 20, 2020 0
The much-sought sanity in the petroleum industry may soon be found if the promise by the federal government to…
Business

Nigeria: NNPC Suffers 47% Drop In Petrol Sales Revenue

Jul 20, 2020 0
The Nigerian National Petroleum Corporation saw its revenue from petrol sales plunge by 47.38 per cent to N107.61bn…
Local

UAE Impounds Aircraft Operated By Nigerian Airline Over Safety Violations

Jul 20, 2020 0
Civil aviation authorities in the United Arab Emirates have impounded a private jet operated by a Nigerian airline…
Local

Untold Magical Treasures Of Northern Nigeria

Jul 20, 2020 0
Way before the name ‘Nigeria’ was chosen, in the period that saw the rise and reign of powerful empires and…
Banking

Nigeria: No More Hiding Place for Loan Defaulters

Jul 20, 2020 0
Individuals and companies, who have the habit of borrowing from banks, with the intention of not paying back, may…
Business

Nigeria Border Closure: Unsold Inventory Fell By N23.73b In 2019-MAN

Jul 20, 2020 0
The border closure may have been a blessing in disguise as local manufacturers reaped bountifully with many…
Local

Covid-19: Lagosians Groan As Prices Of Foodstuffs, Rent Soar

Jul 20, 2020 0
RESIDENTS of Lagos State may have to devise ingenious means of grappling with the economic impacts of the COVID-19…
Business

Nigeria: Women To Get 60% Of N220bn SME Fund – CBN

Jul 20, 2020 0
The Central Bank of Nigeria has said that women will be given 60 per cent of the N220bn Micro, Small and Medium…
Banking

How Did Nigeria’s Treasury Bills Drop From 18% to 3% in 3 Years?

Jul 20, 2020 0
How did Nigeria's treasury bills drop from 18% to 3% in the last three years and why earnings on savings,…
Local

134 Nigerians Stranded In Sudan Arrive In Abuja

Jul 20, 2020 0
134 Nigerians who had been stranded in Sudan have returned to the country. They arrived at the Nnamdi Azikiwe…
Local

Nigerian Port Authority (NPA) Driving Seaport Operations

Jul 20, 2020 0
During COVID-19 The Nigerian Ports Authority, (NPA), while overseeing the general seaport operation by private port…
Business

Dollar Falls, Euro Hovers At Four-Month High As EU Negotiates Rescue Fund

Jul 19, 2020 0
The dollar was broadly lower on Friday as the euro rose to just under a four-month high, with negotiations underway…
World

US Opens Borders For Students, Academics And Businesspersons From Schengen Area,…

Jul 19, 2020 0
In an unprecedented move, the United States has decided to open the borders for certain business travellers,…
Business

The End Of The Arab World’s Oil Age Is Nigh

Jul 19, 2020 0
Their budgets don’t add up anymore. Algeria needs the price of Brent crude, an international benchmark for oil, to…
Local

Nigeria:Third Mainland Bridge Alternative Routes Ready, Says LASG

Jul 19, 2020 0
The Lagos State Government has announced that rehabilitation of alternative routes to be used during the closure of…
World

Portugal Fines Airlines And Passengers Arriving Without Negative COVID-19 Test…

Jul 19, 2020 0
Portugal’s government is fining anyone arriving in the country from the United States, non- European…
Africa

Multi-Nationals Finally Recognise Value Of Local Currency Funding

Jul 19, 2020 0
Multi-National organisations, which have long relied on the US-dollar or euro-based funding when doing business in…
World

Stolen Kuwaiti Money in Beverly Hills ‘Mountain,’ U.S. Says

Jul 19, 2020 0
U.S. prosecutors said money misappropriated from the Kuwaiti Ministry of Defense was used to invest in a Beverly…
Business

Cautious Optimism On Crucial EU Summit Lifts Euro

Jul 19, 2020 0
The euro was heading for four-month highs on hopes a European Union summit will make progress on a recovery fund…
Africa

Zimbabwe Accuses ECONET Wireless Of Money Laundering

Jul 19, 2020 0
Zimbabwean police have accused the country’s largest telecom operator ECONET Wireless of money laundering.…
Banking

EXPLAINER: How The Policy On Settling Loan Defaults With Funds In Other Banks Will…

Jul 19, 2020 0
The Central Bank of Nigeria (CBN), on Monday, released a policy that would allow banks to settle loan defaults with…
World

Global Air Passenger Slump To Last Until 2023

Jul 18, 2020 0
Global airline passenger demand won’t recover to pre-coronavirus pandemic levels until the end of 2023, and only…
Business

Foreign Reserves Drop To $36.12bn

Jul 18, 2020 0
The country’s foreign reserves fell by $454.05m from $36.57bn on June 1 to $36.12bn on July 15, the latest figures…
Local

FG Arranges 3 More Evacuation Flights From U.S.

Jul 18, 2020 0
The Federal Government has arranged three more flights to evacuate Nigerians stranded in the United States due to…
Breaking

Tyrese Haspil charged with murdering tech CEO Fahim Saleh

Jul 18, 2020 0
The executive assistant to tech CEO and investor Fahim Saleh was charged Friday with second-degree murder in his…
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NIGERIA

Business

Nigerian Stock Market Loses N2.5 Trillion in Three Days as Weak Sentiment Hits Banking and Blue-Chip Stocks

Jun 19, 2026
Business

OPEC Quota: Nigeria’s Rising Oil Output Driven by Stronger Pipeline Security on Trans Niger Pipeline – PINL

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World

European Markets Rise as UK Political Uncertainty and…

May 14, 2026

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