Business Nigeria Cuts Oil Production To 1.4 Mbpd -OPEC Jul 15, 2020 0 For the first time in many years, the Organisation of Petroleum Exporting Countries, OPEC, has confirmed Nigeria’s…
Breaking Gokada CEO Fahim Saleh Found Dead, Dismembered In US Jul 15, 2020 0 Fahim Saleh, founder and Chief Executive Officer of ride-hailing company Gokada, is dead. Saleh’ s dismembered…
Business Bitcoin Trading Sees Explosive Growth in Africa in 2020 Jul 15, 2020 0 Peer-to-peer Bitcoin trading volume hits new all-time highs in Africa While major cryptocurrency exchanges saw a…
World EU to Resist Further Travel Opening With New Virus Wave a Risk Jul 15, 2020 0 The European Union will recommend keeping its external borders shut to Americans and most other foreigners for at…
Business Dollar falls on rising euro, higher U.S. stocks Jul 15, 2020 0 The dollar fell in North American trade on Tuesday as the euro rose on optimism about the possibility of a European…
World Coronavirus Hastens the Rise of the Cashless Economy Jul 15, 2020 0 Cashless transactions have spiked as company policies and consumer habits shift. But protections for people without…
Local Nigeria’s NNPC Fired 850 Workers, Many From Refineries, Oil Union Says Jul 15, 2020 0 The Nigerian National Petroleum Corporation (NNPC) has fired 850 workers, many of them from refineries, amidst the…
Banking Bank Of England Debating Digital Currency Creation Jul 14, 2020 0 The Bank of England is reviewing whether it should create a central bank-backed digital currency, according to…
Banking Banks To Place Chronic Loan Defaulters On Watch List Jul 14, 2020 0 the Central Bank of Nigeria on Monday released the guidelines aimed at reducing non-performing loans in the banking…
Business Nigeria Earned $206bn From Oil In Five Years Jul 14, 2020 0 Nigeria, Africa’s top oil producer, generated $206.06bn in revenue from crude oil exports in the last five years,…
Business Nigeria, China Finalising Negotiations On N43.24bn Ibadan Port Jul 14, 2020 0 Negotiations between the Federal Government and China Railway Construction Corporation Limited for the construction…
Business South-East Traders Protest High Demurrages At Ports Jul 14, 2020 0 Traders under the aegis of South-East Amalgamated Markets Traders Association have protested high demurrage at…
Business Nigerians Believe Rising Inflation’ll Weaken Economy Jul 14, 2020 0 Many Nigerians believe that rising inflation will lead to a weaker economy, according to a survey by the Central…
Business Dollar Starts Week On Back Foot Ahead Of Data, Earnings Jul 14, 2020 0 The U.S. dollar edged down in Asian trade on Monday as investors looked to looming economic data from around the…
Business Sterling Eyes 200-Day Moving Average At $1.27 As Risk Sentiment Improves Jul 14, 2020 0 Sterling/dollar rose on Monday towards its 200-day moving average of $1.27, though it was last trading neutral at…
Local Forbes Rates University Of Lagos, Nigeria High In Producing Entrepreneurs Jul 14, 2020 0 The University of Lagos, UNILAG, has been acknowledged as the third most productive school in educating…
World WHO Worries As Covid-19 Cases Surpasses 13 Million World Wide Jul 14, 2020 0 COVID-19 cases rose above 13 million across the world on Monday, climbing by one million in just five days, with…
Local Nigerian President Buhari Approves New Boards For NLNG, BGT Jul 14, 2020 0 President Muhammadu Buhari has approved the newly reconstituted board of Nigeria Liquified Natural Gas(NLNG) and…
Banking Nigerian Banks To Debit Debtors’ Accounts Directly Jul 14, 2020 0 The Central Bank of Nigeria (CBN) has released guidelines on Global Standing Instruction (GSI) that would enable…
Business Nigeria: ABCON Calls For Suspension Of Taxes, Tariff Hike Jul 13, 2020 0 Association of Bureaux De Change Operators of Nigeria (ABCON), has called on the Federal Government to suspend all…
Africa South African Rand Firms As Dollar Wobble Lifts Emerging Currencies Jul 13, 2020 0 South Africa’s rand firmed early on Monday, helped by increased risk appetite as investors bet again on a global…
Business Nigerians Fight For Economic Balance As Recession Beckons Jul 13, 2020 0 The months ahead may be more daunting for the real sector as government’s debt-funding plans at higher costs…
Business Experts Warn Against Impact Of Naira Devaluation On 2020 Budget Jul 13, 2020 0 Economic experts have expressed concerns about the recent devaluation of the Naira by the Central Bank of Nigeria…
Business Current Economic Realities Necessitated Naira Devaluation Jul 13, 2020 0 Dipping oil prices, COVID-19, increasing debt, high poverty and unemployment have been identified as factors that…
Local Flight Operations Restart In Kano Airport Amid Low Passengers Jul 13, 2020 0 Domestic flight operations has resumed at Mallam Aminu Kano International Airport (MAKIA), Kano amidst strict…
Business Naira To Depreciate Further In Parallel Market Jul 13, 2020 0 The sharp depreciation of the naira in the parallel market is set to continue this week with the exchange rate …
Local FG Threatens To Review Air Agreements With UK, Others Over ‘Unacceptable Treatment… Jul 13, 2020 0 The federal government Sunday said it would review its Air agreements with various countries as a result of the…
Business Navigating Nigeria’s Foreign-Exchange Maze On Path To Fair Value Jul 13, 2020 0 Nigeria, under pressure from multilateral lenders, has vowed to untangle its Byzantine foreign-exchange regime that…
Africa 29 Nigerians Stranded In Lebanon Successfully Evacuated Jul 13, 2020 0 29 Nigerians who were initially stranded in Lebanon have been successfully evacuated to the country. The…
Business Currency Controls Boosting Black Market Patronage, Say Dealers Jul 13, 2020 0 Financial Market Dealers have said the implementation of currency control, making it difficult for certain sectors…