UK Visa Application Centre In Nigeria To Reopen Soon
The British high commission in Nigeria says work is ongoing to reopen visa application for intending travellers to the United…
Author: Ekemini
BA Moves Gatwick Flights To Heathrow
British Airways has announced that it would be switching many short-haul flights from its second-biggest base, Gatwick Airport, to Heathrow…
NSC Targets Full Digitalisation Of Nigerian Ports By 2021
The Nigerian Shippers’ Council (NSC) has announced that it is perfecting plans to ensure that cargo clearing processes and all…
Manufacturers Association Of Nigeria Commends CBN’s Forex Unification, Seeks Protection
The Manufacturers Association of Nigeria (MAN) has expressed its support for the recent move by the Central Bank of Nigeria…
Nigerian National Petroleum Commision Increases Gas Supply As Pipeline Vandalism Rises
The Nigerian National Petroleum Corporation on Thursday announced an increase of 19.14 per cent in the average daily natural gas…
Nigeria: New Dawn At NPA
Eromosele Abiodun writes on the significance of appointing Akin Ricketts into the board of the Nigerian Ports Authority Stakeholders in the…
International Energy Agency Raises 2020 Oil Demand Forecast But Warns COVID-19 Clouds Outlook
The International Energy Agency (IEA) bumped up its 2020 oil demand forecast on Friday but warned that the spread of…
No Going Back On Petrol Subsidy Removal – Federal Government Of Nigeria
The Minister of State for Petroleum Resources, Timipre Sylva, said on Thursday that the Federal Government had reached a conclusion…
Nigeria: ‘Many Factories May Shutdown Over Outstanding Forex Obligations’
With the Central Bank of Nigeria (CBN) adjusting the foreign exchange rates in a move to have a uniform rate…
Over 33% Of Air Travellers To Avoid Flights Over Infection Risk
At least three in every 10 air travellers have vowed not to fly anytime soon over possible coronavirus infection during…
Wall Street Is Pessimistic About The Dollar
The world’s biggest currency banks see the dollar edging lower toward year-end, a consensus that may only hold if rising coronavirus…
Nigeria’s Excess Crude Account Held $72.41 Million As Of July 7 – Finance Minister
Nigeria’s excess crude account held $72.41 million as of July 7, the country’s finance minister said on Thursday. Zainab Ahmed…
Oil Falls On Resurgence Of Virus Cases, Oversupply
Oil prices dropped on Friday and were headed for weekly declines as inventories rose and record-breaking new coronavirus cases in…
Forex: Naira Stable On Parallel Market
The naira stayed stable at N461/$1 on the parallel market yesterday, as traders appeared confused about whether the Central Bank…
Place Visitors From Lagos, Abuja On 14-Day Isolation, Wike Tells Rivers Residents
Governor Nyesom Wike of Rivers State has advised residents to be wary of persons coming from states with high coronavirus…
Mixed Reactions As CBN Moves To Unify Exchange Rate
Lagos — With moves by the monetary authorities to unify the Naira foreign exchange (forex) rates gaining traction, economic analysts…
Nigeria’s Confirmed Coronavirus Cases Pass 30,000 -NCDC
Nigeria’s confirmed coronavirus cases passed 30,000 on Wednesday, the country’s disease control centre said, as the virus spreads in Africa’s…
FG Explains Deregulation Of Oil Downstream Sector
The Minister of State for Petroleum Resources Chief Timipre Sylva says the deregulation of the downstream oil sector was to…
Africa’s CDC Urges More COVID-19 Tests, Masks, As Continent’s Cases Top 500,000
African countries urgently need to scale up coronavirus testing and the use of face masks, a regional disease control body…
China’s market euphoria trumps political risk in Hong Kong
Investors in China’s soaring stock market are increasingly turning to Hong Kong for bargains, egging on an investment boom on…
Brazil’s Bolsonaro Bets ‘Miraculous Cure’ For COVID-19 Can Save Brazil
Brazilian President Jair Bolsonaro has gone all in on hydroxychloroquine to help his coronavirus-ravaged country beat COVID-19. He has pushed his government to make the malaria drug widely available and encouraged Brazilians to take it, both to prevent the disease and to treat it.
Fed Officials Suggest U.S. Recovery May Be Stalling
Federal Reserve officials raised fresh doubts on Wednesday about the durability of the U.S. recovery, while new business surveys highlighted…
India Raises Concerns With U.S. Over New Rules For Foreign Students
India has conveyed its concerns to the United States about a new immigration order that could force a large number…
Harvard, MIT Seek Temporary Halt To Trump Administration Rule On International Students
Harvard University and Massachusetts Institute of Technology have asked a federal court to temporarily block a Trump administration rule that…
Nigeria: Aviation Authority Suspends Skypower Express, 14 Aircraft For Violations
Ahead of the resumption of commercial domestic flights on Wednesday (today), operators in the aviation sector have introduced various mechanisms…
Nigeria: NCAA Denies Aero, Azman Air Approval
Aero Contractors, Azman Air and Max Air Limited have failed to meet the Nigeria Civil Aviation Authority’s approval to resume…
African Economies Could Shrink 3.4% This Year, Rebound In 2021 -AfDB
Nigeria resumed domestic flights on Wednesday after a hiatus of around three months as Africa’s most populous country relaxes…
Nigerian Stocks Slip As Fears Rise Over Naira Devaluation
In the face of economic uncertainty, dollar scarcity and depressed Oil prices, the Central Bank of Nigeria (CBN) has devalued…
Nigeria: Oil Palm Waste As Money Spinner
In the past oil palm waste were discarded. Not any more as two entrepreneurs are using technology to put them to…
Insulating Nigeria From Perennial Oil Price Volatility
Price volatility is a constant feature of the oil market, exposing oil-dependent countries like Nigeria to regular economic crises when…