Business Insulating Nigeria From Perennial Oil Price Volatility Jul 8, 2020 0 Price volatility is a constant feature of the oil market, exposing oil-dependent countries like Nigeria to regular…
Local Nigeria Restarts Domestic Flights Amid Easing Coronavirus Restrictions Jul 8, 2020 0 Nigeria resumed domestic flights on Wednesday after a hiatus of around three months as Africa’s most populous…
Banking Latest Nigerian Currency Devaluation Sows Confusion With Traders Jul 8, 2020 0 Naira devalued by 5.5% against dollar, according to FMDQ data. Nigeria is seeking to unify its multiple exchange…
Africa Ghana Reopens Over 600 Nigerian Shops Jul 8, 2020 0 The President of National Association of Nigerian Traders (NANTS), Dr. Ken Ukaoha, has said that over 600 shops…
Business Sterling Clings To Three-Week Highs Ahead Of British Budget Plan Jul 8, 2020 0 Sterling was steady at $1.2545 GBP=D3 and at 89.96 pence against the euro EURGBP=D3 on Wednesday, a day after…
Local Nigeria: Third Mainland Bridge: Fed, Lagos Govts Release 6 Months Traffic Plan Jul 8, 2020 0 The Federal and Lagos State Governments, yesterday, rolled out traffic management plans for seamless execution…
Business India’s Palm Oil Imports Climb To 5-Month High On Low Stockpiles Jul 8, 2020 0 Palm oil imports by India climbed to a five-month high in June as traders and refiners in the world’s…
Business Dollar Dips As Risk Sentiment Proves Elusive Jul 8, 2020 0 The dollar dipped slightly on Wednesday as investors weighed hopes for a swift economic recovery against fears…
Business Nigeria’s Naira Eases Sharply On Official Market After Pressure To Unify FX… Jul 8, 2020 0 Nigeria’s naira eased 5.5% on the official market on Tuesday, after the central bank sold dollars to lenders at a…
Business Nigeria: Speculators Remain In State Of Flux Jul 8, 2020 0 The naira depreciated against the dollar at the Investors and Exporters (I&E) window on Monday, closing at…
World Nigerians Drag China To Court, Seek U.S.$200 Billion Compensation Over COVID-19… Jul 8, 2020 0 Abuja — Twenty-five Nigerians from all walks of life have dragged the Peoples Republic of China before the Federal…
Business Vetiva Predicts Stability For Nigeria’s Naira In Near Term Jul 8, 2020 0 Analysts at Vetiva Research have predicted that despite the downside risks affecting the exchange rate, various…
World Germany Eyes Breakthrough In EU Migration Dispute This Year Jul 8, 2020 0 Germany said on Tuesday it wants European Union nations to overcome a deadlock on how to handle refugees and…
Features U.S. To Expel International Students If… Jul 8, 2020 0 International students who are pursuing degrees in the United States will have to leave the country or risk…
Local Nigeria: Meals Will No Longer Be Served On Local Flights Jul 8, 2020 0 The Minister of Aviation, Hadi Sirika, has said that food will no longer be served on domestic flights when…
Business Traders Stay Away From Forex Market Over Naira Devaluation Jul 8, 2020 0 As the Central Bank of Nigeria rejigs the forex market as a prelude to rate unification and further devaluation of…
Business CBN Debits Banks N122bn, Moves To Unify Exchange Rates Jul 7, 2020 0 The Central Bank of Nigeria debited N122bn ($338m) from banks’ excess cash with the apex bank before weakening the…
World UK House Prices Fall For Longest Period Since 2010 – Halifax Jul 7, 2020 0 British house prices fell for a fourth month in a row in June as COVID-19 continued to depress the market, the…
Business Risk-On Move Dents Dollar; Yuan Notches Best Day Since December Jul 7, 2020 0 The yuan on Monday recorded its best day against the dollar since December as investors lapped up risky assets on…
Business Nigeria: CBN Bows To Pressure, Devalues Naira Again Jul 7, 2020 0 • ‘Timing coincidental, nothing to do with IMF, World Bank’ • Economists advocate currency, lifestyle audit •…
Business Dollar Regains Footing As Investors Eye Lockdown Risks Jul 7, 2020 0 The dollar found some traction on Tuesday, as risks from rising coronavirus cases offset strong economic data and…
Local Nigeria: Buhari Bars VIPs’ Aides From Airport Terminals Jul 7, 2020 0 The President, Major General Muhammadu Buhari (retd.), has given an approval to the Federal Ministry of Aviation to…
Local We May Propose Fresh Lockdown After Two Weeks, Says Task Force Jul 7, 2020 0 The Presidential Task Force on COVID-19 on Monday lamented the increasing rate of COVID-19 cases among people in…
Local Nigeria: FG Constitutes COVID-19 Protocols Enforcement Team Jul 7, 2020 0 The Federal Government on Monday said it had positioned enforcement teams within and outside airport terminals to…
World Sterling Near Three-Week Highs Before Government Releases Spending Plans Jul 7, 2020 0 Sterling held near a three-week high against the dollar and gained against the euro on Tuesday as investors waited…
Local Nigeria’s Inflation’ll Average 12.2% In 2020, Says PwC Jul 7, 2020 0 PwC Nigeria has said the headline inflation in Nigeria will average 12.2 per cent in 2020, compared to 11.4 per…
Local Nigeria: EFCC Chair Magu Detained Jul 7, 2020 0 FOR hours on Monday, Acting Chairman of the Economic and Financial Crimes Commission (EFCC) Ibrahim Magu testified…
Local Nigeria: ‘There’s No Free Dollar In Edo’ – PDP Taunts Ganduje Jul 7, 2020 0 The Peoples Democratic Party (PDP) has taunted Abdullahi Ganduje, governor of Kano state, over the jibe he threw at…
Africa Border Closure: 3m Jobs Lost As Tough Times Hit Communities Jul 7, 2020 0 Barely 10 months after closing Nigeria’s land borders over alleged security breaches and abuse of international…
Local Nigeria: Buhari Must Ask Magu To Step Aside Now For Investigation Jul 7, 2020 0 The Peoples Democratic Party (PDP) has asked the President Muhammadu Buhari-led administration to show the…