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Surge In UK Fraud Becomes A National Security Threat
A surge in fraud attacks on consumers since the pandemic has become a 'national security threat' for Britain…
Development Of Seaports Will Magnify Revenue Drive In Nigeria – NPA
The Nigerian Ports Authority (NPA), has stated that Nigeria’s maritime industry accounts for 70% of cargo trade in…
Federal Government Pens OPEC, Requesting Higher Oil Production Quota
Nigeria has now officially written the Organisation of Petroleum Exporting Countries (OPEC), requesting a higher…
Foreign Airlines Grow Their Interest In Nigeria As Travel Rebounds
The return of foreign airlines into the Nigerian airspace and arrival of new entrants show that foreign airlines…
CBN Urges Against Speculation, Manipulation Of Forex
The Central Bank of Nigeria has warned Nigerians to be wary of the activities of speculators who sought to…
Kia Nigeria Announce Launch Of Kia Seltos
Kia Nigeria has announced the launch of its sophisticated and…
Nigeria record $18.9 billion OTC FX Futures Contracts in 2020
OTC FX Futures (OTC FX Futures) are non-deliverable forwards or contracts where parties agree…
NLNG Describes Nigeria’s Cooking Gas Shortage, Price Hike
YET another indication of Nigerian health workers’ discontent with the increasingly inclement working climate in…
Dollar Near A Month High As Investors Concentrated On Evergrande Risks
The dollar held below a near one-month high on Wednesday as investors focused on two key risks -- a default by…
Three Nigeria Bank Generated N75.24 Trillion From Electronic Banking Transactions
With the adoption of digital banking channels and more customers migrating to electronic banking following Covid-19…
Dangote Cement Gets New Leadership
Dangote Cement Plc has appointed Mr. Philip Mathew its new deputy group managing director and chief executive…
DraftKings Makes $20 Billion Offer To Acquire U.K. Online Sports Betting Company
DraftKings is making a $20 billion offer to acquire U.K. online sports betting company Entain, The offer is…
Oil Climb By 1% As US Hurricane Aftermath Tightens Supply
Oil prices rose on Tuesday as analysts pointed to signs of U.S. supply tightness, ending days of losses as global…
Bitcoin Falls Below $40,000 Among Regulatory Drumbeat, Fed Risk
Bitcoin struggled for a third day, dropping briefly below $40,000 for the first time since August amid rising…
BP Oil Trader Pronounced To Be Fired Over Nigeria Bribe Concerns
BP Plc fired an ex-oil trader because he voiced concerns about bribes being paid in Nigeria to secure local…
AT&T CEO Says He Is Dissatisfied About Company’s Bran
AT&T CEO John Stankey said he’s unhappy with his company’s brand and plans to refresh the wireless carrier’s…
Merchants And Business Outlets Must Accept E-Naira As A Form Of Payment
The Central Bank of Nigeria says the e-naira which is set to be launched on October 1 is a legal tender equal to…
Imports Surge Pushes Trade Deficit Up By 158% In H1’21
A surge in imports has resulted in over 158 percent increase in Nigeria’s trade deficit year-on-year…
Troubled Naira, Untapped Remittances And Undefined Role Of BDCs
The die is cast. The official remittance market is in a battle for survival on all fronts. First, its old…
Federal Government Squanders Billions In Ports Revenue Over Stalled Boat Service…
The federal government is losing billions of naira in revenue over failure to engage service boat operations…
UK Government Cooperate With Stakeholders On Nigeria Start-Up Bill
The United Kingdom (UK) government, through its Africa Technology and Innovation Partnership (ATIP) programme and…
Customers Tricks Banks With Fake Visas, Tickets For Forex
The Central Bank of Nigeria has vowed to engage financial crime-fighting agencies to pursue fraudsters who have…
Immigration Overtake In Biden Economic Plan Dealt Setback
The Senate parliamentarian has blocked Democrats from including a plan to provide legal status to as many as 8…
U.K. Drops Its Market Edge As Pound Bulls Disappear
The U.K.’s supply-chain crisis, spiraling energy costs and limp economy are taking a toll on investor…
Federal Government Expects $2,300 GDP Per Capita By December
The Federal Government has said that it expects Nigeria’s Gross Domestic Product per capita to rise to…
Nigeria Introduced ‘Guardian Rules’ For Its $9.7 Billion Funds Management Industry
Nigeria has introduced custody rules for its 4 trillion naira ($9.7 billion) fund management industry to protect…
Central Bank Of Nigeria Disbursed N134.57 Billion To Agribusiness/Small and Medium…
With the aim of supporting MSMEs across the country, the CBN disbursed N134.57 billion to Agribusiness/Small and…
Nigerian Agricultural Insurance Corporation In Talk With Central Bank Of Nigeria…
The Nigerian Agricultural Insurance Corporation has said it is discussing with the Central Bank of Nigeria and…
Effort To Sell Forex To Legitimate Travelers Is Been Inundated With Fake Demands…
Eight weeks after the Central Bank of Nigeria stopped selling forex to Bureau De Change operators and asked…
South Africa’s Central Bank To Retain Rates At Record Low
South Africa's central bank will keep its repo rate on hold next week as inflation remains benign but raise rates…