Nigeria: 60 Years Of Independence, But Not From Oil
As Nigeria prepares to celebrate 60 years of independence on October 1, many say there isn't much cause for cheer.…
Update1-Nigeria’s Cabinet Proposes 3% Economic Growth Target For 2021 Budget…
Nigeria’s cabinet proposed on Wednesday a 3% economic growth target and an 11.95% inflation target for its 2021…
Subsidy Removal Good For Private Refineries – Govt
The Federal Government has said the removal of fuel subsidy, which led to the recent hike in the pump price of…
Include Kano Airport Certification In 2021 Budget, Reps Tell FAAN
The House of Representatives has mandated the Federal Airports Authority of Nigeria and the Nigerian Civil Aviation…
Sterling Falls After Brexit Bill Opposed By EU Passes UK Parliament
Sterling fell on Wednesday after Britain’s lower house of parliament approved legislation on Tuesday that gives…
In Defense Of BDCs
Bureaux De Change operators in the country have continued to support Nigeria’s growth agenda and the Central Bank…
Fitch Revises Nigeria’s Outlook To Stable, Affirms At ‘B’
Fitch Ratings has revised the Outlook on Nigeria's Long-Term Foreign-Currency Issuer Default Rating (IDR) to Stable…
FG Lifts Ban On Emirates Airlines
The Federal Government has lifted the ban stopping Emirates Airlines from operating in Nigeria.
The Minister of…
NBS Begins National Economic Census After 20 Years
The National Bureau of Statistics (NBS) will begin a national economic census across the country from October 12.…
Nigeria Launches Commercial Operation Of Chinese-Built Railway
The Nigerian government on Tuesday launched the commercial operation of the Itakpe-Ajaokuta-Warri railway, a line…
Baidu’s Voice Assistant And Smart Device Business Is Valued At $2.9 Billion After…
GUANGZHOU, China — Chinese internet giant Baidu has raised an undisclosed sum of money for its business division…
Nigerians Not Benefiting From US Duty-Free Export – NEPC
The Nigerian Export Promotion Council says only few Nigerian exporters have benefitted from the United States duty…
Nigeria’s Economy Faces $14bn Revenue Gap
THE low price of oil and Nigeria’s over-dependence on the product, currently hovering at $40 per barrel, has…
Nigeria’s FX Reserves Swell By $200 Mln After Court Ruling
Nigeria’s central bank said on Tuesday its foreign reserves have grown by $200 million after a London court ordered…
Investors Gain N54bn As Stock Market Rises Further
The equity market sustained its positive outlook on Tuesday for the seventh trading session as the Nigerian Stock…
15-Minute Coronavirus Test Gets The Green Light In Europe
A test to detect Covid-19 that can be done at the point of care and gives results in 15 minutes has been given the…
UK GDP Collapsed Nearly 20% In Second Quarter In Historic COVID Hit
Britain suffered a record collapse in economic output in the second quarter of 2020 when COVID-19 lockdown measures…
Stockbrokers To Begin Trading On FMDQ
Arrangements are being concluded for the commencement of trading by stockbrokers on the FMDQ Securities Plc.…
NNPC To Grow Nigeria’s Gas Utilisation
The Nigerian National Petroleum Corporation, NNPC, on Tuesday, said it is focusing on growing the nation's domestic…
N700bn Recovered Through Whistleblowers In Four Years
Assets and cash worth more than N700bn have been recovered through the whistleblower policy of the Federal…
Democrats’ New $2.2 Trillion Bill Includes A Second Round Of $1,200 Stimulus…
From jobs to savings to retirement plans, the coronavirus pandemic has upended many Americans’ financial lives. And…
Pound Flattens Against Dollar After BOE’s Bailey Comments
Sterling erased earlier gains against the dollar on Tuesday after Bank of England Governor Andrew Bailey warned the…
GOP Pollster Sees Trump-Biden Debate As Embarrassing, Says It ‘Encouraged People…
Longtime Republican pollster Frank Luntz told CNBC on Wednesday that participants in his focus group were let…
Wonder Banks Bloom In Northern Nigeria: SEC Warns
EFCC and SEC officials after a meeting in Kano: warning about Wonder banks, Ponzi schemes
Wonder banks which…
Stocks Making The Biggest Moves In The Premarket: Disney, Micron, Dow Inc., GM…
Walt Disney (DIS) – Disney is cutting 28,000 jobs in its theme parks division, as the coronavirus impacts park…
CBN To Move Gender Financial Inclusion Gap From 8.5% To Zero In 2024
Nigeria’s Central Bank (CBN) is planning to move financial inclusion gender gap from 8.5 percent (based on 2018…
Factbox-Key Provisions In Nigeria’s Oil Overhaul Bill
Nigeria’s oil reform bill is now with the National Assembly. Due to the political alignment of the legislature with…
Companies Added Better Than Expected 749,000 Jobs Amid Jump In Construction,…
Companies added jobs at a faster-than-expected pace in September due in good part to a surge in manufacturing…
Illicit Transfers Hit N103tr In 15 Years
As admitted by President Muhammadu Buhari, Nigeria is struggling with illicit financial flows (IFF) as successive…