IMF Seeks Unified Exchange Rate For Naira
THE International Monetary Fund (IMF) has urged the Central Bank of Nigeria (CBN) to get the country a unified…
Nigeria Weakens FX Rate For Exchange Bureaux To Ease Pressure On Naira
Nigeria's central bank has weakened the naira by 1.5% to 390 per dollar for exchange bureaux, in an attempt to ease…
Trump Says His Election Challenges Probably Won’t Make It To The Supreme Court
President Donald Trump acknowledged his vanishing path to overturning the results of the 2020 election in court on…
Stock Futures Fall As Wall Street Is Set To Wrap Up A Historic November
Stock futures dipped in overnight trading on Sunday as the market looks set to finish November with historically…
Fauci Says Christmas And New Year’s Restrictions Will Be Necessary Due To Holiday…
Dr. Anthony Fauci, the nation’s top infectious disease expert, said on Sunday that the U.S. is heading into a…
Biden Will Likely Require Walking Boot For Several Weeks After Fracturing Foot
President-elect Joe Biden will likely have to wear a walking boot for several weeks after suffering small fractures…
Nationwide Blackout In Nigeria As Electricity Grid Collapses
The Transmission Company of Nigeria (TCN) says the nation’s electricity grid on Sunday experienced multiple…
Things Are Looking Up For Oil, But Opec Can’t Uncross Its Fingers Just Yet
Despite good vaccine news and price rises, the cartel could still meet a few bumps in the road – some of them of…
Travel Agents In Mideast, Africa Say UAE Is Blocking Visas
DUBAI, United Arab Emirates (AP) — Travel agencies in countries across the Middle East and Africa say the United…
Five Greek Sailors Held Hostage In Nigeria
In good health are five Greek sailors whose ship was attacked by pirates in Nigeria.
The pirates took hostage of…
CBN Set To Screen Bank Workers For Competence
Bank workers are about to have their capabilities to work in the industry reviewed.
This means that only those…
China is more concerned by Biden than Trump, economist Jim O’Neill says
LONDON — Joe Biden’s presidency will be a bigger problem for the Chinese government than the nearly four years of…
Congress stalled on stimulus talks and time is running out as millions face a…
Millions of jobless Americans are likely eyeing ongoing negotiations in Congress around a new coronavirus relief…
Facebook’s Libra Crypto Gets Ready To Launch In January As A Single Coin
Facebook’s libra cryptocurrency is reportedly preparing to launch with a single cryptocurrency, a scaled-down…
CBN Devalues Naira, Fixes Dollar Sale At N392
The Central Bank of Nigeria (CBN) has devalued the Naira by N6 to Dollar.
This brings the Naira closer to the…
Biden’s lead increases in Wisconsin’s largest county after recount demanded by…
A recount in Wisconsin’s largest county demanded by Republican President Donald Trump’s election campaign ended…
Buhari To Roll Out Auto-Gas Scheme For Cars In December— Official
President Muhammadu Buhari will on December 1 roll out the auto-gas scheme in Abuja as the Federal Government moves…
Naira To Now Trade At N392/$
The Central Bank of Nigeria (CBN) has directed bureau de change operators in the country not to sell dollars higher…
Nigeria: Apapa Gridlock To Disappear Q1, 2021 — NSC
The Nigerian Shippers’ Council on Friday said that the Council has set machineries in motion to put an end to the…
Border Closure: Manufacturers Losing Market Share Daily
Manufacturers Association of Nigeria says its members are losing market share daily to other African countries due…
Naira Devalued, Now N390/$1 As Black Market (Wired) Hits N503/$1
Nairametrics can confirm that the exchange rate between the naira and dollar has depreciated to N390/$1.…
CBN Devalues Naira By N6 In Move To Unify Exchange Rates
The Central Bank of Nigeria (CBN) on Friday devalued the naira by N6 to dollar. The naira devaluation has brought…
Qatar Airways Touches Down For The First Time In Abuja
Qatar Airways is pleased to announce it will operate three weekly flights from Abuja, Nigeria via Lagos, becoming…
Nigeria Naira Hits Record Low On Futures Market For Five-Year Settlement
Nigeria's naira hit a record low of 600 to the dollar on the futures market for five-year settlement on Friday,…
Why Prices Of Food Items Have Increased In Nigeria
Prices of food items have skyrocketed by as much as 30 per cent in many parts of Nigeria in the last one year. This…
Diaspora Remittances: A Pathway For National Development
A pathway for national development depends on the recognition of how we entice, nurture and manage our second…
$35bn External Reserves Sufficient For Seven-Month Imports
The Governor of the Central Bank of Nigeria, Mr Godwin Emefiele, has said Nigeria’s external reserves, which…
Nigerian Supreme Court Upholds Oil Spill Award Against Shell
Nigeria’s Supreme Court dismissed an application by Royal Dutch Shell Plc’s local unit to review a $467-million…
Naira Appreciates To N390.25/$ At I&E FX Window
After being marred by heavy losses in the week, the exchange rate of the Naira against the United States Dollar got…
Nigeria’s Economy Set To Grow 2% In 2021 – Central Bank Governor
Nigeria's economy is set to grow by roughly 2% in 2021, its central bank governor said on Friday.
Africa's…