Dow Closes More Than 150 Points Lower As Wall Street Posts Its Worst One-Week…
Stocks fell on Friday, led by major tech shares, as Wall Street wrapped up a difficult week in which coronavirus…
Walmart Returns Firearms, Ammunition To U.S. Store Floors
Walmart said on Friday it has begun returning firearms and ammunitions to the floors of its U.S. stores a day after…
Buhari Welcomes International Partners To Spur Development
President Muhammadu Buhari has expressed the commitment of the government of Nigeria to work with an international…
U.S. Reports Record 88,521 New Covid Cases As Scientists Warn Of ‘Exponential…
The United States reported a record 88,521 new coronavirus cases on Thursday as the pandemic seeps into every area…
Nigeria Says 22 Police Killed, 205 Stations Damaged In Protests
Nigeria police said 205 stations were destroyed, 22 personnel killed and more injured during nationwide protests…
Euro Zone GDP Jumps More Than Expected In Third Quarter, October Prices Fall
The euro zone economy rebounded more than expected in the third quarter from its coronavirus-induced slump, but the…
Ghana Is Outshining Nigeria As Top FDI Destination In West Africa
An unpopular fact might have been commonly overlooked would be that population size is sometimes only just a…
West African Oil Fortunes Diverge Along With Europe And China
For a glimpse of the growing disparity in the oil market’s recovery, look at crude sales from West Africa.…
UK Govt Admits It Trained Nigeria’s Infamous SARS Police Unit Accused Of Extra…
The United Kingdom has acknowledged it provided training and equipment to a now-disbanded Nigerian law enforcement…
Euro Zone GDP Beats Forecasts For The Third Quarter, But New Lockdowns Threaten…
LONDON — The euro zone economy bounced back in the third quarter as the region profited from a summer period with…
Illegal Refineries Dismantled As Military Battles Crude Oil Thieves In N’Delta
More illegal refineries operating in the creeks of the Niger Delta have been dismantled as the military continues…
CBN Removes Restrictions On Refinancing Of Non-Member Mortgage Lenders By…
The Central Bank of Nigeria (CBN) has removed the restriction on refinancing of mortgages of non-member mortgage…
Air France-KLM Warns Of Bigger Losses Amid Lockdowns
Air France-KLM AIRF.PA unveiled a 1.05 billion-euro (952.19 million pounds) quarterly operating loss and warned of…
FOREX-Dollar Stabilises, Euro Near 4-Week Low After ECB’s Announcement
The dollar paused its climb on Friday, while the euro wallowed near its four-week low against the greenback after…
Dangote Delays London Listing, Shores Up Forex Earnings
Aliko Dangote, Africa’s richest person, has again delayed plans to list shares in his cement company on the London…
Will Nigerian Airlines Survive?
Chinedu Eze writes on the likely impact of the recent civil unrest in some states on Nigerian carriers which came…
Dollar Stabilises, Euro Near Four-Week Low After ECB’s Announcement
The dollar paused its climb on Friday, while the euro wallowed near its four-week low against the greenback after…
Nigeria Imported N2.78tn Manufactured Goods In Three Months –NBS
Nigeria imported manufactured goods worth N2.78tn while the total export component was N254.2bn between April and…
Customs Command Generates N15.7b In Nine Months
The Nigeria Customs Service, Kirikiri Lighter Terminal Command, has said that despite the effect of the Covid-19…
Fed Govt Pledges Support For SIFAX’s New Container Terminal
THE Federal Government has promised to support the vision of the newly-opened container terminal in Lagos by SIFAX…
Equities Rally N388b In Three Days
NIGERIAN equities has gained N388 billion so far this week as continuing bargain-hunting amid steady third quarter…
Rising Against Extortion At Airport
A Nigerian who recently arrived the country from the Nnamdi Azikiwe International Airport, Abuja has petitioned…
Sterling Pinned Near $1.29 As Investors Await Fresh Catalysts
Sterling traded in tight ranges on Friday, pinned near the $1.29 mark against the dollar as a lack of news around…
Surge In Use Of Algorithms May Hurt Quality Of FX Prices – BIS
The growing use of computer-run algorithms to trade currencies is helping foreign exchange markets function but…
Nigeria Immigration Warns Officers Against Extortion
The Nigeria Immigration Service (NIS) has warned personnel to avoid extortion and other acts capable of tarnishing…
Fresh Oil Doom For Nigeria As Lockdowns In Europe Crash Oil Prices
Oil prices crash below $40 as Europe imposes lockdown for virus
It was another oil doom for Nigeria Thursday…
Alphabet Stock Pops 8% As Company Crushes Expectations
Google parent company Alphabet’s stock rose more than 8% in after-hours trading as it crushed expectations for both…
European Stocks Close Lower As ECB Hints At Further Stimulus; Nokia Down 20%
LONDON — European markets closed slightly lower on Thursday after a choppy trading session, as investors digest new…
Gold Slips To 1-Month Low As Dollar Gains Upper Hand
Gold prices fell to a one-month low on Thursday, extending the previous session’s sharp slide as the dollar…
Oil Falls More Than 3%, On Track For Worst Week Since April
Oil prices fell more than 3% on Thursday, extending the previous day’s sharp decline on the potential impact…