Bank Of England Preview: Will The BoE Taper QE?
GBP 895bln. As such, given the significant improvement in the UK outlook amid a successful vaccination program and…
Inflation, Interest Rates, And The CBN’s Quest To Defend The Naira
A higher debt burden has meant more pressure on an already tenuous government revenue-to-debt service ratio in the…
Facebook Relaunches WhatsApp Money Transfers In Brazil
Facebook's (FB.O) WhatsApp messaging service relaunched on Tuesday its transfer money services between individuals…
Sterling Steady As Markets Eye ‘Super Thursday’ Status Quo
Sterling ticked up against the dollar on Wednesday as a poll showed Scotland’s main pro-independence party was…
High-Level Visit To Nigeria Signals Strength And Importance To UK-Nigeria…
The UK’s Minister for Africa, James Duddridge MP, visited Nigeria for high-level discussions with senior members of…
Hong Kong Citizens Rush To Buy London Houses After UK Government Opens Doors
The number of people from Hong Kong purchasing homes in the capital has shot up since the UK government announced a…
Nigeria’s Spending Structure Unsustainable, Budget Head Says
Nigeria’s current trend of spending more money on running the government than on building new infrastructure is…
MBA Forex Is Illegal, We Warned Nigerians – SEC
The Securities and Exchange Commission has said it warned Nigerians against investing in the now troubled MBA Forex…
West African Cocoa Giants Report Progress In Deforestation Fight
Cocoa giants Ivory Coast and Ghana reported progress in goals to end deforestation as they prepare for…
Dollar Struggles To Extend Rally, Traders Eye Major Euro Bulwark
The dollar tried to extend a rally on Wednesday as chatter about the possibility of higher U.S. interest rates and…
Nigeria Beams Searchlight On Vessels From India, Brazil, South Africa
To curtail the import of COVID-19 to Nigeria through the seaports, the Federal Government has begun plans to give…
KLT Customs Collects N7.9b Revenue
Kirikiri Lighter Terminal (KLT) Command of Nigeria Customs Service collected a total of N7,968,865,907 as revenue…
MPC Meeting: The Hawks Likely To Remain In The Minority
Although it left its benchmark rate of 11.50% and other parameters unchanged, the last meeting of the monetary…
U.K. To Offer Fast-Track Immigration For Oscar, Nobel Winners
The U.K. announced a fast-track immigration route for people who have won top awards including Nobel Prizes, Oscars…
Oil Drives Toward $70 As Sagging U.S. Stockpiles Aid Bull Bets
Oil extended a rally after U.S. stockpiles fell and reopening drives in the U.S. and Europe showed signs…
DMO Opens Two FG Bonds For Subscription
The Debt Management Office (DMO) has announced the opening of two Federal Government (FGN) savings bonds for…
Nigeria Loses $8.8tr To Capital Flight
The House of Representatives has urged the Federal Government to develop an effective mechanism and strategy to…
Expert Says Nigeria’s Economic Recovery Remains Weak
A financial service corporation, EFG Hermes has described Nigeria’s economic recovery process as fragile…
EMERGING MARKETS-Currencies Drop On U.S. Rate Hike Hints; India Debt Moves Boost…
Most emerging market currencies eased on Wednesday against a stronger dollar as hints of the potential for higher…
Low Refining In Africa Triggers Spike In Regional Fuel Imports
Low output from refineries in many African countries continues to raise importation of fuel, despite a projection…
Dogecoin Fulfills ‘Doge Day’ Goal Of 69 Cents Weeks Later, Surpasses…
The joke cryptocurrency Dogecoin (DOGE) touched a fresh all-time high in the early hours of Wednesday,…
CBN: South-East Unwilling To Access Credit Facilities
The Central Bank of Nigeria (CBN) has expressed worry over the show of indifference by those in the South-east in…
Nigeria’s Herder-Farmer Conflict Could Escalate If NLTP Fails – ICG
Nigeria’s herder-farmer conflict could escalate to wider violence if federal and state governments fail to…
Federal Government’s Decision To Devalue Naira Huge Mistake – Thompson
AS Nigerians continue to grapple with harsh economic realities, the Chairman and Chief Executive Officer, CEO, Safe…
Diaspora Remittances: ‘Naira For Dollar Scheme’ To The Rescue
The Central Bank of Nigeria’s (CBN’s) ‘Naira for Dollar Scheme’, aimed at promoting diaspora remittances will be…
Meet The Nigerian Running To Be Mayor Of London, Nims Obunge
This Thursday 6 May, Londoners will head to the polls to elect a mayor. In the ranks of the hopefuls is Nims…
At I&E, Nigerian Currency Trades N411/$1 After N1 Loss
It was a bad day for the Nigerian currency at the Investors and Exporters segment of the foreign exchange…
MTN Nigeria Issues 100 Bln Naira Bond – CFO
MTN Nigeria (MTNN.LG)has issued a 100 billion naira ($263 mln) fixed rate bond in the first quarter of 2021, due in…
Pound Sterling May Outlook: Bank Of England ‘Taper’ Decision To Set…
The British Pound has flatlined against the Euro as the end of the month approaches while continuing to churn…
Industrialists Charge CBN To Review Repatriation Of Export Proceeds Policy
Industrialists across the country, under the auspices of the Lagos Chamber of Commerce and Industry (LCCI) have…