NEPZA Mulls Export Accelerator Programme For SMEs
The Managing Director/Chief Executive, Nigeria Export Processing Zones Authority (NEPZA), Prof. Adesoji Adesugba,…
Forex Scarcity, Repatriation Uncertainties Depress Investments In Q1 –…
ECONOMY Investment analysts have blamed foreign exchange (forex) scarcity and concerns around the possibility of…
Nigerian Govt Extends NIN-SIM Registration Till June 30
Nigerian government has extended the ongoing national identification number (NIN) and subscriber identity module…
AfCFTA: Nigeria Will Emerge Most Resilient Economy In Africa – Experts
Trade facilitation stakeholders in Nigeria are optimistic that the African Continental Free Trade Area (AfCFTA)…
Sterling Bulls Squeezed – Bank Of England Pivotal
A 1% slide in sterling led Friday's month-end shakeout of short dollar positions, turning positive GBP technical…
British Parents Cut Pocket Money For Children During Pandemic
British kids are receiving less pocket money this year than last as parents have tightened their belts through the…
NNPC Sells N267 Billion Crude Oil, Maintains 1.42 Million BPD Output
The Nigerian National Petroleum Corporation (NNPC) sold crude oil worth N267.59 billion in February, while its…
Banks Are Still Sound But … – CBN
A recent review of the status of Nigeria’s banking industry at the backdrop of the adverse impact of COVID-19 on…
Pandemic Offers Africa A Chance To Boost Sukuk Sales
The financing required to rebuild economies in African nations following the coronavirus pandemic gives the…
Nigerian Traders In Ghana Seek End To Harrassment
Nigerian traders in Ghana have urged the Federal Government to take urgent steps to stop the harassment…
Nigeria, Others Free To Take More Loans, Says IMF
Nigeria and other emerging markets whose economies were hit by Coronavirus (COVID-19) should take more loans to…
PenCom Orders Recap, Raises PFAs Shareholders Fund To N5b
The National Pension Commission (PenCom) has ordered recapitali-sation in the pension industry, The Nation has…
Airtel Africa Appoints Olusegun Ogunsanya As CEO
Airtel Africa Plc has announced the appointment of the Managing Director and Chief Executive Officer of Airtel…
CBN Sacks All First Bank Directors (See Governor Godwin Emefiele’s Statement)
The Central Bank of Nigeria (CBN) has sacked all the board members of First Bank Nigeria Ltd and First Bank of…
First Bank: The N75bn Otudeko Loan Crisis
Facts are emerging on the board room crisis that precipitated the sack of Adesola Kazeem Adeduntan as the…
NNPC Writes Accountant-General Over N111billion Shortfall In Oil Revenue, Says No…
The NNPC would therefore not be contributing to the FAAC for April and May which will in turn affect the revenue to…
Nigerians Spending N190bn On American Education In 2020 Is Indicting – ASUU,…
The Academic Staff Union of Universities, ASUU, and the Nigeria Union of Teachers, NUT, have said the revelation by…
BLS International Seals Biometric Services Deal For Nigerians Living In UK
A partnership deal has been struck between outsourcing service provider BLS International and data and…
Nigeria Records 1.6m Grams Of Gold Production In 5 Years – Minister
Dr Uchechukwu Ogah, Minister of State, Ministry of Mines and Steel Development (MMSD) says the ministry recorded…
Nigerian Central Bank Warns Staff Of Increasing Risk Of Kidnap
Nigeria’s central bank warned its employees to take extra precautions against kidnappings because of deteriorating…
The Two Big Themes In The Crypto Market Right Now
For all the hype about Bitcoin these days, its momentum has actually quieted down a little bit lately. After almost…
Weaponizing Dollar Risks Echo Of Sterling’s Decline, Study Says
U.S. officials leveraging the dollar’s dominance as a reserve currency to wield influence should heed the lessons…
Reps Give Immigration 72 Hours To Clear Backlog Of Passport Booklets
At the plenary session on Thursday, the green chamber also asked the federal ministry of interior to review its…
Gold Gains As Dollar Slips After Dovish Fed
Gold prices rose on Thursday as the dollar weakened after the U.S. Federal Reserve decided to keep interest rates…
Nigerian President Asks For U.S. Support To Tackle Insecurity
Nigerian President Muhammadu Buhari asked the U.S. to support Africa’s efforts in tackling growing insecurity in…
WEEKAHEAD-AFRICA-FX-Kenyan, Nigerian Currencies Seen Range-Bound
Kenya’s and Nigeria’s currencies are expected to trade within existing ranges in the coming week, analysts and…
Worsening Insecurity To Trigger Higher Inflation, Poverty, Says LCCI
The Lagos Chamber of Commerce and Industry (LCCI) has raised concerns about the worsening security situation in the…
Dollar Left Defenseless By Dovish Fed, Euro Muscles Higher
The dollar was on the defensive near nine-week lows on Thursday as a decidedly dovish outlook from the U.S. Federal…
FG Declares Monday Public Holiday
Minister of Interior, Rauf Aregbesola, made the declaration in a statement signed by the Permanent Secretary of the…
Turkey’s Central Banker To Weigh Up Inflation After Lira Slump
Turkey’s new central bank Governor Sahap Kavcioglu is expected to raise inflation forecasts on Thursday after his…