Nigeria: ‘FCT Will Demolish More Buildings’
THE Federal Capital Territory (FCT) Department of Development Control (DDC) said Abuja residents should be ready…
Interest In Euro As A Reserve Currency Growing – ESM CFO
Interest in the euro as a reserve currency is growing and the single currency is increasingly being viewed as an…
Profit Taking Shrinks Nigeria Bourse Into Red Zone As Investors Take Bearish…
Profit-taking in Nigeria’s domestic equities market saw investors maintain their bearish stance on Tuesday as…
$30b Fuels Import Outlay Present Energy Security Challenges
Industry stakeholders, yesterday, expressed concerns over the state of Nigeria’s petroleum downstream and of other…
FX May Be A Better Hedge Than Bonds In A Near-Zero World
Bonds aren’t quite the hedge against equity losses that they used to be, and that could have more and more…
Bitcoin Closes In On All-Time High As It Blasts Through $18K
Bitcoin’s price broke through $18,000 in what some experts are attributing to global events and bullish…
Four Key Risks Could Make 2021 The Toughest Year For Banks Since 2009, Says…
S&P Global Ratings warned that banks could face their toughest year since the aftermath of the global financial…
Opec+ Turns Down Nigeria’s Request To Review Quota
The Opec+ Joint Ministerial Monitoring Committee (JMMC) has declined an informal request from Nigeria to…
Nigerians Are Leading Global Asylum Claims To Canada Despite Covid-19’S Travel…
In February, data showed that, for the fifth year in a row, more Nigerians emigrated to Canada in 2019 than the…
Nigeria’s President Vows To Prevent Repeat Of Anti-Police Brutality Protests
Nigeria's president will do what it takes to prevent a repeat of demonstrations against police brutality last month…
Nigerian Oil Reform Bill To Pass ‘Within Six Months’ – House…
Nigeria’s House of Representatives will pass a long-delayed oil reform bill within six months, its speaker said on…
Nigeria: NIS Issues Travelling Documents To 7,874 Applicants In Edo
The Nigeria Immigration Service (NIS), Edo Command, said on Tuesday that it issued travelling documents to no fewer…
Nigeria Says Air France, KLM, Lufthansa To Resume Flights
Nigeria lifted a ban on flights to the West African country by Air France, KLM, Lufthansa and Qatar Airways…
Nigeria: Lagos Designs Eligibility Form For Businesses To Access N1Billion Seed…
The Lagos State Ministry of Tourism, Arts and Culture disclosed it has designed a palliative eligibility form, to…
George Clooney Speaks On Why He Gave 14 Of His Closest Friends $1m Each Via…
Hollywood actor, George Clooney has confirmed a longstanding rumor that he was able to give 14 of his closest…
Kohl’s Shares Rise On Earnings Beat, Retailer Promises Big Gains Ahead In…
Kohl’s shares rose more than 5% Tuesday, after Chief Executive Michelle Gass laid out the retailer’s plans to…
Amazon Sellers Fined For Price Gouging Hand Sanitizer Amid Coronavirus Pandemic
Three Amazon sellers have been fined by New York Attorney General Letitia James after they were discovered to be…
Walmart Sees Stockpiling Again As Covid Cases Rise—But This Time It’s Localized
Walmart CEO Doug McMillon said Tuesday that customers are loading up on items such as toilet paper again as…
SoftBank CEO Masayoshi Son Says He’s Hoarding Cash To Prepare For ‘Worst Case…
SoftBank CEO and founder Masayoshi Son said he aggressively sold assets this year to prepare for a “worst case…
Biden Picks For Senior White House Staff Include Loyalists, Rising Democratic…
WASHINGTON – President-elect Joe Biden on Tuesday announced his first slate of senior White House staff, choosing a…
Trump Lawyer Rudy Giuliani Joins Pa. Court Case Seeking To Deny Biden Victory…
President Donald Trump’s personal lawyer, Rudy Giuliani, on Tuesday was allowed to join a lawsuit seeking to stop…
Amazon Jumps Into The Pharmacy Business With Online Prescription Fulfillment, Free…
Amazon is entering the pharmacy business with a new offering called Amazon Pharmacy, allowing customers in the…
GOP Sen. Rob Portman: I Joined J&J’s Covid Vaccine Trial To Encourage People…
Sen. Rob Portman told CNBC on Tuesday that he’s participating in Johnson & Johnson’s Covid-19 vaccine clinical…
Dollar Nurses Losses Amid Worries About Second Coronavirus Wave, Biden Transition
The dollar nursed losses on Tuesday as a return of coronavirus restrictions in some U.S. states and worries about…
FG To Make Forex Available To Oil Marketers For Import To Drive Down Petrol Price
The Federal Government has announced plans to make the foreign exchange available to petroleum product marketers,…
Sterling Edges Higher As Traders Focus On Drawn-Out Brexit Talks
Sterling rose against a broadly weaker dollar and edged higher against the euro on Tuesday as traders awaited news…
Euro Climbs On Vaccine Optimism, Offshore Yuan Hits Highest Since June 2018
The euro rose against the dollar on Tuesday, helped by optimism over another coronavirus vaccine, while the Chinese…
Oil Prices Rise On Possible OPEC+ Supply Action, Vaccine Hopes
Oil prices edged up on Tuesday helped by expectations that OPEC and its allies would tighten supplies next year and…
Nigeria To Hold Summit To Woo Investors
The summit will discuss issues on Nigerians in Ghana and elsewhere, who are facing harsh conditions.
Nigeria is…
What African Central Banks May Do This Month With Interest Rates
Following aggressive interest rate cuts when coronavirus restrictions shut down output, African central bankers…