As FG Woos Global Investors At GITEX 2020
This year’s Gulf Information Technology Exhibition (GITEX) event and conference, which held at the World Trade…
CBN Commits N200bn On 300,000 Social Housing Scheme
THE Central Bank of Nigeria, CBN, has committed N200 billion to kickstart the social housing projects, under the…
Lagos To Establish A Multi Million Naira Fish Centre
Lagos is set to launch a multi-million Aquaculture Centre of Excellence (L.A.C.E) to provide a major boost to the…
Nigeria’s Q3 Oil Exports Rise By 56% To N2.42tn
Nigeria more than doubled its crude oil exports in the third quarter of this year to N2.42tn after months of…
Banks Have Benefited From COVID-19 Fiscal, Monetary Policies – Okonkwo
Nnamdi Okonkwo, who retires as the Managing Director/Chief Executive Officer of Fidelity Bank, on December 31,…
Pound Sterling Set For An Explosive Monday Session Vs. Euro And Dollar
Pound Sterling is in for a potentially explosive session on Monday owing to a Sunday deadline for EU-UK Brexit…
Nigeria’s Buhari Disputes Lawmakers’ Power To Summon Him
A last minute change of heart by Nigerian President Muhammadu Buhari on answering an invitation by lawmakers…
Nigerian Military In Firefight With Gang Who Kidnapped Students
The Nigerian military had located and exchanged fire with gunmen who kidnapped scores of secondary school students…
Relieved Pound Jumps As Brexit Talks Go Beyond Deadline
The British pound gained a percent against the dollar and the euro in relief after Britain and the European Union…
Global Lenders Raise Pressure On Nigeria To Reform Currency
The International Monetary Fund and World Bank have intensified calls on Nigeria to speed up currency reforms…
Naira Appreciates To N394/$ At I&E Amid 180.6% Spike In FX Demand
The Naira appreciated by 0.15 per cent or 60 kobo against the US Dollar at the Investors and Exporters (I&E)…
Debut Sale Of Special Nigerian Bonds Disappoints Investors
Nigeria’s first issuance of special bills created to boost liquidity for the nation’s banks left investors…
Transport Owners Want Land Borders Reopened
The Public Transport Owners of Nigeria Association (PTONA) has appealed to the federal government to reopen the…
IMF Article IV: Nigeria’s Outlook Challenging, Forex Reforms Needed
The International Monetary Fund (IMF) yesterday returned a gloomy verdict on the Nigerian economy for 2020,…
Govt Halts Retrenchment Of 300 Arik Air StaffGovt Halts Retrenchment Of 300 Arik…
The Federal Government on Thursday said the over 100 per cent hike in domestic airfares was inevitable, describing…
Exporters Lament U.S Ban On Nigeria’s Catfish
Catfish exporters in Nigeria have lamented the ban on Nigeria’s processed catfish by the United State government,…
Nigeria Will Have 110m Poor People By End Of 2020
The former vice presidential candidate of the Peoples Democratic Party (PDP) in the 2019 general elections, Peter…
U.K. Banks Could Be Forced To Refund Fraud Victims: Telegraph
U.K. lenders would be forced to refund all victims of financial fraud if plans being proposed by an official…
Nigeria To Reopen Isolation Centers As Covid-19 Cases Surge
Nigeria is set to reopen Covid-19 isolation and treatment centers as the number cases jumped to the highest in more…
Lufthansa Awaits Clearance On P/H
European carrier, Lufhansa German Airlines yesterday said it was awaiting clearance from the Federal Government to…
Nigeria Central Bank Sold Dollars On Forward Market Above 400 Naira -Traders
Nigeria's central bank sold dollars on the forward market above 400 naira to foreign investors for 150-day…
Report: CBN Must Accelerate Interventions In 2021 To Boost Economy
A report by the SB Morgen (SBM) has predicted that the Central Bank of Nigeria (CBN) will increase its…
Factbox-Latest On Worldwide Spread Of The Coronavirus
Daily coronavirus deaths hit a record high in Portugal and Turkey, while U.S. officials prepared for the most…
ICC Prosecutor Seeks Full Investigation Into Nigerian Conflict
The prosecutor of the International Criminal Court on Friday said she would seek a full investigation into possible…
Economy Expected To Improve December – CBN Survey
A survey conducted by the Central Bank of Nigeria showed that respondents expected the economy to improve in…
Naira Will Become Powerful Again – Adeboye
The General Overseer of the Redeemed Christian Church of God, Pastor Enoch Adeboye, says the naira will regain its…
Canada Forecasts Show Fast Coronavirus Spread; Officials Urge New Restrictions
Longer-range forecasts project the second wave of the coronavirus spreading rapidly through Canada, and all the…
UK Cuts Self-Isolation Period To 10 Days For Domestic Contacts, International…
Britain said on Friday it would cut the self-isolation period for COVID-19 to 10 days from 14, in a change which…
Court Declares Stamp Duty Charges On Bank Deposits, Transfers Illegal
A federal high court in Asaba has declared the deduction of stamp duty charges by Nigerian banks as illegal.…
IMF Urges Nigeria To Reduce Debt Vulnerabilities
The International Monetary Fund has said it is important for Nigeria to ensure significant revenue mobilisation to…