Sylva: Like Diesel And Kerosene, Nigerians Will Get Used To Petrol Deregulation
Timipre Sylva, the minister of state for petroleum resources, says Nigerians will get used to the deregulation of…
Canadian Dollar Rallies After Positive COVID-19 Vaccine News
The Canadian dollar strengthened against its U.S. counterpart on Monday as positive results from a COVID-19 vaccine…
Whatsapp To Provide Peer-To-Peer Payments Services In Brazil Soon: Central Bank…
Whatsapp, the messaging service of Facebook Inc will soon enter the Brazilian market providing peer-to-peer (P2P)…
Nigeria: Recent Violence Has Set Lagos Economy Back By Tens Of Billions Of Naira –…
Lagos State Governor, Babajide Sanwo-Olu, is concerned about the impact of the destruction of government and…
Nigeria Oil & Gas Market – Growth, Trends, And Forecasts (2020 –…
The Nigeria oil and gas market is expected to grow at a CAGR of less than 5% during the forecast period of 2020 -…
OPEC+ Weighs Further Steps To Support Market, Sees Weaker Compliance
OPEC and its allies discussed weaker compliance with pledged oil output cuts on Monday and weighed further action…
Nigeria Plans To Start A Bridge Bank To Aid Struggling Lenders
Nigeria plans to start a fund that will operate a bridge bank to nurse struggling lenders back to health.
The…
Nigerian Investors Tipped To Ignore Signs Stocks Are Overheating
Technical charts studied by some analysts to predict market moves suggest the world-beating rally in Nigerian…
UK Sets 2022 Date For New Financial Regulation Regimes
British authorities said on Monday they planned to implement new financial regulation regimes on Jan. 1 2022.…
Nigeria: SEPLAT, NNPC To Build Gas Plant In Imo
SEPLAT Group has partnered with the Nigerian National Petroleum Corporation to site a multi-billion-naira gas plant…
Economist Canvasses Price War Against Imported Rice
An economist, Prof. AbdulGafar ljaya, has called for a price war against imported rice.
Ijaya, who teaches…
African Leaders Mount Effort To Mediate Ethiopia Conflict
African leaders attempted Monday to kickstart some kind of mediation in Ethiopia's escalating internal conflict,…
Nigerian Inflation Rate Rises On Surging Food Costs
Nigerian inflation quickened for a 14th straight month in October on rising food prices caused by border closures,…
Nigeria: Reps Summon NNPC Boss, Emefiele, Allege N3.2tn, Others Unremitted
The House of Representatives has summoned the Group Managing Director of the Nigerian National Petroleum…
Nigeria: Kaduna Dry Port Woos Chamber Of Commerce, MAN, Others
The Kaduna Inland Dry Port has begun to liaise with various segments of the organised private sector within its…
Finance Bill 2021: Stakeholders Engagement Begins
The Federal Ministry of Finance, Budget and National Planning has released the draft version of the 2020 Finance…
Analysts Allay Fears Of Nigeria’s Default As Eurobond Investors Fret
Analysts have allayed concerns about the likelihood of Nigeria defaulting on its Eurobond payments to investors…
Nigeria’s Inflation Hits 14.23% — A 30-Month High
Nigeria’s inflation rate has climbed to a 30-month high, as it rose further to 14.23 percent in October, the latest…
$500m Chinese Debt Sparks Confusion In Airport Concession
Federal Government’s plan to concession airports has run into difficulties over an existing debt and pact with…
Oil Tanker ‘Hijacking’: Probe Remains Ongoing, Say Police
A MARITIME ‘hijacking’ probe is ongoing.
Seven Nigerian men were previously bailed for allegedly hijacking the…
Dollar Steadies Amid Rising Global Coronavirus Cases
The dollar was hemmed into a narrow range on Monday, as traders weighed the economic impact from a resurgence of…
Gold And Monetary Policy
Today, Monday, November 16, South-South governors are scheduled to meet over the subject of Zamfara gold. Not too…
Oil Climbs Higher On China, Japan Rebound, Hopes Of OPEC+ Supply Curb
Oil prices climbed on Monday, recouping some losses from the previous session as hopes that OPEC+ will hold current…
CBN’s LDR Policy Buoys Lending To Real Sector
The Central Bank of Nigeria’s Loan to-Deposit-Ratio (LDR) initiative has through its 18 months of existence,…
Investment Market Trembles As Buhari Signs BOFIA 2020
With the signing of the Banking and Other Financial Institutions Act (BOFIA) (amendment) Bill 2020, the reality of…
Investors Stake N59bn On Shares As Market Extends Rally
Equities investors will for a long time remember the performance of the market last week as it gained N2.1 trillion…
Naira Exchanges At N470/$ In Parallel Market
The naira has continued to fall in the parallel market as it exchanged at N470 to a dollar at the weekend.
The…
China’s Factory Output Beats Forecasts As Asia Shakes Off COVID Slump
China’s factory output rose faster-than-expected in October and retail sales continued to recover albeit at a…
‘AfCFTA Will Open Up Neighbouring Markets For Nigeria’
The ratification of the African Continental Free Trade Agreement (AfCFTA) last week by the Federal Government is…
‘Nigeria May Face $20bn Loss In Export Revenue’
Nigeria and four other oil producers on the African continent could each be facing $20billion or more in lost…