Stock Market Loses N113bn As Investor Confidence Dampens
The stock market lost N113 billion yesterday as investors’ appetite, which has been high for days became dampened…
5,000bpd Imo Modular Refinery Ready For Operations – DPR
The 5,000 barrels per day Waltersmith Modular Refinery project in Imo State is ready for operations, the Department…
Hoodlums Take Over Lagos, Torch Public, Private Assets
Despite the 24-hour curfew imposed by the Lagos State Governor, Mr. Babajide-Sanwo-Olu, to curb the spread of…
Nigerian Military Offered Wednesday To Deploy In Lagos If Needed – Governor
The Nigerian military offered on Wednesday to deploy in Lagos state if needed amid protests, the governor said on…
Delta Imposes 48hrs Curfew, To Commence 6 Pm Today
The Delta State government has imposed a 48-hour curfew on the entire state commencing 6:00 p.m today, Thursday.…
AU Commission Condemns Killings During Nigeria Protests
Johannesburg - The AU Commission has condemned this week’s violence in Nigeria which has resulted in multiple…
Lagos May Ease Curfew Friday – Sanwo-Olu
Lagos State Governor, Babajide Sanwo-Olu, has said the 24-hour curfew imposed on the state to curtail the arson and…
Race Against Economic Inequality In Emerging Markets
One of the great challenges of the 21st Century is the need to reduce poverty levels and economic inequality…
Oil Falls After Report Shows Surprise U.S. Crude Stockpile Gain ğ5g
Oil dropped after an industry report pointed to a surprise increase in American crude stockpiles, countering…
New Export Deal To Boost Non-Oil Earnings
A Nigerian firm, Free on Board (FOB) Global Logistics, has secured a purchase order to supply 30 tonnes of yam,…
CBN Reads The Riot Act To Shipping Companies
The Central Bank of Nigeria (CBN), has flayed the non-compliance of shipping lines to the directive by the Federal…
The EU Makes Market History With Record Demand For Its ‘Social’ Bonds
LONDON —The European Union has made a historic debut on the bond markets as it looks to fund the region’s recovery…
Dollar Broadly Weaker As Traders Await U.S. Stimulus Breakthrough
The dollar extended its losses against a basket of currencies to hit a seven-week low on Wednesday after U.S.…
Nigerians Kick As Govt Makes Move To Apply For $11bn Loan To Construct…
Nigerians have condemned the move as announced by Minister of Transportation, Chibuike Amaechi, Tuesday, that the…
Bank To Commence BVN Registration For 774,000 SPW Jobs
Heritage Bank Plc has said it is set to commence the account opening with Bank Verification Numbers for the…
The Nation Newspaper Head Office On Fire
The development comes hours after the head office of Television Continental (TVC) was torched.
Bola Tinubu,…
Clearing Agents Fret Over Non-Refund Of Rent Waivers
Seven months after the Federal Government directed waivers on rent at the seaports due to the effects of COVID-19…
NDIC: Rising Public Debt, Bad Loans Threat To Financial Stability
The Managing Director/Chief Executive, Nigeria Deposit Insurance Corporation (NDIC), Alhaji Umaru Ibrahim has said…
Lagos Suspends State Activities For 3 Days Over #EndSARS
n view of the current situation in Lagos State and the nation at the moment, Governor Babajide Sanwo-Olu has…
Sterling Jumps 1.7% As Brexit Talks Resume
Sterling soared on Wednesday to a six-week high and 1.7% on the day against the U.S. dollar after a Bloomberg…
Sunak Says Of Soaring Borrowing: Things Could Have Been Far Worse
After statistics showed state borrowing had soared while tax receipts had fallen, British finance minister Rishi…
Dollar Down, Trump Willing To Go Bigger On Stimulus Than Democrats
Investing.com – The dollar was down on Wednesday morning in Asia over continued optimism over the U.S. Congress…
New Terminal To Offload 5,000 Containers From Apapa, Ease Congestion
There appears a sigh of relief for importers from the traffic gridlock experienced on the Apapa and Tin Can Island…
Nigerian Protesters Defy Curfew After Deadly Crackdown
Hundreds of young Nigerians defied a lockdown and returned to the streets of Lagos, Africa’s most populous city, a…
FG Excludes Foreign Firms From Contracts Below N5bn
The Federal Government on Tuesday declared that contracts not above N5bn would no longer be awarded to any foreign…
House Gives CBN Deadline To Unfreeze Over 5,000 Accounts
The House of Representatives has called on the Central Bank of Nigeria (CBN) to review its decisions that led to…
Nigeria President Calls For Calm Amid Reports Of Protesters Shot Dead In Lagos
Demonstrators against police brutality reportedly killed after security forces opened fire
BY Emmanuel…
Nigeria Sovereign Eurobonds Fall After Soldiers Fire On Protesters
Nigeria sovereign Eurobonds fell more than 2 cents on the dollar on Wednesday after soldiers fired at protesters a…
Oil Price Rises To $43
Oil gained more than one per cent on Tuesday on the prospect the United States nearing a deal on coronavirus…
Nigeria Pays Oil Majors $3 Billion For Past Operational Dues
Nigeria reimbursed oil companies including Exxon Mobil Corp. and Royal Dutch Shell Plc $3 billion, moving closer to…