Oil Accounted For 88% US Imports From Nigeria In 2019’
The Congressional Research Service (CRS), a non-partisan group which provides legislative research and analysis for…
Nigeria And Digital Banking
I often wonder about the wind of change that is sweeping across the Nigerian banking industry, especially the…
Forex Inflow To Domiciliary Accounts Falls 69% In Q2
Foreign exchange (forex) inflow to domiciliary accounts fell by 69 percent, quarter-on-quarter (q/q) in the second…
Igeria Generated N424.71bn VAT In Q3 —NBS
The National Bureau of Statistics on Monday said the sectoral distribution of Value Added Tax data for the third…
Soldiers Detained For Flogging Lady Over ‘Indecent’ Dressing, Shaving Youths
The Oyo State security outfit, Operation Burst, said on Monday that it had arrested some of its personnel for…
Local Rice Supply Threatened After Massive Looting Of Warehouses
Following the looting and destruction of warehouses across the country, including rice mills, Rice Millers…
FX Markets To Remain Net Short U.S. Dollar After Election – Reuters Poll
Bets against the U.S. dollar were expected to linger or even increase in the immediate aftermath of the Nov. 3…
Why Scots Should Pay Attention To What’s Happening In Nigeria – Ayeni…
It’s a rich, complex history that one piece cannot do justice to. But I’ll attempt to provide an introduction that…
The Case For A Nigerian-Born Woman To Lead The World Trade Organization
THE TARIFF WARS OF U.S. President Donald Trump' administration have garnered enormous press coverage over the past…
CBN Lists Business Activities Eligible For N75 Billion Youth Investment Fund
The Central Bank of Nigeria (CBN) has revealed main business activities and sectors in the Nigerian economy that…
Immigration Prevents #EndSARS Promoter From Travelling
The Nigeria Immigration Service on Monday prevented a promoter of the #EndSARS movement, Modupe Odele, from…
Nigeria Mobile Money Revolution Delayed By Scarcity Of Licences
In late 2018, Nigeria stated it could permit non-financial corporations to use for cellular banking licences — a…
U.S. Dollar Hovers In Calm Before Election; Aussie Slips On RBA Cut
The U.S. dollar hovered just below a one-month high on Tuesday, as investors opted for caution in the hours ahead…
Nigerian Minister Says It’s Unclear Who Shot Protesters In Lagos
“Hoodlums” wearing military uniforms may have shot Nigerian protesters campaigning against police brutality and it…
Travel Agent In Court For Alleged N1.7m Visa Fraud
A 35-year-old travel agent, Alao Ganiyu, on Monday appeared in a Chief Magistrates’ Court in Kaduna for allegedly…
What CBN Says Concerning The N75bn Youth Investment Fund
The Central Bank of Nigeria (CBN) has released the framework for NIRSAL Microfinance Bank (NMFB) to commence the…
Dollar Tilts Towards Biden Win Heading Into U.S. Election
Foreign exchange markets in Europe tilted on Tuesday towards pricing a victory for U.S. Democratic candidate Joe…
Nigeria Can Earn $1bn From Leather By 2025 — NEPC
The Nigeria Export Promotion Council (NEPC) has said that the leather industry could generate $1bilion for Nigeria…
Investors’ Interest Growing In Nigeria’s Gold Value Chain — PAGMI
In this April 16, 2020, file photo, a customer puts gold bars on basket for sell to a gold shop in Bangkok,…
Biden Win Could Cause A Huge New Oil Glut
As if the oil market needed another uncertainty in the year of the pandemic, a Joe Biden win at next week's U.S.…
Capital Market Halts Gain With N26bn Loss
The Nigerian equity market on Monday closed the market in the red as investors began to take profits to increase…
Fear Dominates The Lives Of Nigerians: The Consequences Are Dire
Is Nigeria a failed state? Former president and would-be elder statesman Olusegun Obasanjo seems to think so… well,…
Nigerian Insurers Face Record Claims As Protest Costs Mount
Nigerian insurers are facing their biggest claims on record after protests against police brutality turned violent,…
Oil Marketers: Stalled PIB Hampered Investment In Downstream Assets Digitalisation
Marketers of petroleum products in the country have continued to highlight the negative impact of the long delay in…
Sterling Calm Vs Euro, Overnight Implied Volatility Soars To Highest Since March
Trading in the British pound was relatively calm on Tuesday as the currency stayed neutral against the euro and…
‘Deregulation Will Reduce Corruption In Oil Industry’
Members of the Major Oil Marketers Association of Nigeria (MOMAN) , a group comprising 11 Plc, Conoil Plc, Forte…
Nigerian Currency Gains 37 Kobo At Investors’ Window, Sells At N385.63/$1
The Naira came out stronger against the US Dollar at the Investors and Exporters (I&E) window of the foreign…
Biden Leads Trump In National Polls, But Key States Tighten On Election Eve
Former Vice President Joe Biden’s consistent polling lead over President Donald Trump is showing signs of narrowing…
European Markets Close Higher On Upbeat Manufacturing Data; Ocado Up 8%
LONDON — European stocks closed higher on Monday as promising manufacturing data out of the euro zone and China…
Oil Reverses Steep Loss To Gain Nearly 3% Despite Rising Covid-19 Cases
Oil prices gained more than 2% Monday, shaking off earlier losses, as the United States heads into a contentious…