Spain’s Banks Look To Make Lockdown Branch Closures Permanent
As Spain reopens after the COVID-19 crisis, its banking industry is seizing the opportunity to shrink its swollen…
Merkel Makes First Masked Appearance To Ward Off Criticism
German Chancellor Angela Merkel made her first public appearance wearing a mask on Friday after dismissing…
Eco Common Currency And Gulf Between
If it goes according to schedule, the currency of the West African Economic and Monetary Union (UEMOA) since 1945,…
Lockdown Ends In Nigeria’s Kano, Where Coronavirus Killed Hundreds
The Nigerian state of Kano ended its novel coronavirus lockdown on Thursday, the local ministry of health said,…
Beaches Beckon As England To End Quarantine For More Than 50 Countries
England’s coronavirus quarantine rules for more than 50 countries including Germany, France, Spain and Italy is to…
US Buys Nearly All stocks Of COVID-19 Drug Remdesivir
The United States Department of Health services has bought nearly all the supply of breakthrough COVID-19 drug…
How New Safety Protocol Changed Air Travel Dynamics
The coronavirus pandemic has changed the air travel dynamics. Air travellers, either on local or international…
Nigeria: ‘Domestic Debt Servicing Gulps N609.13b In Q1’
The Federal Government has spent N609.135 billion to service domestic debt in the first quarter of 2020.
The…
Naira Gains Against The Dollar Across Forex Markets As Liquidity Hits Record…
At the black market, the naira appreciated marginally by N1 to a dollar to close at N461 to a dollar.
Forex…
Fed Government Secures Release Of 36 Nigerians ‘Caught Entering Ghana Illegally’
The federal government says it secured the release of 36 Nigerians “caught entering Ghana illegally”.
But there…
Unlocking Nigeria’s Economic Possibilities Via Gas Infrastructure
With proven reserves now at 203.16 trillion cubic feet (tcf), natural gas is one of the hydrocarbons Nigeria has in…
Nigeria H2 2020 Outlook: Up In The Air
In January 2020, we estimated that better trade terms between the US and China, improved clarity on the…
Petrol Sold To Nigeria From Europe ‘Dirtier’ Than Black Market…
Black market fuel made from stolen oil in rudimentary “bush” refineries hidden deep in the creeks and…
Canada Resumes Visitor Visa And ETA Processing July 1
Canada is once again processing online applications for visitor visas and electronic travel authorizations as of…
‘In Nigeria Race Wasn’t A Thing. Kildare Was A Shocker’
When Tobi Omoteso moved to Kildare with his family he felt different for the first time in his life. The Nigerian…
UK New Money Transfer Rules You’ll Have To Follow From 30 June
Transferring money from your bank account to friends, family and other payees is going to change slightly from the…
Nigeria: Concerns Mount In Niger Delta Over Marginal Fields Bid Round
As the federal government opens the second bid round for marginal fields, Niger Delta stakeholders are…
Nigerian Banks’ Forex Shortage To Hit $5bn
Nigerian banks’ foreign currency funding gap will rise to $5bn over the current low oil prices, volatile foreign…
Boxer Trafficked As A Child Wins Right To Stay In The UK After 16 Years
A former England boxer who was trafficked from Nigeria as a child and forced into domestic servitude has won the…
Over 3,000 Nigerians Deported From U.S. In 15 Years For Crime
With a streak of stepped-up enforcement policy on immigration reduction for 15 years, the United States has…
172 Nigerians Evacuated From Uganda, Kenya Arrive In Abuja
The Nigerians in Diaspora Commission (NiDCOM) says 172 Nigerian evacuated from Uganda and…
Nigeria To Restart Domestic Flights July 8 In Easing Of Coronavirus Curbs
Nigeria will resume domestic flights from July 8, the government said on Wednesday, as Africa’s most populous…
Nigeria: Court Orders Forfeiture Of 46 Houses, Land Linked To Ex-NSITF Boss,…
The Abuja division of the Federal High Court, Abuja, yesterday granted an order of interim forfeiture in relation…
Moody’s – Nigerian Banks To Face Pressure With Reduced Dollar Deposit
Banks in Nigeria are facing foreign currency shortages because of low oil prices, volatile foreign…
Interstate Travel – Passengers Groan As Transporters Increase Fares In Enugu
Some passengers travelling outside Enugu State on Wednesday groaned as transporters increased transportation fares,…
Nigeria: Senate Summons Ahmed, Emefiele, Others Over Expatriate Tax Evasion
The Senate on Wednesday summoned the Minister of Finance, Budget and National Planning, Zainab Ahmed, and the…
Dollar Falls To One-Week Lows On Data Hopes
The U.S. dollar slipped to a one-week low against its rivals on Thursday as upbeat U.S. and European economic data…
EU Opens Borders To 15 Countries, Excludes Nigeria, Others
The Council of the European Union has opened its borders to 15 countries, excluding Nigeria.
According to…
Air Cargo Demand Surges Amid Global Capacity Crunch
As world airlines gradually return to operations after the coronavirus-induced lockdown, demand in air…
INSIGHT: Tax Revenue Mobilization In Nigeria
Adeniyi Adeyemi and Adedapo Adeduro of KPMG Nigeria consider the low level of tax compliance in…