Lufthansa Awaits Clearance On P/H
European carrier, Lufhansa German Airlines yesterday said it was awaiting clearance from the Federal Government to resume flight operations into…
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 settlement with the…
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 interventionist…
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 ambitious vaccination…
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 war crimes…
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 December after…
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 strength…
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 major provinces need to…
UK Cuts Self-Isolation Period To 10 Days For Domestic Contacts, International Arrivals
Britain said on Friday it would cut the self-isolation period for COVID-19 to 10 days from 14, in a change…
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. Nnamdi…
IMF Urges Nigeria To Reduce Debt Vulnerabilities
The International Monetary Fund has said it is important for Nigeria to ensure significant revenue mobilisation to reduce its debt…
Why Africa Borrowed Billions Of Dollars From China
Every week, hosts Joe Weisenthal and Tracy Alloway take you on a not-so-random walk through hot topics in markets, finance,…
Delta Launches Contact Tracing For US Travelers’
Delta Air Line is partnering with the Centers for Disease Control and Prevention to keep international customers informed of potential…
British Pound Slips In Brexit Countdown, The Australian Dollar Rallies
Sterling was set to snap five weeks of gains with a slump on Friday, as leaders on both sides of…
Reps Want Interest-Free Banking In Nigeria
The House of Representatives on Thursday unveiled plans to adopt non-interest banking services in Nigeria as part of efforts to…
Oil Price Rally Builds Steam As Coronavirus Vaccine Rollouts Begin
Oil rose around 1% on Friday, extending a sharp rally overnight that saw Brent rise above $50 for the first…
Minister, Shareholders Disagree Over N150b Unclaimed Dividends
The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, yesterday, disagreed with the Independent Shareholders Association of Nigeria…
Crippling Oil Production Cut
The oil production cut by the Organisation of Petroleum Exporting Countries (OPEC) and its allies OPEC+ to stabilise prices is…
‘FG Granted N342bn Waivers To Importers In Two Years’
The Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed has disclosed that the federal government granted about N342…
MMIA New Terminal Ready For Use Q1
The newly constructed terminal at the Murtala Muhammed International Airport (MMIA), Lagos built by Chinese engineering firm, CCECC, will become…
Nigeria To Access Vaccine From Jan, Says Okonjo-Iweala
Chair of the board of Gavi, the Vaccine Alliance, Ngozi Okonjo-Iweala, has assured that Nigeria and other African countries will…
Naira Extends Gains On Dollar At Black Market, Now N476/$1
The Naira extended gains into a second day on Thursday, December 10, appreciating by N2 against the US Dollar at…
Terror Risks Escalate In Africa; Coronavirus Could Make It Worse
Terror groups are expanding operations and scaling up attacks in Africa, straining governments ill-prepared to battle extremism as the coronavirus…
Nigeria Plans To Approve Covid-19 Vaccine Early Next Year
Nigeria expects to license by April one of the vaccines under development globally for Covid-19, the West African nation’s drugs…
Nigerian Shell Employees Orchestrated Oil Spills For Own Profit: Dutch TV
Employees at Royal Dutch Shell’s Nigerian joint venture orchestrated damage to oil pipelines to profit from the money spent on…
Canadian Dollar Extends Rally As Oil Benchmark Cracks $50/Bbl
The Canadian dollar strengthened to a more-than two-and-a-half-year against its U.S. counterpart on Thursday as oil climbed and the greenback…
World Bank Says 20 Million More Nigerians May Fall Into Poverty
The World Bank has predicted that the effects of COVID-19 pandemic could see further drastic deterioration in the standards of…
Nigeria’s Manufacturing Sector Moving In Right Direction — Minister
Following years of struggle to contribute meaningfully to the country’s GDP, Nigeria’s manufacturing sector will soon start to increase its…
Opec Output At Seven-Month High In Nov: Correction
Opec crude production rose to a seven-month high last month, climbing by 805,000 b/d from October thanks largely to a…
Fitch Ratings Expects House Prices To Fall Up To 5 Per Cent In 2021
Canada’s housing markets broke records in 2020, even as a global pandemic raged, but prices could be poised to fall…