Nigeria May Be On Verge Of Second Wave Of COVID-19 Infections Warns Health Minister
Nigeria may be on the verge of a second wave of COVID-19 infections amid rising number of confirmed cases in…
WEEKAHEAD-AFRICA-FX-Ugandan Currency Firm, Kenya’s, Zambia’s Stable, Nigerian Rangebound
Uganda’s currency will likely gain against the U.S. dollar next week, while Kenya’s and Zambia’s are expected to be stable…
Nigeria Needs More Naira Reform For $1.5 Bln World Bank Loan, Country Director Says
The World Bank needs Nigeria to strengthen reforms of its currency, the naira, before it can approve a $1.5 billion…
Mexico Senate Passes Bill To Make The Central Bank Buy Unwanted Dollars
Mexico’s Senate approved Wednesday a bill that will force the central bank to buy dollars from banks that can’t place…
Sterling Extends Losses With UK And EU Still Far Apart In Brexit Talks
The Brexit-battered pound extended its losses against the dollar and the euro on Thursday, as investors became more cautious about…
ECB To Go Easy; Brexit Goes Sour
Bets on more European Central Bank stimulus kept Europe’s main stock markets and the euro steady on Thursday, but Britain’s…
Euro Stable Ahead Of ECB Stimulus, Pound Dips On Brexit Fears
The euro stood its ground on Thursday ahead of the European Central Bank unveiling fresh stimulus measures, while sterling fell…
Ports And Cargo Debunks Reports Of Inefficiency
Ports and Cargo Handling Services Limited, the flagship and port operations arm of SIFAX Group, has debunked news reports alleging…
Apapa Gridlock: Truck Owners, Port Operators Allege Extortion By Presidential Team, Others
Importers, clearing agents, truck owners and other operators at the Apapa and Tin Can Island Ports in Lagos have cried…
States Eye Capital Market For Funds To Develop Infrastructure
A wave of fundraising by state governments from the capital market through bonds to develop infrastructure is in the offing,…
Facebook Sees WhatsApp As Its Future, Antitrust Suit Or Not
On the final day of November, Facebook Inc. announced it had bought a customer service software startup most people had…
Bank Of Canada Stands Pat On Rates Amid Surge In Covid Cases
The Bank of Canada stood pat on interest rates and reiterated its commitment to keep them at historic lows to…
Crude Oil Remittance: Court Upholds $1.7bn Arbitral Award In Favour Of NPDC
The Federal High Court in Lagos has upheld a landmark $1.7billion arbitral award in favour of the Nigerian Petroleum Development…
Lagos Bans Burial On Residential Premises
The Lagos State Government says the use of residential premises as morgues, embalmment centres or burial sites remain banned in…
New Profit Alerts From Nigerian Banks Have Less To Do With Virus
It’s not just the pandemic that’s putting Nigerian bank earnings at risk: Competition for customers in the recession-hit economy is…
Pornhub In Trouble: Mastercard, Visa Cut-Off Payments
Mastercard said it would no longer process payments for Pornhub. Mastercard has directed the third-party financial institutions that connect Pornhub…
Pound Drops As Chances Dim For Post-Brexit Trade Deal After ‘Lively’ Dinner
Sterling slid on Thursday after British Prime Minister Boris Johnson and European Commission President Ursula von der Leyen gave negotiators…
Banking, FMCG, Industrial Stocks Drag Nigeria Bourse Down As Negative Sentiments Rule Bulls
It was a negative outing at the Nigerian equities market on Tuesday as persistent profit-taking activities, which were also reflected…
How Oil Majors Shift Billions In Profits To Island Tax Havens
Bermuda and the Bahamas aren’t exactly big players in the oil-and-gas world. They don’t produce any of the fuels at…
DPR Cautions Against Panic Buying, Hoarding Of Petrol During Festivities
The products are available, and the government has made sufficient provision to cover this festive period till 2021. As Nigerians…
UK Holidaymakers Barred From EU After 1 January Under Covid Rules
European commission indicates Britons will face ban on nonessential travel at end of Brexit transition British holidaymakers will be barred…
Naira Devaluation As False Economics
After decades long of word counts and verbal exchanges on Naira devaluation and “oil subsidy removal”, yours sincerely is truly…
FG Crashes Data Price By 50 Percent
The Federal government said on Thursday that the price of data has been reduced by more than 50 percent following…
British Pound Falls About 0.5% After Johnson-Von Der Leyen Meeting
he British pound fell 0.5% in early Asian trade on Thursday after British Prime Minister Boris Johnson and European Commission…
My Account Frozen Over N30,000 Protest Donation –#EndSARS Campaigner
An #EndSARS campaigner, Saadat Bibi, has said her account with Access Bank was frozen on the instruction of the Central…
Naira Bounces Back At Black Market With N5 Gain
Against all odds, the Naira came back stronger against the US Dollar at the parallel market on Wednesday, December 9,…
UK Warns People With Serious Allergies To Avoid Pfizer Vaccine After Two Adverse Reactions
Britain’s medicine regulator has advised that people with a history of significant allergies do not get Pfizer-BioNTech’s COVID-19 vaccine after…
INFLATION: Agusto & Co Warns Nigerians Against Liabilities In Hard Currencies
Due to the weakening of the Naira value against the world’s major currencies, Nigerians should not build up liabilities in…
Shell Former Upstream Chief: Nigeria Oilfield Deal Was ‘Lawful And Correct’
Shell’s former international upstream head Malcolm Brinded had no reason to think that the awarding of the OPL-245 oilfield license…
Poor Countries Set To Miss Out On Covid Vaccines As Wealthier Nations Hoard Doses, Campaigners Warn
LONDON — A coalition of campaigning bodies has warned people in lower-income countries are likely to miss out on a…