Dollar Extends Losses; Kiwi Dollar Hits 18-Month High
The dollar extended overnight losses on Friday after data on Thursday pointed to a slowdown in the U.S. economic…
Visa Ban: Don’t Disrespect Nigeria, FG Tells US, UK
The Federal Government has frowned on the statements issued by the United States and the United Kingdom on the…
Military Destroys Illegal Refineries, Recovers Stolen Crude
The Defence Headquarters says military has intensified its aggressive fight against crude oil theft, pipeline…
Dollar Down Over Disappointing U.S. Data, Bleak Economic Outlook
The dollar was down on Friday morning in Asia, with disappointing U.S. employment data dampening both the economic…
Oil Gets A Lift From EIA Supply Data, Moves Back Above $40
Oil prices rose back to above $40 a barrel, after U.S. government data showed a crude stockpile draw more than…
Why Nigeria Wants Financial Account Holders To Submit Self-Certification Forms
In Nigeria, every financial account holder, both individual or corporate, will now be expected to obtain a…
Quarantine Measures In Nigeria, 34 Others Stall Aviation Restart
Resumption of flight services notwithstanding, shades of quarantine restrictions in Nigeria and 34 other countries…
External Debt Service Under Control
Total debt service on the FGN's external obligations amounted to US$287m in Q2 2020, divided between US$157m and…
Pound Swings Amid Second UK Lockdown Scientist Recommendation
The pound (GBPUSD=X) had a turbulent start on Friday morning after leading scientists from the Scientific Advisory…
FG Makes U-Turn: All Account Holders Don’t Have To Re-Register With Banks
The Federal Government has apologised for misleading the public when it ordered all account holders in the…
Concerns Over Flight Disruptions By Labour Unions
Industry stakeholders have appealed to the federal government to wade into the industrial dispute rocking some of…
Currency In Circulation Dropped To N2.39tn In August – CBN
The currency in circulation dropped by N25.03bn from N2.39tn as of the end of July to N2.36tn as of the end of…
FG Orders All Bank, Other Account Holders To Re-Register
The Federal Government has ordered all account holders in the country’s financial institutions to register their…
Onne Port Gets Facelift With Two New Mobile Cranes
The West Africa Container Terminal (WACT) Onne has received two more state-of-the-art Mobile Harbour Cranes (MHCs)…
Strong Retail Sales Data Helps Sterling Regain Some Ground
Sterling edged slightly higher against the euro and the dollar on Friday as data showed that British shoppers…
NNPC Recorded N20.365b Trading Surplus In July
THE Nigerian National Petroleum Corporation (NNPC) has recorded an increased trading surplus of ¦ 20.36billion in…
Cedi’s Stability Backed By Ghana’s Diverse Export Base – Economist
Economist with DataBank, Courage Kingsley Martey is confident the Ghana Cedi will remain stable when compared to…
‘Cryptocurrency Can Reduce Foreign Exchange Burden’
Opportunities presented by Cryptocurrency can help Nigeria deal with the weakness of Naira against dollar and other…
Outrage As Nigerian Govt Mandates Citizens To Fill…
The Nigerian government has directed account holders in financial institutions across the country to complete a new…
Qatar Launches Four Weekly Flights To Accra
Qatar Airways has announced that it would operate four weekly flights to Accra, Ghana via Lagos, from 29 September…
Oil Rises As Goldman Predicts Deficit, New Storm Builds In Gulf
Oil prices rose for a fourth straight day on Friday as Goldman Sachs estimated the market is in deficit and a new…
Here’s A First Look At The New High-End Apple Watch And What You Need To Know…
There’s now an Apple Watch for all price ranges.
Apple unveiled two new models this week — the high-end Series…
Texas Pushes Forward With Business reopenings as coronavirus cases,…
Texas is allowing more businesses, including retail stores, gyms and restaurants, to push forward with reopening…
UPS To Offer Buyouts To Some Employees
United Parcel Service said on Thursday it was offering buyouts to some employees, as Chief Executive Carol Tomé…
New York City Delays In-Person Earning For Middle And High School Students Until…
New York City’s public schools will adopt a phased reopening schedule to return students to the classroom, pushing…
European Markets Open Mixed With Coronavirus Spike, U.S. Tech In Focus
European stocks made a mixed start Friday as investors monitor a rise in coronavirus cases across the continent and…
Coronavirus Live Updates: Israel Locks Down Again Ahead Of High Holidays; EU…
Global cases of the coronavirus have now crossed 30 million, as new infection rates remain stubbornly high in some…
The 2020 Emmys Will Be An Awards Show Like No Other: ‘How Could It Possibly…
The 72nd Emmy Awards will be an awards show like no other.
As the first major entertainment industry awards…
Gold Firms On Economic Worries, Stimulus Hopes
Gold prices rose on Friday as gloomy U.S. jobs data cast a shadow over the economic outlook, and major central…
Dollar Steadies After Falling Overnight On Downbeat U.S. Data
The dollar was steady in early Asia trading on Friday after falling overnight as downbeat U.S. data cast a shadow…