Sterling Tops $1.30 As Investors Push Back Negative Rate Expectations
Sterling climbed above $1.30 on Tuesday for the first time in three weeks as investors pushed back expectations for…
Bank Offers Salary Advance To Non-Customers
Polaris Bank has re-launched its popular Salary Advance with an added capability of enabling non-account holders to…
IATA: COVID-19 Will Dip Africa’s GDP By $37b
The International Air Transport Association (IATA) has warned that the damage being done to the African aviation…
Oil Prices Rebound As Investors Watch Trump’s Health Condition Following His…
SINGAPORE — Oil prices saw a rebound in Monday trade following a Friday drop as investors continue to watch for…
Capital Market Calls For Review Of Economic Architecture
LEADING capital market experts and financiers have called for a comprehensive review of economic architecture to…
Nigeria Widens Markets’ Depth With Central Counterparty Clearing Houses
NIGERIA’s apex capital market regulator, Securities and Exchange Commission (SEC), has granted approval to NG…
Nigeria Is African Market With Greatest Online Potential, Say SBC Digital Summit…
The dollar index slipped slightly on Monday but was little changed from Friday’s close as financial markets waited…
Saudi Arabia Pegs Budget To Oil At Around $50, Goldman Says
Saudi Arabia’s Finance Ministry is budgeting for oil prices to be around $50 a barrel for the next three years,…
Nigerian Police Personnel Banned From Searching Phones, Laptops
Nigeria’s Inspector general of police Mohammed Adamu on Sunday banned personnel of the police from indiscriminate…
Dollar Holds Breath Waiting For Trump Health Updates, Fiscal Package
The dollar index slipped slightly on Monday but was little changed from Friday’s close as financial markets waited…
Nigeria To Bar Vessels Without Licences From Operating In Nigerian Waters
Nigeria plans to bar vessels without a valid licence to operate in Nigerian waters and has given shipping companies…
$10 Billion Is Lost Annually To Illegal Fishing
The Minister for Transportation, Mr. Rotimi Amechi, has revealed that US$10 billion is lost annually to illegal…
Sterling Slightly Weaker Vs Euro, Focus Remains On Brexit
Sterling fell against the euro on Monday, although not by much, and most analysts say they now expect Britain and…
Oil Firms’ Debts Near N5tn Amid Price Collapse
The debts owed by oil and gas companies to Nigerian banks rose by N90bn in the second quarter of this year to…
Record-Breaking $86bn Debt Leaves Nigerians Stunned
Nigeria's debt of $85.9 billion, the highest in history, has become the talking point even as the country…
Foreign Venture Capital Firms Killing Nigerian Businesses, Group Cries Out
The Business Founder Coalition (BFC), which is made up of Nigerian entrepreneurs has cried out to the federal…
CBN: Nigeria’s Foreign Reserve To Drop Below $34.3bn By December
The Central Bank of Nigeria (CBN) says Nigeria’s foreign reserves will drop below $34.3 billion by the end of…
AfCFTA – Rules Of Origin Negotiations At Concluding Stages
The Acting Director General of the Nigerian office of Trade Negotiations, Liman Victor Liman has said that his…
€85 Mn Of Cargo Thefts From Supply Chains In EMEA In H1 2020: TAPA
Over €85 million of products were stolen from air, road, sea and rail freight supply chains in 46 countries in the…
NSE Set To Launch West Africa’s First Exchange Traded Derivatives
There are indications that the launch of West Africa’s first Exchange Traded Derivatives (ETDs) on the Nigerian…
Commissioner Seeks Quick Transfer Of Deceased Persons’ Assets
The Lagos State Attorney General and Commissioner for Justice, Mr Moyosore Onigbanjo (SAN), has urged relatives of…
China’s Tech Giants Face ‘New Business Realities’ Across The World
GUANGZHOU, China — China’s technology giants — like their U.S. counterparts — have seen business thrive during the…
Dow Futures Rise In Overnight Trading As Investors Monitor Trump’s Health
Stock futures rose in early morning trading on Monday as investors brace for another volatile week with President…
CBN, BDCs Reinforce Commitment To Exchange Rate Stability
The attempt to see all Bureaux De Change (BDCs) operators as weakest link in fight against illicit financial flow…
A Record 3 Trillion Euros Is Looking For A Home
Banks rushing to benefit from the European Central Bank’s cheap-loans facility have helped push excess cash in the…
Oil Prices Likely To Continue To Struggle In The Fourth Quarter As Demand Lags
Oil prices are expected to rise just slightly in the final quarter of the year, held back from further gains by a…
Nigeria Accounts For 80% Capital Flight In West Africa
The United Nations Conference on Trade and Development has released a report decrying the illicit financial flows…
British Pound Is Set To Break Out Stable Range
After weeks of treading water, the pound is gearing up to break out of a tight trading range.
The big question…
Why Nigeria Must Restructure Or Risk Breakup
The General Overseer of the Redeemed Christian Church of God, Pastor Enoch Adeboye, has advised the Federal…
Raise Your Glass! This Nigerian Company Wants To Change How Locally Made Gin Or…
Lagos, Nigeria (CNN)Ogogoro is a West African alcoholic drink extracted locally from palm trees often served to…