Nigeria: NDDC Pondei Lists Contracts Allegedly Paid Under ‘Duress’ To Get Budget…
The Acting Managing Director of the Niger Delta Development Commission (NDDC), Prof. Kemebradikumo Daniel Pondei,…
Wall Street Week Ahead: Bargain-hunters look to U.S. Real Estate Stocks As…
As the S&P 500 approaches fresh highs, some investors hope to pick up bargains in the battered U.S. real estate…
NPA Warns Shipping Firms Over Empty Containers
Failure by shipping firms to provide holding bays for empty containers is responsible for ports’ congestion,…
World Bank Approves $114 Mln For Nigeria’s COVID-19 Response
The World Bank has approved $114 million to help Nigeria tackle its coronavirus pandemic, the global lender said on…
Dollar Rises On Renewed U.S.-Sino Tensions, Jobs Data Eyed
The U.S. dollar rebounded whilst other major currencies weakened on Friday after President Donald Trump took steps…
Nigeria: Reps Summon Adeosun, Ahmed, Farouq Over N1.7tn NSIP Fund
The House of Representatives has summoned a former Minister of Finance, Mrs Kemi Adeosun; the incumbent Minister…
Fresh $100 Million Investment To Boost Nigeria’s Shipping Sector
Fresh $100 million investment is under way by the West Africa Container Terminal (WACT), to buoy Nigerian terminal…
Nigeria: DMO Lifts Suspension On FGN Savings Bond Offer
Four months after it suspended the Federal Government of Nigeria (FGN Savings Bond) offer, the Debt Management…
U.S. Govt Advises Citizens Against Travelling To Nigeria
Amidst the worsening security situation across Nigeria, the U.S. government has advised its citizens not to travel…
Travelex Poised For Reboot As Debt Restructuring Is Completed
The transaction is being arranged through a pre-packaged administration sale of certain UK Travelex entities. …
How Travelers Are Beating Tough Flight Restrictions
Travel curbs and border restrictions are upending lives around the globe, with some people resorting to chartering…
White Customers, Black Fabrics
The recent outpouring of support for Black-owned businesses has brought attention to fashion labels that work with…
Nigerian Crypto Activity Has Been On The Rise Since April
Nigeria outperformed the rest of the world by the level of interest in Bitcoin over recent months.
Nigeria, the …
Bad Weather Hurts Efforts To Stop Oil Spill Off Mauritius
Bad weather hindered efforts to contain an oil spill from a bulk carrier off the southeastern coast of Mauritius…
$3.121b Loans: China Won’t Take Over Nigeria
The Chinese Embassy in Nigeria on Thursday said its country’s loans were not designed to take over Nigeria or any…
Last call: Governors Roll Back Hours Instead Of Reopenings As Bars Take Blame For…
Desy’s is one of the last bars left standing in Morrisville, North Carolina.
Owner Desislava Nikolova made her…
Virgin Atlantic Files For Bankruptcy Protection
Virgin Atlantic Airways has filed for Chapter 15 bankruptcy protection in New York, the United States, as the…
Buhari Orders Compulsory Use Of Face Masks Nationwide
President Muhammadu Buhari has directed state governments and the Federal Capital Territory (FCT) to enforce the…
Saudi Investor Sues Med-View Over Sale Of Asset
Saudi Arabian investor, Abdulmohsen Al-Thunnayan, has filed a suit at the Federal High Court Lagos, challenging the…
Oil Slips To $45 On Demand Concerns, Set For Weekly Rise
Oil dipped to around $45 a barrel on Friday on worries that a demand recovery would slow due to a resurgence of…
DMO Clarifies China’s Loans To Nigeria; Economic Viability And Revenue…
The attention of the Debt Management Office (DMO), has been drawn to statements and reports credited to several…
Nigeria’s Cocoa Output To Be Tapered By The Spread Of The Fungal Black Pod…
Approximately 40% of Nigeria's cocoa output may be at risk from the spread of the fungal black pod disease which is…
South Korea Leads Gains In Mixed Trading Day For Asia Pacific Stocks
Stocks in Asia Pacific were mixed on Thursday as investors continued to monitor tensions between the U.S. and…
Africa Waits As Virus Sets Back ‘Game-Changer’ Trade Pact
Even before the coronavirus pandemic, intra-African trade was set back by border bureaucracy, long delays at…
Nigerian Govt Extends COVID-19 Lockdown By 4 Weeks
The Nigerian government, on Thursday, extended the second phase of the COVID-19 eased lockdown by another four…
UK Puts Belgium, Andorra And Bahamas On Quarantine List
The announcement comes after Prime Minister Boris Johnson warned there are "signs of a second wave" of COVID-19…
FG Asks Airlines To Get Ready For Resumption Of International Flights
The federal government had banned international flights in March as parts of measures to check the spread of…
Global Investment Banks To Be Exempted From Turkey’s Lira Limits
Turkish authorities are working on a plan to exempt global investment banks from some restrictions on swapping…
Bezos sells more than $3 billion in Amazon shares
Amazon CEO Jeff Bezos this week has sold more than $3.1 billion worth of shares in his company, according to…
UK Advises Britons In Nigeria Against Travelling To Kaduna, Other States
THE United Kingdom (UK) has issued a travel advisory to its citizens in Nigeria against travelling to Kaduna and…