Nigeria Border Closure: Unsold Inventory Fell By N23.73b In 2019-MAN
The border closure may have been a blessing in disguise as local manufacturers reaped bountifully with many…
Covid-19: Lagosians Groan As Prices Of Foodstuffs, Rent Soar
RESIDENTS of Lagos State may have to devise ingenious means of grappling with the economic impacts of the COVID-19…
Nigeria: Women To Get 60% Of N220bn SME Fund – CBN
The Central Bank of Nigeria has said that women will be given 60 per cent of the N220bn Micro, Small and Medium…
How Did Nigeria’s Treasury Bills Drop From 18% to 3% in 3 Years?
How did Nigeria's treasury bills drop from 18% to 3% in the last three years and why earnings on savings,…
134 Nigerians Stranded In Sudan Arrive In Abuja
134 Nigerians who had been stranded in Sudan have returned to the country.
They arrived at the Nnamdi Azikiwe…
Nigerian Port Authority (NPA) Driving Seaport Operations
During COVID-19 The Nigerian Ports Authority, (NPA), while overseeing the general seaport operation by private port…
Dollar Falls, Euro Hovers At Four-Month High As EU Negotiates Rescue Fund
The dollar was broadly lower on Friday as the euro rose to just under a four-month high, with negotiations underway…
US Opens Borders For Students, Academics And Businesspersons From Schengen Area,…
In an unprecedented move, the United States has decided to open the borders for certain business travellers,…
The End Of The Arab World’s Oil Age Is Nigh
Their budgets don’t add up anymore. Algeria needs the price of Brent crude, an international benchmark for oil, to…
Nigeria:Third Mainland Bridge Alternative Routes Ready, Says LASG
The Lagos State Government has announced that rehabilitation of alternative routes to be used during the closure of…
Portugal Fines Airlines And Passengers Arriving Without Negative COVID-19 Test…
Portugal’s government is fining anyone arriving in the country from the United States, non- European…
Multi-Nationals Finally Recognise Value Of Local Currency Funding
Multi-National organisations, which have long relied on the US-dollar or euro-based funding when doing business in…
Stolen Kuwaiti Money in Beverly Hills ‘Mountain,’ U.S. Says
U.S. prosecutors said money misappropriated from the Kuwaiti Ministry of Defense was used to invest in a Beverly…
Cautious Optimism On Crucial EU Summit Lifts Euro
The euro was heading for four-month highs on hopes a European Union summit will make progress on a recovery fund…
Zimbabwe Accuses ECONET Wireless Of Money Laundering
Zimbabwean police have accused the country’s largest telecom operator ECONET Wireless of money laundering.…
EXPLAINER: How The Policy On Settling Loan Defaults With Funds In Other Banks Will…
The Central Bank of Nigeria (CBN), on Monday, released a policy that would allow banks to settle loan defaults with…
Global Air Passenger Slump To Last Until 2023
Global airline passenger demand won’t recover to pre-coronavirus pandemic levels until the end of 2023, and only…
Foreign Reserves Drop To $36.12bn
The country’s foreign reserves fell by $454.05m from $36.57bn on June 1 to $36.12bn on July 15, the latest figures…
FG Arranges 3 More Evacuation Flights From U.S.
The Federal Government has arranged three more flights to evacuate Nigerians stranded in the United States due to…
Tyrese Haspil charged with murdering tech CEO Fahim Saleh
The executive assistant to tech CEO and investor Fahim Saleh was charged Friday with second-degree murder in his…
NDIC Seeks To Hold Directors Accountable For Bank Failures
The Nigeria Deposit Insurance Corporation has sought a legal backing from the National Assembly to enable it to…
Nigeria Inflation Rises In June, Food And Healthcare Cost Weigh
Annual inflation in Nigeria rose for a 10th straight month in June, lifted by food and healthcare costs, the…
Experts Seek Lending Rate Reduction, MPC Meets Monday
Financial experts have said there is a need for the Monetary Policy Committee of the Central Bank of Nigeria to…
Non-Oil Exporters Want Govt To Fix Domestic Market
Stakeholders in the non-oil export business have asked the government to focus on addressing challenges in the…
How Indigenous Carrier Rescued Stranded Nigerians
With high cost of airfares charged by foreign airlines, many Nigerians who had depleted their resources due…
Coronavirus Lays Bare S.African’s Toxic Relationship With Alcohol
In few other countries in the world have COVID-19 and alcohol consumption become so dangerously intertwined.
With…
Nigeria’s “Bond Lady” Tackles Public Debt With Strategy
As director-general of the Debt Management Office (DMO) of the Nigerian Ministry of Finance, Patience Oniha…
Oil Exposure Raises Questions For West Africa’s Big Banks In Age Of…
West Africa's major banks could suffer a spike in loan defaults as lower oil prices and the acute economic impact…
UK Begins Issuance Of Flexible Visa To Doctors, Others
The United Kingdom has announced a special type of visa for foreign healthcare professionals to work in Britain.…
Over 370 Nigerians Asked To Leave U.S. ‘For Breaking Laws’
More than 370 Nigerians were ordered to leave the United States this year, after being found guilty of breaking…