Nigeria’s Confusing Currency and IMF Loan
Humbled by crashing oil prices and the coronavirus pandemic, Nigeria appears to be heeding the International…
Elon Musk Soars Past Warren Buffett on Billionaires Ranking
Elon Musk is now richer than Warren Buffett.
The fortune of Tesla Inc.’s founder rose $6.1 billion on Friday,…
Dollar, Yen Gain While Risk Currencies Slip As U.S. Coronavirus Anxiety Deepens
The dollar and other safe-haven currencies gained against their riskier peers on Friday after a surge in new…
Nigeria Suspends Anti-Graft Chief -Attorney General’s Office
Nigeria has suspended its anti-corruption chief pending the conclusion of investigations, the attorney general’s…
UK Visa Application Centre In Nigeria To Reopen Soon
The British high commission in Nigeria says work is ongoing to reopen visa application for intending travellers to…
BA Moves Gatwick Flights To Heathrow
British Airways has announced that it would be switching many short-haul flights from its second-biggest base,…
NSC Targets Full Digitalisation Of Nigerian Ports By 2021
The Nigerian Shippers’ Council (NSC) has announced that it is perfecting plans to ensure that cargo clearing…
Manufacturers Association Of Nigeria Commends CBN’s Forex Unification, Seeks…
The Manufacturers Association of Nigeria (MAN) has expressed its support for the recent move by the Central Bank of…
Nigerian National Petroleum Commision Increases Gas Supply As Pipeline Vandalism…
The Nigerian National Petroleum Corporation on Thursday announced an increase of 19.14 per cent in the average…
Nigeria: New Dawn At NPA
Eromosele Abiodun writes on the significance of appointing Akin Ricketts into the board of the Nigerian…
International Energy Agency Raises 2020 Oil Demand Forecast But Warns COVID-19…
The International Energy Agency (IEA) bumped up its 2020 oil demand forecast on Friday but warned that the spread…
No Going Back On Petrol Subsidy Removal – Federal Government Of Nigeria
The Minister of State for Petroleum Resources, Timipre Sylva, said on Thursday that the Federal Government had…
Nigeria: ‘Many Factories May Shutdown Over Outstanding Forex Obligations’
With the Central Bank of Nigeria (CBN) adjusting the foreign exchange rates in a move to have a uniform rate for…
Over 33% Of Air Travellers To Avoid Flights Over Infection Risk
At least three in every 10 air travellers have vowed not to fly anytime soon over possible coronavirus…
Wall Street Is Pessimistic About The Dollar
The world’s biggest currency banks see the dollar edging lower toward year-end, a consensus that may only hold if …
Nigeria’s Excess Crude Account Held $72.41 Million As Of July 7 –…
Nigeria’s excess crude account held $72.41 million as of July 7, the country’s finance minister said on Thursday.…
Oil Falls On Resurgence Of Virus Cases, Oversupply
Oil prices dropped on Friday and were headed for weekly declines as inventories rose and record-breaking new…
Forex: Naira Stable On Parallel Market
The naira stayed stable at N461/$1 on the parallel market yesterday, as traders appeared confused about whether the…
Place Visitors From Lagos, Abuja On 14-Day Isolation, Wike Tells Rivers Residents
Governor Nyesom Wike of Rivers State has advised residents to be wary of persons coming from states with high…
Mixed Reactions As CBN Moves To Unify Exchange Rate
Lagos — With moves by the monetary authorities to unify the Naira foreign exchange (forex) rates gaining…
Nigeria’s Confirmed Coronavirus Cases Pass 30,000 -NCDC
Nigeria’s confirmed coronavirus cases passed 30,000 on Wednesday, the country’s disease control centre said, as the…
FG Explains Deregulation Of Oil Downstream Sector
The Minister of State for Petroleum Resources Chief Timipre Sylva says the deregulation of the downstream…
Africa’s CDC Urges More COVID-19 Tests, Masks, As Continent’s Cases…
African countries urgently need to scale up coronavirus testing and the use of face masks, a regional disease…
China’s market euphoria trumps political risk in Hong Kong
Investors in China’s soaring stock market are increasingly turning to Hong Kong for bargains, egging on an…
Brazil’s Bolsonaro Bets ‘Miraculous Cure’ For COVID-19 Can Save Brazil
Brazilian President Jair Bolsonaro has gone all in on hydroxychloroquine to help his coronavirus-ravaged country…
Fed Officials Suggest U.S. Recovery May Be Stalling
Federal Reserve officials raised fresh doubts on Wednesday about the durability of the U.S. recovery, while new…
India Raises Concerns With U.S. Over New Rules For Foreign Students
India has conveyed its concerns to the United States about a new immigration order that could force a large number…
Harvard, MIT Seek Temporary Halt To Trump Administration Rule On International…
Harvard University and Massachusetts Institute of Technology have asked a federal court to temporarily block a…
Nigeria: Aviation Authority Suspends Skypower Express, 14 Aircraft For Violations
Ahead of the resumption of commercial domestic flights on Wednesday (today), operators in the aviation sector have…
Nigeria: NCAA Denies Aero, Azman Air Approval
Aero Contractors, Azman Air and Max Air Limited have failed to meet the Nigeria Civil Aviation Authority’s approval…