Nigeria Says 22 Police Killed, 205 Stations Damaged In Protests
Nigeria police said 205 stations were destroyed, 22 personnel killed and more injured during nationwide protests against alleged brutality by…
Euro Zone GDP Jumps More Than Expected In Third Quarter, October Prices Fall
The euro zone economy rebounded more than expected in the third quarter from its coronavirus-induced slump, but the rally is…
Ghana Is Outshining Nigeria As Top FDI Destination In West Africa
An unpopular fact might have been commonly overlooked would be that population size is sometimes only just a number, as…
West African Oil Fortunes Diverge Along With Europe And China
For a glimpse of the growing disparity in the oil market’s recovery, look at crude sales from West Africa. Nigeria,…
UK Govt Admits It Trained Nigeria’s Infamous SARS Police Unit Accused Of Extra Judicial Killings
The United Kingdom has acknowledged it provided training and equipment to a now-disbanded Nigerian law enforcement unit whose alleged abuses…
Euro Zone GDP Beats Forecasts For The Third Quarter, But New Lockdowns Threaten Recovery
LONDON — The euro zone economy bounced back in the third quarter as the region profited from a summer period…
Illegal Refineries Dismantled As Military Battles Crude Oil Thieves In N’Delta
More illegal refineries operating in the creeks of the Niger Delta have been dismantled as the military continues the clampdown…
CBN Removes Restrictions On Refinancing Of Non-Member Mortgage Lenders By Refinancing Companies
The Central Bank of Nigeria (CBN) has removed the restriction on refinancing of mortgages of non-member mortgage lenders by the…
Air France-KLM Warns Of Bigger Losses Amid Lockdowns
Air France-KLM AIRF.PA unveiled a 1.05 billion-euro (952.19 million pounds) quarterly operating loss and warned of worse to come as…
FOREX-Dollar Stabilises, Euro Near 4-Week Low After ECB’s Announcement
The dollar paused its climb on Friday, while the euro wallowed near its four-week low against the greenback after the…
Dangote Delays London Listing, Shores Up Forex Earnings
Aliko Dangote, Africa’s richest person, has again delayed plans to list shares in his cement company on the London Stock…
Will Nigerian Airlines Survive?
Chinedu Eze writes on the likely impact of the recent civil unrest in some states on Nigerian carriers which came…
Dollar Stabilises, Euro Near Four-Week Low After ECB’s Announcement
The dollar paused its climb on Friday, while the euro wallowed near its four-week low against the greenback after the…
Nigeria Imported N2.78tn Manufactured Goods In Three Months –NBS
Nigeria imported manufactured goods worth N2.78tn while the total export component was N254.2bn between April and June. According to figures…
Customs Command Generates N15.7b In Nine Months
The Nigeria Customs Service, Kirikiri Lighter Terminal Command, has said that despite the effect of the Covid-19 pandemic and other…
Fed Govt Pledges Support For SIFAX’s New Container Terminal
THE Federal Government has promised to support the vision of the newly-opened container terminal in Lagos by SIFAX Group. SIFAX…
Equities Rally N388b In Three Days
NIGERIAN equities has gained N388 billion so far this week as continuing bargain-hunting amid steady third quarter earnings pushed most…
Rising Against Extortion At Airport
A Nigerian who recently arrived the country from the Nnamdi Azikiwe International Airport, Abuja has petitioned Nigerian Customs Service over…
Sterling Pinned Near $1.29 As Investors Await Fresh Catalysts
Sterling traded in tight ranges on Friday, pinned near the $1.29 mark against the dollar as a lack of news…
Surge In Use Of Algorithms May Hurt Quality Of FX Prices – BIS
The growing use of computer-run algorithms to trade currencies is helping foreign exchange markets function but could undermine the quality…
Nigeria Immigration Warns Officers Against Extortion
The Nigeria Immigration Service (NIS) has warned personnel to avoid extortion and other acts capable of tarnishing its image. The…
Fresh Oil Doom For Nigeria As Lockdowns In Europe Crash Oil Prices
Oil prices crash below $40 as Europe imposes lockdown for virus It was another oil doom for Nigeria Thursday as…
Alphabet Stock Pops 8% As Company Crushes Expectations
Google parent company Alphabet’s stock rose more than 8% in after-hours trading as it crushed expectations for both earnings and…
European Stocks Close Lower As ECB Hints At Further Stimulus; Nokia Down 20%
LONDON — European markets closed slightly lower on Thursday after a choppy trading session, as investors digest new lockdown measures…
Gold Slips To 1-Month Low As Dollar Gains Upper Hand
Gold prices fell to a one-month low on Thursday, extending the previous session’s sharp slide as the dollar remained the…
Oil Falls More Than 3%, On Track For Worst Week Since April
Oil prices fell more than 3% on Thursday, extending the previous day’s sharp decline on the potential impact renewed coronavirus…
Dollar Holds Ground As Rising Covid-19 Cases Boost Safe-Haven Demand
The dollar held gains against a basket of major currencies on Thursday as escalating coronavirus cases in Europe stoked investor…
Apple One Subscription Bundles Launch On Friday Starting At $14.95 A Month
Apple will launch its Apple One subscription bundles on Friday, Apple CEO Tim Cook told CNBC on Thursday. Apple One…
Treasury Yields Jump After Better-Than-Expected Economic Data
Treasury yields climbed on Thursday after economic data pointed to a continuing recovery. The yield on the benchmark 10-year Treasury…
A New Coronavirus Variant Is Seen Spreading Across Europe, Research Says
LONDON — A variant of the coronavirus that is believed to have originated in Spain has spread across Europe and…