Naira Declines Against US Dollar, Remains Pressure Across FX Segments
Naira declined against the United States dollar on the Investors and Exporters’ forex window on…
Oil Prices Just Had Their Best Quarter In 30 Years — What’s Next?
Brent crude futures skyrocketed more than 80% in the second quarter.
It was the international…
Euro Is Riding A Wave Of Confidence On Europe Pandemic Response
The euro’s best rally in more than two years looks set to extend, with a host of market…
Nigeria’s Economic Advisory Council Cautions Against Multiple Exchange Rate
The Presidential Economic Advisory Council, PEAC, yesterday, advised the Federal…
Nigeria, Other African Oil Exporters’ll Lose $34bn – IMF
The impact of the COVID-19 pandemic is estimated to cost Nigeria and other oil exporters in Africa a total of about…
Dollar Steadies, Yen Gains; European Economic Data In Focus
Currency traders were broadly cautious in early London trading on Wednesday, with the Japanese yen seeing its first…
Actis-Backed African Education Group Acquires Nigerian University
A pan-African education group backed by global investment firm Actis has acquired its first…
Nigeria: Chinese Bank, Sinosure To Fund $2.6bn Ajaokuta-Kano Pipeline
The Bank of China and Sinosure, a Chinese export and credit insurance corporation, are to fund the $2.6bn…
The Toxic Legacy Of 60 Years Of Abundant Oil
It’s one of the most polluted spots on Earth, and prospects of a turnaround only get worse as Covid-19…
Buhari Tasks Economic Council To Do More To Develop Nigeria
The Presidential Economic Advisory Council (PEAC) was on Tuesday directed to develop more strategies that will put…
Nigeria’s Airports To Reopen When Safe – NCAA
The approval by the Federal Government for the resumption of domestic flights will only be given when it is safe to…
Central Bank Of Nigeria: Leveraging I&E Window For Exchange Rate Stability
Having successfully used the Investors and Exporters’ (I&E) foreign exchange window to stop the naira…
Facebook Frustrates Advertisers As Boycott Over Hate Speech Kicks Off
Advertisements for more than 400 brands including Coca-Cola and Starbucks are due to vanish from Facebook on…
Tesla Stock Ends At record, As Company’s Valuation Tops $200 Billion
Tesla Inc. TSLA, +6.98% shares ended at a record $1,079.81 on Tuesday, sending the Silicon Valley car maker's…
Here Are The Major Brands That Have Pulled Ads From Facebook
Since an advertising boycott of Facebook Inc. was organized in mid-June, a veritable Who’s Who of major brands have…
Nigerian Fintech Startups May Soon Need Regulatory Approval To Launch New Products
The Central Bank of Nigeria (CBN) has released a new framework for regulatory sandbox operations in Nigeria which…
Don’t Introduce New Tax Reforms, IMF Urges Nigeria
The International Monetary Fund (IMF) yesterday advised Nigeria against implementing new tax measures at this time…
Nigeria, Others Face $44bn Financing Gaps Despite Hefty Loans
Still struggling to deal with the impact of COVID-19 on their economies, the International Monetary Fund (IMF) has…
Nigeria’s Corporate Affairs Commission To Issue Incorporation Certificates…
Certificates of incorporation of companies registered under Part A of the Companies and Allied…
Shops Of Nigerians In Ghana Will Remain Shut Until They Obey Rules—Ghana Trade…
e Ghana Union of Traders Association (GUTA) has reacted to claims made by some Nigerian traders who protested at…
Biden To Donors: I’ll Remove Bulk Of Trump Tax Cuts
Presumptive Democratic nominee Joe Biden told potential donors to his campaign that his administration would end…
Facebook Removes A Network Of Accounts Linked To The Violent ‘Boogaloo’ Movement
Facebook has removed a network of anti-government accounts associated with the fringe “boogaloo” movement after…
Judge Temporarily Halts Release Of Tell-All Book By Donald Trump’s Niece
A New York judge on Tuesday temporarily blocked Donald Trump’s niece from publishing a tell-all book that offers an…
Nearly Half The U.S. Population Is Without A Job
Nearly half of the population is still out of a job showing just how far the U.S. labor market has to heal in…
Sending Money Within Africa: Here Are Reliable Platforms To Use
Although electronic mode of payments is becoming increasingly popular in sub-Saharan Africa, sending…
Kweichow Moutai, An ‘Elite’ Alcohol Brand Becomes China’s Most…
A drinks maker has become China's most valuable publicly-listed company, overtaking the country's biggest bank.…
Facebook Agrees To Audit Its Hate Speech Controls
Facebook Inc (FB.O) said on Monday it would submit itself to an audit of how it controls hate speech in a bid to…
India Bans TikTok As Tensions With China Escalate
India is banning TikTok and several other well-known Chinese apps, saying they pose a "threat to sovereignty and…
Saudi Prince Calls OPEC, Laggard and Nigeria Amid Push For Oil Cuts
Prince Mohammed and Nigerian president spoke on Monday: SPA
Nigeria submitted plan to fully…
Google Photos Will No Longer Backup Social Media Folders By Default
Google Photos will no longer backup images and videos saved from folders created and managed by social media apps…