Naira Roars Back To Life In Parallel Market
The Naira has marched into September with a renewed sense of confidence, rallying to its strongest level since…
Cost Of Doing Business At Nigerian Ports Will Be Reduced Soon
In this interview with LEADERSHIP, the chairman, House Committee on Ports and Harbour, Hon Garba Datti Mohammad is…
Sterling Falls More Against Strong Dollar, Hurt By Brexit, Weak Outlook
The pound fell against the dollar on Thursday, extending its losses on a combination of dollar strength and weak…
NIS Implements Procedures On International Flights Resumption
The Comptroller General, Nigeria Immigration Service (NIS), Mr Muhammad Babandede has implemented procedures for…
Nigeria: Push For Airport Development
The role of collaboration in developing critical air transport infrastructure for accelerated economic development…
Nigeria Says Can Tap Mineral Wealth Despite COVID, Unrest
Nigeria aims to have 50 mines in operation by 2023 and can make up for time lost because of the impact of COVID-19…
Nigeria Naira Firms 9.7% On Black Market On Plans To Sell FX To Currency Operators
The Nigerian currency firmed sharply on the black market on Tuesday, gaining 9.65% to 435 naira against the U.S.…
Bitcoin Falls Most In Month As Momentum Shifts During Risk Rally
Bitcoin posted its largest one-day decline in about a month just a day after reaching $12,000. Other digital…
Nigeria: Lagos To Establish Coconut Processing Factory In Badagry By 2021
The Lagos State Government says it will establish a coconut processing factory in Badagry to further optimize the…
BDCs Want CBN To Review Advised Exchange Rate Of N386
Ahead of funding account on Friday and business reopening on Monday, Bureau de Change (BDC) operators have called…
Sirika Restructures NCAA, Sacks Directors
A major restructuring of the Nigeria Civil Aviation Authority, NCAA, was done Wednesday by the Minister of…
CBN Sets Capital Base Of N5bn For Mobile Money Licenses
The Central Bank of Nigeria has said it will grant more licences for payment service banks but set a minimum…
Petrol Price Should Be About N155/Litre
The pump price of petrol should be closer to N155 per litre, the Chairman of the Major Oil Marketers Association of…
Sterling Drifts Lower Vs Dollar, Rises Vs Euro; BoE Speeches In Focus
Sterling fell against a rebounding U.S. dollar on Wednesday but rose against the falling euro as traders looked to…
NBS: Nigeria Imported Almost Double Its Export In Q2
Nigeria’s trade deficit ballooned by 92 percent between the first and second quarter of 2020 on the back of…
History Shows Euro’s Dip Is Part Of Pattern That Leads To $1.25
The euro is about to extend its advance by another 5% in the coming months, if history is a guide.
The currency…
NSE Suspends Six Companies From Trading For Not Filing Audited Financial…
The Nigerian Stock Exchange (NSE) has debarred six listed companies from trading for not filing their audited…
The Yuan Won’t Unseat The Dollar Soon — But It Could Grow In Prominence If China…
The yuan isn’t going to unseat the U.S. dollar anytime soon — but the Chinese currency’s rising prominence has been…
Nigeria Loses $55 Million Daily To Port Congestion
Widespread congestion at the Nigerian ports is costing the nation about $55 million (about N20.8 billion) per day,…
Sylva Switches To Gas As Fuel For Official Cars, Urges Others To Follow Suit
The Minister of State for Petroleum Resources, Mr. Timipre Sylva has given up his official vehicles to be…
UK Economy Unlikely To Recover Until 2023
The UK economy is unlikely to reach its pre-Covid level until early 2023, according to new forecasts.
KPMG’s…
Exclusive: Bipartisan Campaign Aims To Reassure U.S. Voters As Trump Questions…
At least a dozen groups are planning a large-scale, bipartisan public relations campaign to counter any attempt by…
How Much You’ll Need To Save Per Month To Retire With $1 Million On A $50,000…
Automatically saving a percentage of your salary can be one of the easiest ways to fund your retirement.
But…
Health Experts Sound The Alarm On A Possible New Coronavirus Wave This Winter
Health experts are concerned about the potential for a new wave of Covid-19 infections over the winter period,…
Germany Says Russian Dissident Alexei Navalny ‘Without A Doubt’ Poisoned By…
Germany’s government on Wednesday confirmed via hospital tests that Russian dissident Alexei Navalny was poisoned…
AMC Shares Spike After Top Theater Chain Says 70% Of Locations Will Be Open This…
Shares of AMC, the largest movie theater chain in the U.S., jumped more than 16% in premarket trading Wednesday…
Treasury Yields Rise Slightly Amid Mixed Economic Data
Treasury yields climbed slightly on Wednesday after investors digested fresh employment data.
The yield on the…
Macy’s Plans Rollout Of Smaller Stores Away From Malls
Macy’s is betting malls will make it. But only the best malls. And so it’s looking to grow elsewhere.
“We…
DraftKings Shares Surge 13% After Michael Jordan Joins Betting Company As Board…
Shares of DraftKings jumped 13% in premarket trading after the company said Michael Jordan is joining the betting…
Florida Drops Quest For Coronavirus Testing After Lab Reports Backlog Of 75,000…
Florida Gov. Ron DeSantis is ordering state health agencies to cut ties with Quest Diagnostics, one of the…