Nigeria Declares Thursday, Friday Public Holidays For Eid-El-Kabir
The Nigerian Government has declared Thursday 30 and Friday 31 July 2020 as public holidays to mark this year’s…
Nigeria Dollar Shortage Puts Pressure On Black-Market Rate
Nigeria’s dollar shortage is worsening, with the local currency weakening in the parallel market and banks…
Nigeria Sets Up Committee On Resumption Of International Flights
Minister of Aviation Hadi Sirika Monday said the Nigerian Government has inaugurated the National Air Transport…
Bribery Fuelled By Drive To Stamp Out Corruption, Nigeria Study Finds
In an outstanding example of the law of unintended consequences, anti-corruption campaigns costing millions of…
Euro Jumps, Dollar Hurt By Coronavirus Spread
The dollar tumbled to an almost two-year low against the euro on Monday on concerns about a growing number of…
UK Advises Against All Non-Essential Travel To Spain’s Balearic And Canary…
Britain’s Foreign Office is extending its advice against all non-essential travel to mainland Spain to include the…
Nigeria: Naira Weakens Further Despite CBN’s Intervention
Naira depreciated to new lows across many markets as continuing Central Bank of Nigeria (CBN)’s intervention failed…
Bigotry Against Black People Poisons The Arab World
Day after day, week after week, the cars pulled up outside the Ethiopian embassy in Beirut and ejected their…
How To Crash Naira Exchange Rate
The Association of Bureau De Change Operators of Nigeria (ABCON) says reopening of the BDC window would…
Virus Takes Toll On Cargo Import Volume
The economic effects of the novel coronavirus (COVID-19) may begin to manifest in the maritime space sooner than…
Evolution Of Digital Currency And Future Of Naira
The 21st century has witnessed a major rise in digital technology as life and living are integrated and made easier…
Nigeria:How To Curb Nigeria, Others’ Rising Illicit Financial Flows –…
Some experts have listed steps that needed to be taken by governments in developing economies, including Nigeria,…
Nigeria: Operatives Seek Revival Of Nigeria’s Steel Industry
To ensure the stability of buildings and curb incidences of building collapse, eggheads in the construction…
Nigeria to allow would-be graduates back to school despite spreading COVID19
Nigeria will allow schools to reopen for pupils due to take graduation exams, a presidential aide said on Monday,…
Panel Led By Ex-Irish President Clears Akinwumi Adesina Of All Allegations
Akinwumi Adesina, president of the Africa Development Bank, has been exonerated of all whistleblower allegations by…
Sterling, Lifted By Weaker Dollar, Pushes To Near Five-Month High
Lacking any significant drivers of its own, sterling was pushed up by a broadly weaker U.S. dollar on Monday, as…
ABCON: Reopening BDC Window Will Crash Exchange Rate Spike
The Association of Bureau De Change Operators of Nigeria (ABCON) says reopening the bureau de change…
CAC Adopts Electronic Distribution Of Company Certificates
As from August 10, 2020, the Corporate Affairs Commission will commence full implementation of an electronic…
Wall St. Climbs On Stimulus, Dovish Fed Bets Ahead Of Earnings Rush
U.S. stocks rose on Monday after a two-day slide, as investors shrugged off surging COVID-19 cases and U.S.-China…
Non-Oil Export Earnings Rise To $1.21bn
Non-oil export earnings through banks rose to $1.21bn in the first quarter of 2020.
The Central Bank of Nigeria…
UK Court Declares Nigerian Fraudster Deportation Illegal, Orders For His Return
A United Kingdom court has ordered the UK Home Office to pay for and facilitate the return of a Nigerian man…
Lockdown, FX Scarcity Scare Take Toll On Economy
Scarcity of forex occasioned by the fall in the prices crude oil in the international market, Nigeria’s main export…
Black And Ethnic Minority People Could Feature On British Money
Black and ethnic minority figures are set to feature on British currency for the first time, with Gurkha heroes and…
Nigeria: CAC Insists On Courier Delivery Of Certificates
The Registrar General Corporate Affairs Commission (CAC) Garba Abubakar at the weekend stated the commission has…
Nigeria: What To Expect From The Markets This Week – 270720
Global Economy
After more than four days of negotiations, European Union (EU) leaders finally agreed on a…
How Billion-Dollar Crypto Scams Lure Victims
In the past week, reports emerged that some key members of the Onecoin scam were found dead in Mexico.
According…
Nigeria’s Petroleum Imports Exceeded Exports By $58.5bn — OPEC
The value of petroleum imports into Nigeria exceeded the value of exports by $58.5bn within a five-year period, the…
Nigeria: NLC Rejects 6% Tax On Tenancy And Lease Agreements
The leadership of the Nigeria Labour Congress (NLC) has described the decision of the Federal Government to impose…
Emirates Tries a New Tactic to Fill Planes: Cover Medical Costs
Emirates has come up with a unique way to boost confidence in air travel. The Dubai-based carrier on Thursday…
Buhari Challenges Nigerians In Diaspora On Economic Recovery As Remittance Inflows…
President Muhammadu Buhari has urged Nigerians in the Diaspora to actively participate in the country’s…