Economy Tag

Oil prices bounced around on Monday in see-saw trading, with some investors taking profits after signs of progress in the U.S.-Iran nuclear talks while others kept bullish sentiment bolstered by rising consumption amid ongoing supply...

🌍Highlights on COVID Third Wave: Nigeria now experiencing third wave of COVID-19, Osagie Ehanire, minister of health has said. “All data indicate that we are now no doubt in the third wave of resurgence of...

🌍Brent crude above $74 even as oil prices fell on Monday on worries over China's economy after a survey showed growth in factory activity slipped sharply in the world's second-largest oil consumer, and concerns over...

🌍NEW: IGP Alkali Baba has recommended the immediate suspension of DCP Abba Kyari, the Head of the Police Intelligence Response Team (IRT), pending the outcome of an ongoing internal investigations into his indictment by the...

🌍The Kyari, Hushpuppi crisis: Despite its politicization, many Nigerians wish DCP Abba Kyari, one of the country’s respected cops, would come clean in the Hushpuppi money laundering crisis that may drown him. * IGP Alkali Baba has...

🌍Update on suspension of forex sales: After the suspension of forex allocation to 5,300 licensed Bureaux De Change (BDCs), the value of the naira depreciated to N525 to a dollar on the parallel market yesterday,...

🌍Highlights of CBN’s battle to protect the Naira: For once in a longwhile, announcement of the CBN Monetary Policy Committee’s interest rates after its two-day meeting was overshadowed by another news item – the suspension...

🌍NEW: The umbrella body of Yoruba Self-Determination Groups, Ilana Omo Oodua, has reported that the Cour De’appal De Cotonou, Benin Republic, has adjourned the hearing of the case of Yoruba Nation activist, Sunday Adeyemo (Sunday...

🌍President Buhari, yesterday in Daura, charged the nation’s security agencies to step up their efforts to adequately secure the country. He also expressed concern that currently only 2.5 percent of arable lands in Nigeria was...