7 ViewsThe international oil benchmark, Brent crude, rose above $48 per barrel on Wednesday, extending a rally driven by hopes that a COVID-19 vaccine will boost fuel demand. Brent, against which Nigerian’s oil is...

22 ViewsThe United States Embassy in Nigeria has clarified that Nigeria is exempted from the new $15000 visa Bond policy introduced by the outgoing administration of President Donald Trump. In statement on it’s website...

16 ViewsThe House of Representatives has vowed to pass the Petroleum Industry Bill (PIB) before the end of the first quarter of 2021. The Chief Whip of the House and chairperson of the ad-hoc...

23 ViewsThe nation’s land borders that have been closed since August 2019 may be reopened soon. The Minister of Finance, Budget and National Planning, Zainab Ahmed, gave this indication during an interview with State...

22 ViewsThe Central Bank of Nigeria (CBN) has labeled the foreign exchange parallel market as tainted and a channel for bribery and corruption. CBN Governor Godwin Emefiele took a swipe at analysts who use...

21 ViewsThe $35.6 billion foreign exchange reserves is enough to protect naira against attacks by currency speculators forcing the local currency to depreciate. President, Association of Bureaux De Change Operators of Nigeria (ABCON), Aminu...

22 ViewsThe Monetary Policy Committee of the Central Bank of Nigeria has retained the Monetary Policy Rate at 11.5 per cent. It also left other parameters the same. The CBN Governor, Godwin Emefiele, disclosed...

29 ViewsThe Commissioner for Insurance, Mr Sunday Thomas, has said the National Insurance Commission is profiling companies with huge unsettled claims. He spoke in Lagos on Tuesday, during the 2020 Insurance Director’s Conference in...

25 ViewsThe naira exchanged to the dollar for 483 in the parallel market on Monday. This was despite the regular interventions in terms of forex injections by the Central Bank of Nigeria. Bureau de...

22 ViewsFinancial experts have said they expect the lending rate to either be retained or reduced at the end of the meeting of the Monetary Policy Committee of the Central Bank of Nigeria on...

26 ViewsTHE World Bank said on Monday that Nigeria’s per capita income could fall in 2020 to its lowest level in 40 years. The bank also raised concern about the debt service cost being...

24 ViewsThe President, Major General Muhammadu Buhari (retd.), will lead a team of other top government officials, oil industry regulators and stakeholders to Imo State on Tuesday (today) for the inauguration of the 5,000...

31 ViewsOil prices extended their gains on Monday as traders were optimistic about a recovery in crude demand thanks to successful coronavirus vaccine trials, but price gains were contained by renewed lockdowns in several...

32 ViewsThe insurance sector contracted by 16.54 per cent in the third quarter of 2020 financial period, latest figures from the National Bureau of Statistics have shown. The NBS revealed on Saturday that the...

48 ViewsThe Group Managing Director of the Nigerian National Petroleum Corporation, Mallam Mele Kyari, said buyers were begged to purchase the Nigerian crude oil at $9 per barrel in April. The global oil benchmark,...

41 ViewsZenith Bank Plc has announced its unaudited results for the nine months ended September 30, 2020 with gross earnings rising by four per cent to N509bn from N491bn in the same period of...