CATEGORY
Markets
Nigeria to Get Inflow of $10 Billion, Ban Parallel Market
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Nigeria expects to receive $10 billion of inflows in the coming weeks that will help ease a liquidity crunch weighing on the naira.
The government has...
Lagos Govt Shuts Alaba International Market
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The Lagos State Government has sealed the Alaba International Market over poor waste disposal practices among others.
This is according to the Lagos State Commissioner...
Nigeria Scores Win Against P&ID in $11bn UK Case
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Nigeria has prevailed in a running legal battle against an award of $11 billion against it in favour of P&ID at a UK court.
Recall that...
Elumelu Proposes Jerking up Nigeria Insurance Capitalisation to Spur Growth
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The Chairman, United Bank for Africa and Heirs Holdings, Tony Elumelu, has proposed a further increase in the capital bases of Nigeria insurers who...
Would Israel Exercise Its Samson Option If The Gaza War Expands?
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In biblical times, the Israelites relied on God to triumph miraculously over their enemies.
Modern Israelis rely for protection on weapons with God-like powers that...
Guyana is Prize as Chevron to Buy Hess in $53 Billion Megadeal
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Chevron Corp. has agreed to buy Hess Corp. for $53 billion, a deal aimed at boosting production growth as the US oil industry bets...
US Ten-Year Treasury Yield Cross 5% for First Time Since 2007
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The 10-year Treasury yield crossed 5% for the first time in 16 years, propelled by expectations the Federal Reserve will maintain elevated interest rates and that...
Lagos Shuts Trade Fair Markets Over Environmental Pollution
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The Lagos State Government, on Sunday, shut down the Auto Spare Parts and Machinery Dealers Association, ASPAMDA, BBA and other markets within the Lagos...
Netflix’s `The Black Book’ Wins Big Globally for Nigeria With Record Views
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The Black Book, a Nigerian action thriller that tells a gripping story of corruption and police brutality in Africa’s most populous country has reached...
National Assembly to Make Electronic Transmission of Results Mandatory From 2027
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Nigerian lawmakers plan to make the electronic transmission of results mandatory starting from the 2027 national elections, according to a statement released at the end...