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Nigeria to Get Inflow of $10 Billion, Ban Parallel Market

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

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

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

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?

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

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

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

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

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

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...

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