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Oil prices rose more than one dollar a barrel on Monday after Saudi Arabia, Russia and Iraq backed an extension of supply cuts for another six to nine months ahead of an OPEC meeting in Vienna.
China’s capital Beijing is set to open an eye-catching multi-billion dollar airport resembling a massive shining starfish, to accommodate soaring air traffic and celebrate the Communist government’s 70th anniversary in power.
The Naira on Tuesday closed at N359.5 to a dollar at the parallel market in Lagos, newsmen reports.
The dollar was on the back foot on Monday after sustaining its biggest weekly drop in four months last week as traders remained cautious about the prospects of trade talks between the United States and China at this week’s G20 summit.
Zimbabwe’s interim currency fell to a new low on the black market on Thursday and local firms were demanding payment in U.S. dollars as a hedge against inflation, which is running at its highest in a decade.
The Concessionaire of Funtua Inland Dry Port (FID) on Thursday said over 20 million dollars intervention fund would be needed to get the port operational within a year.
The dollar held steady close to a two-year high against its peers on Friday, supported by data showing strong U.S. capital goods orders, while a first-quarter GDP report to be released later in the global day could further reinforce bullishness, reports by Reuters and NAN revealed.
The doctors are moving to societies where they are better paid because staying back in Nigeria keeps them on the poverty belt. A country that devalues its currency like Nigeria has done in relation to other major currencies like the Euro, dollar and pound is definitely going to have a huge crisis within its society.
Lukman Otunuga, research analyst at FXTM, says the Central Bank of Nigeria (CBN) would likely cut interest rates further if macro economic conditions in the country improve.
Lagos based human rights activist and lawyer, Ebun-Olu Adegboruwa, on Thursday appealed to the Governor of Lagos State, Mr Babajide Sanwo-Olu, to do his best to preserve the Ikoyi Cancer Treatment Center and also call to order, officers of the Lagos State Physical Planning Authority, to unseal the premises for the project to be completed.
An Army Colonel, a Captain with his four escorts and a driver were killed Thursday killed by rampaging Boko Haram insurgents between Mainok and Jakana along Damaturu/Maiduguri highway.
The Economic and Financial Crimes Commission, EFCC, Maiduguri Zonal Office on Thursday secured the conviction of Usman Ibrahim Idris alongside his company, Influential Investment Limited, before Justice Fadawu Umar of the Borno State high court, Maiduguri.
Nigeria’s representative in Disaster Recovery Institute International (DRI) Philip Keshiro has advised government agencies to consider Business Continuity Management (BCM) to recover from disasters.
Total Upstream Nigeria Limited, Nigerian National Petroleum Corporation, NNPC and its partners, yesterday, handed over 10 projects in health, education and information technology, valued at N900 million to eight states in the northern region of the country.
Mr. Thomas Orhionsefe Ewansiha, a 34-year-old Nigerian PhD student of Limkokwing University of Creative Technology in Malaysia, have been allegedly murdered while being detained by the immigration authorities in Malaysia.
An Igbosere Magistrates’ Court in Lagos on Monday sentenced a driver, Adeyemi Adeshina, to 48 months imprisonment for stealing N326, 000 from a colleague’s mobile banking application.
Lampard enjoyed a good spell with Derby County last season, he led the Rams into the Championship play-off finals, he feels he has the talents at his disposal to challenge for the Premier League competitors when the season begins.
The Nigeria Centre for Disease Control (NCDC), on Monday dismissed as absolutely false, social media reports on purported outbreak of bovine tuberculosis in cattle from the northern part of the country.
Oba Ewuare said this on Friday when the Chairman of House of Representatives Ad-hoc Committee on the Crisis in Edo Assembly, Mr Abdulrazaq Nadaz, and his members visited the palace in Benin.