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Dollar

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Chinese Yuan strengthens to 6.6607 against dollar Tuesday

May 31, 2022 Content-man 0

The central parity rate of the Chinese currency the Yuan, strengthened 441 pips to 6.6607 against the U.S. dollar Tuesday. This is according to the […]

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BDC suspension worsens dollar scarcity, parallel market premium, says ABCON

April 13, 2022 Content-man 0

By Fabian Ekeruche The Association of Bureaux De Change Operators of Nigeria (ABCON) says the widening gap between the official and parallel market exchange rates […]

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Nigerian shares steady as dollar sinks – Analyst

January 14, 2022 Content-man 0

 Nigerian shares have hovered around 2021 highs, gaining over 4.4 per cent year-to-date, in spite of the December U.S. inflation report reinforcing Federal Reserve rate […]

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ICC prosecutor seeks investigation into abduction of Nigerian schoolchildren

October 24, 2021 Content-man 0

The prosecutor of the International Criminal Court (ICC) is set to seek authorisation from the Pre-Trial Chamber of the court to open an investigation into […]

Chinese yuan weakens to 6.4032 against USD Friday

October 22, 2021 Content-man 0

 The central parity rate of the Chinese currency renminbi, or the yuan, weakened 142 pips to 6.4032 against the U.S. Dollar (USD) on Friday, according […]

Indonesia, China begin feasibility study on $560m coal-to-methanol plant

October 20, 2021 Content-man 0

 Indonesia and China have signed a memorandum of understanding (MoU) to conduct a feasibility study of a 560 million U.S. dollar coal-to-methanol plant. Indonesia’s Industry […]

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ABB to launch new factory to realise “Using robots to make robots” in Shanghai

October 19, 2021 Content-man 0

Swiss tech giant ABB would realise “robots making robots” in Shanghai, announced the company at the 33rd meeting of the International Business Leaders’ Advisory Council […]

Bayelsa bemoans loss of OML 46 to ex-partners

September 20, 2021 Content-man 0

The Management of Bayelsa Oil Company Limited has said that the loss of its operating license in the last marginal oilfields licensing rounds was due […]

Spices company commends SEC on regulation to sanitise funding investments

September 3, 2021 Content-man 0

An “agropreneur’’, Mr Kenneth Obiajulu, on Friday in Lagos commended the Securities and Exchange Commission (SEC) for regulating fund investments in the agriculture sector. He […]

Hurricane Ida: Biden approves New York, New Jersey Emergency Declaration

September 3, 2021 Content-man 0

U.S. President Joe Biden has approved emergency declarations in the states of New York and New Jersey, paving  way for the states to receive much-needed […]

Court remands 2 men for alleged possession of firearms, robbery

August 31, 2021 Content-man 0

A Lagos Magistrates’ Court sitting at Tinubu, on Tuesday remanded two men, Olamilekan Sulieman and Tajudeen Sanusi, for alleged possession of firearms. The defendants, Sulieman, […]

48.5bn dollars spent on international transfers from 2011 to 2020 — FIFA

August 30, 2021 Content-man 0

A total of 48.5 billion dollars (about N19.98 trillion) in international transfer fees have been paid in the decade until 2020, football’s world governing body […]

Real Madrid close in on Mbappe, secure extension with Casemiro

August 27, 2021 Content-man 0

 Kylian Mbappe arrived at the training ground of French clubside Paris Saint-Germain (PSG) on Friday amid the expectation Real Madrid would push to complete his […]

China’s Bond Connect programme continues to thrive in July

August 2, 2021 Content-man 0

 China’s Bond Connect programme continued to see robust activity in July, data released by Bond Connect Co. Ltd. showed. The total monthly trading volume under […]

Landlord docked for forcefully evicting tenant

July 30, 2021 Content-man 0

A 53-year-old landlord, Remilekun Omosehin, who forcefully evicted his tenant without a court warrant, on Friday appeared in a Yaba Chief Magistrates’ Court, Lagos. The […]

FMDQ records N15.31trn turnover in June

July 27, 2021 Content-man 0

 FMDQ Securities Exchange Ltd. has recorded a turnover of N15.31 trillion in the Fixed Income and Currency (FIC) in the month of June. This was […]

Court orders rtd Air Chief to defend 2 out of 5 money laundering charge

July 15, 2021 Content-man 0

Justice Inyang Ekwo of the Federal High Court Abuja has ordered  Air Commodore Umar Mohammed (rtd) to open his defence in two, out of five […]

Gbajabiamila issues 7-day ultimatum to Rep c’ttees to submit investigative reports

July 8, 2021 Content-man 0

The Speaker of the House of Representatives, Rep. Femi Gbajabiamila, has issued a 7-day ultimatum to Committees yet to report back to the house on […]

Customs hands over suspect with foreign currencies concealed in diapers to EFCC

July 2, 2021 Content-man 0

The Kano, Jigawa Command of the Nigeria Customs Service has handed over one Sabo Suleiman to the Economic and Financial Crimes Commission (EFCC) for further […]

China’s weekly farm-produce prices edge down

June 22, 2021 Content-man 0

China’s farm-produce prices fell last week, according to the Ministry of Commerce. From June 14 to June 20, the overall price of farm produce decreased […]

Court orders FG to Bayelsa Govt $951m derivative arrears

June 21, 2021 Content-man 0

The Federal High Court, Abuja, on Monday,  ordered the Federal Government to pay 951 million dollars to the Bayelsa Government.The amount is the 13 per […]

Minimum wage: Transfer to concurrent list won’t work – FG

May 1, 2021 Content-man 0

The Federal Government has assured workers that the transfer of the National Minimum Wage from the Executive to Concurrent list would not work. The Minister […]

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CBN to sanction DMBs, BDCs for rejecting old, smaller denomination U.S dollars –Director

April 21, 2021 Content-man 0

The Central Bank of Nigeria (CBN) has ordered Deposit Money Banks (DNBs) and Bureau De Change (BDC) operators to, henceforth, accept old and lower denomination […]

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The Story Of The Naira-For-Dollar Promo, By Azu Ishiekwene

March 11, 2021 Content-man 0

It would seem harsh to judge the Central Bank of Nigeria (CBN) solely by its intentions, especially in the last four or five years.  In […]

We are broke: House of Reps cries out

March 11, 2021 Content-man 0

 The House of Representatives says it is broke and cannot afford to carry out its constitutional mandate effectively. Rep. Benjamin Kalu (APC-Abia), spokesman for the […]

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