Dollar bounces back but Asia markets wary over Trump (Read full details)

Dollars The dollar recovered against its major peers Wednesday after taking a battering the previous day but equity traders were on edge owing to uncertainty about the prospects of a Donald Trump presidency. The greenback plunged Tuesday following comments from the US president-elect in an interview that it was too strong and that a weak… Read More Dollar bounces back but Asia markets wary over Trump (Read full details)

Rate this:

Nigeria, China trade hits $9.5bn…Read full details

Trade between Nigeria and China stood at $9.5bn in 2016, according to the Economic and Commercial Counsellor of the Chinese Embassy, Mr. Zhao Linxiang. Linxiang gave the figure at a dinner to host participants of different training courses in China on Friday night in Abuja. The envoy said though bilateral relations between both countries faced… Read More Nigeria, China trade hits $9.5bn…Read full details

Rate this:

We’ll make Lagos Africa’s commercial hub – Akinwunmi Ambode

Lagos State Governor, Mr. Akinwunmi Ambode, has said he remains committed to transforming the state from Nigeria’s commercial hub to being the centre of commerce and tourism in Africa, just as London is the hub of commerce and tourism in Europe. He said the vision to create a more prosperous and safer Lagos remained on… Read More We’ll make Lagos Africa’s commercial hub – Akinwunmi Ambode

Rate this:

Naira falls to ₦497 as dollar demand rises

The naira fell to 497 against the United States currency at the parallel market on Friday as dollar shortages continued to hit the market. Economic and currency experts have predicted that the naira will likely depreciate to over 500 per dollar this year. The President, Association of Bureau De Change Operators of Nigeria, Alhaji Aminu… Read More Naira falls to ₦497 as dollar demand rises

Rate this:

2017: Naira Dips at the Black Market…See Latest Value

The Naira on Thursday depreciated further at the parallel market, ebbing close to the projection of speculators, the News Agency of Nigeria reports. NAN reports that at the twilight of 2016, speculators forecasted that the Naira would exchange at N500 to a dollar. The Nigerian currency lost N3 to trade at N495 to the dollar… Read More 2017: Naira Dips at the Black Market…See Latest Value

Rate this:

Asia’s richest man, Jack Ma meets with Donald Trump on plans to create 1million jobs in US (photo)

Asia’s richest man, Jack Ma, the billionaire founder and executive chairman of the Alibaba Group met with Donald Trump on Monday to discuss plans for creating “one million” jobs in the U.S. through the company’s e-commerce platform. “Jack plans to share how Alibaba will create 1 million U.S. jobs by enabling 1 million small businesses… Read More Asia’s richest man, Jack Ma meets with Donald Trump on plans to create 1million jobs in US (photo)

Rate this:

NUPENG lauds FG’s policy on petroleum products importation

The Nigerian Union of Petroleum and Natural Gas Workers has thrown its weight behind the Federal Government’s policy to end importation of petroleum products by 2018. The NUPENG’s General Secretary, Mr Joseph Ogbebor, gave the union’s position on Monday in Lagos. The Minister of Science and Technology, Dr. Ogbonnaya Onu, had said on Wednesday in… Read More NUPENG lauds FG’s policy on petroleum products importation

Rate this:

Filling Stations Shut Down in Badagry, Lagos For Tampering With Meters

13 filling stations in Badagry, Lagos State, have been sealed for allegedly tampering with their meters in order to cheat customers. Two Total filling stations, an MRS filling station and two Energy filling stations were allegedly involved in the act. Others are Dalco, Royal Stream, Lasbat, Ramos, JWMS, Jackos, Olubisi Obinja and NYBO filling stations.… Read More Filling Stations Shut Down in Badagry, Lagos For Tampering With Meters

Rate this: