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Just in: Bitcoin rises above $50,000 for first time
Bitcoin rose above $50,000 for the first time on Tuesday while European equities eased after soaring the previous day on reduced coronavirus fears and thanks to mounting optimism over US President Joe Biden’s vast stimulus plan, traders…
BREAKING: Okonjo-Iweala named first female WTO boss
Former Minister of Finance and renowned economist, Ngozi Okonjo-Iweala has been named as the first female and first African head of the World Trade Organization (WTO).
Okonjo-Iweala was officially announced at a special general…
Petrol may sell for N200 as landing cost rises to N180
Users of Premium Motor Spirit, (PMS) may have to gird their loins for a possible astronomical increase in the pump price of the product if stories coming from the global oil prices are anything to go by.
It is feared that the…
Binance removes naira from crypto trading pairs over CBN ban
Following the directive of the Central Bank of Nigeria (CBN) asking banks and other financial institutions to close the accounts used for cryptocurrency operations, Binance, one of the largest cryptocurrency exchanges by volume…
Just in: US backs Okonjo-Iweala to lead WTO
President Joe Biden’s administration on Friday offered its “strong support” to Nigeria’s Ngozi Okonjo-Iweala to lead the World Trade Organisation, AFP reports.
The move marks another sharp split with former President Donald Trump…
NBS: Nigeria’s foreign capital inflow in record low, sinks to $9.68bn
The National Bureau of Statistics, (NBS) on Friday said foreign capital flow into Nigeria sank by more than half in 2020 to $9.68bn, its lowest level in four years.
In its capital importation report for the fourth quarter and…
Lagos announces plan to phase out yellow buses
The Lagos State Government has announced plans says to phase out yellow buses in the state.
Commissioner for Transportation, Dr Frederic Oladeinde, said the development was in line with the transportation masterplan for the state. …
Ngozi Okonjo-Iweala sole candidate for WTO DG as Korean candidate withdraws
South Korea's candidate for the position of Director-General of the World Trade Organisation (WTO), Yoo Myung-Hee, has announced she will withdraw from the race, clearing the path for Nigeria's Ngozi Okonjo-Iweala who the…
PIB: Host communities reject 2.5% proposal by Petroleum Minister
The National President of the Host Community of Nigeria Producing Oil and Gas, Benjamin Tamaranebi on Sunday dismissed as unacceptable the 2.5 per cent, proposed in the Petroleum Industry Bill, being supported by the Minister of…
Cost of vehicles to go down as Customs introduces reduced import duties next week
The cost of vehicles and tractors in the country is likely to go down as the the Nigeria Customs Service has said reduction in the duties on the automobiles from 35 to about 10 per cent may take off next week.…