Naira faces further pressure against dollar

The naira is seen weakening further against the United States dollar next week amid a crackdown in the parallel market currency traders and the persistent scarcity of the greenback.

Reuters reported that foreign exchange demand by small businesses was set to surge ahead of holiday season sales.

The local currency fell 2.08 per cent week-on-week on Thursday to 480 to the dollar on the parallel market against 470 a dollar last week, while it was quoted by commercial lenders at 314.80 a dollar on the interbank market.

Brazil, US, Canada slash Nigeria’s oil imports

Major buyers of the Nigerian crude oil in the North and South America have slashed their imports from the country, the latest report from the Nigerian National Petroleum Corporation has shown.

It said the monthly imports of Nigerian crude by Brazil, the United States and Canada fell to their lowest levels this year in August at 974, 577 barrels, 4.14 million barrels and 905,116 barrels, respectively.

Brazil, US, Canada slash Nigeria’s oil imports

Major buyers of the Nigerian crude oil in the North and South America have slashed their imports from the country, the latest report from the Nigerian National Petroleum Corporation has shown.

It said the monthly imports of Nigerian crude by Brazil, the United States and Canada fell to their lowest levels this year in August at 974, 577 barrels, 4.14 million barrels and 905,116 barrels, respectively.

Brazil, US, Canada slash Nigeria’s oil imports

Major buyers of the Nigerian crude oil in the North and South America have slashed their imports from the country, the latest report from the Nigerian National Petroleum Corporation has shown.

It said the monthly imports of Nigerian crude by Brazil, the United States and Canada fell to their lowest levels this year in August at 974, 577 barrels, 4.14 million barrels and 905,116 barrels, respectively.

Brazil, US, Canada slash Nigeria’s oil imports

Major buyers of the Nigerian crude oil in the North and South America have slashed their imports from the country, the latest report from the Nigerian National Petroleum Corporation has shown.

It said the monthly imports of Nigerian crude by Brazil, the United States and Canada fell to their lowest levels this year in August at 974, 577 barrels, 4.14 million barrels and 905,116 barrels, respectively.

Brazil, US, Canada slash Nigeria’s oil imports

Major buyers of the Nigerian crude oil in the North and South America have slashed their imports from the country, the latest report from the Nigerian National Petroleum Corporation has shown.

It said the monthly imports of Nigerian crude by Brazil, the United States and Canada fell to their lowest levels this year in August at 974, 577 barrels, 4.14 million barrels and 905,116 barrels, respectively.

Brazil, US, Canada slash Nigeria’s oil imports

Major buyers of the Nigerian crude oil in the North and South America have slashed their imports from the country, the latest report from the Nigerian National Petroleum Corporation has shown.

It said the monthly imports of Nigerian crude by Brazil, the United States and Canada fell to their lowest levels this year in August at 974, 577 barrels, 4.14 million barrels and 905,116 barrels, respectively.

Brazil, US, Canada slash Nigeria’s oil imports

Major buyers of the Nigerian crude oil in the North and South America have slashed their imports from the country, the latest report from the Nigerian National Petroleum Corporation has shown.

It said the monthly imports of Nigerian crude by Brazil, the United States and Canada fell to their lowest levels this year in August at 974, 577 barrels, 4.14 million barrels and 905,116 barrels, respectively.

Trump’s win a victory against globalisation, experts say

After Britain’s shock vote to quit the EU, Donald Trump’s victory is a new powerful sign of a popular backlash against the drive for globalisation and more free trade.The maverick Republican tycoon propelled himself into the presidency of the world’s largest economy with an anti-free trade message to undo the harm such pacts had caused American workers.It resonated with many US voters who may not have benefited from the start of a pickup in the US economy, as did Trump’s promise to renegotiate the trade deals and win back jobs.His victory comes at a key time for several free trade deals, in

Recession: Governors lavish billions of naira on bulletproof cars for selves, wives

There are indications that some governors, their wives and deputy governors have continued to ride in expensive bulletproof vehicles in spite of the biting economic recession in the country.

Saturday PUNCH investigations revealed that the number of bulletproof vehicles in the convoy of 14 state governors, their deputies and wives is close to 100 while the citizens have been struggling to enjoy daily meals.

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