Saturday, November 17, 2018

Tag "uk"

    Fed policy decision and UK GDP in focus

Fed policy decision and UK GDP in focus

Asian shares were mostly mixed during early trading on Wednesday, while the Greenback held steady ahead of the Federal Reserve decision later today which is largely expected to conclude with monetary policy unchanged.With it already being considered a foregone conclusion that US interest rates will be left unchanged in July and no press conference scheduled by Janet Yellen, today’s FOMC meeting [...]

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    Oil further threatened as UK plans to ban petrol and diesel cars — like France, Germany, India

Oil further threatened as UK plans to ban petrol and diesel cars — like France, Germany, India

The United Kingdom is set to ban cars that run on diesel and petrol beginning from 2040, posing more threat to the future profitability of oil — Nigeria's major revenue source and economic lifeline.The British government was forced to take the measure following a court order mandating it to produce new plans to tackle air pollution, BBC reports.Michael Gove, the country's [...]

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    I’ll return as soon as my doctors advise me to, says Buhari

I’ll return as soon as my doctors advise me to, says Buhari

President Muhammadu Buhari says he will return to the country as soon as his doctors advise him to do so.The president has been in the UK, where he is receiving medical treatment, since May 7.On Sunday, leaders of his party – the All Progressives Congress (APC) – paid him a visit in London. Rochas Okorocha, Imo state governor, who was [...]

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    IMF: Nigeria to grow faster than South Africa in 2018

IMF: Nigeria to grow faster than South Africa in 2018

The International Monetary Fund (IMF) projects that Nigeria's economy will grow at a faster pace than the South African economy in the 2018 fiscal year.According to its World Economic Outlook (WEO) for July 2017, the IMF said Nigeria will grow at 1.9 percent in 2018, while South Africa will only climb by 1.2 percent.In 2016, the Nigerian economy contracted by [...]

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    Yoruba ‘intellectual’ crimes in the UK

Yoruba ‘intellectual’ crimes in the UK

Crime has no ethnic complexion. But when a group is the preponderant cast of a certain evil, I believe that should be addressed. For those who may want to come at me for any convoluted or bigoted reason, please read my previous article – The Igbo crime culture.I took a two-week break after writing that article. There was a fusillade [...]

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    Sterling lower ahead of UK employment data

Sterling lower ahead of UK employment data

Investors who sought fresh insight into the outlook on UK interest rates were left empty-handed on Tuesday after Bank of England’s Deputy Governor Ben Broadbent maintained a safe distance from monetary policy discussions in the speech he gave in Aberdeen.Sellers were swift to exploit this disappointment and to attack the GBPUSD, with prices sliding towards 1.2820 as of writing. Price action suggests [...]

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    Nigerian jailed in UK for £2.5m identity fraud

Nigerian jailed in UK for £2.5m identity fraud

Kayode Sanni, a Nigerian, who led a gang which used the identities of members of parliaments, judges and police officers to steal millions of pounds from taxpayers, has been jailed for more than five years by a UK court.According to a Dailymail report, Sanni received a jail term of five years and three months for his part in the elaborate [...]

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    28 Nigerians deported from UK

28 Nigerians deported from UK

Barely 48 hours after 23 Nigerians were deported from Spain, the UK government has sent another 28 packing.The deportees were accused of committing immigration-related offences in the country.They arrived at the Murtala Muhammed International Airport (MMlA), Lagos, around 12:13pm.Joseph Alabi, spokesman of the Lagos airport police command, confirmed the development to NAN.Alabi said the deportees, comprising 21 males and seven [...]

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    Buhari ‘asks’ Nigerians to avoid reckless statements

Buhari ‘asks’ Nigerians to avoid reckless statements

President Muhammadu Buhari has asked Nigerians to stop making reckless statements, according to his media office.Buhari, who is on medical leave in the UK, made this appeal in a message on the occasion of Eid-el-Fitr.While some groups in the south-east are demanding an independent state of Biafra, some in the north have asked the Igbo to leave the region within [...]

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    US, UK ‘revoke’ visas of senior military officers over human rights issues

US, UK ‘revoke’ visas of senior military officers over human rights issues

The US embassy and British high commission in Nigeria have reportedly withdrawn and denied entry visa to some serving and retired Nigerian army officers.According to THISDAY, this was disclosed in a report of an army panel set up to investigate alleged human rights abuse levelled against the military by Amnesty International (AI).While presenting the findings at a press conference in Abuja, [...]

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    May’s fate as Prime Minister hangs in the balance

May’s fate as Prime Minister hangs in the balance

British Prime Minister Theresa May risks losing her position to Labour leader Jeremy Corbyn following her Conservative Party’s poor performance in the just concluded election.Corbyn has vowed to finish what he started by getting rid of Theresa May within a matter of days.He plans to use the Queen’s Speech as his first opportunity to topple the floundering PM.In an interview [...]

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    Terrorism changing the world from global village to giant prison

Terrorism changing the world from global village to giant prison

On the solemn morning of June 4, I woke to discomfiting reports of a terror attack on London Bridge. A three-man gang weaponised a van and ploughed through pedestrians, killing seven of them and injuring at least 48 others.A few days ago, a suicide bomber killed 22 persons among whom were children at an Ariana Grande concert in Manchester. And [...]

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    Onwurah, Osamor, Onasanya… meet the seven British Nigerians elected into UK parliament

Onwurah, Osamor, Onasanya… meet the seven British Nigerians elected into UK parliament

Seven Nigerians emerged victorious in the recent parliamentary election held in the United Kingdom. Most of them retained their constituencies, having secured victory in the 2015 general election. We bring you highlights of these citizens who have brought honour to the most populous black nation on earth. CHI ONWURAHPrior to the election, Onwurah, 52, has been the shadow minister (department for business, energy [...]

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    You will now pay for email inquiries on UK visa

You will now pay for email inquiries on UK visa

The British high commission has announced that email inquiries by visa customers applying from outside the UK would attract a fee as from June 1.The high commission made this known in a brief report on changes to UK visas and immigration customer care operations made available by the media officer, Joseph Abuku, in Abuja on Monday.According to the report, the [...]

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    UK suspends Nigerian doctor who bombarded patient with love messages

UK suspends Nigerian doctor who bombarded patient with love messages

Chris Uzoh, a Nigerian medical doctor, has been banned from practising in the UK for one year after he was accused of pestering his unnamed patient with love messages.Until his suspension, the doctor worked at the Murdishaw Health Centre in Runcorn.According to NAN, Uzoh was said to have sent a text message to his patient, 30, after he finished an [...]

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    35 Nigerians deported from UK

35 Nigerians deported from UK

The government of the United Kingdom (UK) on Wednesday deported 35 Nigerians for committing immigration-related offences in the country.The deportees arrived at the Murtala Muhammed International Airport (MMlA), Lagos around 5:50am.The deportees, comprising 30 males and five females, were brought back aboard a chartered Titanic Airways aircraft with registration Number: G-POWO.Joseph Alabi, spokesman of the Lagos airport police command, confirmed [...]

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Exchange Rates

November 16, 2018USDGBPEUR
INTERBANK306397354
LAGOS359475418
KANO359476420
PH360476420
ABUJA359478419
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
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